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−0.0172%/8h= −18.8% APRnext payment $0.21 per $10,000 · paid last 24h −0.026%
Price spread now: Pacifica against Coinbase International−0.131%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$420.421% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.174%+$17 on $10k
Price spread, last 3 days (all we have)+0.067%+$7 · spread now −0.131%, 7d avg −0.007%
Together, before fees+0.241%+ Points / potential airdropPacifica: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Pacifica is 0.124% cheaper against Coinbase International than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.007%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.174%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International UNI-PERP-INTX9.21300.0272pay 0.0034% / 1h19m 52s$1.1M$4.9M50x
ShortPacifica UNI9.20090.0100get 0.0013% / 1h19m 52s$307K$586K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Coinbase International. 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
−$36.12
Price spread: −0.131% → −0.007%
−$12.38
Slippage, 4 orders
−$24.11
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$90.61
Costs to cover
0.421%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Pacifica: live order book, 54 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 Coinbase International live order book, 4 min ago4.84 bp9.8 bp −$1015.0 bp −$150doesn't fitdoesn't fit
Sell Pacifica live order book, 54 min ago1.67 bp8.5 bp −$8doesn't fitdoesn't fitdoesn'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
Deribit UNI_USDC-PERPETUAL0.0000%1h9.2067−0.069%$595K$185K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.2051−0.086%$39K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−4.157%$660$154K12xas long as short
01 Exchange UNIUSD+0.0072%1h9.2065−0.071%$45910xas long as short
Nado UNI-PERP+0.0100%1h9.1955−0.190%$1.0M$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.1924−0.223%$1.1M$2.9M50xas long as short
Pacifica UNIshort+0.0100%1h9.2009−0.131%$307K$586K10x
Binance UNIUSDT+0.0100%8h9.1964−0.180%$230.8M$603.5M75xas long as short
Bybit UNIUSDT+0.0100%8h9.1870−0.282%$103.5M$107.9M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.1860−0.293%$56.6M$258.4M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h9.2100−0.033%$284K$626K10xas long as short
Gate UNI_USDT+0.0100%8h9.1890−0.261%$23.5M$60.1M75xas long as short
MEXC UNI_USDT+0.0100%8h9.1880−0.271%$46.2M$24.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.1890−0.261%$13.7M$13.6M75xas long as short
Bitget UNIUSDT+0.0100%8h9.1840−0.315%$33.9M$43.2M75xas long as short
BingX UNI-USDT+0.0100%8h9.1870−0.282%$56.7Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.1861−0.292%$1.0M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h9.2000−0.141%$4.2M$4.4Mas long as short
edgeX UNIUSDC+0.0100%4h9.2914+0.851%$175K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.2775+0.700%$648K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.2790+0.716%$91K$707K50xas long as short
StandX UNI-USD+0.0100%1h9.2070−0.065%$57K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.2048−0.089%$85K$384K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.2020−0.119%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.2115−0.016%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.2002−0.139%$22K$717K10xas long as short
HTX UNI-USDT+0.0100%8h9.2068−0.067%$727K$4.4M75xas long as short
Phemex UNIUSDT+0.0100%8h9.1950−0.195%$27.7M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.1899−0.250%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.1844−0.310%$311K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.2040−0.098%$33K3xas long as short
dYdX UNI-USD+0.0133%1h9.1872−0.280%$242K$20K10xas long as short
BloFin UNI-USDT+0.0220%8h9.2020−0.119%$10.3M$3.6M75xas long as short
Coinbase International UNI-PERP-INTXlong+0.0272%1h9.2130long leg$1.1M$4.9M50x
Reya UNIRUSDPERP+0.0366%1h9.1968−0.176%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0323%1h9.2063−0.073%$581K120xas long as short
Kraken Futures PF_UNIUSD+0.0381%1h9.2081−0.053%$5.1M$7.1M50xas long as short
Hyperliquid UNI+0.0554%1h9.1962−0.182%$101.3M$59.8M10xas long as short
Lighter UNI+0.0960%1h9.2038−0.100%$4.7M$5.3M15xas long as short
Aftermath Perps UNIUSD+0.1035%1h9.2424+0.319%$935$49K10xas long as short