UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.16 per $10,000 · paid last 24h −0.018%

Price spread now: Nado against Coinbase International−0.114%7-day average −0.062% · 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−$43as in the Price arb table

costs, in and out, $10k−$380.377% of the position

Long on Coinbase International Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.077%+$8 on $10k

Price spread, last 3 days (all we have)−0.009%−$1 · spread now −0.114%, 7d avg −0.062%

Together, before fees+0.068%+ Points / potential airdropNado: Active · farm board+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Nado is 0.052% cheaper against Coinbase International than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.062%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.077%, 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	8.9670	0.0224	pay 0.0028% / 1h	5m 08s	$1.1M	$5.4M	50x
Short	Nado UNI-PERP	8.9567	0.0100	get 0.0012% / 1h	5m 08s	$947K	$4.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.114%Rate

Funding earned: −$26.04
Price spread: −0.114% → −0.062%: −$5.21
Slippage, 4 orders: −$20.68
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$68.92
Costs to cover: 0.377%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 4 min ago; Nado: live order book, 4 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, 4 min ago	4.48 bp	13.8 bp −$14	17.9 bp −$179	doesn't fit	doesn't fit
Sell Nado live order book, 4 min ago	0.11 bp	4.3 bp −$4	13.6 bp −$136	doesn't fit	doesn't fit

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
Variational Omni UNI	−0.0030%	8h	8.9413	−0.287%	$4.0M	$4.6M	—	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9634	−0.040%	$62K	—	150x	as long as short
Bybit UNIUSDT	+0.0019%	8h	8.9600	−0.078%	$102.3M	$104.8M	75x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.528%	$660	$155K	12x	as long as short
OKX UNI-USDT-SWAP	+0.0059%	8h	8.9610	−0.067%	$55.4M	$247.7M	50x	as long as short
01 Exchange UNIUSD	+0.0080%	1h	8.9688	+0.020%	$448	—	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9611	−0.066%	$26K	—	20x	as long as short
Nado UNI-PERPshort	+0.0100%	1h	8.9567	−0.114%	$947K	$4.1M	10x
Aster UNIUSDT	+0.0100%	8h	8.9684	+0.016%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9605	−0.072%	$298K	$584K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.9570	−0.112%	$220.5M	$591.1M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9720	+0.056%	$277K	$621K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9570	−0.112%	$23.1M	$59.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9570	−0.112%	$43.3M	$24.6M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9570	−0.112%	$13.6M	$13.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9530	−0.156%	$32.4M	$41.3M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9530	−0.156%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9633	−0.041%	$995K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9307	−0.405%	$168K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9280	−0.435%	$628K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9370	−0.335%	$88K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9380	−0.323%	$107K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9654	−0.018%	$87K	$356K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9640	−0.033%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9692	+0.025%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9590	−0.089%	$25K	$663K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0100%	1h	8.9678	+0.009%	$570K	$157K	50x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9714	+0.049%	$734K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9610	−0.067%	$27.0M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9603	−0.075%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9742	+0.080%	$32K	$1K	3x	as long as short
dYdX UNI-USD	+0.0119%	1h	8.9557	−0.127%	$248K	$6K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9620	−0.056%	$9.9M	$3.4M	75x	as long as short
Coinbase International UNI-PERP-INTXlong	+0.0224%	1h	8.9670	long leg	$1.1M	$5.4M	50x
Kraken Futures PF_UNIUSD	+0.0338%	1h	8.9660	−0.011%	$5.0M	$7.0M	50x	as long as short
Reya UNIRUSDPERP	+0.0363%	1h	8.9605	−0.073%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	8.9633	−0.041%	$563K	—	120x	as long as short
Hyperliquid UNI	+0.0451%	1h	8.9698	+0.031%	$98.8M	$59.3M	10x	as long as short
Lighter UNI	+0.0656%	1h	8.9782	+0.125%	$4.6M	$5.2M	15x	as long as short
Aftermath Perps UNIUSD	+0.0663%	1h	8.9393	−0.309%	$1K	$49K	10x	as long as short