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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0083%/8h= −9.1% APRnext payment $0.10 per $10,000 · paid last 24h +0.123%
Price spread now: Injective against dYdX−2.274%98s7-day average +0.095% · you buy dearer than you sell
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 7 days−0.732%−$73 on $10k
Price spread, last 4 days (all we have)+2.378%+$238 · spread now −2.274%, 7d avg +0.095%
Together, before fees+1.645%+$165 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Injective is 2.369% cheaper against dYdX than usual: you would sell low and buy high (−$237 if the spread goes back to its 7-day average of +0.095%). Swap the legs. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX UNI-USD9.03550.0117pay 0.0015% / 1h27m 41s$238K$30K10x
ShortInjective UNI/USDC PERP8.83000.0033get 0.0004% / 1h27m 41s$660$154K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$17.53
Price spread: −2.274% → +0.095%
−$236.93
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$264.48
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: dYdX: live order book, 31 min ago; Injective: 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, 31 min ago31.23 bp36.3 bp −$3636.4 bp −$364114.5 bp −$11.5K396.2 bp −$198.1K
Sell Injective no order-book sample
Injective: 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
Deribit UNI_USDC-PERPETUAL0.0000%1h9.0314−0.046%$579K$193K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.0301−0.059%$37K150xas long as short
Injective UNI/USDC PERPshort+0.0033%1h8.8300−2.274%$660$154K12x
01 Exchange UNIUSD+0.0064%1h9.0345−0.011%$451$510xas long as short
Nado UNI-PERP+0.0100%1h9.0415+0.066%$891K$4.4M10xas long as short
Aster UNIUSDT+0.0100%8h9.0340−0.017%$838K$3.5M50xas long as short
Pacifica UNI+0.0100%1h9.0396+0.045%$293K$599K10xas long as short
Binance UNIUSDT+0.0100%8h9.0404+0.054%$222.3M$636.8M75xas long as short
Bybit UNIUSDT+0.0100%8h9.0380+0.028%$101.4M$110.8M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.0370+0.017%$54.9M$259.9M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h9.0430+0.083%$313K$651K10xas long as short
Gate UNI_USDT+0.0100%8h9.0400+0.050%$23.5M$63.5M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0400+0.050%$47.8M$25.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0380+0.028%$13.5M$13.2M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0360+0.006%$33.3M$44.7M75xas long as short
BingX UNI-USDT+0.0100%8h9.0380+0.028%$56.6Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0310−0.050%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h9.0539+0.204%$4.3M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h9.0568+0.236%$171K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0621+0.295%$632K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0190−0.183%$92K$698K50xas long as short
StandX UNI-USD+0.0100%1h9.0940+0.647%$15K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0429+0.082%$87K$425K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0290−0.072%$16K$1.5M10xas long as short
SunX UNI-USDT+0.0100%8h9.0412+0.063%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.0270−0.094%$22K$790K10xas long as short
HTX UNI-USDT+0.0100%8h9.0466+0.123%$723K$4.6M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0310−0.050%$27.3M$4.4M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0363+0.009%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.0342−0.014%$292K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0293−0.069%$32K3xas long as short
dYdX UNI-USDlong+0.0117%1h9.0355long leg$238K$30K10x
Lighter UNI+0.0176%1h9.0521+0.184%$4.6M$5.8M15xas long as short
BloFin UNI-USDT+0.0220%8h9.0820+0.515%$10.4M$3.6M75xas long as short
Coinbase International UNI-PERP-INTX+0.0248%1h9.0520+0.183%$1.1M$5.7M50xas long as short
Kraken Futures PF_UNIUSD+0.0271%1h9.0350−0.005%$5.0M$7.9M50xas long as short
Reya UNIRUSDPERP+0.0372%1h9.0415+0.066%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0305−0.055%$644K120xas long as short
Hyperliquid UNI+0.0381%1h9.0424+0.076%$97.9M$62.6M10xas long as short
Aftermath Perps UNIUSD+0.0991%1h9.0527+0.190%$1K$46K10xas long as short