UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.037%

Price spread now: dYdX against Arcus−0.128%7-day average −0.069% · 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−$159as in the Price arb table

costs, in and out, $10k−$1531.534% of the position

Long on Arcus Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.279%+$28 on $10k

Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.128%, 7d avg −0.069%

Together, before fees+0.314%+$31 on $10k · with fees, hour by hour

Funding pays, the price is against you. dYdX is 0.060% cheaper against Arcus than usual: you would sell low and buy high (spread −0.128% now, against its 7-day average of −0.069%). If the spread goes back, that is −$6 on $10k: about 8.1 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.279% in total) that is about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus UNI-USD	9.2370	0.0100	pay 0.0013% / 1h	30m 15s	$275K	$616K	10x
Short	dYdX UNI-USD	9.2252	0.0125	get 0.0016% / 1h	30m 15s	$254K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Arcus. 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 ArcusbpFee dYdXbpOrdersPrice spread, now −0.128%Rate

Funding earned: $5.16
Price spread: −0.128% → −0.069%: −$5.96
Slippage, 4 orders: −$138.92
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$154.22
Costs to cover: 1.534%
Break-even: 216.1 days

Slippage from Arcus: live order book, 44 min ago; dYdX: live order book, 44 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 Arcus live order book, 44 min ago	5.00 bp	10.5 bp −$11	16.3 bp −$163	doesn't fit	doesn't fit
Sell dYdX live order book, 44 min ago	62.45 bp	67.5 bp −$67	176.7 bp −$1,767	337.8 bp −$33.8K	651.6 bp −$325.8K

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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	9.2327	−0.046%	$50K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−4.406%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0072%	1h	9.2341	−0.031%	$461	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.2275	−0.103%	$971K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.2383	+0.014%	$1.1M	$3.0M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.2268	−0.110%	$310K	$583K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.2307	−0.069%	$231.7M	$595.1M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.2340	−0.032%	$104.2M	$106.8M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.2300	−0.076%	$56.7M	$258.0M	50x	as long as short
Arcus UNI-USDlong	+0.0100%	1h	9.2370	long leg	$275K	$616K	10x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.2330	−0.043%	$23.4M	$59.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.2290	−0.087%	$45.2M	$23.9M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.2300	−0.076%	$13.9M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.2330	−0.043%	$33.9M	$42.2M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.2350	−0.022%	—	$54.7M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.2371	+0.001%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.2011	−0.389%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1283	−1.177%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1100	−1.375%	$644K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1340	−1.115%	$89K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1560	−0.877%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.2356	−0.015%	$87K	$375K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.2330	−0.043%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.2399	+0.031%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.2297	−0.079%	$22K	$714K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.2405	+0.038%	$733K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.2300	−0.076%	$27.8M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.2270	−0.109%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.2243	−0.137%	$306K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.2289	−0.088%	$33K	—	3x	as long as short
dYdX UNI-USDshort	+0.0125%	1h	9.2252	−0.128%	$254K	$8K	10x
BloFin UNI-USDT	+0.0220%	8h	9.2130	−0.260%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.2410	+0.043%	$1.1M	$4.9M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0318%	1h	9.2345	−0.028%	$595K	$178K	50x	as long as short
Reya UNIRUSDPERP	+0.0366%	1h	9.2323	−0.051%	$17K	—	20x	as long as short
Kraken Futures PF_UNIUSD	+0.0380%	1h	9.2375	+0.006%	$5.2M	$7.0M	50x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	9.2325	−0.049%	$585K	—	120x	as long as short
Hyperliquid UNI	+0.0525%	1h	9.2475	+0.114%	$101.8M	$60.3M	10x	as long as short
Aftermath Perps UNIUSD	+0.0932%	1h	9.1767	−0.653%	$952	$49K	10x	as long as short
Lighter UNI	+0.0944%	1h	9.2474	+0.113%	$4.7M	$5.3M	15x	as long as short