UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0077%/8h= +8.5% APRnext payment +$0.10 per $10,000 · paid last 24h −0.037%

Price spread now: Arcus against dYdX+0.195%7-day average +0.070% · 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−$77as in the Price arb table

costs, in and out, $10k−$890.891% of the position

Long on dYdX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.280%−$28 on $10k

Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.195%, 7d avg +0.070%

Together, before fees−0.380%−$38 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Arcus is 0.125% dearer against dYdX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.070%. Mind the row above: over the last 3 days funding on this pair cost −0.280%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX UNI-USD	9.0404	0.0023	pay 0.0003% / 1h	29m 46s	$238K	$30K	10x
Short	Arcus UNI-USD	9.0580	0.0100	get 0.0013% / 1h	29m 46s	$287K	$641K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against dYdX. 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 dYdXbpFee ArcusbpOrdersPrice spread, now +0.195%Rate

Funding earned: $16.24
Price spread: +0.195% → +0.070%: $12.51
Slippage, 4 orders: −$74.58
Fee dYdX: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$60.33
Costs to cover: 0.891%
Break-even: 33.0 days

Slippage from dYdX: live order book, 39 min ago; Arcus: live order book, 39 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 dYdX live order book, 39 min ago	25.60 bp	30.9 bp −$31	31.2 bp −$312	93.1 bp −$9,313	321.4 bp −$160.7K
Sell Arcus live order book, 39 min ago	5.47 bp	11.7 bp −$12	14.9 bp −$149	doesn't fit	doesn't fit

UNI on 39 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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0527	+0.136%	$19K	—	150x	as long as short
dYdX UNI-USDlong	+0.0023%	1h	9.0404	long leg	$238K	$30K	10x
01 Exchange UNIUSD	+0.0032%	1h	9.0585	+0.200%	$452	—	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.327%	$660	$154K	12x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0495	+0.101%	$935K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0653	+0.275%	$98.4M	$60.1M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0660	+0.283%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0389	−0.016%	$296K	$580K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0530	+0.139%	$225.9M	$611.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0490	+0.095%	$101.3M	$107.6M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0510	+0.117%	$55.8M	$254.8M	50x	as long as short
Arcus UNI-USDshort	+0.0100%	1h	9.0580	+0.195%	$287K	$641K	10x
Gate UNI_USDT	+0.0100%	8h	9.0510	+0.117%	$23.2M	$58.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0530	+0.139%	$49.6M	$26.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0560	+0.173%	$13.4M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0560	+0.173%	$33.1M	$42.8M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0510	+0.117%	—	$57.4M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0610	+0.228%	$991K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0181	−0.247%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9955	−0.497%	$169K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9959	−0.492%	$630K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0020	−0.425%	$88K	$706K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0300	−0.115%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0594	+0.210%	$86K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0540	+0.150%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0612	+0.230%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0541	+0.152%	$22K	$710K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0624	+0.243%	$720K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0570	+0.184%	$27.3M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0250	−0.170%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0471	+0.074%	$300K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0567	+0.180%	$32K	—	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.0430	+0.029%	$1.1M	$4.7M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0330%	1h	9.0595	+0.212%	$588K	$200K	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	9.0463	+0.065%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0499	+0.105%	$645K	—	120x	as long as short
Lighter UNI	+0.0408%	1h	9.0680	+0.305%	$4.7M	$5.3M	15x	as long as short
Kraken Futures PF_UNIUSD	+0.0423%	1h	9.0601	+0.218%	$5.0M	$6.9M	50x	as long as short
Aftermath Perps UNIUSD	+0.0937%	1h	9.0090	−0.348%	$1K	$48K	10x	as long as short