UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0057%/8h= −6.3% APRnext payment −$0.07 per $10,000 · paid last 24h −0.056%

Price spread now: StandX against Hyperliquid+0.066%7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$530.530% of the position

Long on Hyperliquid Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.175%−$18 on $10k

Price spread, last 7 days−0.051%−$5 · spread now +0.066%, 7d avg −0.016%

Together, before fees−0.226%+ Points / potential airdropHyperliquid: Season 2 · StandX: Active · farm board−$23 on $10k · with fees, hour by hour

The price spread pays, funding is against you. StandX is 0.083% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of −0.016%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid UNI	8.8731	0.0157	pay 0.0020% / 1h	4m 07s	$94.4M	$67.6M	10x
Short	StandX UNI-USD	8.8790	0.0100	get 0.0013% / 1h	4m 07s	$15K	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now +0.066%Rate

Funding earned: −$12.03
Price spread: +0.066% → −0.016%: $8.27
Slippage, 4 orders: −$36.03
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee StandX: 4 bp × 2 orders: −$8
Net: −$56.79
Costs to cover: 0.530%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 10 min ago; StandX: live order book, 5 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, 10 min ago	0.79 bp	7.4 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell StandX live order book, 5 min ago	5.64 bp	27.0 bp −$27	54.8 bp −$548	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
Polymarket Perps UNI-USD	−0.0081%	1h	8.8594	−0.154%	$106K	$619K	10x	as long as short
01 Exchange UNIUSD	−0.0024%	1h	8.8569	−0.183%	$442	$5	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.8654	−0.087%	$4.7M	$8.6M	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.8634	−0.109%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.486%	$660	$153K	12x	as long as short
Nado UNI-PERP	+0.0037%	1h	8.8637	−0.105%	$736K	$4.7M	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0058%	1h	8.8661	−0.079%	$584K	$250K	50x	as long as short
Lighter UNI	+0.0096%	1h	8.8733	+0.002%	$4.5M	$5.7M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8559	−0.194%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8658	−0.082%	$726K	$3.6M	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	8.8630	−0.114%	$284K	$590K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8610	−0.136%	$214.1M	$657.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8590	−0.159%	$98.1M	$111.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8610	−0.136%	$53.9M	$263.9M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8660	−0.080%	$316K	$695K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8610	−0.136%	$25.1M	$66.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8610	−0.136%	$48.4M	$26.7M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8630	−0.114%	$13.0M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8580	−0.170%	$32.4M	$45.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8590	−0.159%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8655	−0.086%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8829	+0.111%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8683	−0.054%	$168K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8665	−0.074%	$620K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8740	+0.010%	$89K	$709K	50x	as long as short
StandX UNI-USDshort	+0.0100%	1h	8.8790	+0.066%	$15K	$3.4M	20x
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8590	−0.159%	$16K	$2.0M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8624	−0.121%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8600	−0.148%	$32K	$887K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8687	−0.050%	$694K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8620	−0.125%	$26.7M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8557	−0.196%	$291K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8608	−0.139%	$31K	—	3x	as long as short
Hyperliquid UNIlong	+0.0157%	1h	8.8731	long leg	$94.4M	$67.6M	10x
Coinbase International UNI-PERP-INTX	+0.0192%	1h	8.8670	−0.069%	$924K	$5.4M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8760	+0.033%	$10.0M	$3.6M	75x	as long as short
dYdX UNI-USD	+0.0371%	1h	8.8632	−0.111%	$233K	$30K	10x	as long as short
Reya UNIRUSDPERP	+0.0379%	1h	8.8587	−0.162%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.8632	−0.112%	$630K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0515%	1h	8.8815	+0.095%	$988	$53K	10x	as long as short