Funding you earn now, next payment 06:00 UTC−0.0035%/8h= −3.8% APRpaid last 24h −0.055%
Price spread now: Paradex against Hyperliquid−0.037%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paradex is 0.037% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid UNI | 8.8878 | 0.0135 | pay 0.0017% / 1h | 34m 26s | $94.6M | $66.4M | 10x |
| Short | Paradex UNI-USD-PERP | 8.8845 | 0.0100 | get 0.0100% / 8h | 2h 34m | $25K | — | 20x |
Hyperliquid UNI
Paradex UNI-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Hyperliquid. 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
- −$7.35
- Price spread: −0.037% → 0.000%
- −$3.7
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$24.05
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Paradex: 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 Hyperliquid live order book, 9 min ago | 1.91 bp | 6.4 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado UNI-PERP | −0.0123% | 1h | 8.8857 | −0.023% | $828K | $4.7M | 10x | as long as short |
| 01 Exchange UNIUSD | −0.0056% | 1h | 8.8860 | −0.020% | $443 | $5 | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.9251 | +0.420% | $4.8M | $8.5M | 50x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.8729 | −0.168% | $568K | $203K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8785 | −0.105% | $49K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.650% | $660 | $153K | 12x | as long as short |
| Polymarket Perps UNI-USD | +0.0085% | 1h | 8.8812 | −0.074% | $98K | $509K | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8981 | +0.116% | $4.5M | $5.5M | 15x | as long as short |
| Paradex UNI-USD-PERPshort | +0.0100% | 8h | 8.8845 | −0.037% | $25K | — | 20x | |
| Aster UNIUSDT | +0.0100% | 8h | 8.8825 | −0.059% | $753K | $3.6M | 50x | as long as short |
Nado UNI-PERP
01 Exchange UNIUSD
Kraken Futures PF_UNIUSD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Polymarket Perps UNI-USD
Lighter UNI
Aster UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.8851 | −0.031% | $284K | $612K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8760 | −0.133% | $215.6M | $659.2M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8670 | −0.234% | $99.0M | $112.4M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8640 | −0.268% | $53.8M | $263.5M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8920 | +0.047% | $317K | $700K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8760 | −0.133% | $24.0M | $65.4M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8800 | −0.088% | $46.6M | $26.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8860 | −0.020% | $13.0M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8660 | −0.245% | $32.6M | $46.6M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8770 | −0.122% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9170 | +0.329% | $1.0M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8991 | +0.127% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8799 | −0.089% | $168K | $345K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8997 | +0.134% | $621K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8870 | −0.009% | $91K | $706K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9230 | +0.396% | $15K | $3.4M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8730 | −0.167% | $16K | $1.6M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9257 | +0.426% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9180 | +0.340% | $32K | $857K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9343 | +0.523% | $712K | $5.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9190 | +0.351% | $27.0M | $4.3M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8796 | −0.092% | $286K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8700 | −0.200% | $31K | — | 3x | as long as short |
| Hyperliquid UNIlong | +0.0135% | 1h | 8.8878 | long leg | $94.6M | $66.4M | 10x | |
| dYdX UNI-USD | +0.0143% | 1h | 8.8906 | +0.031% | $234K | $31K | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0184% | 1h | 8.9220 | +0.385% | $932K | $5.8M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9140 | +0.295% | $10.1M | $3.6M | 75x | as long as short |
| Reya UNIRUSDPERP | +0.0376% | 1h | 8.8748 | −0.146% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8770 | −0.121% | $632K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0616% | 1h | 8.8900 | +0.025% | $916 | $45K | 10x | as long as short |
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
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
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
dYdX UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD