Funding you earn now, next payment 01:00 UTC+0.0223%/8h= +24.4% APRnext payment +$0.28 per $10,000 · paid last 24h +0.077%
Price spread now: GMX against Nado+0.032%7-day average +0.075% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.087%+$9 on $10k
+Price spread, last 3 days (all we have)+0.071%+$7 · spread now +0.032%, 7d avg +0.075%
=Together, before fees+0.158%+ Points / potential airdropNado: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.043% cheaper against Nado than usual: you would sell low and buy high (spread +0.032% now, against its 7-day average of +0.075%). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$7 a day). At the pace of the last 3 days (+0.087% in total) that is about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado UNI-PERP | 9.1475 | 0.0100 | pay 0.0012% / 1h | 10m 48s | $983K | $4.3M | 10x |
| Short | GMX UNI/USD [UNI-USDC] | 9.1504 | L +0.0381% / S −0.0323% | get 0.0040% / 1h | 10m 48s | $579K | — | 120x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Nado. 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
- $46.78
- Price spread: +0.032% → +0.075%
- −$4.33
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $23.46
- Costs to cover
- 0.190%
- Break-even
- 3.5 days
Slippage unknown: Nado: live order book, 3 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 Nado live order book, 3 min ago | 0.05 bp | 5.3 bp −$5 | 14.1 bp −$141 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 9.1521 | +0.050% | $38K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −3.471% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0088% | 1h | 9.1490 | +0.016% | $457 | — | 10x | as long as short |
| Nado UNI-PERPlong | +0.0100% | 1h | 9.1475 | long leg | $983K | $4.3M | 10x | |
| Aster UNIUSDT | +0.0100% | 8h | 9.1523 | +0.052% | $1.1M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.1481 | +0.006% | $305K | $589K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.1712 | +0.259% | $232.7M | $602.2M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.1710 | +0.257% | $103.4M | $107.8M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.1700 | +0.246% | $56.6M | $256.5M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 9.1570 | +0.104% | $283K | $622K | 10x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate UNI_USDT | +0.0100% | 8h | 9.1670 | +0.213% | $23.4M | $60.5M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.1650 | +0.191% | $46.6M | $24.6M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.1650 | +0.191% | $13.6M | $13.6M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.1690 | +0.235% | $33.8M | $43.1M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 9.1720 | +0.268% | — | $57.1M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.1488 | +0.014% | $1.0M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.1470 | −0.006% | $4.2M | $4.4M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.1624 | +0.162% | $173K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.1708 | +0.254% | $639K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.1590 | +0.126% | $89K | $706K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.1640 | +0.180% | $56K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.1533 | +0.063% | $85K | $387K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1490 | +0.016% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.1487 | +0.013% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.1490 | +0.016% | $22K | $711K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.1574 | +0.108% | $729K | $4.4M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.1520 | +0.049% | $27.6M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.1470 | −0.005% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.1602 | +0.139% | $308K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1486 | +0.012% | $32K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0187% | 1h | 9.1485 | +0.011% | $245K | $24K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0206% | 1h | 9.1545 | +0.076% | $592K | $185K | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 9.1460 | −0.016% | $10.6M | $3.6M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0272% | 1h | 9.1630 | +0.169% | $1.1M | $4.9M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0367% | 1h | 9.1500 | +0.028% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC]short | L +0.0381% / S −0.0323% | 1h | 9.1504 | +0.032% | $579K | — | 120x | |
| Kraken Futures PF_UNIUSD | +0.0384% | 1h | 9.1535 | +0.066% | $5.1M | $7.1M | 50x | as long as short |
| Hyperliquid UNI | +0.0544% | 1h | 9.1863 | +0.424% | $101.3M | $60.0M | 10x | as long as short |
| Lighter UNI | +0.0944% | 1h | 9.1684 | +0.228% | $4.7M | $5.3M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.1040% | 1h | 9.1772 | +0.325% | $1K | $49K | 10x | as long as short |
GMX UNI/USD [UNI-USDC]
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Paradex UNI-USD-PERP
Extended UNI-USD
Deribit UNI_USDC-PERPETUAL
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Kraken Futures PF_UNIUSD
Hyperliquid UNI
Lighter UNI
Aftermath Perps UNIUSD