UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0122%/8h= −13.4% APRnext payment −$0.15 per $10,000 · paid last 24h +0.010%

Price spread now: Extended against Deribit−0.110%7-day average −0.124% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$360.363% of the position

Long on Deribit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.158%+$16 on $10k

Price spread, last 3 days (all we have)−0.153%−$15 · spread now −0.110%, 7d avg −0.124%

Together, before fees+0.005%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.124%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.158%, 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	Deribit UNI_USDC-PERPETUAL	9.0139	0.0226	pay 0.0028% / 1h	22m 16s	$580K	$176K	50x
Short	Extended UNI-USD	9.0040	0.0104	get 0.0013% / 1h	22m 16s	$303K	$1.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Deribit. 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 DeribitbpFee ExtendedbpOrdersPrice spread, now −0.110%Rate

Funding earned: −$25.62
Price spread: −0.110% → −0.124%: $1.47
Slippage, 4 orders: −$24.27
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$60.42
Costs to cover: 0.363%
Break-even: never at this rate

Slippage from Deribit: live order book, 57 min ago; Extended: live order book, 1 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 Deribit live order book, 57 min ago	6.97 bp	17.5 bp −$17	24.3 bp −$243	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	0.11 bp	4.6 bp −$5	8.9 bp −$89	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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−2.040%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0093	−0.051%	$62K	—	150x	as long as short
Variational Omni UNI	+0.0051%	8h	8.9935	−0.227%	$4.1M	$4.4M	—	as long as short
OKX UNI-USDT-SWAP	+0.0093%	8h	9.0160	+0.023%	$55.0M	$250.3M	50x	as long as short
Bybit UNIUSDT	+0.0093%	8h	9.0130	−0.010%	$102.2M	$104.9M	75x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0035	−0.115%	$955K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0105	−0.038%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9971	−0.187%	$298K	$593K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0102	−0.041%	$222.9M	$590.4M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0120	−0.021%	$265K	$632K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.0090	−0.054%	$23.0M	$58.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0100	−0.043%	$43.8M	$24.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0080	−0.065%	$13.7M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0150	+0.012%	$32.9M	$42.0M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0170	+0.034%	—	$52.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0257	+0.131%	$1.0M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9779	−0.399%	$169K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0060	−0.088%	$632K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9790	−0.387%	$88K	$711K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9830	−0.343%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0101	−0.042%	$85K	$363K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0090	−0.054%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0141	+0.002%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0087	−0.058%	$21K	$676K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0220	+0.090%	$721K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0110	−0.032%	$27.2M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9962	−0.197%	$26K	—	20x	as long as short
Extended UNI-USDshort	+0.0104%	1h	9.0040	−0.110%	$303K	$1.5M	25x
Aevo UNI-PERP	+0.0104%	1h	9.0097	−0.047%	$32K	$1K	3x	as long as short
01 Exchange UNIUSD	+0.0176%	1h	9.0132	−0.008%	$450	—	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9920	−0.243%	$10.1M	$3.5M	75x	as long as short
Deribit UNI_USDC-PERPETUALlong	+0.0226%	1h	9.0139	long leg	$580K	$176K	50x
dYdX UNI-USD	+0.0230%	1h	8.9958	−0.200%	$249K	$6K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	9.0110	−0.032%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0364%	1h	9.0056	−0.093%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	9.0094	−0.050%	$570K	—	120x	as long as short
Hyperliquid UNI	+0.0505%	1h	9.0197	+0.064%	$98.9M	$59.1M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0561%	1h	9.0152	+0.015%	$5.0M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0815%	1h	9.0018	−0.135%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0880%	1h	9.0266	+0.141%	$4.6M	$5.3M	15x	as long as short