UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0604%/8h= +66.2% APRnext payment +$0.76 per $10,000 · paid last 24h −0.121%

Price spread now: dYdX against Injective−0.161%98s7-day average −0.004% · you buy dearer than you sell

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

Long on Injective Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.693%+$69 on $10k

Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.161%, 7d avg −0.004%

Together, before fees+0.750%+$75 on $10k · with fees, hour by hour

Funding pays, the price is against you. dYdX is 0.157% cheaper against Injective than usual: you would sell low and buy high (spread −0.161% now, against its 7-day average of −0.004%). If the spread goes back, that is −$16 on $10k: about 21 hours of funding at the current rate (+$18 a day). The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective UNI/USDC PERP	8.8300	0.0033	pay 0.0004% / 1h	53m 28s	$660	$147K	12x
Short	dYdX UNI-USD	8.8158	0.0638	get 0.0080% / 1h	53m 28s	$231K	$32K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Injective. 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 InjectivebpFee dYdXbpOrdersPrice spread, now −0.161%Rate

Funding earned: $126.88
Price spread: −0.161% → −0.004%: −$15.67
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee dYdX: 5 bp × 2 orders: −$10
Net: $101.18
Costs to cover: 0.100%
Break-even: 1.4 days

Slippage unknown: Injective: no order-book sample; dYdX: live order book, 58 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 Injective no order-book sample	—	—	—	—	—
Sell dYdX live order book, 58 min ago	32.76 bp	37.8 bp −$38	125.8 bp −$1,258	188.9 bp −$18.9K	413.0 bp −$206.5K

Injective: 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 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	8.8238	−0.070%	$584K	$217K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	8.8200	−0.113%	$76K	—	150x	as long as short
Injective UNI/USDC PERPlong	+0.0033%	1h	8.8300	long leg	$660	$147K	12x
Nado UNI-PERP	+0.0045%	1h	8.8130	−0.193%	$712K	$3.9M	10x	as long as short
Lighter UNI	+0.0096%	1h	8.8296	−0.005%	$4.4M	$4.8M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8125	−0.198%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8209	−0.103%	$741K	$2.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8180	−0.135%	$287K	$467K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8160	−0.159%	$213.8M	$567.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8130	−0.193%	$97.5M	$97.4M	75x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8130	−0.193%	$54.5M	$227.3M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8240	−0.068%	$323K	$515K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8160	−0.159%	$27.7M	$54.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8180	−0.136%	$46.3M	$20.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8180	−0.136%	$12.9M	$11.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8130	−0.193%	$32.8M	$42.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8130	−0.193%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8244	−0.063%	$1.1M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8262	−0.042%	$4.1M	$2.7M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8372	+0.081%	$167K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8280	−0.023%	$619K	$2.2M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8360	+0.068%	$89K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8250	−0.057%	$93K	$3.5M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8141	−0.180%	$105K	$574K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8160	−0.159%	$16K	$2.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8284	−0.018%	$36K	$1.1M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8184	−0.131%	$32K	$725K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8286	−0.016%	$697K	$4.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8170	−0.147%	$26.6M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8081	−0.248%	$298K	$1.7M	25x	as long as short
01 Exchange UNIUSD	+0.0104%	1h	8.8199	−0.114%	$440	$56	10x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8180	−0.136%	$31K	—	3x	as long as short
Kraken Futures PF_UNIUSD	+0.0131%	1h	8.8241	−0.067%	$4.7M	$7.7M	50x	as long as short
Hyperliquid UNI	+0.0199%	1h	8.8272	−0.032%	$95.0M	$60.6M	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8290	−0.011%	$10.0M	$3.4M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0240%	1h	8.8470	+0.193%	$924K	$4.4M	50x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.8164	−0.154%	$628K	—	120x	as long as short
Reya UNIRUSDPERP	+0.0386%	1h	8.8135	−0.186%	$16K	—	20x	as long as short
Aftermath Perps UNIUSD	+0.0577%	1h	8.8394	+0.107%	$1K	$49K	10x	as long as short
dYdX UNI-USDshort	+0.0638%	1h	8.8158	−0.161%	$231K	$32K	10x