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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0275%/8h= −30.2% APRnext payment $0.34 per $10,000 · paid last 24h −0.030%
Price spread now: Extended against GMX+0.124%7-day average −0.103% · 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)−0.180%−$18 on $10k
Price spread, last 3 days (all we have)−0.222%−$22 · spread now +0.124%, 7d avg −0.103%
Together, before fees−0.402%+ Points / potential airdropExtended: Active · farm board−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.227% dearer against GMX than usual: you sell high and buy low (spread +0.124% now, against its 7-day average of −0.103%): +$23 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX UNI/USD [UNI-USDC]8.8385L +0.0379% / S −0.0320%pay 0.0047% / 1h35m 28s$554K120x
ShortExtended UNI-USD8.84950.0104get 0.0013% / 1h35m 28s$298K$1.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$57.84
Price spread: +0.124% → −0.103%
$22.72
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$52.12
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; Extended: live order book, 3 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 Extended live order book, 3 min ago0.06 bp4.0 bp −$49.6 bp −$96doesn't fitdoesn'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−0.0193%8h8.8610+0.255%$3.9M$4.6Mas long as short
Bybit UNIUSDT−0.0158%8h8.8520+0.152%$102.3M$104.4M75xas long as short
01 Exchange UNIUSD0.0000%1h8.8573+0.212%$44210xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.8417+0.036%$552K$125K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.8392+0.007%$80K150xas long as short
OKX UNI-USDT-SWAP+0.0014%8h8.8530+0.164%$54.4M$245.6M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8467+0.093%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8515+0.147%$855K$3.9M10xas long as short
Aster UNIUSDT+0.0100%8h8.8479+0.106%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.8530+0.164%$296K$561K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8540+0.175%$216.6M$593.6M75xas long as short
Arcus UNI-USD+0.0100%1h8.8610+0.254%$273K$612K10xas long as short
Gate UNI_USDT+0.0100%8h8.8520+0.152%$23.0M$59.1M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8500+0.130%$42.9M$24.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8510+0.141%$13.8M$13.7M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8520+0.152%$32.0M$41.0M75xas long as short
BingX UNI-USDT+0.0100%8h8.8510+0.141%$49.9Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8406+0.023%$982K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.8350−0.040%$166K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8428+0.048%$618K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8490+0.118%$84K$712K50xas long as short
StandX UNI-USD+0.0100%1h8.8380−0.006%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8562+0.200%$87K$323K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8350−0.040%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8424+0.044%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8360−0.029%$25K$661K10xas long as short
HTX UNI-USDT+0.0100%8h8.8474+0.100%$722K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8370−0.018%$26.6M$4.3M50xas long as short
Extended UNI-USDshort+0.0104%1h8.8495+0.124%$298K$1.4M25x
Aevo UNI-PERP+0.0104%1h8.8385−0.001%$31K$1K3xas long as short
dYdX UNI-USD+0.0108%1h8.8536+0.171%$245K$5K10xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8480+0.107%$1.0M$5.3M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8520+0.152%$9.8M$3.3M75xas long as short
Kraken Futures PF_UNIUSD+0.0269%1h8.8429+0.049%$4.9M$7.1M50xas long as short
Hyperliquid UNI+0.0325%1h8.8534+0.168%$96.3M$59.8M10xas long as short
Reya UNIRUSDPERP+0.0360%1h8.8524+0.156%$16K20xas long as short
GMX UNI/USD [UNI-USDC]longL +0.0379% / S −0.0320%1h8.8385long leg$554K120x
Aftermath Perps UNIUSD+0.0462%1h8.8443+0.065%$1K$50K10xas long as short
Lighter UNI+0.0528%1h8.8615+0.260%$4.5M$5.4M15xas long as short
Injective UNI/USDC PERP+0.2702%1h8.7900−0.549%$657$97K12xas long as short