UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0091%/8h= +10.0% APRnext payment +$0.11 per $10,000 · paid last 24h +0.051%

Price spread now: GMX against Coinbase International−0.129%7-day average +0.011% · you buy dearer than you sell

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

Long on Coinbase International Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.159%+$16 on $10k

Price spread, last 3 days (all we have)+0.105%+$10 · spread now −0.129%, 7d avg +0.011%

Together, before fees+0.264%+$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.140% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.129% now, against its 7-day average of +0.011%). If the spread goes back, that is −$14 on $10k: about 5.1 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International UNI-PERP-INTX	8.9960	0.0232	pay 0.0029% / 1h	22m 56s	$1.1M	$5.4M	50x
Short	GMX UNI/USD [UNI-USDC]	8.9844	L +0.0382% / S −0.0323%	get 0.0040% / 1h	22m 56s	$568K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. 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 Coinbase InternationalbpFee GMXbpOrdersPrice spread, now −0.129%Rate

Funding earned: $19.14
Price spread: −0.129% → +0.011%: −$14.02
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$16.88
Costs to cover: 0.220%
Break-even: 13.2 days

Slippage unknown: Coinbase International: live order book, 1 min ago; GMX: 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 Coinbase International live order book, 1 min ago	5.56 bp	10.6 bp −$11	17.9 bp −$179	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−1.845%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9824	−0.151%	$62K	—	150x	as long as short
Variational Omni UNI	+0.0051%	8h	8.9935	−0.028%	$4.1M	$4.4M	—	as long as short
Bybit UNIUSDT	+0.0091%	8h	8.9840	−0.133%	$101.9M	$105.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0092%	8h	8.9840	−0.133%	$55.0M	$249.3M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9715	−0.272%	$952K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9900	−0.067%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9746	−0.238%	$297K	$593K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9880	−0.089%	$222.4M	$590.4M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9800	−0.178%	$265K	$632K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	8.9870	−0.100%	$23.0M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9900	−0.067%	$43.7M	$24.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9890	−0.078%	$13.6M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9870	−0.100%	$32.8M	$42.1M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9870	−0.100%	—	$52.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9969	+0.010%	$1.0M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9779	−0.201%	$169K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0060	+0.111%	$632K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9790	−0.189%	$88K	$711K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9780	−0.200%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9830	−0.145%	$85K	$363K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9850	−0.122%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9870	−0.100%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9905	−0.061%	$21K	$676K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0040	+0.089%	$719K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9930	−0.033%	$27.1M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9694	−0.296%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9849	−0.124%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9892	−0.076%	$32K	$1K	3x	as long as short
01 Exchange UNIUSD	+0.0176%	1h	8.9806	−0.171%	$448	—	10x	as long as short
dYdX UNI-USD	+0.0203%	1h	8.9804	−0.174%	$249K	$6K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9920	−0.044%	$10.1M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTXlong	+0.0232%	1h	8.9960	long leg	$1.1M	$5.4M	50x
Deribit UNI_USDC-PERPETUAL	+0.0247%	1h	8.9911	−0.055%	$579K	$176K	50x	as long as short
Reya UNIRUSDPERP	+0.0364%	1h	8.9779	−0.201%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]short	L +0.0382% / S −0.0323%	1h	8.9844	−0.129%	$568K	—	120x
Hyperliquid UNI	+0.0507%	1h	8.9993	+0.037%	$98.7M	$59.0M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0563%	1h	8.9958	−0.002%	$5.0M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0807%	1h	8.9925	−0.038%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0880%	1h	9.0095	+0.150%	$4.6M	$5.2M	15x	as long as short