UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h +0.170%

Price spread now: Injective against Polymarket Perps−3.964%7-day average +0.182% · you buy dearer than you sell

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

Long on Polymarket Perps Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.478%−$48 on $10k

Price spread, last 3 days (all we have)+4.061%+$406 · spread now −3.964%, 7d avg +0.182%

Together, before fees+3.582%+$358 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 4.146% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$415 if the spread goes back to its 7-day average of +0.182%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps UNI-USD	9.1945	0.0100	pay 0.0013% / 1h	2m 40s	$88K	$406K	10x
Short	Injective UNI/USDC PERP	8.8300	0.0033	get 0.0004% / 1h	2m 40s	$660	$154K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpOrdersPrice spread, now −3.964%Rate

Funding earned: −$14
Price spread: −3.964% → +0.182%: −$414.62
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$436.64
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 65 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 Polymarket Perps live order book, 65 min ago	2.46 bp	7.3 bp −$7	8.3 bp −$83	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 39 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 −0.0007%	1h	9.1888	−0.062%	$26K	—	150x	as long as short
Injective UNI/USDC PERPshort	+0.0033%	1h	8.8300	−3.964%	$660	$154K	12x
01 Exchange UNIUSD	+0.0072%	1h	9.1964	+0.021%	$459	$5	10x	as long as short
dYdX UNI-USD	+0.0077%	1h	9.1842	−0.112%	$242K	$30K	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1927	−0.019%	$975K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1858	−0.095%	$1.1M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1860	−0.092%	$300K	$568K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1844	−0.110%	$229.9M	$608.6M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1790	−0.169%	$103.1M	$107.3M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1810	−0.147%	$56.8M	$255.7M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.1940	−0.005%	$291K	$618K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1810	−0.147%	$23.5M	$59.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1840	−0.114%	$49.8M	$26.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1850	−0.103%	$13.8M	$12.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1800	−0.158%	$33.6M	$42.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1830	−0.125%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1784	−0.175%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1159	−0.855%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1120	−0.897%	$172K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1496	−0.489%	$636K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1140	−0.876%	$89K	$700K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1620	−0.353%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USDlong	+0.0100%	1h	9.1945	long leg	$88K	$406K	10x
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1940	−0.005%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1964	+0.021%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1951	+0.007%	$22K	$727K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.2028	+0.090%	$731K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1850	−0.103%	$27.7M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1785	−0.174%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1795	−0.163%	$304K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1943	−0.002%	$33K	—	3x	as long as short
Hyperliquid UNI	+0.0271%	1h	9.1997	+0.057%	$100.1M	$59.0M	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.1940	−0.005%	$1.1M	$4.7M	50x	as long as short
Reya UNIRUSDPERP	+0.0369%	1h	9.1880	−0.071%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1886	−0.064%	$654K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0417%	1h	9.2027	+0.089%	$5.1M	$6.9M	50x	as long as short
Lighter UNI	+0.0520%	1h	9.1993	+0.052%	$4.7M	$5.3M	15x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0619%	1h	9.1997	+0.057%	$597K	$188K	50x	as long as short
Aftermath Perps UNIUSD	+0.0921%	1h	9.1365	−0.631%	$1K	$48K	10x	as long as short