Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.03 per $10,000 · paid last 24h −0.006%
Price spread now: Nado against 01 Exchange−0.028%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Nado is 0.028% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4.4 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange UNIUSD | 8.8865 | −0.0048 | get 0.0006% / 1h | 52m 29s | $443 | $5 | 10x |
| Short | Nado UNI-PERP | 8.8840 | −0.0027 | pay 0.0003% / 1h | 52m 29s | $740K | $4.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against 01 Exchange. 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
- $4.44
- Price spread: −0.028% → 0.000%
- −$2.81
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$12.37
- Costs to cover
- 0.140%
- Break-even
- 26.5 days
Slippage unknown: 01 Exchange: no order-book sample; Nado: live order book, 1 min ago. 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 1 min ago | 0.62 bp | 5.9 bp −$6 | 13.5 bp −$135 | doesn't fit | doesn't fit |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_UNIUSD | −0.0306% | 1h | 8.8803 | −0.070% | $4.7M | $8.7M | 50x | as long as short |
| 01 Exchange UNIUSDlong | −0.0048% | 1h | 8.8865 | long leg | $443 | $5 | 10x | |
| Nado UNI-PERPshort | −0.0027% | 1h | 8.8840 | −0.028% | $740K | $4.7M | 10x | |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.8793 | −0.081% | $585K | $250K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8779 | −0.097% | $49K | — | 150x | as long as short |
| Polymarket Perps UNI-USD | +0.0017% | 1h | 8.8838 | −0.030% | $106K | $616K | 10x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.636% | $660 | $153K | 12x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8891 | +0.029% | $4.5M | $5.5M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8723 | −0.160% | $25K | — | 20x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.8948 | +0.093% | $94.6M | $67.5M | 10x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster UNIUSDT | +0.0100% | 8h | 8.8886 | +0.023% | $728K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8790 | −0.084% | $284K | $590K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8850 | −0.017% | $214.6M | $657.7M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8820 | −0.051% | $98.4M | $111.4M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8830 | −0.039% | $54.1M | $264.8M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8910 | +0.051% | $320K | $698K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8760 | −0.118% | $25.3M | $65.7M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8770 | −0.107% | $48.5M | $26.1M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8790 | −0.084% | $13.0M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8820 | −0.051% | $32.5M | $45.4M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8760 | −0.118% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8795 | −0.079% | $1.1M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8409 | −0.514% | $4.1M | $4.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8477 | −0.437% | $167K | $345K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8728 | −0.154% | $616K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8520 | −0.388% | $89K | $709K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8880 | +0.017% | $15K | $3.4M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8740 | −0.141% | $16K | $2.1M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8891 | +0.029% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8737 | −0.144% | $32K | $888K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8861 | −0.005% | $696K | $4.8M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8780 | −0.096% | $26.8M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8747 | −0.133% | $289K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8729 | −0.153% | $31K | — | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8780 | −0.096% | $924K | $5.4M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8800 | −0.073% | $10.0M | $3.6M | 75x | as long as short |
| Reya UNIRUSDPERP | +0.0380% | 1h | 8.8807 | −0.065% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.8768 | −0.110% | $632K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0493% | 1h | 8.8719 | −0.164% | $1K | $53K | 10x | as long as short |
| dYdX UNI-USD | +0.0584% | 1h | 8.8840 | −0.028% | $234K | $30K | 10x | as long as short |
01 Exchange UNIUSD
Kraken Futures PF_UNIUSD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
Polymarket Perps UNI-USD
Injective UNI/USDC PERP
Lighter UNI
Paradex UNI-USD-PERP
Hyperliquid UNI
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
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
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD