UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0279%/8h= −30.5% APRnext payment −$0.35 per $10,000 · paid last 24h +0.140%

Price spread now: Injective against Coinbase International−2.988%64s7-day average +0.174% · you buy dearer than you sell

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

Long on Coinbase International Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.385%−$38 on $10k

Price spread, last 3 days (all we have)+3.026%+$303 · spread now −2.988%, 7d avg +0.174%

Together, before fees+2.642%+$264 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Injective is 3.163% cheaper against Coinbase International than usual: you would sell low and buy high (−$316 if the spread goes back to its 7-day average of +0.174%). Swap the legs. The two prices were read 64 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	Coinbase International UNI-PERP-INTX	9.1020	0.0312	pay 0.0039% / 1h	19m 49s	$1.1M	$4.7M	50x
Short	Injective UNI/USDC PERP	8.8300	0.0033	get 0.0004% / 1h	19m 49s	$660	$154K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −2.988%Rate

Funding earned: −$58.52
Price spread: −2.988% → +0.174%: −$316.28
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$384.82
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 4 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 Coinbase International live order book, 4 min ago	6.04 bp	13.7 bp −$14	20.2 bp −$202	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 39 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	9.0996	−0.026%	$19K	—	150x	as long as short
dYdX UNI-USD	+0.0025%	1h	9.1013	−0.008%	$240K	$30K	10x	as long as short
Injective UNI/USDC PERPshort	+0.0033%	1h	8.8300	−2.988%	$660	$154K	12x
01 Exchange UNIUSD	+0.0048%	1h	9.1055	+0.038%	$454	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1015	−0.005%	$963K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1180	+0.176%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1023	+0.003%	$298K	$574K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1070	+0.055%	$227.6M	$610.7M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1010	−0.011%	$101.9M	$107.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1020	0.000%	$56.2M	$255.4M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.1080	+0.066%	$288K	$641K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1020	0.000%	$23.3M	$58.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1140	+0.132%	$49.9M	$26.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1130	+0.121%	$13.7M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1020	0.000%	$33.3M	$42.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1040	+0.022%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1026	+0.007%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1128	+0.119%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0980	−0.044%	$171K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1110	+0.099%	$634K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1000	−0.022%	$89K	$699K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1220	+0.220%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1054	+0.037%	$86K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0960	−0.066%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1094	+0.081%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0931	−0.098%	$22K	$712K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1088	+0.075%	$726K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0950	−0.077%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0974	−0.050%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1086	+0.072%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0944	−0.083%	$32K	—	3x	as long as short
Hyperliquid UNI	+0.0135%	1h	9.1137	+0.129%	$98.9M	$60.5M	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0183%	1h	9.0977	−0.048%	$590K	$188K	50x	as long as short
Coinbase International UNI-PERP-INTXlong	+0.0312%	1h	9.1020	long leg	$1.1M	$4.7M	50x
Reya UNIRUSDPERP	+0.0368%	1h	9.0926	−0.103%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0993	−0.030%	$648K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0421%	1h	9.0982	−0.041%	$5.1M	$6.9M	50x	as long as short
Lighter UNI	+0.0464%	1h	9.1165	+0.159%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.0952%	1h	9.0908	−0.123%	$991	$48K	10x	as long as short