Funding you earn now, next payment 02:00 UTC−0.0362%/8h= −39.7% APRnext payment −$0.45 per $10,000 · paid last 24h −0.008%
Price spread now: dYdX against GMX+0.168%7-day average −0.024% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.052%+$5 on $10k
+Price spread, last 3 days (all we have)−0.213%−$21 · spread now +0.168%, 7d avg −0.024%
=The price spread pays, funding is against you. dYdX is 0.193% dearer against GMX than usual: you sell high and buy low (spread +0.168% now, against its 7-day average of −0.024%): +$19 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 43 hours. Mind the row above: over the last 3 days funding on this pair paid +0.052%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.052% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.45 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 | GMX UNI/USD [UNI-USDC] | 9.0950 | L +0.0381% / S −0.0244% | pay 0.0048% / 1h | 24m 24s | $647K | — | 120x |
| Short | dYdX UNI-USD | 9.1104 | 0.0019 | get 0.0002% / 1h | 24m 24s | $240K | $30K | 10x |
GMX UNI/USD [UNI-USDC]
dYdX UNI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against GMX. 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
- −$76.07
- Price spread: +0.168% → −0.024%
- $19.26
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$78.81
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; dYdX: live order book, 45 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 dYdX live order book, 45 min ago | 25.60 bp | 37.5 bp −$38 | 146.8 bp −$1,468 | 218.2 bp −$21.8K | 386.6 bp −$193.3K |
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 39 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 9.0967 | +0.018% | $19K | — | 150x | as long as short |
| dYdX UNI-USDshort | +0.0019% | 1h | 9.1104 | +0.168% | $240K | $30K | 10x | |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −2.914% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0040% | 1h | 9.1049 | +0.108% | $454 | — | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.0922 | −0.031% | $951K | $4.3M | 10x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 9.1085 | +0.148% | $98.8M | $60.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.1098 | +0.162% | $1.0M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.1120 | +0.187% | $298K | $574K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.0964 | +0.015% | $227.1M | $610.7M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.0980 | +0.033% | $101.9M | $107.4M | 75x | as long as short |
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Nado UNI-PERP
Hyperliquid UNI
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDTShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.1050 | +0.109% | $56.1M | $255.3M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 9.1110 | +0.175% | $289K | $641K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 9.0950 | 0.000% | $23.3M | $58.7M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.0970 | +0.022% | $49.9M | $26.2M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.1000 | +0.054% | $13.5M | $13.7M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.1050 | +0.109% | $33.3M | $42.8M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 9.0940 | −0.011% | — | $57.0M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.0886 | −0.071% | $997K | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.0580 | −0.407% | $4.1M | $4.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.0454 | −0.546% | $170K | $343K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.0456 | −0.543% | $629K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.0420 | −0.583% | $88K | $699K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.0870 | −0.088% | $56K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.0990 | +0.043% | $86K | $410K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1080 | +0.142% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.0944 | −0.007% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.0838 | −0.124% | $22K | $712K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.0940 | −0.011% | $723K | $4.2M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.0800 | −0.165% | $27.4M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.0971 | +0.023% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.0911 | −0.043% | $303K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1079 | +0.141% | $32K | — | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0312% | 1h | 9.0930 | −0.022% | $1.1M | $4.7M | 50x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0316% | 1h | 9.0889 | −0.067% | $590K | $187K | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0368% | 1h | 9.0927 | −0.026% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC]long | L +0.0381% / S −0.0244% | 1h | 9.0950 | long leg | $647K | — | 120x | |
| Kraken Futures PF_UNIUSD | +0.0422% | 1h | 9.0879 | −0.079% | $5.0M | $6.9M | 50x | as long as short |
| Lighter UNI | +0.0456% | 1h | 9.1249 | +0.328% | $4.7M | $5.3M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0934% | 1h | 9.0544 | −0.447% | $948 | $48K | 10x | as long as short |
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
Deribit UNI_USDC-PERPETUAL
Reya UNIRUSDPERP
Kraken Futures PF_UNIUSD
Lighter UNI
Aftermath Perps UNIUSD