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−0.0206%/8h= −22.6% APRpaid last 24h −0.036%
Price spread now: BingX against dYdX+0.069%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1491.493% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.307%−$31 on $10k
Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.069%, 7d avg −0.040%
Together, before fees−0.454%−$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.109% dearer against dYdX than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of −0.040%): +$11 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 42 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX UNI-USD8.94980.0306pay 0.0038% / 1h6m 32s$248K$6K10x
ShortBingX UNI-USDT8.95600.0100get 0.0100% / 8h6m 32s$52.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against dYdX. 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
−$43.31
Price spread: +0.069% → −0.040%
$10.85
Slippage, 4 orders
−$129.33
Fee dYdX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$181.78
Costs to cover
1.493%
Break-even
never at this rate
Slippage from dYdX: live order book, 8 min ago; BingX: live order book, 7 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 dYdX live order book, 8 min ago62.45 bp67.6 bp −$6883.1 bp −$83194.0 bp −$9,403309.0 bp −$154.5K
Sell BingX live order book, 7 min ago1.67 bp6.7 bp −$77.8 bp −$7817.7 bp −$1,77032.0 bp −$16.0K

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
Injective UNI/USDC PERP−0.0049%1h8.8300−1.339%$660$155K12xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9484−0.016%$62K150xas long as short
Variational Omni UNI+0.0082%8h8.9422−0.085%$4.1M$4.4Mas long as short
OKX UNI-USDT-SWAP+0.0086%8h8.9560+0.069%$54.7M$248.8M50xas long as short
Nado UNI-PERP+0.0100%1h8.9480−0.021%$954K$4.2M10xas long as short
Aster UNIUSDT+0.0100%8h8.9591+0.104%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9527+0.032%$296K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.9580+0.091%$221.8M$591.3M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9530+0.035%$101.3M$105.3M75xas long as short
Arcus UNI-USD+0.0100%1h8.9640+0.158%$269K$614K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h8.9530+0.035%$22.8M$59.2M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9590+0.102%$43.9M$24.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9530+0.035%$13.5M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9540+0.047%$32.7M$42.0M75xas long as short
BingX UNI-USDTshort+0.0100%8h8.9560+0.069%$52.1M
Backpack UNI_USDC_PERP+0.0100%1h8.9548+0.055%$1.1M$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h8.9644+0.163%$169K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9730+0.259%$624K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9680+0.203%$88K$710K50xas long as short
StandX UNI-USD+0.0100%1h8.9460−0.043%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9599+0.112%$85K$366K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9460−0.043%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9539+0.045%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9485−0.015%$21K$676K10xas long as short
HTX UNI-USDT+0.0100%8h8.9725+0.253%$718K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9480−0.021%$27.0M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9470−0.032%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9528+0.033%$302K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9490−0.009%$32K$1K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0114%1h8.9518+0.022%$576K$177K50xas long as short
01 Exchange UNIUSD+0.0168%1h8.9605+0.119%$44710xas long as short
BloFin UNI-USDT+0.0220%8h8.9480−0.021%$10.0M$3.5M75xas long as short
Coinbase International UNI-PERP-INTX+0.0232%1h8.9680+0.203%$1.1M$5.4M50xas long as short
dYdX UNI-USDlong+0.0306%1h8.9498long leg$248K$6K10x
Reya UNIRUSDPERP+0.0365%1h8.9527+0.032%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0323%1h8.9472−0.029%$566K120xas long as short
Hyperliquid UNI+0.0446%1h8.9599+0.112%$98.0M$59.6M10xas long as short
Kraken Futures PF_UNIUSD+0.0565%1h8.9532+0.037%$5.0M$7.0M50xas long as short
Aftermath Perps UNIUSD+0.0876%1h8.9706+0.232%$1K$49K10xas long as short
Lighter UNI+0.0912%1h8.9705+0.231%$4.6M$5.3M15xas long as short