Funding you earn now, next payment 23:00 UTC+0.0215%/8h= +23.6% APRnext payment +$0.27 per $10,000 · paid last 24h +0.068%
Price spread now: GMX against Extended+0.017%7-day average +0.104% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.064%+$6 on $10k
+Price spread, last 3 days (all we have)+0.113%+$11 · spread now +0.017%, 7d avg +0.104%
=Together, before fees+0.177%+ Points / potential airdropExtended: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.088% cheaper against Extended than usual: you would sell low and buy high (spread +0.017% now, against its 7-day average of +0.104%). If the spread goes back, that is −$9 on $10k: about 33 hours of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.064% in total) that is about 4.3 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.064% in total (about 7.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended UNI-USD | 8.9172 | 0.0104 | pay 0.0013% / 1h | 14m 29s | $302K | $1.5M | 25x |
| Short | GMX UNI/USD [UNI-USDC] | 8.9186 | L +0.0379% / S −0.0319% | get 0.0040% / 1h | 14m 29s | $559K | — | 120x |
Extended UNI-USD
GMX UNI/USD [UNI-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $45.18
- Price spread: +0.017% → +0.104%
- −$8.77
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $19.41
- Costs to cover
- 0.170%
- Break-even
- 4.0 days
Slippage unknown: Extended: live order book, 4 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 Extended live order book, 4 min ago | 0.06 bp | 4.5 bp −$4 | 10.0 bp −$100 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0045% | 8h | 8.9174 | +0.002% | $3.9M | $4.5M | — | as long as short |
| Bybit UNIUSDT | +0.0004% | 8h | 8.9150 | −0.024% | $101.6M | $104.6M | 75x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.9202 | +0.034% | $62K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.978% | $660 | $155K | 12x | as long as short |
| OKX UNI-USDT-SWAP | +0.0048% | 8h | 8.9150 | −0.024% | $55.1M | $246.0M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0064% | 1h | 8.9221 | +0.055% | $445 | — | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9182 | +0.011% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9205 | +0.037% | $945K | $4.0M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9300 | +0.144% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9252 | +0.090% | $301K | $577K | 10x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.9173 | +0.001% | $219.1M | $589.1M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9260 | +0.099% | $275K | $621K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9220 | +0.054% | $23.2M | $58.7M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9240 | +0.077% | $43.2M | $24.5M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9220 | +0.054% | $13.6M | $13.8M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9160 | −0.013% | $32.3M | $41.3M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.9200 | +0.032% | — | $51.7M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9264 | +0.103% | $991K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8836 | −0.376% | $167K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8880 | −0.327% | $627K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8860 | −0.350% | $88K | $712K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9200 | +0.032% | $106K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9186 | +0.016% | $86K | $354K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9160 | −0.013% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9233 | +0.069% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9221 | +0.055% | $25K | $666K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9382 | +0.236% | $733K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9190 | +0.021% | $26.8M | $4.4M | 50x | as long as short |
| Extended UNI-USDlong | +0.0104% | 1h | 8.9172 | long leg | $302K | $1.5M | 25x | |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9209 | +0.041% | $32K | $1K | 3x | as long as short |
| dYdX UNI-USD | +0.0117% | 1h | 8.9253 | +0.091% | $247K | $6K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0119% | 1h | 8.9238 | +0.074% | $567K | $157K | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9220 | +0.054% | $9.9M | $3.4M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0224% | 1h | 8.9310 | +0.155% | $1.1M | $5.3M | 50x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0339% | 1h | 8.9329 | +0.177% | $5.0M | $7.0M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0362% | 1h | 8.9150 | −0.025% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC]short | L +0.0379% / S −0.0319% | 1h | 8.9186 | +0.017% | $559K | — | 120x | |
| Hyperliquid UNI | +0.0395% | 1h | 8.9392 | +0.247% | $98.4M | $59.3M | 10x | as long as short |
| Lighter UNI | +0.0632% | 1h | 8.9416 | +0.274% | $4.6M | $5.2M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0644% | 1h | 8.8937 | −0.263% | $1K | $49K | 10x | as long as short |
Binance UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Aevo UNI-PERP
dYdX UNI-USD
Deribit UNI_USDC-PERPETUAL
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
Hyperliquid UNI
Lighter UNI
Aftermath Perps UNIUSD