UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0281%/8h= −30.8% APRnext payment −$0.35 per $10,000 · paid last 24h −0.041%

Price spread now: Arcus against GMX+0.122%7-day average +0.040% · you sell dearer than you buy

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

Long on GMX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.203%−$20 on $10k

Price spread, last 3 days (all we have)−0.092%−$9 · spread now +0.122%, 7d avg +0.040%

Together, before fees−0.295%−$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.082% dearer against GMX than usual: you sell high and buy low (spread +0.122% now, against its 7-day average of +0.040%): +$8 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX UNI/USD [UNI-USDC]	9.1598	L +0.0381% / S −0.0323%	pay 0.0048% / 1h	16m 05s	$579K	—	120x
Short	Arcus UNI-USD	9.1710	0.0100	get 0.0013% / 1h	16m 05s	$283K	$622K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against GMX. 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 GMXbpFee ArcusbpOrdersPrice spread, now +0.122%Rate

Funding earned: −$59.11
Price spread: +0.122% → +0.040%: $8.17
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$67.44
Costs to cover: 0.165%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Arcus: live order book, 58 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 GMX no order-book sample	—	—	—	—	—
Sell Arcus live order book, 58 min ago	5.00 bp	7.9 bp −$8	12.2 bp −$122	doesn't fit	doesn't fit

GMX: 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
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	9.1685	+0.095%	$593K	$185K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.1612	+0.015%	$39K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.601%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0080%	1h	9.1660	+0.068%	$457	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1590	−0.009%	$983K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1705	+0.117%	$1.1M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1709	+0.121%	$306K	$589K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1720	+0.133%	$233.0M	$603.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1680	+0.089%	$103.2M	$108.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1680	+0.089%	$56.6M	$257.3M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USDshort	+0.0100%	1h	9.1710	+0.122%	$283K	$622K	10x
Gate UNI_USDT	+0.0100%	8h	9.1660	+0.068%	$23.4M	$60.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1690	+0.100%	$45.9M	$24.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1670	+0.078%	$13.7M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1670	+0.078%	$33.9M	$43.1M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1660	+0.068%	—	$57.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1680	+0.089%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1621	+0.025%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.2156	+0.609%	$174K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.2149	+0.602%	$643K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.2110	+0.559%	$90K	$707K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1650	+0.057%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1648	+0.054%	$85K	$385K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1650	+0.057%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1733	+0.147%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1710	+0.122%	$22K	$711K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1679	+0.088%	$724K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1730	+0.144%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1639	+0.045%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1655	+0.062%	$309K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1690	+0.100%	$33K	—	3x	as long as short
dYdX UNI-USD	+0.0172%	1h	9.1667	+0.075%	$246K	$24K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1670	+0.078%	$10.4M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1730	+0.144%	$1.1M	$4.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0366%	1h	9.1573	−0.027%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]long	L +0.0381% / S −0.0323%	1h	9.1598	long leg	$579K	—	120x
Kraken Futures PF_UNIUSD	+0.0383%	1h	9.1765	+0.182%	$5.1M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0543%	1h	9.1807	+0.228%	$101.2M	$59.9M	10x	as long as short
Lighter UNI	+0.0952%	1h	9.1917	+0.348%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.1007%	1h	9.2052	+0.496%	$976	$49K	10x	as long as short