UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0023%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.055%

Price spread now: Hyperliquid against Pacifica+0.134%54s7-day average +0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$340.342% of the position

Long on Pacifica Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.178%+$18 on $10k

Price spread, last 7 days−0.068%−$7 · spread now +0.134%, 7d avg +0.079%

Together, before fees+0.110%+ Points / potential airdropPacifica: Active · Hyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.055% dearer against Pacifica than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.079%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica UNI	8.8476	0.0100	pay 0.0013% / 1h	22m 45s	$284K	$616K	10x
Short	Hyperliquid UNI	8.8595	0.0123	get 0.0015% / 1h	22m 45s	$94.2M	$65.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Pacifica. 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 PacificabpFee HyperliquidbpOrdersPrice spread, now +0.134%Rate

Funding earned: $4.93
Price spread: +0.134% → +0.079%: $5.52
Slippage, 4 orders: −$17.21
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$23.76
Costs to cover: 0.342%
Break-even: 40.7 days

Slippage from Pacifica: live order book, 26 min ago; Hyperliquid: live order book, 11 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 Pacifica live order book, 26 min ago	1.12 bp	7.2 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 11 min ago	1.91 bp	11.1 bp −$11	doesn't fit	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-PERP	−0.0071%	1h	8.8320	−0.176%	$817K	$4.7M	10x	as long as short
01 Exchange UNIUSD	−0.0024%	1h	8.8401	−0.085%	$441	$5	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.8462	−0.016%	$4.7M	$8.6M	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.8429	−0.053%	$48K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.199%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0093%	1h	8.8378	−0.111%	$103K	$525K	10x	as long as short
Lighter UNI	+0.0096%	1h	8.8609	+0.150%	$4.5M	$5.6M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8425	−0.057%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8513	+0.042%	$736K	$3.6M	50x	as long as short
Pacifica UNIlong	+0.0100%	1h	8.8476	long leg	$284K	$616K	10x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.8527	+0.058%	$216.2M	$663.2M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8470	−0.007%	$99.0M	$112.8M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8520	+0.050%	$54.2M	$264.0M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8450	−0.029%	$315K	$700K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8550	+0.084%	$24.1M	$65.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8550	+0.084%	$49.1M	$27.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8570	+0.106%	$12.9M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8450	−0.029%	$32.4M	$46.7M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8550	+0.084%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8558	+0.093%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8380	−0.108%	$4.1M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8556	+0.091%	$167K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8450	−0.029%	$621K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8600	+0.140%	$89K	$707K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8630	+0.174%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8450	−0.029%	$16K	$1.6M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8525	+0.055%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8452	−0.027%	$32K	$874K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8467	−0.010%	$711K	$5.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8500	+0.027%	$26.7M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8531	+0.062%	$298K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8446	−0.034%	$31K	—	3x	as long as short
Hyperliquid UNIshort	+0.0123%	1h	8.8595	+0.134%	$94.2M	$65.9M	10x
Deribit UNI_USDC-PERPETUAL	+0.0136%	1h	8.8474	−0.003%	$566K	$204K	50x	as long as short
dYdX UNI-USD	+0.0180%	1h	8.8512	+0.041%	$233K	$31K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0184%	1h	8.8410	−0.075%	$922K	$5.8M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8400	−0.086%	$10.0M	$3.6M	75x	as long as short
Reya UNIRUSDPERP	+0.0377%	1h	8.8377	−0.111%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.8430	−0.052%	$629K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0669%	1h	8.8598	+0.137%	$968	$45K	10x	as long as short