UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h +0.159%

Price spread now: Injective against Arcus−2.420%7-day average +0.028% · you buy dearer than you sell

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

Long on Arcus Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.260%+$26 on $10k

Price spread, last 4 days (all we have)+2.437%+$244 · spread now −2.420%, 7d avg +0.028%

Together, before fees+2.696%+$270 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 2.448% cheaper against Arcus than usual: you would sell low and buy high (−$245 if the spread goes back to its 7-day average of +0.028%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.260%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus UNI-USD	9.0490	0.0100	pay 0.0013% / 1h	41m 10s	$287K	$630K	10x
Short	Injective UNI/USDC PERP	8.8300	0.0033	get 0.0004% / 1h	41m 10s	$660	$154K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Arcus. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpOrdersPrice spread, now −2.420%Rate

Funding earned: −$14
Price spread: −2.420% → +0.028%: −$244.81
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$263.33
Costs to cover: 0.045%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 18 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 Arcus live order book, 18 min ago	5.48 bp	14.1 bp −$14	23.1 bp −$231	doesn't fit	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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0856	+0.405%	$37K	—	150x	as long as short
Injective UNI/USDC PERPshort	+0.0033%	1h	8.8300	−2.420%	$660	$154K	12x
01 Exchange UNIUSD	+0.0064%	1h	9.0924	+0.480%	$454	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0867	+0.417%	$921K	$4.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0902	+0.455%	$1.0M	$3.0M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0917	+0.472%	$295K	$590K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0914	+0.468%	$224.2M	$631.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0890	+0.442%	$101.9M	$110.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0950	+0.508%	$55.6M	$259.1M	50x	as long as short
Arcus UNI-USDlong	+0.0100%	1h	9.0490	long leg	$287K	$630K	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	9.0980	+0.541%	$23.6M	$62.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0950	+0.508%	$48.4M	$25.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0890	+0.442%	$13.6M	$13.1M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0960	+0.519%	$33.6M	$44.3M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0970	+0.530%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0966	+0.526%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0968	+0.528%	$4.3M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1200	+0.784%	$172K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1003	+0.567%	$639K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1050	+0.619%	$89K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1140	+0.718%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0901	+0.454%	$87K	$421K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0860	+0.409%	$16K	$1.6M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0961	+0.520%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0896	+0.449%	$22K	$783K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0940	+0.497%	$719K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0920	+0.475%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0847	+0.394%	$26K	—	20x	as long as short
dYdX UNI-USD	+0.0101%	1h	9.0903	+0.456%	$239K	$30K	10x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0841	+0.388%	$299K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0876	+0.427%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0121%	1h	9.0908	+0.462%	$582K	$193K	50x	as long as short
Lighter UNI	+0.0208%	1h	9.1037	+0.604%	$4.6M	$5.8M	15x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0940	+0.497%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.0950	+0.508%	$1.1M	$5.5M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.0932	+0.489%	$5.0M	$7.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0372%	1h	9.0761	+0.300%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0845	+0.392%	$647K	—	120x	as long as short
Hyperliquid UNI	+0.0457%	1h	9.1103	+0.677%	$99.0M	$61.8M	10x	as long as short
Aftermath Perps UNIUSD	+0.1057%	1h	9.0973	+0.533%	$910	$46K	10x	as long as short