Funding you earn now, next payment 06:00 UTC−0.0281%/8h= −30.8% APRpaid last 24h −0.060%
Price spread now: edgeX against GMX−1.025%70s7-day average −0.020% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.224%−$22 on $10k
+Price spread, last 4 days (all we have)+0.820%+$82 · spread now −1.025%, 7d avg −0.020%
=Together, before fees+0.596%+ Points / potential airdropedgeX: Active · farm board+$60 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and edgeX is 1.005% cheaper against GMX than usual: you would sell low and buy high (−$100 if the spread goes back to its 7-day average of −0.020%). Swap the legs. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX UNI/USD [UNI-USDC] | 8.9359 | L +0.0381% / S −0.0243% | pay 0.0048% / 1h | 19m 46s | $634K | — | 120x |
| Short | edgeX UNIUSDC | 8.8443 | 0.0100 | get 0.0050% / 4h | 2h 19m | $167K | $345K | 20x |
GMX UNI/USD [UNI-USDC]
edgeX UNIUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$58.99
- Price spread: −1.025% → −0.020%
- −$100.45
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$180.44
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; edgeX: live order book, 29 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 edgeX live order book, 29 min ago | 2.25 bp | 6.7 bp −$7 | 17.1 bp −$171 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado UNI-PERP | −0.0065% | 1h | 8.9215 | −0.161% | $822K | $4.6M | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.9398 | +0.044% | $4.8M | $8.5M | 50x | as long as short |
| 01 Exchange UNIUSD | −0.0016% | 1h | 8.9246 | −0.126% | $445 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.9367 | +0.009% | $49K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −1.185% | $660 | $153K | 12x | as long as short |
| Polymarket Perps UNI-USD | +0.0092% | 1h | 8.9188 | −0.191% | $111K | $535K | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.9679 | +0.358% | $4.5M | $5.6M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9569 | +0.235% | $26K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9616 | +0.287% | $745K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9584 | +0.252% | $287K | $612K | 10x | as long as short |
Nado UNI-PERP
Kraken Futures PF_UNIUSD
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Polymarket Perps UNI-USD
Lighter UNI
Paradex UNI-USD-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 | 8.9595 | +0.264% | $218.8M | $659.8M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9560 | +0.225% | $100.2M | $112.1M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.9580 | +0.247% | $54.7M | $266.4M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9670 | +0.348% | $320K | $700K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9600 | +0.270% | $24.5M | $66.0M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9550 | +0.214% | $49.4M | $27.0M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9590 | +0.258% | $13.0M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9550 | +0.214% | $32.8M | $45.9M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.9560 | +0.225% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9578 | +0.245% | $1.1M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8719 | −0.716% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDCshort | +0.0100% | 4h | 8.8443 | −1.025% | $167K | $345K | 20x | |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8591 | −0.860% | $619K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8460 | −1.006% | $89K | $708K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8880 | −0.536% | $15K | $3.5M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9350 | −0.010% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9388 | +0.032% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9358 | −0.001% | $32K | $865K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9500 | +0.158% | $719K | $5.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9420 | +0.068% | $27.0M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9544 | +0.207% | $300K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9304 | −0.061% | $32K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0137% | 1h | 8.9673 | +0.352% | $95.4M | $66.0M | 10x | as long as short |
| dYdX UNI-USD | +0.0184% | 1h | 8.9552 | +0.216% | $236K | $31K | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0184% | 1h | 8.9230 | −0.144% | $941K | $5.7M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8750 | −0.682% | $10.1M | $3.6M | 75x | as long as short |
| Reya UNIRUSDPERP | +0.0377% | 1h | 8.9247 | −0.125% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC]long | L +0.0381% / S −0.0243% | 1h | 8.9359 | long leg | $634K | — | 120x | |
| Deribit UNI_USDC-PERPETUAL | +0.0496% | 1h | 8.9438 | +0.088% | $572K | $203K | 50x | as long as short |
| Aftermath Perps UNIUSD | +0.0644% | 1h | 8.8693 | −0.745% | $1K | $45K | 10x | as long as short |
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
Variational Omni UNI
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
Hyperliquid UNI
dYdX UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Reya UNIRUSDPERP
Deribit UNI_USDC-PERPETUAL
Aftermath Perps UNIUSD