UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.15 per $10,000 · paid last 24h −0.018%

Price spread now: SoDEX against Coinbase International−0.078%7-day average −0.027% · 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−$47as in the Price arb table

costs, in and out, $10k−$420.416% of the position

Long on Coinbase International Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.080%+$8 on $10k

Price spread, last 3 days (all we have)+0.139%+$14 · spread now −0.078%, 7d avg −0.027%

Together, before fees+0.219%+$22 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 SoDEX is 0.051% 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 −0.027%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.080%, 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	8.8020	0.0224	pay 0.0028% / 1h	45m 20s	$1.0M	$5.3M	50x
Short	SoDEX UNI-USD	8.7951	0.0100	get 0.0013% / 1h	45m 20s	$25K	$668K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.078%Rate

Funding earned: −$26.04
Price spread: −0.078% → −0.027%: −$5.1
Slippage, 4 orders: −$23.64
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$72.78
Costs to cover: 0.416%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 4 min ago; SoDEX: live order book, 38 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	2.28 bp	11.7 bp −$12	17.8 bp −$178	doesn't fit	doesn't fit
Sell SoDEX live order book, 38 min ago	0.56 bp	10.0 bp −$10	28.1 bp −$281	139.3 bp −$13.9K	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	−0.0078%	8h	8.7827	−0.220%	$3.9M	$4.7M	—	as long as short
Bybit UNIUSDT	−0.0034%	8h	8.8050	+0.034%	$100.6M	$105.0M	75x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8072	+0.059%	$79K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0033%	8h	8.8020	0.000%	$54.5M	$243.2M	50x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.7900	−0.136%	$657	$96K	12x	as long as short
01 Exchange UNIUSD	+0.0040%	1h	8.8050	+0.034%	$439	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0055%	1h	8.8113	+0.106%	$561K	$157K	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8019	−0.001%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8012	−0.009%	$856K	$4.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8048	+0.031%	$1.0M	$3.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.8037	+0.019%	$296K	$579K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8047	+0.030%	$216.3M	$590.4M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8080	+0.068%	$271K	$606K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8030	+0.011%	$22.9M	$58.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8000	−0.023%	$42.4M	$24.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8030	+0.011%	$13.5M	$13.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8050	+0.034%	$32.1M	$41.3M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.8030	+0.011%	—	$52.1M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8032	+0.014%	$974K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.7803	−0.247%	$165K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.7853	−0.190%	$612K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.7890	−0.148%	$87K	$715K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.7910	−0.125%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8036	+0.018%	$87K	$350K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8050	+0.034%	$15K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8096	+0.086%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USDshort	+0.0100%	1h	8.7951	−0.078%	$25K	$668K	10x
HTX UNI-USDT	+0.0100%	8h	8.8060	+0.045%	$723K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.7920	−0.114%	$26.5M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.7946	−0.084%	$299K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8060	+0.045%	$31K	$1K	3x	as long as short
dYdX UNI-USD	+0.0179%	1h	8.8021	+0.001%	$244K	$6K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.7800	−0.250%	$9.8M	$3.3M	75x	as long as short
Coinbase International UNI-PERP-INTXlong	+0.0224%	1h	8.8020	long leg	$1.0M	$5.3M	50x
Hyperliquid UNI	+0.0325%	1h	8.8153	+0.151%	$96.4M	$59.6M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0344%	1h	8.8001	−0.021%	$4.9M	$7.3M	50x	as long as short
Reya UNIRUSDPERP	+0.0361%	1h	8.8007	−0.015%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0319%	1h	8.8062	+0.047%	$551K	—	120x	as long as short
Lighter UNI	+0.0520%	1h	8.8188	+0.191%	$4.5M	$5.2M	15x	as long as short
Aftermath Perps UNIUSD	+0.0623%	1h	8.7942	−0.088%	$1K	$49K	10x	as long as short