UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0144%/8h= +15.7% APRnext payment +$0.18 per $10,000 · paid last 24h +0.111%

Price spread now: GMX against Polymarket Perps−0.055%7-day average +0.008% · you buy dearer than you sell

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

Long on Polymarket Perps Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.102%+$10 on $10k

Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.055%, 7d avg +0.008%

Together, before fees+0.213%+$21 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.062% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of +0.008%). If the spread goes back, that is −$6 on $10k: about 35 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps UNI-USD	8.8212	0.0100	pay 0.0013% / 1h	54m 06s	$105K	$574K	10x
Short	GMX UNI/USD [UNI-USDC]	8.8164	L +0.0381% / S −0.0244%	get 0.0030% / 1h	54m 06s	$628K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.055%Rate

Funding earned: $30.16
Price spread: −0.055% → +0.008%: −$6.23
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $3.93
Costs to cover: 0.200%
Break-even: 6.1 days

Slippage unknown: Polymarket Perps: live order book, 56 min ago; GMX: 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 Polymarket Perps live order book, 56 min ago	1.88 bp	9.3 bp −$9	11.3 bp −$113	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	+0.029%	$584K	$217K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	8.8200	−0.014%	$76K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	+0.100%	$660	$147K	12x	as long as short
Nado UNI-PERP	+0.0036%	1h	8.8195	−0.019%	$703K	$3.9M	10x	as long as short
Lighter UNI	+0.0096%	1h	8.8327	+0.130%	$4.4M	$4.8M	15x	as long as short
01 Exchange UNIUSD	+0.0096%	1h	8.8259	+0.053%	$440	$56	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8180	−0.036%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8244	+0.036%	$742K	$2.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8230	+0.020%	$287K	$467K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8210	−0.002%	$214.0M	$568.4M	75x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit UNIUSDT	+0.0100%	8h	8.8130	−0.093%	$97.5M	$97.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8140	−0.082%	$54.5M	$227.5M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8310	+0.111%	$324K	$519K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8210	−0.002%	$27.7M	$54.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8200	−0.014%	$46.1M	$20.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8210	−0.002%	$12.9M	$11.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8150	−0.070%	$32.8M	$42.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8150	−0.070%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8244	+0.036%	$1.1M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8262	+0.057%	$4.1M	$2.7M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8372	+0.181%	$167K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8402	+0.216%	$617K	$2.3M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8490	+0.315%	$89K	$712K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8330	+0.134%	$93K	$3.5M	20x	as long as short
Polymarket Perps UNI-USDlong	+0.0100%	1h	8.8212	long leg	$105K	$574K	10x
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8160	−0.059%	$16K	$2.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8284	+0.082%	$36K	$1.1M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8184	−0.032%	$32K	$725K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8286	+0.084%	$697K	$4.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8170	−0.048%	$26.6M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8141	−0.081%	$299K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8180	−0.036%	$31K	—	3x	as long as short
Kraken Futures PF_UNIUSD	+0.0131%	1h	8.8241	+0.033%	$4.7M	$7.7M	50x	as long as short
Hyperliquid UNI	+0.0206%	1h	8.8287	+0.085%	$95.0M	$60.6M	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8290	+0.088%	$10.0M	$3.4M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0240%	1h	8.8470	+0.292%	$924K	$4.4M	50x	as long as short
GMX UNI/USD [UNI-USDC]short	L +0.0381% / S −0.0244%	1h	8.8164	−0.055%	$628K	—	120x
Reya UNIRUSDPERP	+0.0386%	1h	8.8183	−0.033%	$16K	—	20x	as long as short
Aftermath Perps UNIUSD	+0.0577%	1h	8.8394	+0.206%	$1K	$49K	10x	as long as short
dYdX UNI-USD	+0.0697%	1h	8.8224	+0.013%	$231K	$32K	10x	as long as short