Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h +0.170%
Price spread now: Injective against SoDEX−1.749%62s7-day average +0.270% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.278%+$28 on $10k
+Price spread, last 3 days (all we have)+1.698%+$170 · spread now −1.749%, 7d avg +0.270%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 2.019% cheaper against SoDEX than usual: you would sell low and buy high (−$202 if the spread goes back to its 7-day average of +0.270%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.278%, so the current rate has only just turned against you. The two prices were read 62 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 | SoDEX UNI-USD | 8.9872 | 0.0100 | pay 0.0013% / 1h | 51m 36s | $21K | $680K | 10x |
| Short | Injective UNI/USDC PERP | 8.8300 | 0.0033 | get 0.0004% / 1h | 51m 36s | $660 | $154K | 12x |
SoDEX UNI-USD
Injective UNI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against SoDEX. 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
- −$14
- Price spread: −1.749% → +0.270%
- −$201.88
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$223.9
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SoDEX: live order book, 22 min ago; Injective: 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, 22 min ago | 0.56 bp | 9.3 bp −$9 | 28.7 bp −$287 | 138.8 bp −$13.9K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni UNIUSDT | −0.0151% | 1h | 8.9820 | −0.058% | $88K | $707K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 9.0054 | +0.202% | $62K | — | 150x | as long as short |
| 01 Exchange UNIUSD | +0.0024% | 1h | 8.9854 | −0.020% | $448 | — | 10x | as long as short |
| Injective UNI/USDC PERPshort | +0.0033% | 1h | 8.8300 | −1.749% | $660 | $154K | 12x | |
| Deribit UNI_USDC-PERPETUAL | +0.0061% | 1h | 8.9931 | +0.066% | $579K | $178K | 50x | as long as short |
| Gate UNI_USDT | +0.0068% | 8h | 8.9780 | −0.102% | $22.8M | $57.4M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0089% | 8h | 8.9820 | −0.058% | $54.9M | $248.7M | 50x | as long as short |
| Variational Omni UNI | +0.0099% | 8h | 9.0013 | +0.157% | $4.1M | $4.4M | — | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9800 | −0.080% | $950K | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9910 | +0.042% | $1.0M | $3.4M | 50x | as long as short |
ApeX Omni UNIUSDT
gTrade (Gains Network) UNI/USD
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
Gate UNI_USDT
OKX UNI-USDT-SWAP
Variational Omni UNI
Nado UNI-PERP
Aster UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.9857 | −0.017% | $299K | $591K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9850 | −0.024% | $222.5M | $591.2M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9830 | −0.047% | $101.2M | $106.2M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9890 | +0.020% | $266K | $618K | 10x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9820 | −0.058% | $43.9M | $23.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9830 | −0.047% | $13.6M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9810 | −0.069% | $33.0M | $42.1M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.9770 | −0.113% | — | $52.1M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9855 | −0.019% | $1.1M | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9772 | −0.111% | $169K | $343K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.0021 | +0.166% | $633K | $2.5M | 10x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.0020 | +0.165% | $36K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.0048 | +0.196% | $85K | $374K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9900 | +0.031% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.0076 | +0.227% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USDlong | +0.0100% | 1h | 8.9872 | long leg | $21K | $680K | 10x | |
| HTX UNI-USDT | +0.0100% | 8h | 9.0113 | +0.268% | $723K | $4.4M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9890 | +0.020% | $27.1M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9760 | −0.125% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9741 | −0.145% | $302K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9878 | +0.006% | $32K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0200% | 1h | 8.9806 | −0.074% | $249K | $6K | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9800 | −0.080% | $10.0M | $3.5M | 75x | as long as short |
| Hyperliquid UNI | +0.0236% | 1h | 8.9924 | +0.058% | $98.4M | $59.6M | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0272% | 1h | 8.9930 | +0.065% | $1.1M | $5.4M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0365% | 1h | 8.9998 | +0.140% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0382% / S −0.0323% | 1h | 9.0043 | +0.190% | $570K | — | 120x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0391% | 1h | 8.9920 | +0.053% | $5.0M | $7.0M | 50x | as long as short |
| Lighter UNI | +0.0672% | 1h | 9.0019 | +0.164% | $4.6M | $5.2M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0851% | 1h | 8.9984 | +0.125% | $1K | $49K | 10x | as long as short |
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
Arcus UNI-USD
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
HTX UNI-USDT
Phemex UNIUSDT
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
dYdX UNI-USD
BloFin UNI-USDT
Hyperliquid UNI
Coinbase International UNI-PERP-INTX
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Kraken Futures PF_UNIUSD
Lighter UNI
Aftermath Perps UNIUSD