UNI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhoenixUNI	9.1345	−0.0035	get 0.0004% / 1h	26m 45s	$3K	$208K	10x	Long Phoenix
SHORT	BulletUNI-USD	9.1357	−0.2447	pay 0.0306% / 1h	26m 45s	$14K	$107K	20x	Short Bullet

Price gap+0.013%

Funding gap−0.2412% /8h

The gap pays +$6 on $10k if it goes back to its 7d average, but funding costs $72 a day and eats that in about 2 hours.

Funding on this pair paid 0.507% over the last 7 days: the rate has only just turned.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$51−0.2412% /8h now · paid +0.507% over the last 7D

Price+$6spread +0.013% now, avg −0.048% → +0.061% if it goes back

Costs−$460.462% of $10k · taker + slippage, in and out

Result+$11+0.11%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.507% in total, about +0.0268%/8h on average.

Price and funding

1h · loading 5m…

Price spread

Prices

Fundingper 8h

P&L

PRICE SPREAD · 7D

Now+0.013%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

UNI on 41 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

Watch: Thin at this size16.7 / 6.4 bp
At $10k entering Phoenix costs 16.7 bp, fee and slippage, 2.6× Bullet’s.
Note: Margin at max leverage$1,000 + $500
Phoenix 10x, Bullet 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$72.37Long Phoenix: 24 payments, +$1.05; short Bullet: 24 payments, −$73.41.
OK: Entry gap works for you+0.013% vs −0.048%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$3K vs $14K OI
Phoenix sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legPhoenix No · Bullet No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0268%/8h × 21 periods+$56.23

Price spread+0.013% → −0.048% (7d avg)+$6.13

Slippage, 4 orderslive order books−$31.25

Fee Phoenix bp × 2 orders−$7.00

Fee Bullet bp × 2 orders−$8.00

Net · 7 days · $10k+$16.12

Costs to cover0.462%Break-even5.0 days

Slippage: Phoenix: live order book, 32 min ago; Bullet: live order book, 56 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhoenix1.5316.7 bp−$1774.2 bp−$742doesn’t fitdoesn’t fit

SELL · SHORTBullet1.726.4 bp−$610.0 bp−$100doesn’t fitdoesn’t fit

Closing costs about the same again.

UNI news

posts that mention UNI, from every exchangeSearch all news →

09-30 01:05	Reya	Listing	UNIRUSDPERP no longer reported ($UNI) seen by our collector
09-28 15:17	OKX	Other	New X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗
09-24 14:32	Bullet	Listing	By popular demand, $UNI perps are now live on Bullet. 24/7. Up to 10x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗
09-24 08:00	HTX	Listing	🐂Bitcoin Is Pumping, UNI Is Soaring! I Smell a Bull Run! HTX Margin Autumn Craze is now live: 10 popular cryptos, including UNI & BTC, are counted 3x toward your trading volume. Win an iPhone Duo and more. Save up to 50% on your trading fees! Autumn rally won't wait, & neither will the rewards. Join now 👉 @HTX_Global on X ↗
09-24 06:34	Bullet	Listing	new market UNI-USD ($UNI) seen by our collector
09-23 20:32	BingX	Other	$UNI just ripped nearly 50% in a week 👀 Burns, regulatory tailwinds, RWA momentum & Robinhood Chain are adding fuel. Think there’s more in the tank? Trade $UNI 👇 @BingXOfficial on X ↗

UNI