UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.2602%/8h= −284.9% APRnext payment −$3.25 per $10,000 · paid last 24h −0.141%

Price spread now: Arcus against Injective+0.466%7-day average — · you sell dearer than you buy

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

Long on Injective Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Arcus is 0.466% dearer against Injective than usual: you sell high and buy low (spread +0.466% now, against zero (this spread has no 7-day history yet)): +$47 on $10k if it goes back. Holding the pair costs −$78 a day in funding at the current rate, which eats that in about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective UNI/USDC PERP	8.7900	0.2702	pay 0.0338% / 1h	53m 43s	$657	$97K	12x
Short	Arcus UNI-USD	8.8310	0.0100	get 0.0013% / 1h	53m 43s	$272K	$605K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Injective. 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 InjectivebpFee ArcusbpOrdersPrice spread, now +0.466%Rate

Funding earned: −$546.35
Price spread: +0.466% → 0.000%: $46.64
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$504.23
Costs to cover: 0.045%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Arcus: live order book, 35 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 Injective no order-book sample	—	—	—	—	—
Sell Arcus live order book, 35 min ago	5.65 bp	9.3 bp −$9	11.8 bp −$118	doesn't fit	doesn't fit

Injective: 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	−0.0201%	8h	8.8015	+0.130%	$3.9M	$4.9M	—	as long as short
Bybit UNIUSDT	−0.0192%	8h	8.8150	+0.284%	$102.7M	$103.9M	75x	as long as short
01 Exchange UNIUSD	−0.0064%	1h	8.8233	+0.379%	$440	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8279	+0.431%	$551K	$125K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8242	+0.389%	$79K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0011%	8h	8.8160	+0.296%	$54.4M	$244.8M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8165	+0.302%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8080	+0.205%	$851K	$3.9M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8348	+0.510%	$1.0M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8242	+0.389%	$297K	$559K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.8163	+0.299%	$215.9M	$594.0M	75x	as long as short
Arcus UNI-USDshort	+0.0100%	1h	8.8310	+0.466%	$272K	$605K	10x
Gate UNI_USDT	+0.0100%	8h	8.8290	+0.444%	$22.9M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8290	+0.444%	$42.7M	$24.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8290	+0.444%	$13.8M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8140	+0.273%	$31.9M	$41.0M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.8180	+0.319%	—	$49.9M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8292	+0.446%	$978K	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8018	+0.135%	$165K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8080	+0.205%	$616K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8040	+0.159%	$83K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8390	+0.557%	$105K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8156	+0.291%	$87K	$339K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8200	+0.341%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8177	+0.315%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8221	+0.365%	$28K	$659K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8246	+0.394%	$721K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8230	+0.375%	$26.6M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8266	+0.417%	$307K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8257	+0.406%	$31K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8250	+0.398%	$1.0M	$5.3M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8380	+0.546%	$9.8M	$3.3M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	8.8268	+0.418%	$4.9M	$7.1M	50x	as long as short
dYdX UNI-USD	+0.0308%	1h	8.8218	+0.362%	$244K	$5K	10x	as long as short
Reya UNIRUSDPERP	+0.0359%	1h	8.8099	+0.226%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	8.8234	+0.381%	$553K	—	120x	as long as short
Lighter UNI	+0.0464%	1h	8.8330	+0.489%	$4.5M	$5.3M	15x	as long as short
Hyperliquid UNI	+0.0481%	1h	8.8300	+0.455%	$95.9M	$59.6M	10x	as long as short
Aftermath Perps UNIUSD	+0.0508%	1h	8.8193	+0.333%	$1K	$50K	10x	as long as short
Injective UNI/USDC PERPlong	+0.2702%	1h	8.7900	long leg	$657	$97K	12x