UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h +0.020%

Price spread now: Coinbase International against Extended+0.005%7-day average +0.094% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$320.317% of the position

Long on Extended Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.219%−$22 on $10k

Price spread, last 3 days (all we have)+0.149%+$15 · spread now +0.005%, 7d avg +0.094%

Together, before fees−0.070%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.089% cheaper against Extended than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.094%). If the spread goes back, that is −$9 on $10k: about 2.3 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.219%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended UNI-USD	8.9955	0.0104	pay 0.0013% / 1h	22m 24s	$303K	$1.5M	25x
Short	Coinbase International UNI-PERP-INTX	8.9960	0.0232	get 0.0029% / 1h	22m 24s	$1.1M	$5.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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 ExtendedbpFee Coinbase InternationalbpOrdersPrice spread, now +0.005%Rate

Funding earned: $26.88
Price spread: +0.005% → +0.094%: −$8.9
Slippage, 4 orders: −$16.72
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$13.74
Costs to cover: 0.317%
Break-even: 10.6 days

Slippage from Extended: live order book, 1 min ago; Coinbase International: 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 Extended live order book, 1 min ago	0.11 bp	3.7 bp −$4	9.4 bp −$94	doesn't fit	doesn't fit
Sell Coinbase International live order book, 2 min ago	5.56 bp	12.9 bp −$13	20.7 bp −$207	87.6 bp −$8,755	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	−1.840%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0093	+0.154%	$62K	—	150x	as long as short
Variational Omni UNI	+0.0051%	8h	8.9935	−0.023%	$4.1M	$4.4M	—	as long as short
OKX UNI-USDT-SWAP	+0.0093%	8h	9.0060	+0.117%	$55.0M	$250.0M	50x	as long as short
Bybit UNIUSDT	+0.0093%	8h	9.0060	+0.117%	$102.2M	$104.9M	75x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0035	+0.089%	$955K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0101	+0.162%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9971	+0.017%	$298K	$593K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0105	+0.166%	$222.9M	$590.3M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0120	+0.183%	$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	+0.150%	$23.0M	$58.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9980	+0.028%	$43.7M	$24.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0090	+0.150%	$13.7M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0070	+0.128%	$32.9M	$42.0M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0070	+0.128%	—	$52.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9969	+0.015%	$1.0M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9779	−0.195%	$169K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0060	+0.117%	$632K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9790	−0.184%	$88K	$711K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9830	−0.139%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0101	+0.162%	$85K	$363K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0090	+0.150%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9870	−0.095%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9905	−0.056%	$21K	$676K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0040	+0.094%	$719K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9930	−0.028%	$27.1M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9962	+0.007%	$26K	—	20x	as long as short
Extended UNI-USDlong	+0.0104%	1h	8.9955	long leg	$303K	$1.5M	25x
Aevo UNI-PERP	+0.0104%	1h	9.0097	+0.158%	$32K	$1K	3x	as long as short
01 Exchange UNIUSD	+0.0176%	1h	9.0132	+0.197%	$450	—	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9920	−0.039%	$10.1M	$3.5M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0226%	1h	9.0139	+0.204%	$580K	$176K	50x	as long as short
dYdX UNI-USD	+0.0230%	1h	8.9958	+0.004%	$249K	$6K	10x	as long as short
Coinbase International UNI-PERP-INTXshort	+0.0232%	1h	8.9960	+0.005%	$1.1M	$5.4M	50x
Reya UNIRUSDPERP	+0.0364%	1h	9.0056	+0.112%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	9.0094	+0.154%	$570K	—	120x	as long as short
Hyperliquid UNI	+0.0505%	1h	9.0197	+0.269%	$98.9M	$59.1M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0563%	1h	8.9958	+0.004%	$5.0M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0815%	1h	9.0018	+0.069%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0880%	1h	9.0095	+0.155%	$4.6M	$5.2M	15x	as long as short