UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.032%

Price spread now: Backpack against gTrade (Gains Network)−0.052%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Backpack is 0.052% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 43 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) UNI/USD	8.7738	L +0.0004% / S −0.0006%	pay 0.0001% / 1h	50m 44s	$79K	—	150x
Short	Backpack UNI_USDC_PERP	8.7692	0.0100	get 0.0013% / 1h	50m 44s	$974K	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BackpackbpOrdersPrice spread, now −0.052%Rate

Funding earned: $20.14
Price spread: −0.052% → 0.000%: −$5.21
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$5.07
Costs to cover: 0.200%
Break-even: 8.8 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Backpack: live order book, 3 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Backpack live order book, 3 min ago	0.06 bp	7.2 bp −$7	82.0 bp −$820	doesn't fit	doesn't fit

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0095%	8h	8.8058	+0.365%	$3.9M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0040%	8h	8.7640	−0.111%	$100.1M	$106.3M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.7740	+0.002%	$558K	$158K	50x	as long as short
gTrade (Gains Network) UNI/USDlong	L +0.0004% / S −0.0006%	1h	8.7738	long leg	$79K	—	150x
OKX UNI-USDT-SWAP	+0.0033%	8h	8.7600	−0.157%	$54.2M	$244.5M	50x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.7900	+0.185%	$657	$96K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	8.7711	−0.030%	$438	—	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.7702	−0.041%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.7685	−0.060%	$855K	$4.1M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.7768	+0.034%	$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	8.7726	−0.014%	$296K	$575K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.7693	−0.051%	$215.2M	$598.1M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.7690	−0.054%	$270K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.7710	−0.032%	$22.7M	$58.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.7700	−0.043%	$42.3M	$24.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.7630	−0.123%	$13.4M	$13.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.7580	−0.180%	$31.7M	$41.7M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.7600	−0.157%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERPshort	+0.0100%	1h	8.7692	−0.052%	$974K	$2.3M	10x
edgeX UNIUSDC	+0.0100%	4h	8.8001	+0.300%	$165K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8252	+0.586%	$612K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8040	+0.345%	$87K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.7860	+0.139%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.7686	−0.059%	$86K	$349K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.7670	−0.077%	$15K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.7746	+0.009%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.7650	−0.100%	$24K	$668K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.7808	+0.080%	$721K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.7690	−0.054%	$26.4M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.7607	−0.149%	$298K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.7695	−0.049%	$31K	$1K	3x	as long as short
dYdX UNI-USD	+0.0217%	1h	8.7712	−0.029%	$243K	$6K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.7650	−0.100%	$9.8M	$3.3M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0224%	1h	8.7740	+0.003%	$1.0M	$5.3M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0345%	1h	8.7714	−0.027%	$4.9M	$7.2M	50x	as long as short
Reya UNIRUSDPERP	+0.0361%	1h	8.7648	−0.102%	$16K	—	20x	as long as short
Hyperliquid UNI	+0.0363%	1h	8.7829	+0.104%	$96.1M	$59.6M	10x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.7728	−0.012%	$550K	—	120x	as long as short
Lighter UNI	+0.0536%	1h	8.7864	+0.144%	$4.5M	$5.2M	15x	as long as short
Aftermath Perps UNIUSD	+0.0639%	1h	8.7967	+0.261%	$1K	$50K	10x	as long as short