UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0196%/8h= −21.5% APRnext payment −$0.24 per $10,000 · paid last 24h −0.030%

Price spread now: Arcus against Coinbase International+0.022%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$450.451% of the position

Long on Coinbase International Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.076%+$8 on $10k

Price spread, last 3 days (all we have)−0.003%$0 · spread now +0.022%, 7d avg +0.053%

Together, before fees+0.073%+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Arcus is 0.031% cheaper against Coinbase International than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.053%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.076%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International UNI-PERP-INTX	9.1280	0.0296	pay 0.0037% / 1h	58m 08s	$1.1M	$4.6M	50x
Short	Arcus UNI-USD	9.1300	0.0100	get 0.0013% / 1h	58m 08s	$289K	$619K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Coinbase International. 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 Coinbase InternationalbpFee ArcusbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$41.16
Price spread: +0.022% → +0.053%: −$3.08
Slippage, 4 orders: −$30.63
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$89.37
Costs to cover: 0.451%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 1 min ago; Arcus: live order book, 6 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 Coinbase International live order book, 1 min ago	4.93 bp	17.3 bp −$17	22.1 bp −$221	doesn't fit	doesn't fit
Sell Arcus live order book, 6 min ago	5.98 bp	8.3 bp −$8	10.5 bp −$105	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	9.1189	−0.100%	$19K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.265%	$660	$154K	12x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1261	−0.021%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1276	−0.005%	$298K	$564K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1224	−0.062%	$228.9M	$607.4M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1130	−0.164%	$102.4M	$107.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1160	−0.131%	$56.4M	$253.4M	50x	as long as short
Arcus UNI-USDshort	+0.0100%	1h	9.1300	+0.022%	$289K	$619K	10x
Gate UNI_USDT	+0.0100%	8h	9.1150	−0.142%	$23.4M	$58.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1170	−0.121%	$49.6M	$24.9M	200x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin UNIUSDTM	+0.0100%	8h	9.1160	−0.131%	$13.7M	$12.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1130	−0.164%	$33.4M	$42.1M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1170	−0.121%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1182	−0.107%	$995K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1879	+0.656%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1882	+0.660%	$173K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1739	+0.502%	$638K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1940	+0.723%	$90K	$698K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1690	+0.449%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1271	−0.010%	$89K	$409K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1230	−0.055%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1288	+0.009%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1210	−0.077%	$22K	$727K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1300	+0.022%	$725K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1200	−0.088%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1269	−0.012%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1146	−0.146%	$304K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1250	−0.033%	$32K	—	3x	as long as short
01 Exchange UNIUSD	+0.0176%	1h	9.1250	−0.033%	$455	$5	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0227%	1h	9.1257	−0.026%	$592K	$188K	50x	as long as short
Nado UNI-PERP	+0.0257%	1h	9.1115	−0.181%	$953K	$4.3M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.1234	−0.050%	$5.1M	$7.0M	50x	as long as short
Coinbase International UNI-PERP-INTXlong	+0.0296%	1h	9.1280	long leg	$1.1M	$4.6M	50x
Lighter UNI	+0.0328%	1h	9.1401	+0.133%	$4.8M	$5.5M	15x	as long as short
dYdX UNI-USD	+0.0361%	1h	9.1248	−0.035%	$240K	$30K	10x	as long as short
Reya UNIRUSDPERP	+0.0369%	1h	9.1130	−0.164%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1169	−0.122%	$649K	—	120x	as long as short
Hyperliquid UNI	+0.0489%	1h	9.1296	+0.018%	$99.3M	$59.2M	10x	as long as short
Aftermath Perps UNIUSD	+0.0922%	1h	9.1550	+0.296%	$1K	$48K	10x	as long as short