UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0223%/8h= +24.4% APRnext payment +$0.28 per $10,000 · paid last 24h +0.077%

Price spread now: GMX against SoDEX+0.116%7-day average +0.037% · you sell dearer than you buy

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

Long on SoDEX Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.080%+$8 on $10k

Price spread, last 3 days (all we have)−0.193%−$19 · spread now +0.116%, 7d avg +0.037%

Together, before fees−0.112%−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and GMX is 0.079% dearer against SoDEX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX UNI-USD	8.9927	0.0100	pay 0.0013% / 1h	50m 02s	$21K	$680K	10x
Short	GMX UNI/USD [UNI-USDC]	9.0031	L +0.0382% / S −0.0323%	get 0.0040% / 1h	50m 02s	$571K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against SoDEX. 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 SoDEXbpFee GMXbpOrdersPrice spread, now +0.116%Rate

Funding earned: $46.74
Price spread: +0.116% → +0.037%: $7.87
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $34.61
Costs to cover: 0.200%
Break-even: 1.8 days

Slippage unknown: SoDEX: live order book, 24 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 SoDEX live order book, 24 min ago	0.56 bp	9.3 bp −$9	28.7 bp −$287	138.8 bp −$13.9K	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 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
ApeX Omni UNIUSDT	−0.0151%	1h	8.9820	−0.119%	$88K	$707K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0046	+0.132%	$62K	—	150x	as long as short
01 Exchange UNIUSD	+0.0032%	1h	9.0199	+0.302%	$450	—	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.809%	$660	$154K	12x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0036%	1h	8.9947	+0.022%	$580K	$178K	50x	as long as short
Gate UNI_USDT	+0.0068%	8h	8.9910	−0.019%	$22.9M	$57.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0091%	8h	8.9860	−0.075%	$55.0M	$248.5M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0175	+0.276%	$952K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0020	+0.103%	$1.0M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0044	+0.131%	$299K	$591K	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	8.9904	−0.025%	$222.6M	$591.5M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9870	−0.063%	$101.3M	$106.3M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0170	+0.270%	$267K	$618K	10x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9910	−0.019%	$44.0M	$23.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9930	+0.003%	$13.6M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9850	−0.086%	$33.0M	$42.0M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9930	+0.003%	—	$52.1M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9990	+0.070%	$1.1M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9871	−0.062%	$4.1M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9772	−0.172%	$169K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0021	+0.105%	$633K	$2.5M	10x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9860	−0.075%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0220	+0.326%	$85K	$376K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9900	−0.030%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0101	+0.193%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USDlong	+0.0100%	1h	8.9927	long leg	$21K	$680K	10x
HTX UNI-USDT	+0.0100%	8h	9.0040	+0.126%	$723K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9970	+0.048%	$27.1M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0025	+0.109%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9842	−0.095%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9907	−0.022%	$32K	—	3x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9980	+0.059%	$10.0M	$3.5M	75x	as long as short
Hyperliquid UNI	+0.0243%	1h	9.0062	+0.150%	$98.6M	$59.6M	10x	as long as short
dYdX UNI-USD	+0.0264%	1h	9.0009	+0.092%	$248K	$7K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.0060	+0.148%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0365%	1h	9.0173	+0.274%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]short	L +0.0382% / S −0.0323%	1h	9.0031	+0.116%	$571K	—	120x
Kraken Futures PF_UNIUSD	+0.0390%	1h	8.9980	+0.059%	$5.0M	$6.9M	50x	as long as short
Lighter UNI	+0.0640%	1h	9.0112	+0.206%	$4.6M	$5.2M	15x	as long as short
Aftermath Perps UNIUSD	+0.0834%	1h	9.0038	+0.124%	$1K	$49K	10x	as long as short