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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0208%/8h= +22.8% APRnext payment +$0.26 per $10,000 · paid last 24h +0.029%
Price spread now: GMX against dYdX+0.113%7-day average +0.022% · you sell dearer than you buy
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)−0.179%−$18 on $10k
Price spread, last 3 days (all we have)−0.058%−$6 · spread now +0.113%, 7d avg +0.022%
Together, before fees−0.237%−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GMX is 0.091% dearer against dYdX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.022%. Mind the row above: over the last 3 days funding on this pair cost −0.179%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX UNI-USD8.92970.0111pay 0.0014% / 1h10m 51s$247K$6K10x
ShortGMX UNI/USD [UNI-USDC]8.9398L +0.0379% / S −0.0319%get 0.0040% / 1h10m 51s$560K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$43.78
Price spread: +0.113% → +0.022%
$9.09
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$30.86
Costs to cover
0.220%
Break-even
2.1 days
Slippage unknown: dYdX: live order book, 8 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 dYdX live order book, 8 min ago27.53 bp32.5 bp −$33119.9 bp −$1,199152.6 bp −$15.3K376.9 bp −$188.5K
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 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−0.0045%8h8.9174−0.138%$3.9M$4.5Mas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9394+0.108%$62K150xas long as short
Bybit UNIUSDT+0.0011%8h8.9170−0.143%$101.7M$104.8M75xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.117%$660$155K12xas long as short
OKX UNI-USDT-SWAP+0.0052%8h8.9150−0.165%$55.2M$246.3M50xas long as short
01 Exchange UNIUSD+0.0072%1h8.9433+0.152%$44610xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9277−0.023%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.9315+0.020%$947K$4.1M10xas long as short
Aster UNIUSDT+0.0100%8h8.9370+0.081%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9330+0.036%$301K$577K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9219−0.088%$219.5M$590.0M75xas long as short
Arcus UNI-USD+0.0100%1h8.9400+0.115%$276K$621K10xas long as short
Gate UNI_USDT+0.0100%8h8.9290−0.008%$23.0M$58.9M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9270−0.031%$43.1M$24.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9310+0.014%$13.6M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9170−0.143%$32.3M$41.3M75xas long as short
BingX UNI-USDT+0.0100%8h8.9230−0.076%$51.7Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9371+0.082%$992K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.9018−0.313%$167K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9094−0.228%$628K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9000−0.333%$88K$712K50xas long as short
StandX UNI-USD+0.0100%1h8.9010−0.322%$106K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9419+0.136%$87K$355K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9380+0.092%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9373+0.085%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9375+0.087%$25K$666K10xas long as short
HTX UNI-USDT+0.0100%8h8.9512+0.240%$731K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9350+0.059%$26.9M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.9267−0.034%$302K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9392+0.105%$32K$1K3xas long as short
dYdX UNI-USDlong+0.0111%1h8.9297long leg$247K$6K10x
Deribit UNI_USDC-PERPETUAL+0.0128%1h8.9426+0.143%$568K$157K50xas long as short
BloFin UNI-USDT+0.0220%8h8.9320+0.025%$9.9M$3.4M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.9460+0.182%$1.1M$5.3M50xas long as short
Kraken Futures PF_UNIUSD+0.0338%1h8.9438+0.158%$5.0M$7.0M50xas long as short
Reya UNIRUSDPERP+0.0362%1h8.9365+0.075%$16K20xas long as short
GMX UNI/USD [UNI-USDC]shortL +0.0379% / S −0.0319%1h8.9398+0.113%$560K120x
Hyperliquid UNI+0.0418%1h8.9327+0.033%$98.4M$59.4M10xas long as short
Aftermath Perps UNIUSD+0.0643%1h8.9154−0.161%$1K$49K10xas long as short
Lighter UNI+0.0656%1h8.9373+0.085%$4.6M$5.2M15xas long as short