UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0254%/8h= −27.8% APRnext payment −$0.32 per $10,000 · paid last 24h −0.036%

Price spread now: Pacifica against Hyperliquid−0.184%7-day average −0.078% · you buy dearer than you sell

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

Long on Hyperliquid Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.151%−$15 on $10k

Price spread, last 7 days+0.088%+$9 · spread now −0.184%, 7d avg −0.078%

Together, before fees−0.063%+ Points / potential airdropHyperliquid: Season 2 · Pacifica: Active · farm board−$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Pacifica is 0.105% cheaper against Hyperliquid than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.078%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.151% in total (about -7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.32 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	Hyperliquid UNI	8.8856	0.0354	pay 0.0044% / 1h	43m 33s	$96.6M	$59.8M	10x
Short	Pacifica UNI	8.8693	0.0100	get 0.0013% / 1h	43m 33s	$298K	$559K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Hyperliquid. 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 HyperliquidbpFee PacificabpOrdersPrice spread, now −0.184%Rate

Funding earned: −$53.36
Price spread: −0.184% → −0.078%: −$10.54
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$80.89
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 10 min ago; Pacifica: live order book, 45 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 Hyperliquid live order book, 10 min ago	0.68 bp	6.3 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica live order book, 45 min ago	1.13 bp	12.4 bp −$12	doesn't fit	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
Variational Omni UNI	−0.0198%	8h	8.8235	−0.698%	$3.9M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0179%	8h	8.8640	−0.243%	$102.5M	$104.3M	75x	as long as short
01 Exchange UNIUSD	−0.0032%	1h	8.8644	−0.239%	$442	—	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8680	−0.198%	$80K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0007%	8h	8.8650	−0.232%	$54.6M	$246.0M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0052%	1h	8.8699	−0.177%	$554K	$125K	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8632	−0.252%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8607	−0.280%	$855K	$3.9M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8712	−0.163%	$1.0M	$3.4M	50x	as long as short
Pacifica UNIshort	+0.0100%	1h	8.8693	−0.184%	$298K	$559K	10x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.8587	−0.303%	$217.0M	$593.1M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8720	−0.153%	$274K	$610K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8650	−0.232%	$23.0M	$59.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8660	−0.221%	$42.9M	$24.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8690	−0.187%	$13.8M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8630	−0.254%	$32.0M	$41.0M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.8630	−0.254%	—	$49.8M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8632	−0.252%	$980K	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8325	−0.598%	$166K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8304	−0.621%	$615K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8330	−0.592%	$83K	$711K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8480	−0.423%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8680	−0.198%	$87K	$324K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8610	−0.277%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8674	−0.205%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8578	−0.313%	$25K	$661K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8663	−0.217%	$724K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8600	−0.288%	$26.7M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8613	−0.274%	$300K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8640	−0.243%	$31K	$1K	3x	as long as short
dYdX UNI-USD	+0.0115%	1h	8.8717	−0.156%	$246K	$5K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8640	−0.243%	$1.0M	$5.3M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8310	−0.614%	$9.8M	$3.3M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	8.8670	−0.209%	$5.0M	$7.1M	50x	as long as short
Hyperliquid UNIlong	+0.0354%	1h	8.8856	long leg	$96.6M	$59.8M	10x
Reya UNIRUSDPERP	+0.0359%	1h	8.8629	−0.256%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	8.8675	−0.204%	$555K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0463%	1h	8.8308	−0.617%	$1K	$50K	10x	as long as short
Lighter UNI	+0.0480%	1h	8.8852	−0.005%	$4.5M	$5.4M	15x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−1.076%	$657	$97K	12x	as long as short