UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h +0.158%

Price spread now: Injective against Nado−1.418%49s7-day average +0.111% · you buy dearer than you sell

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

Long on Nado Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.274%+$27 on $10k

Price spread, last 4 days (all we have)+1.530%+$153 · spread now −1.418%, 7d avg +0.111%

Together, before fees+1.804%+ Points / potential airdropNado: Active · farm board+$180 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.529% cheaper against Nado than usual: you would sell low and buy high (−$153 if the spread goes back to its 7-day average of +0.111%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.274%, so the current rate has only just turned against you. The two prices were read 49 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	Nado UNI-PERP	8.9570	0.0100	pay 0.0012% / 1h	25m 39s	$973K	$4.5M	10x
Short	Injective UNI/USDC PERP	8.8300	0.0033	get 0.0004% / 1h	25m 39s	$660	$154K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Nado. 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 NadobpFee InjectivebpOrdersPrice spread, now −1.418%Rate

Funding earned: −$14
Price spread: −1.418% → +0.111%: −$152.91
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$173.93
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 3 min ago; Injective: 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 Nado live order book, 3 min ago	0.72 bp	6.1 bp −$6	12.9 bp −$129	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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 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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9595	+0.028%	$37K	—	150x	as long as short
01 Exchange UNIUSD	+0.0008%	1h	8.9542	−0.031%	$447	$5	10x	as long as short
Injective UNI/USDC PERPshort	+0.0033%	1h	8.8300	−1.418%	$660	$154K	12x
Deribit UNI_USDC-PERPETUAL	+0.0083%	1h	8.9606	+0.040%	$574K	$208K	50x	as long as short
Lighter UNI	+0.0096%	1h	8.9624	+0.060%	$4.5M	$5.9M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9521	−0.054%	$26K	—	20x	as long as short
Nado UNI-PERPlong	+0.0100%	1h	8.9570	long leg	$973K	$4.5M	10x
Hyperliquid UNI	+0.0100%	1h	8.9593	+0.026%	$95.4M	$64.1M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9579	+0.010%	$785K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9537	−0.036%	$291K	$608K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.9540	−0.033%	$221.0M	$647.5M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9500	−0.078%	$100.4M	$111.9M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9520	−0.056%	$54.7M	$261.0M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9650	+0.089%	$313K	$656K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9530	−0.045%	$23.9M	$64.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9540	−0.033%	$47.9M	$26.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9510	−0.067%	$13.2M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9480	−0.100%	$33.2M	$45.4M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9520	−0.056%	—	$56.6M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9560	−0.011%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9508	−0.069%	$4.2M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9795	+0.251%	$169K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9680	+0.123%	$623K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9820	+0.279%	$92K	$703K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9660	+0.100%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9566	−0.004%	$86K	$437K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9580	+0.011%	$16K	$1.4M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9626	+0.063%	$37K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9519	−0.057%	$29K	$817K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9652	+0.092%	$701K	$4.9M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9530	−0.045%	$27.1M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9469	−0.112%	$285K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9557	−0.015%	$32K	—	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0216%	1h	8.9550	−0.022%	$933K	$5.8M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9620	+0.056%	$10.2M	$3.5M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0272%	1h	8.9562	−0.009%	$4.9M	$8.1M	50x	as long as short
dYdX UNI-USD	+0.0280%	1h	8.9533	−0.041%	$236K	$30K	10x	as long as short
Reya UNIRUSDPERP	+0.0374%	1h	8.9530	−0.044%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.9588	+0.020%	$638K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0792%	1h	8.9766	+0.219%	$949	$45K	10x	as long as short