UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0208%/8h= −22.7% APRnext payment −$0.26 per $10,000 · paid last 24h −0.039%

Price spread now: Pacifica against dYdX−0.018%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$169as in the Funding arb table

Net, price: spread back to 7d avg − costs−$151as in the Price arb table

costs, in and out, $10k−$1491.488% of the position

Long on dYdX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.198%−$20 on $10k

Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.018%, 7d avg +0.009%

Together, before fees−0.115%+ Points / potential airdropPacifica: Active · farm board−$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Pacifica is 0.026% cheaper against dYdX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.009%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX UNI-USD	8.8218	0.0308	pay 0.0038% / 1h	53m 37s	$244K	$5K	10x
Short	Pacifica UNI	8.8203	0.0100	get 0.0013% / 1h	53m 37s	$297K	$559K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.018%Rate

Funding earned: −$43.58
Price spread: −0.018% → +0.009%: −$2.62
Slippage, 4 orders: −$130.77
Fee dYdX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$194.96
Costs to cover: 1.488%
Break-even: never at this rate

Slippage from dYdX: live order book, 35 min ago; Pacifica: live order book, 35 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, 35 min ago	56.32 bp	61.3 bp −$61	65.2 bp −$652	111.7 bp −$11.2K	408.7 bp −$204.3K
Sell Pacifica live order book, 35 min ago	1.13 bp	12.4 bp −$12	doesn't fit	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	−0.0201%	8h	8.8015	−0.231%	$3.9M	$4.9M	—	as long as short
Bybit UNIUSDT	−0.0192%	8h	8.8160	−0.066%	$102.7M	$103.9M	75x	as long as short
01 Exchange UNIUSD	−0.0072%	1h	8.8233	+0.017%	$440	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8279	+0.069%	$551K	$125K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8242	+0.027%	$79K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0011%	8h	8.8170	−0.054%	$54.3M	$244.8M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8203	−0.017%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8170	−0.054%	$852K	$3.9M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8244	+0.029%	$1.0M	$3.4M	50x	as long as short
Pacifica UNIshort	+0.0100%	1h	8.8203	−0.018%	$297K	$559K	10x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.8231	+0.015%	$216.1M	$593.7M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8350	+0.150%	$273K	$605K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8210	−0.009%	$22.9M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8210	−0.009%	$42.7M	$24.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8170	−0.054%	$13.7M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8230	+0.014%	$32.0M	$41.0M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8210	−0.009%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8292	+0.084%	$978K	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8265	+0.053%	$166K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8310	+0.104%	$619K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8040	−0.202%	$83K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8180	−0.043%	$105K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8156	−0.070%	$87K	$339K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8200	−0.020%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8177	−0.046%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8221	+0.003%	$28K	$659K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8246	+0.032%	$721K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8230	+0.014%	$26.6M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8206	−0.013%	$307K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8257	+0.044%	$31K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8250	+0.036%	$1.0M	$5.3M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8380	+0.184%	$9.8M	$3.3M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	8.8268	+0.056%	$4.9M	$7.1M	50x	as long as short
dYdX UNI-USDlong	+0.0308%	1h	8.8218	long leg	$244K	$5K	10x
Reya UNIRUSDPERP	+0.0359%	1h	8.8099	−0.135%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	8.8234	+0.019%	$553K	—	120x	as long as short
Lighter UNI	+0.0464%	1h	8.8330	+0.127%	$4.5M	$5.3M	15x	as long as short
Hyperliquid UNI	+0.0481%	1h	8.8300	+0.093%	$95.9M	$59.6M	10x	as long as short
Aftermath Perps UNIUSD	+0.0508%	1h	8.8193	−0.029%	$1K	$50K	10x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−0.360%	$657	$97K	12x	as long as short