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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against BingX−0.056%111s7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.455% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.287%+$29 on $10k
Price spread, last 4 days (all we have)+0.244%+$24 · spread now −0.056%, 7d avg +0.037%
Together, before fees+0.531%+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.093% cheaper against BingX than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of +0.037%). If the spread goes back, that is −$9 on $10k: about 2.6 days of funding at the current rate (+$4 a day). The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX UNI-USDC8.99200.0100pay 0.0100% / 8h3h 31m$6.5M
ShortBloFin UNI-USDT8.98700.0220get 0.0220% / 8h3h 31m$10.3M$3.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
$25.2
Price spread: −0.056% → +0.037%
−$9.3
Slippage, 4 orders
−$23.51
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$29.6
Costs to cover
0.455%
Break-even
15.2 days
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 2 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 BingX live order book, 5 min ago1.12 bp11.9 bp −$1231.1 bp −$31183.2 bp −$8,319706.0 bp −$353.0K
Sell BloFin live order book, 2 min ago1.11 bp10.5 bp −$1017.0 bp −$17047.4 bp −$4,737doesn'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
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9874−0.051%$37K150xas long as short
01 Exchange UNIUSD+0.0024%1h8.9831−0.099%$448$510xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.802%$660$154K12xas long as short
Lighter UNI+0.0096%1h8.9828−0.102%$4.5M$5.9M15xas long as short
Nado UNI-PERP+0.0100%1h8.9785−0.150%$978K$4.5M10xas long as short
Hyperliquid UNI+0.0100%1h8.9972+0.058%$95.9M$64.0M10xas long as short
Aster UNIUSDT+0.0100%8h8.9890−0.034%$794K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.9734−0.207%$290K$607K10xas long as short
Binance UNIUSDT+0.0100%8h8.9900−0.022%$222.0M$646.4M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9900−0.022%$100.9M$111.9M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX UNI-USDT-SWAP+0.0100%8h8.9880−0.044%$54.8M$262.2M50xas long as short
Arcus UNI-USD+0.0100%1h8.9900−0.022%$314K$653K10xas long as short
Gate UNI_USDT+0.0100%8h8.99200.000%$23.9M$63.9M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9830−0.100%$48.2M$25.8M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9870−0.056%$13.3M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9930+0.011%$33.4M$45.5M75xas long as short
BingX UNI-USDClong+0.0100%8h8.9920long leg$6.5M
Backpack UNI_USDC_PERP+0.0100%1h8.9737−0.204%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h8.9719−0.223%$4.2M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h9.0083+0.182%$170K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9850−0.078%$624K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0140+0.245%$92K$703K50xas long as short
StandX UNI-USD+0.0100%1h8.9850−0.078%$15K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9893−0.030%$86K$435K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9900−0.022%$16K$1.4M10xas long as short
SunX UNI-USDT+0.0100%8h8.9956+0.040%$37K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.99200.000%$30K$817K10xas long as short
HTX UNI-USDT+0.0100%8h9.0040+0.133%$704K$4.9M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9910−0.011%$27.2M$4.4M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9645−0.306%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9871−0.054%$286K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9925+0.006%$32K3xas long as short
Coinbase International UNI-PERP-INTX+0.0216%1h8.9810−0.122%$940K$5.8M50xas long as short
BloFin UNI-USDTshort+0.0220%8h8.9870−0.056%$10.3M$3.6M75x
Kraken Futures PF_UNIUSD+0.0270%1h8.9982+0.069%$4.9M$8.1M50xas long as short
dYdX UNI-USD+0.0276%1h8.9725−0.217%$236K$30K10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0304%1h8.9971+0.056%$577K$208K50xas long as short
Reya UNIRUSDPERP+0.0374%1h8.9856−0.071%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.9887−0.037%$639K120xas long as short
Aftermath Perps UNIUSD+0.0823%1h8.9933+0.015%$953$45K10xas long as short