UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0279%/8h= −30.6% APRnext payment −$0.35 per $10,000 · paid last 24h −0.031%

Price spread now: SoDEX against GMX−0.049%55s7-day average −0.038% · you buy dearer than you sell

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

Long on GMX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.194%−$19 on $10k

Price spread, last 3 days (all we have)+0.280%+$28 · spread now −0.049%, 7d avg −0.038%

Together, before fees+0.085%+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. The two prices were read 55 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]	8.9031	L +0.0379% / S −0.0320%	pay 0.0047% / 1h	20m 23s	$559K	—	120x
Short	SoDEX UNI-USD	8.8987	0.0100	get 0.0013% / 1h	20m 23s	$25K	$666K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.049%Rate

Funding earned: −$58.68
Price spread: −0.049% → −0.038%: −$1.13
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$79.81
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; SoDEX: 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 GMX no order-book sample	—	—	—	—	—
Sell SoDEX live order book, 3 min ago	0.56 bp	10.0 bp −$10	28.1 bp −$281	139.3 bp −$13.9K	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
Variational Omni UNI	−0.0161%	8h	8.9562	+0.596%	$4.0M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0109%	8h	8.8980	−0.057%	$101.5M	$106.0M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9035	+0.004%	$563K	$138K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.9040	+0.010%	$80K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0022%	8h	8.8990	−0.046%	$54.8M	$248.1M	50x	as long as short
01 Exchange UNIUSD	+0.0024%	1h	8.9063	+0.036%	$444	—	10x	as long as short
dYdX UNI-USD	+0.0089%	1h	8.9001	−0.033%	$246K	$5K	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8983	−0.054%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8980	−0.057%	$860K	$4.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9050	+0.021%	$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	8.9020	−0.012%	$301K	$564K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9001	−0.034%	$217.5M	$595.3M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9090	+0.066%	$275K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9000	−0.035%	$23.1M	$59.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9000	−0.035%	$43.1M	$24.7M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9000	−0.035%	$13.4M	$13.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8970	−0.068%	$32.3M	$41.5M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9010	−0.023%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9034	+0.004%	$987K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9114	+0.093%	$168K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9080	+0.055%	$619K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9120	+0.100%	$84K	$712K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9150	+0.134%	$106K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9015	−0.018%	$94K	$332K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8970	−0.068%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9130	+0.111%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USDshort	+0.0100%	1h	8.8987	−0.049%	$25K	$666K	10x
HTX UNI-USDT	+0.0100%	8h	8.9140	+0.123%	$727K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9030	−0.001%	$26.8M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8979	−0.058%	$308K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9005	−0.029%	$32K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.9170	+0.156%	$1.0M	$5.4M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8950	−0.091%	$9.8M	$3.4M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0267%	1h	8.9029	−0.003%	$5.0M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0293%	1h	8.9137	+0.119%	$97.0M	$59.8M	10x	as long as short
Reya UNIRUSDPERP	+0.0360%	1h	8.8982	−0.055%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]long	L +0.0379% / S −0.0320%	1h	8.9031	long leg	$559K	—	120x
Aftermath Perps UNIUSD	+0.0531%	1h	8.9127	+0.108%	$1K	$50K	10x	as long as short
Lighter UNI	+0.0560%	1h	8.9176	+0.163%	$4.6M	$5.4M	15x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−1.270%	$657	$97K	12x	as long as short