Funding you earn now, next payment 23:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.05 per $10,000 · paid last 24h −0.040%
Price spread now: Polymarket Perps against dYdX+0.077%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1751.754% of the position
Funding, last 7 days−0.275%−$28 on $10k
+Price spread, last 3 days (all we have)+0.458%+$46 · spread now +0.077%, 7d avg +0.032%
=The price spread pays, funding is against you. Polymarket Perps is 0.046% dearer against dYdX than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of +0.032%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.6 days. At the pace of the last 7 days (−0.275% in total) that is about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX UNI-USD | 8.8798 | 0.0143 | pay 0.0018% / 1h | 22m 14s | $246K | $6K | 10x |
| Short | Polymarket Perps UNI-USD | 8.8866 | 0.0100 | get 0.0013% / 1h | 22m 14s | $86K | $353K | 10x |
dYdX UNI-USD
Polymarket Perps UNI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against dYdX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$8.96
- Price spread: +0.077% → +0.032%
- $4.55
- Slippage, 4 orders
- −$157.43
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$179.84
- Costs to cover
- 1.754%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 62 min ago; Polymarket Perps: live order book, 60 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, 62 min ago | 76.60 bp | 81.6 bp −$82 | 81.6 bp −$816 | 105.3 bp −$10.5K | 355.2 bp −$177.6K |
| Sell Polymarket Perps live order book, 60 min ago | 1.68 bp | 6.0 bp −$6 | 7.6 bp −$76 | 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 | −0.0057% | 8h | 8.8474 | −0.364% | $3.9M | $4.5M | — | as long as short |
| Bybit UNIUSDT | −0.0003% | 8h | 8.8840 | +0.048% | $101.3M | $104.5M | 75x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.8904 | +0.120% | $62K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.560% | $660 | $155K | 12x | as long as short |
| OKX UNI-USDT-SWAP | +0.0048% | 8h | 8.8840 | +0.048% | $55.0M | $245.0M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0056% | 1h | 8.8885 | +0.098% | $444 | — | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8798 | 0.000% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8845 | +0.053% | $941K | $4.0M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8921 | +0.139% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8818 | +0.023% | $298K | $570K | 10x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.8870 | +0.081% | $218.0M | $588.2M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8910 | +0.127% | $283K | $615K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8870 | +0.082% | $23.1M | $58.6M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8880 | +0.093% | $42.9M | $24.5M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8870 | +0.082% | $13.6M | $13.7M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8850 | +0.059% | $32.2M | $41.4M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8870 | +0.082% | — | $51.7M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8833 | +0.040% | $986K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8599 | −0.223% | $167K | $343K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8775 | −0.025% | $626K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8740 | −0.065% | $88K | $712K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8710 | −0.099% | $106K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USDshort | +0.0100% | 1h | 8.8866 | +0.077% | $86K | $353K | 10x | |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8860 | +0.070% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8910 | +0.127% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8870 | +0.082% | $25K | $666K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8960 | +0.183% | $730K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8850 | +0.059% | $26.7M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8838 | +0.045% | $301K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8895 | +0.110% | $32K | $1K | 3x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0118% | 1h | 8.8934 | +0.154% | $565K | $157K | 50x | as long as short |
| dYdX UNI-USDlong | +0.0143% | 1h | 8.8798 | long leg | $246K | $6K | 10x | |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8710 | −0.099% | $9.8M | $3.4M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0224% | 1h | 8.8890 | +0.104% | $1.1M | $5.3M | 50x | as long as short |
| Hyperliquid UNI | +0.0335% | 1h | 8.9004 | +0.232% | $97.6M | $59.1M | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0340% | 1h | 8.8950 | +0.171% | $5.0M | $7.0M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0362% | 1h | 8.8835 | +0.043% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0379% / S −0.0319% | 1h | 8.8896 | +0.111% | $557K | — | 120x | as long as short |
| Lighter UNI | +0.0592% | 1h | 8.9046 | +0.280% | $4.6M | $5.2M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0622% | 1h | 8.8616 | −0.205% | $1K | $49K | 10x | as long as short |
Binance UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Deribit UNI_USDC-PERPETUAL
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Hyperliquid UNI
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Lighter UNI
Aftermath Perps UNIUSD