Funding you earn now, next payment 08:00 UTC+0.0471%/8h= +51.6% APRnext payment +$0.59 per $10,000 · paid last 24h +0.028%
Price spread now: dYdX against Polymarket Perps−0.036%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$680.681% of the position
Funding, last 7 days+0.300%+$30 on $10k
+Price spread, last 4 days (all we have)−2.078%−$208 · spread now −0.036%, 7d avg −0.027%
=The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.300% in total (about 15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps UNI-USD | 8.8980 | 0.0098 | pay 0.0012% / 1h | 11m 28s | $104K | $616K | 10x |
| Short | dYdX UNI-USD | 8.8948 | 0.0569 | get 0.0071% / 1h | 11m 28s | $234K | $30K | 10x |
Polymarket Perps UNI-USD
dYdX UNI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Polymarket Perps. 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
- $98.91
- Price spread: −0.036% → −0.027%
- −$0.96
- Slippage, 4 orders
- −$50.09
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $29.86
- Costs to cover
- 0.681%
- Break-even
- 4.9 days
Slippage from Polymarket Perps: live order book, 26 min ago; dYdX: live order book, 28 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 Polymarket Perps live order book, 26 min ago | 2.37 bp | 7.2 bp −$7 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 28 min ago | 21.99 bp | 27.5 bp −$28 | 95.2 bp −$952 | 196.5 bp −$19.7K | 395.5 bp −$197.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_UNIUSD | −0.0305% | 1h | 8.8984 | +0.004% | $4.7M | $8.6M | 50x | as long as short |
| 01 Exchange UNIUSD | 0.0000% | 1h | 8.9029 | +0.055% | $444 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.8931 | −0.055% | $76K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.764% | $660 | $153K | 12x | as long as short |
| Nado UNI-PERP | +0.0042% | 1h | 8.8965 | −0.017% | $729K | $4.7M | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.9101 | +0.136% | $4.5M | $5.6M | 15x | as long as short |
| Polymarket Perps UNI-USDlong | +0.0098% | 1h | 8.8980 | long leg | $104K | $616K | 10x | |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8958 | −0.025% | $25K | — | 20x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.9095 | +0.129% | $95.0M | $67.7M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8966 | −0.016% | $723K | $3.2M | 50x | as long as short |
Kraken Futures PF_UNIUSD
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Nado UNI-PERP
Lighter UNI
Paradex UNI-USD-PERP
Hyperliquid 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 | 8.9010 | +0.034% | $288K | $591K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8912 | −0.077% | $216.2M | $652.1M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8880 | −0.112% | $98.5M | $110.4M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8880 | −0.112% | $54.5M | $261.6M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9090 | +0.124% | $321K | $693K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8930 | −0.056% | $26.1M | $66.7M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8970 | −0.011% | $48.1M | $26.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8960 | −0.022% | $13.0M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8960 | −0.022% | $32.5M | $45.2M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8910 | −0.079% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9008 | +0.031% | $1.1M | $2.5M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8681 | −0.336% | $4.1M | $4.1M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8783 | −0.222% | $168K | $348K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8913 | −0.075% | $617K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8890 | −0.101% | $89K | $710K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8950 | −0.034% | $14K | $3.5M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8960 | −0.022% | $17K | $2.2M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8968 | −0.013% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8923 | −0.064% | $32K | $886K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9026 | +0.052% | $702K | $4.7M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8890 | −0.101% | $26.8M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8966 | −0.016% | $291K | $1.8M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8935 | −0.051% | $32K | — | 3x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0104% | 1h | 8.8993 | +0.014% | $590K | $270K | 50x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.9040 | +0.067% | $927K | $5.4M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8860 | −0.135% | $10.0M | $3.6M | 75x | as long as short |
| Aftermath Perps UNIUSD | +0.0375% | 1h | 8.8831 | −0.167% | $1K | $52K | 10x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.8945 | −0.040% | $633K | — | 120x | as long as short |
| Reya UNIRUSDPERP | +0.0381% | 1h | 8.8955 | −0.028% | $16K | — | 20x | as long as short |
| dYdX UNI-USDshort | +0.0569% | 1h | 8.8948 | −0.036% | $234K | $30K | 10x |
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
Deribit UNI_USDC-PERPETUAL
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Aftermath Perps UNIUSD
GMX UNI/USD [UNI-USDC]
Reya UNIRUSDPERP