Funding you earn now, next payment 10:00 UTC+0.0144%/8h= +15.7% APRpaid last 24h +0.101%
Price spread now: GMX against Gate+0.185%7-day average +0.031% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.092%+$9 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now +0.185%, 7d avg +0.031%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.154% dearer against Gate than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate UNI_USDT | 8.8520 | 0.0100 | pay 0.0100% / 8h | 6h 55m | $26.7M | $56.2M | 75x |
| Short | GMX UNI/USD [UNI-USDC] | 8.8684 | L +0.0381% / S −0.0244% | get 0.0030% / 1h | 55m 57s | $631K | — | 120x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $30.16
- Price spread: +0.185% → +0.031%
- $15.38
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $18.54
- Costs to cover
- 0.270%
- Break-even
- 2.7 days
Slippage unknown: Gate: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.
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 Gate live order book, 3 min ago | 1.12 bp | 15.6 bp −$16 | 23.2 bp −$232 | 58.6 bp −$5,860 | 104.3 bp −$52.2K |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange UNIUSD | −0.0016% | 1h | 8.8723 | +0.229% | $468 | $31 | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.8708 | +0.212% | $587K | $244K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.9365 | +0.955% | $77K | — | 150x | as long as short |
| SoDEX UNI-USD | +0.0009% | 1h | 8.8640 | +0.136% | $32K | $852K | 10x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.249% | $660 | $152K | 12x | as long as short |
| dYdX UNI-USD | +0.0053% | 1h | 8.8723 | +0.229% | $232K | $32K | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8780 | +0.294% | $4.4M | $4.9M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8719 | +0.225% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8725 | +0.232% | $710K | $4.4M | 10x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.8727 | +0.234% | $94.8M | $67.5M | 10x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster UNIUSDT | +0.0100% | 8h | 8.8600 | +0.090% | $731K | $3.0M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8734 | +0.242% | $287K | $535K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8505 | −0.017% | $214.2M | $629.8M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8480 | −0.045% | $98.3M | $106.2M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8460 | −0.068% | $54.0M | $251.8M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8810 | +0.328% | $320K | $678K | 10x | as long as short |
| Gate UNI_USDTlong | +0.0100% | 8h | 8.8520 | long leg | $26.7M | $56.2M | 75x | |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8550 | +0.034% | $46.4M | $25.0M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8560 | +0.045% | $13.1M | $12.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8510 | −0.011% | $32.7M | $45.7M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8520 | 0.000% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8687 | +0.189% | $1.1M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8588 | +0.077% | $4.2M | $3.9M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9210 | +0.780% | $169K | $345K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9438 | +1.037% | $625K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9500 | +1.107% | $90K | $706K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9010 | +0.554% | $33K | $3.5M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8738 | +0.246% | $102K | $608K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8680 | +0.181% | $16K | $2.6M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8740 | +0.249% | $36K | $1.3M | 30x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8780 | +0.294% | $697K | $4.4M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8690 | +0.192% | $26.7M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8488 | −0.036% | $299K | $1.8M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8689 | +0.191% | $31K | — | 3x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0142% | 1h | 8.8683 | +0.184% | $4.7M | $8.4M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8850 | +0.373% | $10.1M | $3.6M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0248% | 1h | 8.8870 | +0.395% | $920K | $5.1M | 50x | as long as short |
| GMX UNI/USD [UNI-USDC]short | L +0.0381% / S −0.0244% | 1h | 8.8684 | +0.185% | $631K | — | 120x | |
| Reya UNIRUSDPERP | +0.0384% | 1h | 8.8605 | +0.096% | $16K | — | 20x | as long as short |
| Aftermath Perps UNIUSD | +0.0580% | 1h | 8.9297 | +0.878% | $1K | $51K | 10x | as long as short |
Gate UNI_USDT
GMX UNI/USD [UNI-USDC]
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
SoDEX UNI-USD
Injective UNI/USDC PERP
Lighter UNI
Paradex UNI-USD-PERP
Hyperliquid UNI
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
SunX UNI-USDT
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Kraken Futures PF_UNIUSD
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Aftermath Perps UNIUSD