UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0246%/8h= −26.9% APRnext payment −$2.46 per $10,000 · paid last 24h −0.038%

Price spread now: Variational Omni against Gate−0.045%7-day average −0.020% · you buy dearer than you sell

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

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.054%−$5 on $10k

Price spread, last 7 days+0.016%+$2 · spread now −0.045%, 7d avg −0.020%

Together, before fees−0.038%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.025% cheaper against Gate than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.020%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.054% in total (about -6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UNI_USDT	8.9060	0.0100	pay 0.0100% / 8h	2h 17m	$23.1M	$59.4M	75x
Short	Variational Omni UNI	8.9020	−0.0146	pay 0.0146% / 8h	2h 17m	$4.0M	$4.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee Variational OmnibpOrdersPrice spread, now −0.045%Rate

Funding earned: −$51.65
Price spread: −0.045% → −0.020%: −$2.46
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$69.11
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 1 min ago; Variational Omni: RFQ quote, 2 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 Gate live order book, 1 min ago	1.69 bp	16.7 bp −$17	23.4 bp −$234	41.1 bp −$4,107	64.9 bp −$32.5K
Sell Variational Omni RFQ quote, 2 min ago	3.27 bp	doesn't fit	16.9 bp −$169	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 UNIshort	−0.0146%	8h	8.9020	−0.045%	$4.0M	$4.6M	—
Bybit UNIUSDT	−0.0099%	8h	8.8970	−0.101%	$101.3M	$106.0M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9081	+0.024%	$563K	$138K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.9041	−0.021%	$80K	—	150x	as long as short
01 Exchange UNIUSD	+0.0024%	1h	8.9014	−0.052%	$444	—	10x	as long as short
OKX UNI-USDT-SWAP	+0.0026%	8h	8.9030	−0.034%	$54.8M	$248.3M	50x	as long as short
dYdX UNI-USD	+0.0094%	1h	8.9036	−0.027%	$247K	$5K	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9026	−0.038%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9060	0.000%	$851K	$4.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8990	−0.079%	$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	8.9019	−0.046%	$301K	$563K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8980	−0.090%	$217.5M	$595.6M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9040	−0.022%	$274K	$612K	10x	as long as short
Gate UNI_USDTlong	+0.0100%	8h	8.9060	long leg	$23.1M	$59.4M	75x
MEXC UNI_USDT	+0.0100%	8h	8.9060	0.000%	$43.2M	$24.7M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8960	−0.112%	$13.4M	$13.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8980	−0.090%	$32.3M	$41.5M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8970	−0.101%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9028	−0.036%	$988K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9121	+0.068%	$168K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9060	0.000%	$618K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9090	+0.034%	$84K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9170	+0.124%	$106K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9096	+0.040%	$94K	$333K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9010	−0.056%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9038	−0.025%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9045	−0.017%	$25K	$666K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9177	+0.131%	$723K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9030	−0.034%	$26.8M	$4.3M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8937	−0.138%	$308K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9047	−0.015%	$32K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.9140	+0.090%	$1.0M	$5.4M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9150	+0.101%	$9.8M	$3.4M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0267%	1h	8.9110	+0.057%	$5.0M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0291%	1h	8.9121	+0.068%	$97.0M	$59.8M	10x	as long as short
Reya UNIRUSDPERP	+0.0360%	1h	8.9074	+0.015%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.9067	+0.008%	$559K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0531%	1h	8.9191	+0.147%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0576%	1h	8.9133	+0.082%	$4.6M	$5.4M	15x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−1.302%	$657	$97K	12x	as long as short