UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.013%

Price spread now: SoDEX against Coinbase International+0.011%58s7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$480.483% of the position

Long on Coinbase International Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.082%+$8 on $10k

Price spread, last 3 days (all we have)+0.121%+$12 · spread now +0.011%, 7d avg −0.027%

Together, before fees+0.203%+$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SoDEX is 0.038% dearer against Coinbase International than usual: you sell high and buy low (spread +0.011% now, against its 7-day average of −0.027%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 hours. Mind the row above: over the last 3 days funding on this pair paid +0.082%, so the current rate has only just turned against you. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International UNI-PERP-INTX	8.9440	0.0200	pay 0.0025% / 1h	27m 22s	$1.0M	$5.4M	50x
Short	SoDEX UNI-USD	8.9450	0.0100	get 0.0013% / 1h	27m 22s	$25K	$666K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee SoDEXbpOrdersPrice spread, now +0.011%Rate

Funding earned: −$21
Price spread: +0.011% → −0.027%: $3.83
Slippage, 4 orders: −$30.25
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$65.42
Costs to cover: 0.483%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 2 min ago; SoDEX: live order book, 61 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 2 min ago	4.47 bp	13.8 bp −$14	18.1 bp −$181	doesn't fit	doesn't fit
Sell SoDEX live order book, 61 min ago	0.57 bp	9.7 bp −$10	27.6 bp −$276	doesn't fit	doesn't fit

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni UNI	−0.0175%	8h	8.9141	−0.334%	$3.9M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0132%	8h	8.9480	+0.045%	$102.2M	$105.9M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9530	+0.100%	$566K	$137K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.9471	+0.035%	$81K	—	150x	as long as short
01 Exchange UNIUSD	+0.0016%	1h	8.9448	+0.009%	$446	—	10x	as long as short
OKX UNI-USDT-SWAP	+0.0017%	8h	8.9450	+0.011%	$55.0M	$249.0M	50x	as long as short
dYdX UNI-USD	+0.0081%	1h	8.9406	−0.038%	$248K	$5K	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9373	−0.074%	$26K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9370	−0.078%	$865K	$3.9M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9405	−0.040%	$1.0M	$3.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.9391	−0.055%	$302K	$564K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9460	+0.022%	$218.8M	$594.6M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9470	+0.034%	$276K	$611K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9440	0.000%	$23.2M	$59.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9420	−0.022%	$43.6M	$24.6M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9400	−0.045%	$13.9M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9450	+0.011%	$32.4M	$41.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9470	+0.034%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9300	−0.157%	$992K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8913	−0.589%	$167K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9116	−0.363%	$625K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9180	−0.291%	$84K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9230	−0.235%	$106K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9442	+0.002%	$87K	$324K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9460	+0.022%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9450	+0.011%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USDshort	+0.0100%	1h	8.9450	+0.011%	$25K	$666K	10x
HTX UNI-USDT	+0.0100%	8h	8.9314	−0.141%	$728K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9180	−0.291%	$26.9M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9360	−0.090%	$308K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9470	+0.034%	$32K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTXlong	+0.0200%	1h	8.9440	long leg	$1.0M	$5.4M	50x
BloFin UNI-USDT	+0.0220%	8h	8.9320	−0.134%	$9.8M	$3.4M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0267%	1h	8.9181	−0.289%	$5.0M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0305%	1h	8.9496	+0.063%	$97.4M	$59.9M	10x	as long as short
Reya UNIRUSDPERP	+0.0360%	1h	8.9384	−0.063%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.9467	+0.030%	$561K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0522%	1h	8.9042	−0.445%	$1K	$50K	10x	as long as short
Lighter UNI	+0.0560%	1h	8.9534	+0.105%	$4.6M	$5.4M	15x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−1.722%	$657	$97K	12x	as long as short