UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.10 per $10,000 · paid last 24h −0.006%

Price spread now: Deribit against Nado−0.082%7-day average +0.094% · 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−$53as in the Price arb table

costs, in and out, $10k−$350.353% of the position

Long on Nado Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.033%+$3 on $10k

Price spread, last 3 days (all we have)+0.257%+$26 · spread now −0.082%, 7d avg +0.094%

Together, before fees+0.290%+ Points / potential airdropNado: Active · farm board+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. Deribit is 0.176% cheaper against Nado than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of +0.094%). If the spread goes back, that is −$18 on $10k: about 7.5 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.033% in total) that is about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado UNI-PERP	9.0470	0.0100	pay 0.0012% / 1h	26m 39s	$944K	$4.3M	10x
Short	Deribit UNI_USDC-PERPETUAL	9.0396	0.0178	get 0.0022% / 1h	26m 39s	$587K	$200K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Nado. 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 NadobpFee DeribitbpOrdersPrice spread, now −0.082%Rate

Funding earned: $16.38
Price spread: −0.082% → +0.094%: −$17.64
Slippage, 4 orders: −$21.28
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$36.55
Costs to cover: 0.353%
Break-even: 22.6 days

Slippage from Nado: live order book, 2 min ago; Deribit: live order book, 42 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 Nado live order book, 2 min ago	0.66 bp	5.3 bp −$5	11.6 bp −$116	doesn't fit	doesn't fit
Sell Deribit live order book, 42 min ago	7.29 bp	13.1 bp −$13	23.7 bp −$237	doesn't fit	doesn't fit

UNI on 39 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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0446	−0.026%	$19K	—	150x	as long as short
dYdX UNI-USD	+0.0020%	1h	9.0397	−0.081%	$238K	$30K	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.399%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0040%	1h	9.0517	+0.052%	$452	—	10x	as long as short
Nado UNI-PERPlong	+0.0100%	1h	9.0470	long leg	$944K	$4.3M	10x
Hyperliquid UNI	+0.0100%	1h	9.0527	+0.063%	$98.4M	$60.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0453	−0.018%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0420	−0.055%	$296K	$574K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0404	−0.073%	$225.7M	$611.2M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0370	−0.111%	$101.1M	$107.5M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0380	−0.099%	$55.8M	$253.0M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0560	+0.099%	$287K	$641K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0380	−0.099%	$23.1M	$58.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0400	−0.077%	$49.7M	$26.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0420	−0.055%	$13.4M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0370	−0.111%	$33.1M	$42.8M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0370	−0.111%	—	$57.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0262	−0.230%	$990K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0181	−0.319%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0414	−0.062%	$170K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0275	−0.216%	$628K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0420	−0.055%	$88K	$699K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0400	−0.077%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0499	+0.032%	$86K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0350	−0.133%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0544	+0.082%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0236	−0.259%	$22K	$710K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0400	−0.077%	$719K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0260	−0.232%	$27.3M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0391	−0.087%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0339	−0.145%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0371	−0.109%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUALshort	+0.0178%	1h	9.0396	−0.082%	$587K	$200K	50x
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.0360	−0.122%	$1.1M	$4.7M	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	9.0425	−0.050%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0434	−0.040%	$644K	—	120x	as long as short
Lighter UNI	+0.0424%	1h	9.0570	+0.111%	$4.7M	$5.3M	15x	as long as short
Kraken Futures PF_UNIUSD	+0.0425%	1h	9.0267	−0.224%	$5.0M	$6.9M	50x	as long as short
Aftermath Perps UNIUSD	+0.0941%	1h	9.0297	−0.191%	$901	$48K	10x	as long as short