UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0279%/8h= −30.5% APRnext payment −$0.35 per $10,000 · paid last 24h −0.034%

Price spread now: SoDEX against GMX−0.019%7-day average −0.038% · you buy dearer than you sell

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

Long on GMX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.198%−$20 on $10k

Price spread, last 3 days (all we have)+0.128%+$13 · spread now −0.019%, 7d avg −0.038%

Together, before fees−0.070%−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX UNI/USD [UNI-USDC]	8.8062	L +0.0379% / S −0.0319%	pay 0.0047% / 1h	44m 58s	$551K	—	120x
Short	SoDEX UNI-USD	8.8045	0.0100	get 0.0013% / 1h	44m 58s	$25K	$668K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against GMX. 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 GMXbpFee SoDEXbpOrdersPrice spread, now −0.019%Rate

Funding earned: −$58.58
Price spread: −0.019% → −0.038%: $1.88
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$76.7
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; SoDEX: live order book, 39 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell SoDEX live order book, 39 min ago	0.56 bp	10.0 bp −$10	28.1 bp −$281	139.3 bp −$13.9K	doesn't fit

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	−0.0078%	8h	8.7827	−0.267%	$3.9M	$4.7M	—	as long as short
Bybit UNIUSDT	−0.0034%	8h	8.8060	−0.002%	$100.6M	$104.6M	75x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8072	+0.012%	$79K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0033%	8h	8.8070	+0.009%	$54.5M	$243.3M	50x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.7900	−0.184%	$657	$96K	12x	as long as short
01 Exchange UNIUSD	+0.0040%	1h	8.8050	−0.013%	$439	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0055%	1h	8.8113	+0.058%	$561K	$157K	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8019	−0.048%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8012	−0.056%	$856K	$4.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8108	+0.052%	$1.0M	$3.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.8037	−0.028%	$296K	$579K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8082	+0.023%	$216.3M	$590.4M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8080	+0.021%	$271K	$606K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8080	+0.021%	$22.9M	$58.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8050	−0.013%	$42.4M	$24.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8060	−0.002%	$13.5M	$13.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8060	−0.002%	$32.1M	$41.3M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.8040	−0.025%	—	$52.1M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8091	+0.033%	$975K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.7803	−0.294%	$165K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.7853	−0.237%	$612K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.7890	−0.195%	$87K	$715K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.7910	−0.172%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8036	−0.029%	$87K	$350K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8050	−0.013%	$15K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8096	+0.039%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USDshort	+0.0100%	1h	8.8045	−0.019%	$25K	$668K	10x
HTX UNI-USDT	+0.0100%	8h	8.8096	+0.039%	$723K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8000	−0.070%	$26.5M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8051	−0.012%	$299K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8060	−0.002%	$31K	$1K	3x	as long as short
dYdX UNI-USD	+0.0179%	1h	8.8021	−0.046%	$244K	$6K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8070	+0.009%	$9.8M	$3.3M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0224%	1h	8.8120	+0.066%	$1.0M	$5.2M	50x	as long as short
Hyperliquid UNI	+0.0325%	1h	8.8173	+0.127%	$96.4M	$59.6M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0344%	1h	8.8102	+0.046%	$4.9M	$6.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0361%	1h	8.8007	−0.062%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]long	L +0.0379% / S −0.0319%	1h	8.8062	long leg	$551K	—	120x
Lighter UNI	+0.0520%	1h	8.8231	+0.192%	$4.5M	$5.2M	15x	as long as short
Aftermath Perps UNIUSD	+0.0623%	1h	8.7942	−0.136%	$1K	$49K	10x	as long as short