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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0282%/8h= −30.8% APRnext payment $0.35 per $10,000 · paid last 24h −0.041%
Price spread now: Pacifica against GMX−0.696%7-day average −0.017% · you buy dearer than you sell
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)−0.205%−$20 on $10k
Price spread, last 3 days (all we have)+0.652%+$65 · spread now −0.696%, 7d avg −0.017%
Together, before fees+0.447%+ Points / potential airdropPacifica: Active · farm board+$45 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Pacifica is 0.680% cheaper against GMX than usual: you would sell low and buy high (−$68 if the spread goes back to its 7-day average of −0.017%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX UNI/USD [UNI-USDC]9.1847L +0.0382% / S −0.0323%pay 0.0048% / 1h42m 06s$582K120x
ShortPacifica UNI9.12080.0100get 0.0013% / 1h42m 06s$305K$592K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$59.14
Price spread: −0.696% → −0.017%
−$67.96
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$147.09
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 32 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 Pacifica live order book, 32 min ago1.67 bp8.5 bp −$8doesn't fitdoesn'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
Phemex UNIUSDT−0.0283%8h9.1780−0.073%$27.7M$4.5M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h9.1863+0.018%$75K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−3.862%$660$154K12xas long as short
01 Exchange UNIUSD+0.0048%1h9.1640−0.226%$45710xas long as short
OKX UNI-USDT-SWAP+0.0094%8h9.1750−0.106%$56.5M$254.8M50xas long as short
Nado UNI-PERP+0.0100%1h9.1765−0.089%$968K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.1960+0.123%$1.1M$3.4M50xas long as short
Pacifica UNIshort+0.0100%1h9.1208−0.696%$305K$592K10x
Binance UNIUSDT+0.0100%8h9.1894+0.051%$227.9M$591.2M75xas long as short
Bybit UNIUSDT+0.0100%8h9.1780−0.073%$103.3M$106.5M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h9.1610−0.258%$272K$619K10xas long as short
Gate UNI_USDT+0.0100%8h9.1840−0.008%$23.1M$58.1M75xas long as short
MEXC UNI_USDT+0.0100%8h9.1820−0.030%$45.1M$23.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.1850+0.003%$13.8M$13.4M75xas long as short
Bitget UNIUSDT+0.0100%8h9.1800−0.051%$33.6M$41.9M75xas long as short
BingX UNI-USDC+0.0100%8h9.1770−0.084%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.1863+0.017%$1.1M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h9.1041−0.878%$4.1M$4.4Mas long as short
edgeX UNIUSDC+0.0100%4h9.1357−0.534%$172K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.1650−0.215%$641K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.1370−0.519%$89K$708K50xas long as short
StandX UNI-USD+0.0100%1h9.1510−0.367%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.1701−0.159%$86K$375K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.1870+0.025%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.1946+0.108%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.1855+0.009%$21K$712K10xas long as short
HTX UNI-USDT+0.0100%8h9.1947+0.109%$734K$4.4M75xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.1193−0.712%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.1836−0.012%$305K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h9.1877+0.033%$33K3xas long as short
dYdX UNI-USD+0.0140%1h9.1176−0.730%$251K$7K10xas long as short
BloFin UNI-USDT+0.0220%8h9.1240−0.661%$10.1M$3.5M75xas long as short
Coinbase International UNI-PERP-INTX+0.0272%1h9.1920+0.079%$1.1M$5.6M50xas long as short
Deribit UNI_USDC-PERPETUAL+0.0279%1h9.1925+0.084%$592K$178K50xas long as short
Reya UNIRUSDPERP+0.0366%1h9.1823−0.026%$17K20xas long as short
GMX UNI/USD [UNI-USDC]longL +0.0382% / S −0.0323%1h9.1847long leg$582K120x
Kraken Futures PF_UNIUSD+0.0382%1h9.1912+0.071%$5.1M$7.0M50xas long as short
Hyperliquid UNI+0.0405%1h9.1947+0.109%$101.0M$60.2M10xas long as short
Lighter UNI+0.0824%1h9.2031+0.200%$4.7M$5.2M15xas long as short
Aftermath Perps UNIUSD+0.0826%1h9.1016−0.904%$1K$49K10xas long as short