UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.03 per $10,000 · paid last 24h +0.029%

Price spread now: GMX against Hyperliquid+0.064%56s7-day average −0.067% · you sell dearer than you buy

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

Long on Hyperliquid Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.030%−$3 on $10k

Price spread, last 3 days (all we have)−0.190%−$19 · spread now +0.064%, 7d avg −0.067%

Together, before fees−0.220%+ Points / potential airdropHyperliquid: Season 2 · farm board−$22 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GMX is 0.131% dearer against Hyperliquid than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.067%. The two prices were read 56 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	Hyperliquid UNI	8.8999	0.0297	pay 0.0037% / 1h	16m 33s	$96.9M	$59.8M	10x
Short	GMX UNI/USD [UNI-USDC]	8.9056	L +0.0379% / S −0.0320%	get 0.0040% / 1h	16m 33s	$558K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Hyperliquid. 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 HyperliquidbpFee GMXbpOrdersPrice spread, now +0.064%Rate

Funding earned: $4.8
Price spread: +0.064% → −0.067%: $13.09
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: −$3.11
Costs to cover: 0.210%
Break-even: 11.5 days

Slippage unknown: Hyperliquid: live order book, 7 min ago; GMX: no order-book sample. 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 Hyperliquid live order book, 7 min ago	0.56 bp	7.3 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	−0.0146%	8h	8.9020	+0.024%	$4.0M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0098%	8h	8.8860	−0.156%	$101.2M	$106.1M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9099	+0.113%	$563K	$138K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.9050	+0.058%	$80K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0024%	8h	8.8850	−0.167%	$54.7M	$247.8M	50x	as long as short
01 Exchange UNIUSD	+0.0024%	1h	8.8938	−0.069%	$444	—	10x	as long as short
dYdX UNI-USD	+0.0092%	1h	8.8975	−0.027%	$246K	$5K	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8861	−0.155%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8920	−0.089%	$850K	$4.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8976	−0.026%	$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	8.8930	−0.078%	$301K	$563K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8870	−0.145%	$217.2M	$595.7M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8960	−0.044%	$274K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8900	−0.111%	$23.1M	$59.4M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8910	−0.100%	$43.2M	$24.7M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8910	−0.100%	$13.4M	$13.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8850	−0.167%	$32.2M	$41.5M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8900	−0.111%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9082	+0.093%	$988K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9121	+0.137%	$168K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9060	+0.069%	$618K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9090	+0.102%	$84K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9110	+0.125%	$106K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8881	−0.133%	$94K	$334K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9020	+0.024%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9098	+0.111%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9038	+0.044%	$25K	$666K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9137	+0.155%	$724K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9030	+0.035%	$26.8M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8857	−0.160%	$308K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9059	+0.067%	$32K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.9090	+0.102%	$1.0M	$5.4M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9070	+0.080%	$9.8M	$3.4M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0267%	1h	8.9092	+0.104%	$5.0M	$7.1M	50x	as long as short
Hyperliquid UNIlong	+0.0297%	1h	8.8999	long leg	$96.9M	$59.8M	10x
Reya UNIRUSDPERP	+0.0360%	1h	8.8853	−0.165%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]short	L +0.0379% / S −0.0320%	1h	8.9056	+0.064%	$558K	—	120x
Aftermath Perps UNIUSD	+0.0537%	1h	8.9123	+0.140%	$1K	$50K	10x	as long as short
Lighter UNI	+0.0568%	1h	8.9084	+0.096%	$4.5M	$5.4M	15x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−1.235%	$657	$97K	12x	as long as short