UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.033%

Price spread now: SunX against BloFin+0.012%55s7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$530.533% of the position

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.180%−$18 on $10k

Price spread, last 4 days (all we have)+0.097%+$10 · spread now +0.012%, 7d avg +0.046%

Together, before fees−0.083%−$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SunX is 0.034% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.046%). Swap the legs. The two prices were read 55 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	BloFin UNI-USDT	8.8800	0.0220	pay 0.0220% / 8h	52m 19s	$10.0M	$3.6M	75x
Short	SunX UNI-USDT	8.8811	0.0100	get 0.0100% / 8h	52m 19s	$36K	$1.4M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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 BloFinbpFee SunXbpOrdersPrice spread, now +0.012%Rate

Funding earned: −$25.2
Price spread: +0.012% → +0.046%: −$3.36
Slippage, 4 orders: −$33.31
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$81.87
Costs to cover: 0.533%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; SunX: live order book, 2 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 BloFin live order book, 6 min ago	1.13 bp	7.1 bp −$7	12.5 bp −$125	32.0 bp −$3,204	doesn't fit
Sell SunX live order book, 2 min ago	13.83 bp	17.8 bp −$18	35.8 bp −$358	doesn't fit	doesn't fit

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	8.8925	+0.141%	$4.7M	$8.6M	50x	as long as short
01 Exchange UNIUSD	−0.0048%	1h	8.8865	+0.073%	$443	$5	10x	as long as short
Nado UNI-PERP	−0.0027%	1h	8.8840	+0.045%	$740K	$4.7M	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.8882	+0.092%	$49K	—	150x	as long as short
Polymarket Perps UNI-USD	+0.0017%	1h	8.8838	+0.043%	$106K	$616K	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.563%	$660	$153K	12x	as long as short
Lighter UNI	+0.0096%	1h	8.8891	+0.102%	$4.5M	$5.5M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8723	−0.087%	$25K	—	20x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.8948	+0.167%	$94.6M	$67.5M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8887	+0.098%	$728K	$3.6M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.8790	−0.011%	$284K	$590K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8850	+0.056%	$214.6M	$657.7M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8830	+0.034%	$98.4M	$111.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8830	+0.034%	$54.1M	$264.8M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8910	+0.124%	$320K	$698K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8850	+0.056%	$25.4M	$65.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8850	+0.056%	$48.5M	$26.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8870	+0.079%	$13.0M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8850	+0.056%	$32.6M	$45.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8830	+0.034%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8795	−0.006%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8409	−0.441%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8477	−0.364%	$167K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8728	−0.081%	$616K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8520	−0.315%	$89K	$709K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8880	+0.090%	$15K	$3.4M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8890	+0.101%	$16K	$2.1M	10x	as long as short
SunX UNI-USDTshort	+0.0100%	8h	8.8811	+0.012%	$36K	$1.4M	30x
SoDEX UNI-USD	+0.0100%	1h	8.8874	+0.083%	$32K	$888K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9104	+0.342%	$696K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8900	+0.113%	$26.8M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8842	+0.047%	$289K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8880	+0.090%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0111%	1h	8.8914	+0.128%	$586K	$250K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8950	+0.169%	$926K	$5.5M	50x	as long as short
BloFin UNI-USDTlong	+0.0220%	8h	8.8800	long leg	$10.0M	$3.6M	75x
Reya UNIRUSDPERP	+0.0380%	1h	8.8807	+0.008%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.8888	+0.099%	$632K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0500%	1h	8.8744	−0.063%	$1K	$53K	10x	as long as short
dYdX UNI-USD	+0.0584%	1h	8.8840	+0.045%	$234K	$30K	10x	as long as short