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−0.0004%/8h= −0.4% APRpaid last 24h −0.019%
Price spread now: OKX against Extended+0.281%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs+$2as in the Price arb table
costs, in and out, $10k−$250.251% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.136%−$14 on $10k
Price spread, last 7 days−0.284%−$28 · spread now +0.281%, 7d avg +0.013%
Together, before fees−0.421%+ Points / potential airdropExtended: Active · farm board−$42 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.268% dearer against Extended than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended UNI-USD8.85710.0104pay 0.0013% / 1h22m 00s$298K$1.7M25x
ShortOKX UNI-USDT-SWAP8.88200.0100get 0.0100% / 8h2h 22m$54.3M$265.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Extended. 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
−$0.84
Price spread: +0.281% → +0.013%
$26.85
Slippage, 4 orders
−$10.11
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
$0.9
Costs to cover
0.251%
Break-even
from the start
Slippage from Extended: live order book, 1 min ago; OKX: live order book, 2 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 Extended live order book, 1 min ago2.60 bp5.1 bp −$59.8 bp −$98doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.56 bp7.4 bp −$716.4 bp −$16443.5 bp −$4,348doesn'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−0.0068%1h8.8515−0.063%$819K$4.7M10xas long as short
01 Exchange UNIUSD−0.0024%1h8.8547−0.027%$442$510xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.8677+0.120%$4.7M$8.5M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8528−0.049%$48K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.306%$660$153K12xas long as short
Polymarket Perps UNI-USD+0.0094%1h8.8549−0.025%$109K$533K10xas long as short
Lighter UNI+0.0096%1h8.8748+0.200%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8464−0.120%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8725+0.174%$738K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.8531−0.046%$284K$616K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8739+0.190%$216.7M$663.3M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8750+0.202%$99.3M$112.2M75xas long as short
OKX UNI-USDT-SWAPshort+0.0100%8h8.8820+0.281%$54.3M$265.0M50x
Arcus UNI-USD+0.0100%1h8.8590+0.022%$316K$700K10xas long as short
Gate UNI_USDT+0.0100%8h8.8680+0.123%$24.2M$65.9M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8660+0.101%$49.2M$27.0M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8680+0.123%$12.9M$13.6M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8770+0.225%$32.5M$46.0M75xas long as short
BingX UNI-USDT+0.0100%8h8.8670+0.112%$57.2Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8759+0.212%$1.1M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8380−0.215%$4.1M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.8556−0.017%$167K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8450−0.136%$621K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8600+0.033%$89K$707K50xas long as short
StandX UNI-USD+0.0100%1h8.8430−0.159%$15K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8580+0.010%$16K$1.6M10xas long as short
SunX UNI-USDT+0.0100%8h8.8686+0.130%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8698+0.144%$32K$865K10xas long as short
HTX UNI-USDT+0.0100%8h8.8780+0.236%$714K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8720+0.168%$26.8M$4.5M50xas long as short
Extended UNI-USDlong+0.0104%1h8.8571long leg$298K$1.7M25x
Aevo UNI-PERP+0.0104%1h8.8648+0.087%$31K3xas long as short
Hyperliquid UNI+0.0125%1h8.8803+0.262%$94.4M$66.0M10xas long as short
dYdX UNI-USD+0.0180%1h8.8512−0.066%$233K$31K10xas long as short
Coinbase International UNI-PERP-INTX+0.0184%1h8.8730+0.180%$925K$5.7M50xas long as short
Deribit UNI_USDC-PERPETUAL+0.0210%1h8.8659+0.099%$567K$204K50xas long as short
BloFin UNI-USDT+0.0220%8h8.8400−0.193%$10.0M$3.6M75xas long as short
Reya UNIRUSDPERP+0.0377%1h8.8543−0.032%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8550−0.024%$630K120xas long as short
Aftermath Perps UNIUSD+0.0661%1h8.8630+0.067%$969$45K10xas long as short