UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: Arcus against Polymarket Perps+0.017%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$340.345% of the position

Long on Polymarket Perps Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.358%−$36 · spread now +0.017%, 7d avg +0.040%

Together, before fees−0.355%−$36 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.023% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps UNI-USD	8.9225	0.0096	pay 0.0012% / 1h	34m 40s	$98K	$509K	10x
Short	Arcus UNI-USD	8.9240	0.0100	get 0.0013% / 1h	34m 40s	$318K	$700K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Polymarket Perps. 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 Polymarket PerpsbpFee ArcusbpOrdersPrice spread, now +0.017%Rate

Funding earned: $0.91
Price spread: +0.017% → +0.040%: −$2.3
Slippage, 4 orders: −$21.98
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$35.87
Costs to cover: 0.345%
Break-even: 283.8 days

Slippage from Polymarket Perps: live order book, 13 min ago; Arcus: live order book, 14 min ago.

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 Polymarket Perps live order book, 13 min ago	3.32 bp	7.6 bp −$8	10.4 bp −$104	doesn't fit	doesn't fit
Sell Arcus live order book, 14 min ago	5.60 bp	11.0 bp −$11	13.8 bp −$138	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
Nado UNI-PERP	−0.0137%	1h	8.9170	−0.062%	$832K	$4.7M	10x	as long as short
01 Exchange UNIUSD	−0.0056%	1h	8.9198	−0.030%	$445	$5	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.9251	+0.029%	$4.8M	$8.5M	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9284	+0.066%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.037%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USDlong	+0.0096%	1h	8.9225	long leg	$98K	$509K	10x
Lighter UNI	+0.0096%	1h	8.8981	−0.273%	$4.5M	$5.5M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8845	−0.426%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8903	−0.361%	$753K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8851	−0.420%	$284K	$612K	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	8.8830	−0.443%	$215.8M	$659.4M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8810	−0.465%	$99.2M	$112.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8820	−0.454%	$53.9M	$263.9M	50x	as long as short
Arcus UNI-USDshort	+0.0100%	1h	8.9240	+0.017%	$318K	$700K	10x
Gate UNI_USDT	+0.0100%	8h	8.8900	−0.364%	$24.1M	$65.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8880	−0.387%	$46.7M	$26.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8860	−0.409%	$13.0M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8820	−0.454%	$32.7M	$46.6M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8880	−0.387%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9170	−0.062%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8991	−0.262%	$4.1M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8799	−0.477%	$168K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8997	−0.255%	$621K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8870	−0.398%	$91K	$706K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8880	−0.387%	$15K	$3.4M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9270	+0.050%	$16K	$1.6M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9257	+0.036%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9180	−0.050%	$32K	$857K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9343	+0.132%	$712K	$5.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9190	−0.039%	$27.0M	$4.3M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8881	−0.385%	$287K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9296	+0.080%	$32K	—	3x	as long as short
Hyperliquid UNI	+0.0137%	1h	8.8958	−0.299%	$94.7M	$66.4M	10x	as long as short
dYdX UNI-USD	+0.0143%	1h	8.8906	−0.358%	$234K	$31K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0184%	1h	8.9220	−0.006%	$932K	$5.8M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0210%	1h	8.9344	+0.133%	$572K	$203K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9140	−0.095%	$10.1M	$3.6M	75x	as long as short
Reya UNIRUSDPERP	+0.0376%	1h	8.9223	−0.002%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.9275	+0.056%	$635K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0613%	1h	8.8844	−0.427%	$889	$45K	10x	as long as short