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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0173%/8h= −18.9% APRnext payment $0.22 per $10,000 · paid last 24h +0.012%
Price spread now: Kraken Futures against dYdX+0.058%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2512.515% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 4 days (all we have)+0.179%+$18 · spread now +0.058%, 7d avg +0.047%
Together, before fees+0.127%+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX UNI-USD8.90760.0156pay 0.0019% / 1h36m 12s$235K$31K10x
ShortKraken Futures PF_UNIUSD8.9127−0.0017pay 0.0002% / 1h36m 12s$4.8M$8.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$36.24
Price spread: +0.058% → +0.047%
$1.08
Slippage, 4 orders
−$231.5
Fee dYdX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$286.66
Costs to cover
2.515%
Break-even
never at this rate
Slippage from dYdX: live order book, 13 min ago; Kraken Futures: live order book, 3 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, 13 min ago109.64 bp114.6 bp −$115114.6 bp −$1,146251.1 bp −$25.1K602.9 bp −$301.5K
Sell Kraken Futures live order book, 3 min ago1.69 bp15.5 bp −$1618.7 bp −$18754.2 bp −$5,417doesn'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
Nado UNI-PERP−0.0135%1h8.9080+0.005%$831K$4.7M10xas long as short
01 Exchange UNIUSD−0.0064%1h8.9105+0.033%$445$510xas long as short
Kraken Futures PF_UNIUSDshort−0.0017%1h8.9127+0.058%$4.8M$8.5M50x
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9047−0.032%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.871%$660$153K12xas long as short
Polymarket Perps UNI-USD+0.0087%1h8.9030−0.051%$99K$508K10xas long as short
Lighter UNI+0.0096%1h8.9171+0.107%$4.5M$5.5M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9063−0.015%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.9089+0.015%$755K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.9111+0.040%$285K$612K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9100+0.027%$216.5M$659.0M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9050−0.029%$99.5M$112.5M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9050−0.029%$54.0M$264.5M50xas long as short
Arcus UNI-USD+0.0100%1h8.9150+0.083%$318K$700K10xas long as short
Gate UNI_USDT+0.0100%8h8.9080+0.005%$24.1M$65.2M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9100+0.027%$46.8M$26.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9070−0.006%$13.1M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9040−0.040%$32.8M$46.5M75xas long as short
BingX UNI-USDC+0.0100%8h8.9060−0.018%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9139+0.071%$1.0M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8420−0.736%$4.1M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.8330−0.837%$167K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8517−0.628%$617K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8320−0.848%$90K$706K50xas long as short
StandX UNI-USD+0.0100%1h8.8880−0.220%$15K$3.4M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9020−0.063%$16K$1.6M10xas long as short
SunX UNI-USDT+0.0100%8h8.9077+0.001%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9030−0.051%$26K$854K10xas long as short
HTX UNI-USDT+0.0100%8h8.9106+0.034%$711K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9100+0.027%$27.0M$4.3M50xas long as short
Extended UNI-USD+0.0104%1h8.8992−0.094%$286K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9045−0.035%$32K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0123%1h8.9091+0.017%$571K$203K50xas long as short
Hyperliquid UNI+0.0145%1h8.9169+0.105%$94.9M$66.4M10xas long as short
dYdX UNI-USDlong+0.0156%1h8.9076long leg$235K$31K10x
Coinbase International UNI-PERP-INTX+0.0184%1h8.9150+0.083%$932K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8910−0.186%$10.1M$3.6M75xas long as short
Reya UNIRUSDPERP+0.0376%1h8.8993−0.093%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.9038−0.043%$634K120xas long as short
Aftermath Perps UNIUSD+0.0629%1h8.8783−0.328%$952$45K10xas long as short