UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0641%/8h= −70.2% APRnext payment −$0.80 per $10,000 · paid last 24h −0.035%

Price spread now: Nado against dYdX−0.042%7-day average −0.009% · 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−$90as in the Price arb table

costs, in and out, $10k−$870.865% of the position

Long on dYdX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.291%−$29 on $10k

Price spread, last 4 days (all we have)+0.766%+$77 · spread now −0.042%, 7d avg −0.009%

Together, before fees+0.476%+ Points / potential airdropNado: Active · farm board+$48 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Nado is 0.033% cheaper against dYdX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.009%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX UNI-USD	8.8100	0.0664	pay 0.0083% / 1h	50m 24s	$231K	$32K	10x
Short	Nado UNI-PERP	8.8063	0.0023	get 0.0003% / 1h	50m 24s	$711K	$3.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.042%Rate

Funding earned: −$134.54
Price spread: −0.042% → −0.009%: −$3.33
Slippage, 4 orders: −$69.5
Fee dYdX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$224.37
Costs to cover: 0.865%
Break-even: never at this rate

Slippage from dYdX: live order book, 61 min ago; Nado: live order book, 1 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, 61 min ago	32.76 bp	37.8 bp −$38	37.8 bp −$378	139.3 bp −$13.9K	376.7 bp −$188.3K
Sell Nado live order book, 1 min ago	0.57 bp	5.7 bp −$6	12.9 bp −$129	doesn't fit	doesn't fit

UNI on 40 exchanges

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
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8146	+0.053%	$583K	$216K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	8.8160	+0.068%	$76K	—	150x	as long as short
Nado UNI-PERPshort	+0.0023%	1h	8.8063	−0.042%	$711K	$3.9M	10x
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	+0.227%	$660	$147K	12x	as long as short
Lighter UNI	+0.0096%	1h	8.8222	+0.139%	$4.4M	$4.8M	15x	as long as short
01 Exchange UNIUSD	+0.0096%	1h	8.8130	+0.034%	$440	$56	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8052	−0.054%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8160	+0.068%	$741K	$2.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8111	+0.013%	$287K	$467K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8100	0.000%	$213.7M	$566.4M	75x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit UNIUSDT	+0.0100%	8h	8.8070	−0.034%	$97.5M	$97.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8060	−0.045%	$54.4M	$225.8M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8180	+0.091%	$323K	$515K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8110	+0.012%	$27.7M	$54.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8120	+0.023%	$46.2M	$20.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8140	+0.046%	$12.9M	$11.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8060	−0.045%	$32.8M	$42.0M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.8080	−0.022%	—	$50.2M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8150	+0.057%	$1.1M	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.7993	−0.122%	$4.1M	$2.7M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8148	+0.055%	$166K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8156	+0.064%	$618K	$2.2M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8200	+0.114%	$89K	$712K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8070	−0.034%	$93K	$3.5M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8115	+0.017%	$105K	$573K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8080	−0.022%	$16K	$2.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8092	−0.009%	$36K	$1.1M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8065	−0.039%	$32K	$725K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8223	+0.140%	$697K	$4.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8070	−0.034%	$26.6M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8030	−0.079%	$298K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8095	−0.005%	$31K	—	3x	as long as short
Kraken Futures PF_UNIUSD	+0.0131%	1h	8.8149	+0.056%	$4.7M	$7.6M	50x	as long as short
Hyperliquid UNI	+0.0174%	1h	8.8233	+0.151%	$94.9M	$60.6M	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8060	−0.045%	$10.0M	$3.4M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0240%	1h	8.8160	+0.068%	$921K	$4.3M	50x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.8137	+0.043%	$627K	—	120x	as long as short
Reya UNIRUSDPERP	+0.0386%	1h	8.8008	−0.104%	$16K	—	20x	as long as short
Aftermath Perps UNIUSD	+0.0573%	1h	8.8244	+0.163%	$1K	$49K	10x	as long as short
dYdX UNI-USDlong	+0.0664%	1h	8.8100	long leg	$231K	$32K	10x