Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.18 per $10,000 · paid last 24h +0.079%
Price spread now: GMX against Arcus−0.076%7-day average −0.041% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.083%+$8 on $10k
Price spread, last 3 days (all we have)+0.026%+$3 · spread now −0.076%, 7d avg −0.041%
Together, before fees+0.109%+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.036% cheaper against Arcus than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of −0.041%). If the spread goes back, that is −$4 on $10k: about 20 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus UNI-USD9.12900.0100pay 0.0013% / 1h6m 05s$289K$640K10x
ShortGMX UNI/USD [UNI-USDC]9.1220L +0.0381% / S −0.0244%get 0.0030% / 1h6m 05s$649K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Arcus. 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

Funding earned
$30.22
Price spread: −0.076% → −0.041%
−$3.59
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee GMX: 6 bp × 2 orders
−$12
Net
$10.13
Costs to cover
0.165%
Break-even
4.7 days
Slippage unknown: Arcus: live order book, 63 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
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 63 min ago5.47 bp9.0 bp −$913.3 bp −$133doesn't fitdoesn'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 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.1219−0.078%$19K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−3.275%$660$154K12xas long as short
01 Exchange UNIUSD+0.0072%1h9.1235−0.060%$455$510xas long as short
dYdX UNI-USD+0.0083%1h9.1232−0.064%$240K$30K10xas long as short
Nado UNI-PERP+0.0100%1h9.1125−0.181%$967K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.1328+0.042%$1.1M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.1239−0.056%$298K$568K10xas long as short
Binance UNIUSDT+0.0100%8h9.1352+0.068%$228.6M$611.0M75xas long as short
Bybit UNIUSDT+0.0100%8h9.1340+0.055%$102.4M$107.7M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.1360+0.077%$56.5M$255.9M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USDlong+0.0100%1h9.1290long leg$289K$640K10x
Gate UNI_USDT+0.0100%8h9.12900.000%$23.5M$59.3M75xas long as short
MEXC UNI_USDT+0.0100%8h9.1320+0.033%$49.9M$26.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.1330+0.044%$13.8M$12.8M75xas long as short
Bitget UNIUSDT+0.0100%8h9.1270−0.022%$33.4M$42.8M75xas long as short
BingX UNI-USDT+0.0100%8h9.1300+0.011%$56.9Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.1299+0.010%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h9.1159−0.143%$4.2M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h9.0788−0.550%$171K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0830−0.504%$639K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0740−0.602%$89K$699K50xas long as short
StandX UNI-USD+0.0100%1h9.1080−0.230%$56K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.1213−0.084%$87K$410K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.1240−0.055%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.1300+0.011%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.1241−0.054%$22K$728K10xas long as short
HTX UNI-USDT+0.0100%8h9.1344+0.059%$726K$4.2M75xas long as short
Phemex UNIUSDT+0.0100%8h9.1270−0.022%$27.6M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.1146−0.158%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.1186−0.114%$303K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h9.1253−0.041%$32K3xas long as short
Hyperliquid UNI+0.0241%1h9.1420+0.142%$99.4M$58.9M10xas long as short
Coinbase International UNI-PERP-INTX+0.0312%1h9.1250−0.044%$1.1M$4.8M50xas long as short
Deribit UNI_USDC-PERPETUAL+0.0319%1h9.1291+0.001%$592K$188K50xas long as short
Reya UNIRUSDPERP+0.0369%1h9.1144−0.160%$17K20xas long as short
GMX UNI/USD [UNI-USDC]shortL +0.0381% / S −0.0244%1h9.1220−0.076%$649K120x
Kraken Futures PF_UNIUSD+0.0420%1h9.1292+0.002%$5.1M$6.9M50xas long as short
Lighter UNI+0.0504%1h9.1419+0.141%$4.7M$5.3M15xas long as short
Aftermath Perps UNIUSD+0.0952%1h9.1163−0.139%$1K$48K10xas long as short