UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0175%/8h= −19.1% APRnext payment −$0.22 per $10,000 · paid last 24h −0.030%

Price spread now: Nado against dYdX+0.078%7-day average −0.006% · 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−$232as in the Price arb table

costs, in and out, $10k−$2412.406% of the position

Long on dYdX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.272%−$27 on $10k

Price spread, last 4 days (all we have)+0.328%+$33 · spread now +0.078%, 7d avg −0.006%

Together, before fees+0.056%+ Points / potential airdropNado: Active · farm board+$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.084% dearer against dYdX than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of −0.006%): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 38 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX UNI-USD	9.0105	0.0150	pay 0.0019% / 1h	6m 52s	$237K	$31K	10x
Short	Nado UNI-PERP	9.0175	−0.0025	pay 0.0003% / 1h	6m 52s	$791K	$4.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against dYdX. 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 dYdXbpFee NadobpOrdersPrice spread, now +0.078%Rate

Funding earned: −$36.67
Price spread: +0.078% → −0.006%: $8.36
Slippage, 4 orders: −$223.58
Fee dYdX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$268.89
Costs to cover: 2.406%
Break-even: never at this rate

Slippage from dYdX: live order book, 42 min ago; Nado: live order book, 2 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 dYdX live order book, 42 min ago	109.64 bp	114.6 bp −$115	114.6 bp −$1,146	251.1 bp −$25.1K	602.9 bp −$301.5K
Sell Nado live order book, 2 min ago	0.44 bp	5.5 bp −$6	13.1 bp −$131	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
Nado UNI-PERPshort	−0.0025%	1h	9.0175	+0.078%	$791K	$4.7M	10x
Kraken Futures PF_UNIUSD	−0.0017%	1h	9.0328	+0.248%	$4.8M	$8.6M	50x	as long as short
01 Exchange UNIUSD	0.0000%	1h	9.0211	+0.118%	$450	$5	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	9.0306	+0.224%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.003%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0088%	1h	9.0215	+0.122%	$102K	$554K	10x	as long as short
Lighter UNI	+0.0096%	1h	9.0423	+0.353%	$4.5M	$5.6M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0115	+0.012%	$26K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0144	+0.044%	$746K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0137	+0.036%	$290K	$592K	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	9.0100	−0.005%	$218.8M	$658.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0070	−0.038%	$100.4M	$112.1M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0100	−0.005%	$54.7M	$267.9M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0260	+0.172%	$322K	$705K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0070	−0.038%	$24.8M	$66.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0090	−0.016%	$49.7M	$27.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0090	−0.016%	$13.1M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0100	−0.005%	$33.3M	$45.6M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0070	−0.038%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0278	+0.192%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9649	−0.505%	$4.1M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9766	−0.376%	$170K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9676	−0.476%	$621K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9800	−0.338%	$90K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0240	+0.150%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0340	+0.261%	$17K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0350	+0.272%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0275	+0.189%	$32K	$881K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0400	+0.328%	$709K	$4.9M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0270	+0.183%	$27.3M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0024	−0.089%	$302K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0341	+0.263%	$32K	—	3x	as long as short
dYdX UNI-USDlong	+0.0150%	1h	9.0105	long leg	$237K	$31K	10x
Coinbase International UNI-PERP-INTX	+0.0184%	1h	9.0380	+0.306%	$945K	$5.7M	50x	as long as short
Hyperliquid UNI	+0.0213%	1h	9.0290	+0.206%	$96.6M	$66.3M	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0250	+0.161%	$10.1M	$3.7M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0238%	1h	9.0381	+0.307%	$592K	$242K	50x	as long as short
Reya UNIRUSDPERP	+0.0377%	1h	9.0257	+0.169%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	9.0304	+0.221%	$641K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0462%	1h	8.9885	−0.244%	$950	$54K	10x	as long as short