Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0428%/8h= −46.9% APRnext payment $0.54 per $10,000 · paid last 24h −0.027%
Price spread now: Extended against dYdX−0.023%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$620.620% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.189%−$19 on $10k
Price spread, last 4 days (all we have)−0.081%−$8 · spread now −0.023%, 7d avg −0.075%
Together, before fees−0.270%+ Points / potential airdropExtended: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.053% dearer against dYdX than usual: you sell high and buy low (spread −0.023% now, against its 7-day average of −0.075%): +$5 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.189% in total) that is about 47 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.189% in total (about -9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.54 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX UNI-USD8.90070.0532pay 0.0067% / 1h39m 11s$234K$31K10x
ShortExtended UNI-USD8.89870.0104get 0.0013% / 1h39m 11s$300K$1.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against dYdX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
−$89.95
Price spread: −0.023% → −0.075%
$5.25
Slippage, 4 orders
−$46.96
Fee dYdX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$146.66
Costs to cover
0.620%
Break-even
never at this rate
Slippage from dYdX: live order book, 60 min ago; Extended: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX live order book, 60 min ago21.99 bp27.0 bp −$2727.0 bp −$270122.9 bp −$12.3K333.7 bp −$166.9K
Sell Extended live order book, 4 min ago0.06 bp3.8 bp −$410.5 bp −$105doesn't fitdoesn't fit

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_UNIUSD−0.0062%1h8.9074+0.075%$4.7M$8.5M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.9030+0.025%$77K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.794%$660$153K12xas long as short
Deribit UNI_USDC-PERPETUAL+0.0044%1h8.9073+0.074%$590K$273K50xas long as short
Nado UNI-PERP+0.0095%1h8.8983−0.028%$730K$4.6M10xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8977−0.033%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.9090+0.093%$724K$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9057+0.056%$288K$565K10xas long as short
Binance UNIUSDT+0.0100%8h8.9029+0.025%$216.7M$651.7M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9010+0.003%$98.7M$110.6M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX UNI-USDT-SWAP+0.0100%8h8.8990−0.019%$54.5M$262.3M50xas long as short
Arcus UNI-USD+0.0100%1h8.9130+0.138%$323K$701K10xas long as short
Gate UNI_USDT+0.0100%8h8.9030+0.026%$26.7M$62.7M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9030+0.026%$47.9M$25.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9030+0.026%$13.0M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9020+0.015%$33.1M$46.1M75xas long as short
BingX UNI-USDC+0.0100%8h8.9010+0.003%$6.5Mas long as short
Variational Omni UNI+0.0100%8h8.8960−0.052%$4.1M$4.0Mas long as short
edgeX UNIUSDC+0.0100%4h8.9044+0.041%$168K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9100+0.105%$622K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9060+0.060%$90K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.9070+0.071%$14K$3.5M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9065+0.065%$104K$616K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9060+0.060%$17K$2.4M10xas long as short
SunX UNI-USDT+0.0100%8h8.9099+0.103%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9015+0.009%$32K$902K10xas long as short
HTX UNI-USDT+0.0100%8h8.9144+0.154%$706K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9020+0.015%$26.9M$4.4M50xas long as short
Extended UNI-USDshort+0.0104%1h8.8987−0.023%$300K$1.8M25x
Aevo UNI-PERP+0.0104%1h8.9025+0.020%$32K3xas long as short
01 Exchange UNIUSD+0.0120%1h8.9082+0.084%$445$510xas long as short
Lighter UNI+0.0136%1h8.9160+0.172%$4.5M$5.4M15xas long as short
Hyperliquid UNI+0.0155%1h8.9128+0.136%$95.2M$67.5M10xas long as short
Coinbase International UNI-PERP-INTX+0.0208%1h8.9140+0.149%$927K$5.5M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9010+0.003%$10.2M$3.6M75xas long as short
Backpack UNI_USDC_PERP+0.0250%1h8.9126+0.134%$1.1M$2.5M10xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.9044+0.041%$634K120xas long as short
Reya UNIRUSDPERP+0.0382%1h8.8985−0.024%$16K20xas long as short
Aftermath Perps UNIUSD+0.0403%1h8.9210+0.228%$1K$52K10xas long as short
dYdX UNI-USDlong+0.0532%1h8.9007long leg$234K$31K10x