UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.14 per $10,000 · paid last 24h −0.036%

Price spread now: SoDEX against Coinbase International−0.134%7-day average −0.031% · 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−$56as in the Price arb table

costs, in and out, $10k−$460.456% of the position

Long on Coinbase International Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.068%+$7 on $10k

Price spread, last 4 days (all we have)+0.194%+$19 · spread now −0.134%, 7d avg −0.031%

Together, before fees+0.262%+$26 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SoDEX is 0.103% cheaper against Coinbase International than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.031%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.068%, 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	Coinbase International UNI-PERP-INTX	8.9440	0.0216	pay 0.0027% / 1h	20m 05s	$929K	$5.8M	50x
Short	SoDEX UNI-USD	8.9320	0.0100	get 0.0013% / 1h	20m 05s	$31K	$811K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Coinbase International. 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 Coinbase InternationalbpFee SoDEXbpOrdersPrice spread, now −0.134%Rate

Funding earned: −$24.36
Price spread: −0.134% → −0.031%: −$10.32
Slippage, 4 orders: −$27.61
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$80.29
Costs to cover: 0.456%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 4 min ago; SoDEX: live order book, 34 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 Coinbase International live order book, 4 min ago	5.60 bp	12.7 bp −$13	19.4 bp −$194	78.7 bp −$7,866	doesn't fit
Sell SoDEX live order book, 34 min ago	0.55 bp	10.3 bp −$10	27.5 bp −$275	132.8 bp −$13.3K	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
01 Exchange UNIUSD	0.0000%	1h	8.9362	−0.087%	$446	$5	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9377	−0.071%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.275%	$660	$154K	12x	as long as short
Lighter UNI	+0.0096%	1h	8.9374	−0.074%	$4.5M	$5.9M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9339	−0.112%	$26K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9305	−0.151%	$940K	$4.5M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9325	−0.129%	$94.9M	$64.6M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9293	−0.164%	$781K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9278	−0.182%	$290K	$608K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9250	−0.212%	$219.2M	$648.2M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit UNIUSDT	+0.0100%	8h	8.9220	−0.246%	$100.0M	$111.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9230	−0.235%	$54.2M	$261.2M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9430	−0.011%	$320K	$664K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9240	−0.224%	$23.8M	$64.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9290	−0.168%	$47.4M	$26.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9350	−0.101%	$13.2M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9230	−0.235%	$32.9M	$45.8M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9230	−0.235%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9308	−0.148%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9179	−0.291%	$4.2M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9270	−0.190%	$169K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9410	−0.034%	$621K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9340	−0.112%	$91K	$701K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9330	−0.123%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9365	−0.084%	$87K	$438K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9380	−0.067%	$16K	$1.4M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9406	−0.038%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USDshort	+0.0100%	1h	8.9320	−0.134%	$31K	$811K	10x
HTX UNI-USDT	+0.0100%	8h	8.9500	+0.067%	$694K	$4.9M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9280	−0.179%	$27.0M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9321	−0.133%	$289K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9337	−0.115%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0153%	1h	8.9423	−0.019%	$573K	$208K	50x	as long as short
Coinbase International UNI-PERP-INTXlong	+0.0216%	1h	8.9440	long leg	$929K	$5.8M	50x
BloFin UNI-USDT	+0.0220%	8h	8.9170	−0.302%	$10.2M	$3.6M	75x	as long as short
dYdX UNI-USD	+0.0263%	1h	8.9242	−0.221%	$235K	$30K	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0272%	1h	8.9381	−0.066%	$4.9M	$8.1M	50x	as long as short
Reya UNIRUSDPERP	+0.0375%	1h	8.9330	−0.123%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.9375	−0.073%	$636K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0766%	1h	8.9428	−0.013%	$960	$45K	10x	as long as short