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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0013%/8h= −1.4% APRnext payment $0.02 per $10,000 · paid last 24h −0.037%
Price spread now: StandX against dYdX−0.208%7-day average +0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1121.119% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.205%−$21 on $10k
Price spread, last 4 days (all we have)−0.095%−$9 · spread now −0.208%, 7d avg +0.075%
Together, before fees−0.300%+ Points / potential airdropStandX: Active · farm board−$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and StandX is 0.283% cheaper against dYdX than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.075%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX UNI-USD9.20020.0113pay 0.0014% / 1h13m 20s$242K$31K10x
ShortStandX UNI-USD9.18100.0100get 0.0013% / 1h13m 20s$51K$3.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$2.68
Price spread: −0.208% → +0.075%
−$28.31
Slippage, 4 orders
−$93.88
Fee dYdX: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$142.87
Costs to cover
1.119%
Break-even
never at this rate
Slippage from dYdX: live order book, 51 min ago; StandX: live order book, 1 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, 51 min ago33.44 bp38.4 bp −$3838.4 bp −$38489.7 bp −$8,967442.6 bp −$221.3K
Sell StandX live order book, 1 min ago5.99 bp23.8 bp −$2457.3 bp −$573doesn'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
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h9.2082+0.087%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−4.023%$660$154K12xas long as short
01 Exchange UNIUSD+0.0056%1h9.2159+0.171%$460$510xas long as short
Nado UNI-PERP+0.0100%1h9.2080+0.085%$951K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.2089+0.095%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.1980−0.023%$299K$573K10xas long as short
Binance UNIUSDT+0.0100%8h9.2104+0.112%$228.6M$621.2M75xas long as short
Bybit UNIUSDT+0.0100%8h9.2000−0.002%$103.5M$109.8M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.1980−0.023%$56.9M$258.4M50xas long as short
Arcus UNI-USD+0.0100%1h9.2210+0.227%$292K$614K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h9.2080+0.085%$23.6M$61.8M75xas long as short
MEXC UNI_USDT+0.0100%8h9.2080+0.085%$49.6M$25.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.2100+0.107%$13.8M$12.9M75xas long as short
Bitget UNIUSDT+0.0100%8h9.2000−0.002%$33.7M$43.4M75xas long as short
BingX UNI-USDT+0.0100%8h9.2090+0.096%$56.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.1819−0.198%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h9.2057+0.060%$4.3M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h9.2667+0.724%$175K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.2320+0.346%$647K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.2680+0.737%$90K$694K50xas long as short
StandX UNI-USDshort+0.0100%1h9.1810−0.208%$51K$3.3M20x
Polymarket Perps UNI-USD+0.0100%1h9.2120+0.129%$88K$419K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.2020+0.020%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.1798−0.221%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.1756−0.267%$22K$772K10xas long as short
HTX UNI-USDT+0.0100%8h9.2097+0.104%$724K$4.4M75xas long as short
Phemex UNIUSDT+0.0100%8h9.1770−0.252%$27.7M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.1987−0.016%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.20020.000%$312K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.2007+0.006%$33K3xas long as short
dYdX UNI-USDlong+0.0113%1h9.2002long leg$242K$31K10x
Deribit UNI_USDC-PERPETUAL+0.0144%1h9.1815−0.202%$588K$193K50xas long as short
BloFin UNI-USDT+0.0220%8h9.1960−0.045%$10.4M$3.6M75xas long as short
Kraken Futures PF_UNIUSD+0.0267%1h9.1841−0.175%$5.1M$7.7M50xas long as short
Coinbase International UNI-PERP-INTX+0.0296%1h9.1870−0.143%$1.1M$5.4M50xas long as short
Reya UNIRUSDPERP+0.0371%1h9.2031+0.032%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.2105+0.112%$656K120xas long as short
Hyperliquid UNI+0.0540%1h9.2251+0.271%$100.6M$61.6M10xas long as short
Lighter UNI+0.0576%1h9.1929−0.079%$4.7M$5.8M15xas long as short
Aftermath Perps UNIUSD+0.0986%1h9.2169+0.182%$895$47K10xas long as short