UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.037%

Price spread now: dYdX against Polymarket Perps−0.052%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$930.927% of the position

Long on Polymarket Perps Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.285%+$28 on $10k

Price spread, last 4 days (all we have)−0.972%−$97 · spread now −0.052%, 7d avg −0.032%

Together, before fees−0.687%−$69 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps UNI-USD	9.1090	0.0100	pay 0.0013% / 1h	7m 06s	$87K	$420K	10x
Short	dYdX UNI-USD	9.1043	0.0118	get 0.0015% / 1h	7m 06s	$240K	$31K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.052%Rate

Funding earned: $3.74
Price spread: −0.052% → −0.032%: −$1.96
Slippage, 4 orders: −$74.71
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$90.92
Costs to cover: 0.927%
Break-even: 177.0 days

Slippage from Polymarket Perps: live order book, 55 min ago; dYdX: live order book, 57 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, 55 min ago	2.40 bp	6.6 bp −$7	17.3 bp −$173	doesn't fit	doesn't fit
Sell dYdX live order book, 57 min ago	33.44 bp	38.9 bp −$39	129.8 bp −$1,298	217.8 bp −$21.8K	463.1 bp −$231.5K

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	9.1050	−0.044%	$37K	—	150x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0033%	1h	9.1073	−0.019%	$583K	$193K	50x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.063%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.1134	+0.048%	$455	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1000	−0.099%	$942K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1074	−0.018%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1054	−0.040%	$296K	$580K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1020	−0.077%	$225.4M	$624.1M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0980	−0.121%	$102.4M	$110.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0990	−0.110%	$56.3M	$256.8M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.1200	+0.121%	$289K	$618K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0970	−0.132%	$23.3M	$62.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1000	−0.099%	$49.0M	$25.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1000	−0.099%	$13.7M	$13.0M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0940	−0.165%	$33.5M	$43.7M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0980	−0.121%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1033	−0.063%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1627	+0.590%	$4.3M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1500	+0.450%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1500	+0.450%	$637K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1480	+0.428%	$89K	$695K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1490	+0.439%	$37K	$3.3M	20x	as long as short
Polymarket Perps UNI-USDlong	+0.0100%	1h	9.1090	long leg	$87K	$420K	10x
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1020	−0.077%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1047	−0.047%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1000	−0.099%	$22K	$789K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1099	+0.010%	$714K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1010	−0.088%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1027	−0.069%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0961	−0.142%	$304K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1000	−0.099%	$32K	—	3x	as long as short
dYdX UNI-USDshort	+0.0118%	1h	9.1043	−0.052%	$240K	$31K	10x
BloFin UNI-USDT	+0.0220%	8h	9.1030	−0.066%	$10.4M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.1027	−0.069%	$5.1M	$7.7M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.1150	+0.066%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0371%	1h	9.1030	−0.066%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1061	−0.032%	$648K	—	120x	as long as short
Hyperliquid UNI	+0.0546%	1h	9.1095	+0.005%	$99.3M	$61.7M	10x	as long as short
Lighter UNI	+0.0560%	1h	9.1150	+0.066%	$4.6M	$5.8M	15x	as long as short
Aftermath Perps UNIUSD	+0.1031%	1h	9.1704	+0.674%	$921	$47K	10x	as long as short