UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0220%/8h= +24.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.073%

Price spread now: GMX against SoDEX−0.038%7-day average +0.037% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.080%+$8 on $10k

Price spread, last 3 days (all we have)−0.039%−$4 · spread now −0.038%, 7d avg +0.037%

Together, before fees+0.041%+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.075% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of +0.037%). If the spread goes back, that is −$7 on $10k: about 27 hours of funding at the current rate (+$7 a day). At the pace of the last 3 days (+0.080% in total) that is about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX UNI-USD	9.0329	0.0100	pay 0.0013% / 1h	38m 45s	$25K	$669K	10x
Short	GMX UNI/USD [UNI-USDC]	9.0295	L +0.0380% / S −0.0320%	get 0.0040% / 1h	38m 45s	$568K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.038%Rate

Funding earned: $46.21
Price spread: −0.038% → +0.037%: −$7.48
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $18.74
Costs to cover: 0.200%
Break-even: 4.2 days

Slippage unknown: SoDEX: live order book, 40 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 SoDEX live order book, 40 min ago	0.56 bp	10.1 bp −$10	27.5 bp −$275	129.2 bp −$12.9K	doesn't fit
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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−2.246%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0315	−0.016%	$62K	—	150x	as long as short
Variational Omni UNI	+0.0022%	8h	9.0514	+0.204%	$4.1M	$4.4M	—	as long as short
dYdX UNI-USD	+0.0055%	1h	9.0479	+0.166%	$251K	$6K	10x	as long as short
Bybit UNIUSDT	+0.0070%	8h	9.0490	+0.178%	$103.4M	$104.5M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0087%	8h	9.0460	+0.145%	$55.5M	$250.3M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0285	−0.049%	$956K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0482	+0.169%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0512	+0.202%	$300K	$591K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0490	+0.178%	$223.9M	$588.7M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.0540	+0.234%	$279K	$620K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0370	+0.045%	$23.2M	$58.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0510	+0.200%	$43.6M	$23.9M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0520	+0.211%	$13.8M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0460	+0.145%	$33.0M	$42.0M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0480	+0.167%	—	$51.9M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0399	+0.077%	$170K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0470	+0.156%	$630K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0490	+0.178%	$89K	$712K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0300	−0.032%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0310	−0.021%	$88K	$356K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0330	+0.001%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0371	+0.046%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USDlong	+0.0100%	1h	9.0329	long leg	$25K	$669K	10x
HTX UNI-USDT	+0.0100%	8h	9.0405	+0.084%	$738K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0320	−0.010%	$27.3M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0474	+0.160%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0275	−0.060%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0335	+0.007%	$32K	$1K	3x	as long as short
Backpack UNI_USDC_PERP	+0.0136%	1h	9.0378	+0.054%	$1.0M	$2.4M	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0157%	1h	9.0380	+0.056%	$582K	$176K	50x	as long as short
01 Exchange UNIUSD	+0.0216%	1h	9.0363	+0.038%	$451	—	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0310	−0.021%	$10.2M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	9.0410	+0.090%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0364%	1h	9.0276	−0.059%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]short	L +0.0380% / S −0.0320%	1h	9.0295	−0.038%	$568K	—	120x
Kraken Futures PF_UNIUSD	+0.0560%	1h	9.0397	+0.075%	$5.0M	$7.0M	50x	as long as short
Hyperliquid UNI	+0.0672%	1h	9.0590	+0.289%	$99.6M	$58.7M	10x	as long as short
Aftermath Perps UNIUSD	+0.0792%	1h	9.0476	+0.163%	$1K	$49K	10x	as long as short
Lighter UNI	+0.1008%	1h	9.0661	+0.368%	$4.6M	$5.2M	15x	as long as short