UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0093%/8h= −10.1% APRnext payment −$0.12 per $10,000 · paid last 24h −0.034%

Price spread now: Backpack against dYdX+0.044%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$171as in the Funding arb table

Net, price: spread back to 7d avg − costs−$148as in the Price arb table

costs, in and out, $10k−$1501.495% of the position

Long on dYdX Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days−0.214%−$21 on $10k

Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.044%, 7d avg +0.027%

Together, before fees−0.270%−$27 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX UNI-USD	9.1574	0.0193	pay 0.0024% / 1h	9m 24s	$246K	$24K	10x
Short	Backpack UNI_USDC_PERP	9.1615	0.0100	get 0.0013% / 1h	9m 24s	$1.0M	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against dYdX. 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 dYdXbpFee BackpackbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$19.43
Price spread: +0.044% → +0.027%: $1.73
Slippage, 4 orders: −$129.5
Fee dYdX: 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$167.2
Costs to cover: 1.495%
Break-even: never at this rate

Slippage from dYdX: live order book, 65 min ago; Backpack: live order book, 5 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 dYdX live order book, 65 min ago	62.45 bp	67.6 bp −$68	83.1 bp −$831	94.0 bp −$9,403	309.0 bp −$154.5K
Sell Backpack live order book, 5 min ago	0.05 bp	6.8 bp −$7	463.5 bp −$4,635	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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	9.1510	−0.071%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.576%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0088%	1h	9.1545	−0.032%	$457	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1545	−0.032%	$984K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1610	+0.039%	$1.1M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1600	+0.028%	$303K	$586K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1510	−0.070%	$232.2M	$601.2M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1470	−0.114%	$103.1M	$107.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1480	−0.103%	$56.5M	$255.4M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1640	+0.072%	$283K	$617K	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	9.1500	−0.081%	$23.4M	$60.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1500	−0.081%	$47.2M	$24.7M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1500	−0.081%	$13.6M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1450	−0.136%	$33.7M	$43.0M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1490	−0.092%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERPshort	+0.0100%	1h	9.1615	+0.044%	$1.0M	$2.4M	10x
Variational Omni UNI	+0.0100%	8h	9.1470	−0.114%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1505	−0.076%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1708	+0.145%	$639K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1490	−0.092%	$89K	$707K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1500	−0.081%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1546	−0.031%	$85K	$387K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1490	−0.092%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1717	+0.156%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1550	−0.027%	$22K	$711K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1780	+0.224%	$730K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1650	+0.083%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1503	−0.078%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1519	−0.060%	$308K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1626	+0.056%	$33K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0166%	1h	9.1688	+0.124%	$593K	$186K	50x	as long as short
dYdX UNI-USDlong	+0.0193%	1h	9.1574	long leg	$246K	$24K	10x
BloFin UNI-USDT	+0.0220%	8h	9.1460	−0.125%	$10.6M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1750	+0.192%	$1.1M	$4.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0367%	1h	9.1453	−0.133%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	9.1682	+0.118%	$580K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0383%	1h	9.1633	+0.064%	$5.1M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0542%	1h	9.1635	+0.066%	$101.0M	$58.2M	10x	as long as short
Lighter UNI	+0.0952%	1h	9.1766	+0.209%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.1040%	1h	9.1715	+0.154%	$937	$49K	10x	as long as short