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−0.0279%/8h= −30.6% APRpaid last 24h −0.031%
Price spread now: Bitget against GMX+0.021%7-day average −0.061% · 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)−0.196%−$20 on $10k
Price spread, last 3 days (all we have)−0.289%−$29 · spread now +0.021%, 7d avg −0.061%
Together, before fees−0.485%−$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.082% dearer against GMX than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.061%): +$8 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 23 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX UNI/USD [UNI-USDC]8.8232L +0.0379% / S −0.0320%pay 0.0047% / 1h55m 09s$554K120x
ShortBitget UNIUSDT8.82500.0100get 0.0100% / 8h1h 55m$32.0M$41.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against GMX. 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
−$58.68
Price spread: +0.021% → −0.061%
$8.18
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$74.51
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 4 min ago. 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 GMX no order-book sample
Sell Bitget live order book, 4 min ago1.14 bp12.4 bp −$1218.9 bp −$18939.4 bp −$3,935doesn't fit
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−0.0095%8h8.8058−0.197%$3.9M$4.6Mas long as short
Bybit UNIUSDT−0.0046%8h8.8230−0.002%$100.8M$106.4M75xas long as short
dYdX UNI-USD0.0000%1h8.8172−0.067%$244K$6K10xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.8234+0.003%$562K$157K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.8226−0.007%$79K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.7900−0.376%$657$96K12xas long as short
OKX UNI-USDT-SWAP+0.0035%8h8.8230−0.002%$54.5M$246.5M50xas long as short
01 Exchange UNIUSD+0.0080%1h8.8242+0.012%$44010xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8121−0.125%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8240+0.010%$845K$4.1M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster UNIUSDT+0.0100%8h8.8252+0.023%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.8183−0.056%$298K$575K10xas long as short
Binance UNIUSDT+0.0100%8h8.8250+0.021%$216.3M$597.6M75xas long as short
Arcus UNI-USD+0.0100%1h8.8220−0.013%$272K$612K10xas long as short
Gate UNI_USDT+0.0100%8h8.8280+0.055%$22.9M$58.2M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8270+0.044%$42.6M$24.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8240+0.010%$13.5M$13.9M75xas long as short
Bitget UNIUSDTshort+0.0100%8h8.8250+0.021%$32.0M$41.7M75x
BingX UNI-USDC+0.0100%8h8.8240+0.010%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8299+0.076%$981K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.7781−0.511%$165K$341K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.7949−0.320%$610K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.7880−0.398%$83K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.7880−0.398%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8278+0.053%$86K$349K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8170−0.070%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8215−0.019%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8212−0.022%$25K$668K10xas long as short
HTX UNI-USDT+0.0100%8h8.8420+0.214%$725K$4.4M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8250+0.021%$26.5M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8138−0.106%$300K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8195−0.041%$31K$1K3xas long as short
BloFin UNI-USDT+0.0220%8h8.8240+0.010%$9.8M$3.4M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.8290+0.066%$1.0M$5.3M50xas long as short
Kraken Futures PF_UNIUSD+0.0343%1h8.8305+0.083%$4.9M$7.2M50xas long as short
Reya UNIRUSDPERP+0.0361%1h8.8248+0.019%$16K20xas long as short
GMX UNI/USD [UNI-USDC]longL +0.0379% / S −0.0320%1h8.8232long leg$554K120x
Hyperliquid UNI+0.0413%1h8.8402+0.193%$96.7M$60.0M10xas long as short
Aftermath Perps UNIUSD+0.0624%1h8.8027−0.232%$1K$50K10xas long as short
Lighter UNI+0.0720%1h8.8428+0.223%$4.5M$5.2M15xas long as short