Funding you earn now, next payment 22:00 UTC−0.0241%/8h= −26.4% APRnext payment −$0.30 per $10,000 · paid last 24h −0.036%
Price spread now: SoDEX against Hyperliquid−0.158%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$360.357% of the position
Funding, last 3 days (all we have)−0.105%−$10 on $10k
+Price spread, last 3 days (all we have)+0.262%+$26 · spread now −0.158%, 7d avg −0.107%
=Together, before fees+0.157%+ Points / potential airdropHyperliquid: Season 2 · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SoDEX is 0.051% cheaper against Hyperliquid than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.107%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid UNI | 8.8380 | 0.0341 | pay 0.0043% / 1h | 38m 43s | $96.1M | $59.8M | 10x |
| Short | SoDEX UNI-USD | 8.8240 | 0.0100 | get 0.0013% / 1h | 38m 43s | $25K | $661K | 10x |
Hyperliquid UNI
SoDEX UNI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Hyperliquid. 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
- −$50.6
- Price spread: −0.158% → −0.107%
- −$5.11
- Slippage, 4 orders
- −$18.72
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$91.43
- Costs to cover
- 0.357%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; SoDEX: live order book, 50 min ago.
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, 5 min ago | 0.28 bp | 8.9 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 50 min ago | 0.57 bp | 9.7 bp −$10 | 27.6 bp −$276 | doesn't fit | doesn't fit |
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 | −0.0193% | 8h | 8.8610 | +0.261% | $3.9M | $4.6M | — | as long as short |
| Bybit UNIUSDT | −0.0170% | 8h | 8.8210 | −0.192% | $101.9M | $104.4M | 75x | as long as short |
| 01 Exchange UNIUSD | −0.0016% | 1h | 8.8268 | −0.127% | $440 | — | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.8357 | −0.026% | $552K | $125K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.8341 | −0.044% | $79K | — | 150x | as long as short |
| OKX UNI-USDT-SWAP | +0.0010% | 8h | 8.8250 | −0.147% | $54.3M | $244.9M | 50x | as long as short |
| dYdX UNI-USD | +0.0096% | 1h | 8.8292 | −0.100% | $244K | $5K | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8248 | −0.150% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8225 | −0.175% | $855K | $3.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8285 | −0.107% | $1.0M | $3.4M | 50x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
OKX UNI-USDT-SWAP
dYdX UNI-USD
Paradex UNI-USD-PERP
Nado UNI-PERP
Aster UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.8280 | −0.113% | $295K | $561K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8272 | −0.122% | $216.1M | $593.7M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8350 | −0.034% | $272K | $611K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8290 | −0.102% | $22.9M | $59.0M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8230 | −0.170% | $42.7M | $24.5M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8250 | −0.147% | $13.8M | $13.6M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8250 | −0.147% | $31.9M | $41.0M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8280 | −0.113% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8287 | −0.105% | $979K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8598 | +0.246% | $167K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8604 | +0.253% | $625K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8660 | +0.317% | $84K | $711K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8640 | +0.294% | $105K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8354 | −0.029% | $87K | $325K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8340 | −0.045% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8405 | +0.028% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USDshort | +0.0100% | 1h | 8.8240 | −0.158% | $25K | $661K | 10x | |
| HTX UNI-USDT | +0.0100% | 8h | 8.8420 | +0.045% | $722K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8300 | −0.091% | $26.6M | $4.3M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8206 | −0.197% | $299K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8345 | −0.040% | $31K | $1K | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8340 | −0.045% | $1.0M | $5.3M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8230 | −0.170% | $9.7M | $3.3M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0269% | 1h | 8.8328 | −0.059% | $4.9M | $7.1M | 50x | as long as short |
| Hyperliquid UNIlong | +0.0341% | 1h | 8.8380 | long leg | $96.1M | $59.8M | 10x | |
| Reya UNIRUSDPERP | +0.0359% | 1h | 8.8318 | −0.071% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0379% / S −0.0320% | 1h | 8.8328 | −0.059% | $554K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0468% | 1h | 8.8478 | +0.111% | $1K | $50K | 10x | as long as short |
| Lighter UNI | +0.0512% | 1h | 8.8428 | +0.054% | $4.5M | $5.4M | 15x | as long as short |
| Injective UNI/USDC PERP | +0.2702% | 1h | 8.7900 | −0.543% | $657 | $97K | 12x | as long as short |
Pacifica UNI
Binance UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD
Lighter UNI
Injective UNI/USDC PERP