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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0146%/8h= −16.0% APRnext payment $1.46 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against Binance−0.048%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$310.305% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 7 days+0.008%+$1 · spread now −0.048%, 7d avg −0.061%
Together, before fees−0.022%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.061%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance UNIUSDT8.81730.0100pay 0.0100% / 8h1h 55m$216.1M$597.6M75x
ShortBybit UNIUSDT8.8130−0.0046pay 0.0046% / 8h1h 55m$100.7M$106.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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
−$30.73
Price spread: −0.048% → −0.061%
$1.25
Slippage, 4 orders
−$9.51
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$59.99
Costs to cover
0.305%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; Bybit: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 3 min ago0.57 bp6.1 bp −$610.4 bp −$10435.4 bp −$3,537162.9 bp −$81.4K
Sell Bybit live order book, 3 min ago0.57 bp8.9 bp −$915.6 bp −$15647.3 bp −$4,732doesn't fit

UNI on 40 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
Variational Omni UNI−0.0101%8h8.7671−0.569%$3.9M$4.6Mas long as short
Bybit UNIUSDTshort−0.0046%8h8.8130−0.048%$100.7M$106.3M75x
dYdX UNI-USD0.0000%1h8.8172−0.001%$244K$6K10xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.8175+0.003%$562K$157K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.8137−0.041%$79K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.7900−0.309%$657$96K12xas long as short
OKX UNI-USDT-SWAP+0.0036%8h8.8120−0.060%$54.5M$246.2M50xas long as short
01 Exchange UNIUSD+0.0088%1h8.8162−0.012%$44010xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8121−0.058%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8085−0.099%$843K$4.1M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster UNIUSDT+0.0100%8h8.8220+0.054%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.8183+0.011%$298K$575K10xas long as short
Binance UNIUSDTlong+0.0100%8h8.8173long leg$216.1M$597.6M75x
Arcus UNI-USD+0.0100%1h8.8220+0.054%$272K$612K10xas long as short
Gate UNI_USDT+0.0100%8h8.8150−0.026%$22.9M$58.2M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8150−0.026%$42.5M$24.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8150−0.026%$13.5M$13.9M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8130−0.048%$31.9M$41.6M75xas long as short
BingX UNI-USDC+0.0100%8h8.8130−0.048%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8182+0.011%$980K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.7781−0.445%$165K$341K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.7671−0.569%$612K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.7770−0.457%$83K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.7880−0.332%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8137−0.040%$86K$348K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8100−0.082%$15K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8135−0.043%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8109−0.072%$25K$668K10xas long as short
HTX UNI-USDT+0.0100%8h8.8197+0.028%$723K$4.4M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8120−0.060%$26.5M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8091−0.092%$299K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8131−0.047%$31K$1K3xas long as short
BloFin UNI-USDT+0.0220%8h8.7800−0.423%$9.8M$3.3M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.8180+0.008%$1.0M$5.3M50xas long as short
Kraken Futures PF_UNIUSD+0.0343%1h8.8163−0.011%$4.9M$7.2M50xas long as short
Reya UNIRUSDPERP+0.0361%1h8.8086−0.099%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0320%1h8.8128−0.051%$553K120xas long as short
Hyperliquid UNI+0.0389%1h8.8307+0.152%$96.6M$60.0M10xas long as short
Aftermath Perps UNIUSD+0.0640%1h8.7994−0.202%$1K$49K10xas long as short
Lighter UNI+0.0720%1h8.8359+0.211%$4.5M$5.2M15xas long as short