UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.05 per $10,000 · paid last 24h −0.001%

Price spread now: Nado against SoDEX+0.082%7-day average −0.037% · 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−$20as in the Price arb table

costs, in and out, $10k−$310.314% of the position

Long on SoDEX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.005%−$1 on $10k

Price spread, last 4 days (all we have)−0.258%−$26 · spread now +0.082%, 7d avg −0.037%

Together, before fees−0.263%+ Points / potential airdropNado: Active · farm board−$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.119% dearer against SoDEX than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of −0.037%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.4 days. At the pace of the last 3 days (−0.005% in total) that is about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX UNI-USD	8.8932	0.0100	pay 0.0013% / 1h	16m 20s	$32K	$887K	10x
Short	Nado UNI-PERP	8.9005	0.0058	get 0.0007% / 1h	16m 20s	$739K	$4.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.082%Rate

Funding earned: −$8.85
Price spread: +0.082% → −0.037%: $11.89
Slippage, 4 orders: −$16.43
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$28.39
Costs to cover: 0.314%
Break-even: never at this rate

Slippage from SoDEX: live order book, 27 min ago; Nado: live order book, 3 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 SoDEX live order book, 27 min ago	0.56 bp	10.0 bp −$10	29.1 bp −$291	doesn't fit	doesn't fit
Sell Nado live order book, 3 min ago	0.06 bp	4.7 bp −$5	11.7 bp −$117	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
Polymarket Perps UNI-USD	−0.0109%	1h	8.8932	0.000%	$107K	$618K	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.9005	+0.082%	$4.7M	$8.6M	50x	as long as short
01 Exchange UNIUSD	−0.0016%	1h	8.9063	+0.147%	$444	$5	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9048	+0.130%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.711%	$660	$153K	12x	as long as short
Nado UNI-PERPshort	+0.0058%	1h	8.9005	+0.082%	$739K	$4.7M	10x
Deribit UNI_USDC-PERPETUAL	+0.0089%	1h	8.8997	+0.073%	$586K	$250K	50x	as long as short
Lighter UNI	+0.0096%	1h	8.9073	+0.159%	$4.5M	$5.7M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8997	+0.073%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9000	+0.076%	$729K	$3.6M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.9023	+0.102%	$285K	$590K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8940	+0.009%	$214.8M	$657.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8930	−0.002%	$98.7M	$111.3M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8940	+0.009%	$54.0M	$265.0M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9020	+0.099%	$317K	$695K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8950	+0.020%	$25.1M	$66.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8980	+0.054%	$48.9M	$26.6M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8970	+0.043%	$13.0M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8980	+0.054%	$32.5M	$45.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8940	+0.009%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9129	+0.222%	$1.1M	$2.5M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9139	+0.233%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9141	+0.235%	$169K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9130	+0.223%	$624K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9210	+0.313%	$90K	$710K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9070	+0.155%	$15K	$3.4M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8960	+0.031%	$16K	$1.9M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9018	+0.097%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USDlong	+0.0100%	1h	8.8932	long leg	$32K	$887K	10x
HTX UNI-USDT	+0.0100%	8h	8.9002	+0.079%	$696K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8950	+0.020%	$26.8M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8900	−0.036%	$294K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8950	+0.020%	$32K	—	3x	as long as short
Hyperliquid UNI	+0.0189%	1h	8.9073	+0.159%	$94.7M	$67.5M	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0192%	1h	8.9040	+0.121%	$927K	$5.5M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8960	+0.031%	$10.0M	$3.6M	75x	as long as short
dYdX UNI-USD	+0.0309%	1h	8.8984	+0.058%	$234K	$30K	10x	as long as short
Reya UNIRUSDPERP	+0.0379%	1h	8.8998	+0.074%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.8971	+0.044%	$633K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0509%	1h	8.9178	+0.277%	$1K	$53K	10x	as long as short