UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.01 per $10,000 · paid last 24h +0.027%

Price spread now: dYdX against SoDEX−0.249%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$134as in the Price arb table

costs, in and out, $10k−$1071.074% of the position

Long on SoDEX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.264%+$26 on $10k

Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.249%, 7d avg +0.016%

Together, before fees+0.372%+$37 on $10k · with fees, hour by hour

Funding pays, the price is against you. dYdX is 0.264% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.249% now, against its 7-day average of +0.016%). If the spread goes back, that is −$26 on $10k: about 3 months of funding at the current rate ($0 a day). At the pace of the last 3 days (+0.264% in total) that is about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX UNI-USD	8.9307	0.0100	pay 0.0013% / 1h	42m 08s	$32K	$887K	10x
Short	dYdX UNI-USD	8.9085	0.0112	get 0.0014% / 1h	42m 08s	$235K	$31K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against SoDEX. 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 SoDEXbpFee dYdXbpOrdersPrice spread, now −0.249%Rate

Funding earned: $2.45
Price spread: −0.249% → +0.016%: −$26.44
Slippage, 4 orders: −$89.36
Fee SoDEX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$131.36
Costs to cover: 1.074%
Break-even: 382.9 days

Slippage from SoDEX: live order book, 2 min ago; dYdX: 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 SoDEX live order book, 2 min ago	0.56 bp	10.0 bp −$10	29.1 bp −$291	doesn't fit	doesn't fit
Sell dYdX live order book, 2 min ago	38.42 bp	44.5 bp −$45	116.4 bp −$1,164	197.9 bp −$19.8K	424.0 bp −$212.0K

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
Polymarket Perps UNI-USD	−0.0157%	1h	8.9037	−0.302%	$109K	$605K	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.9077	−0.258%	$4.7M	$8.7M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9091	−0.241%	$587K	$249K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.9063	−0.273%	$52K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.128%	$660	$153K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	8.9112	−0.218%	$445	$5	10x	as long as short
Lighter UNI	+0.0096%	1h	8.9175	−0.148%	$4.5M	$5.6M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9060	−0.276%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9040	−0.299%	$767K	$4.7M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9075	−0.260%	$735K	$3.6M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.9129	−0.200%	$285K	$593K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9034	−0.306%	$215.2M	$659.4M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9020	−0.321%	$98.9M	$112.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9040	−0.299%	$54.1M	$265.8M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9170	−0.153%	$318K	$705K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9040	−0.299%	$24.8M	$66.4M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9050	−0.288%	$49.1M	$26.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9060	−0.277%	$13.0M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9030	−0.310%	$32.7M	$45.5M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9040	−0.299%	—	$57.3M	—	as long as short
Variational Omni UNI	+0.0100%	8h	8.9649	+0.383%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9742	+0.487%	$170K	$347K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9704	+0.444%	$627K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9740	+0.485%	$90K	$710K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9370	+0.071%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9020	−0.321%	$16K	$1.8M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9115	−0.215%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USDlong	+0.0100%	1h	8.9307	long leg	$32K	$887K	10x
HTX UNI-USDT	+0.0100%	8h	8.9144	−0.183%	$697K	$4.9M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9070	−0.265%	$26.9M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9000	−0.343%	$297K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9050	−0.288%	$32K	—	3x	as long as short
dYdX UNI-USDshort	+0.0112%	1h	8.9085	−0.249%	$235K	$31K	10x
Backpack UNI_USDC_PERP	+0.0132%	1h	8.9100	−0.232%	$1.1M	$2.4M	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0192%	1h	8.9110	−0.221%	$931K	$5.5M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9220	−0.097%	$10.1M	$3.6M	75x	as long as short
Reya UNIRUSDPERP	+0.0378%	1h	8.9023	−0.318%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9084	−0.250%	$634K	—	120x	as long as short
Hyperliquid UNI	+0.0424%	1h	8.9133	−0.195%	$94.8M	$67.6M	10x	as long as short
Aftermath Perps UNIUSD	+0.0541%	1h	8.9613	+0.343%	$1K	$54K	10x	as long as short