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 Pacifica−0.006%7-day average +0.017% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.083%+$8 on $10k
+Price spread, last 3 days (all we have)+0.050%+$5 · spread now −0.006%, 7d avg +0.017%
=Together, before fees+0.133%+ Points / potential airdropPacifica: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.022% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.006% now, against its 7-day average of +0.017%). If the spread goes back, that is −$2 on $10k: about 8 hours of funding at the current rate (+$7 a day). At the pace of the last 3 days (+0.083% in total) that is about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica UNI | 9.1912 | 0.0100 | pay 0.0013% / 1h | 18m 55s | $306K | $589K | 10x |
| Short | GMX UNI/USD [UNI-USDC] | 9.1906 | L +0.0381% / S −0.0323% | get 0.0040% / 1h | 18m 55s | $581K | — | 120x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Pacifica. 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
- $46.73
- Price spread: −0.006% → +0.017%
- −$2.23
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $24.5
- Costs to cover
- 0.200%
- Break-even
- 3.3 days
Slippage unknown: Pacifica: live order book, 55 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 Pacifica live order book, 55 min ago | 1.67 bp | 7.8 bp −$8 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 9.1801 | −0.120% | $593K | $185K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 9.1860 | −0.056% | $39K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −3.929% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0072% | 1h | 9.1969 | +0.063% | $459 | — | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.2040 | +0.140% | $996K | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.1635 | −0.301% | $1.1M | $2.9M | 50x | as long as short |
| Pacifica UNIlong | +0.0100% | 1h | 9.1912 | long leg | $306K | $589K | 10x | |
| Binance UNIUSDT | +0.0100% | 8h | 9.1600 | −0.339% | $232.7M | $603.8M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.1610 | −0.328% | $103.1M | $108.0M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.1600 | −0.339% | $56.5M | $257.1M | 50x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus UNI-USD | +0.0100% | 1h | 9.2020 | +0.118% | $284K | $626K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 9.1590 | −0.350% | $23.4M | $60.2M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.1570 | −0.372% | $45.8M | $24.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.1600 | −0.339% | $13.6M | $13.6M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.1570 | −0.372% | $33.8M | $43.2M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 9.1580 | −0.361% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.1631 | −0.305% | $1.0M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.2000 | +0.096% | $4.2M | $4.4M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.2156 | +0.266% | $174K | $345K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.2149 | +0.259% | $643K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.2110 | +0.216% | $90K | $707K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.1990 | +0.085% | $57K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.2097 | +0.202% | $85K | $384K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1820 | −0.100% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.1755 | −0.170% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.1649 | −0.286% | $22K | $711K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.1840 | −0.078% | $725K | $4.4M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.1650 | −0.285% | $27.6M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.1822 | −0.097% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.1505 | −0.442% | $309K | $1.6M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1806 | −0.115% | $33K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0133% | 1h | 9.1872 | −0.043% | $242K | $20K | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 9.1690 | −0.241% | $10.4M | $3.6M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0272% | 1h | 9.1730 | −0.198% | $1.1M | $4.9M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0366% | 1h | 9.1885 | −0.028% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC]short | L +0.0381% / S −0.0323% | 1h | 9.1906 | −0.006% | $581K | — | 120x | |
| Kraken Futures PF_UNIUSD | +0.0383% | 1h | 9.1682 | −0.250% | $5.1M | $7.1M | 50x | as long as short |
| Hyperliquid UNI | +0.0550% | 1h | 9.1688 | −0.243% | $101.0M | $59.8M | 10x | as long as short |
| Lighter UNI | +0.0960% | 1h | 9.1809 | −0.112% | $4.7M | $5.3M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.1005% | 1h | 9.2331 | +0.456% | $979 | $49K | 10x | as long as short |
Pacifica UNI
GMX UNI/USD [UNI-USDC]
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Aster UNIUSDT
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
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
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Kraken Futures PF_UNIUSD
Hyperliquid UNI
Lighter UNI
Aftermath Perps UNIUSD