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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: Binance against GRVT+0.250%89s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.394% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 7 days−0.136%−$14 · spread now +0.250%, 7d avg −0.002%
Together, before fees−0.153%+ Points / potential airdropGRVT: Active · farm board−$15 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: Binance is 0.252% dearer against GRVT than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.002%. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT UNI_USDT_Perp9.00310.0100pay 0.0100% / 8h6h 31m$631K$2.6M10x
ShortBinance UNIUSDT9.02570.0100get 0.0100% / 8h6h 31m$225.2M$612.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against GRVT. 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
Price spread: +0.250% → −0.002%
$25.2
Slippage, 4 orders
−$20.41
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$14.22
Costs to cover
0.394%
Break-even
never at this rate
Slippage from GRVT: live order book, 2 min ago; Binance: live order book, 12 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 GRVT live order book, 2 min ago3.89 bp11.6 bp −$1216.0 bp −$1603234.7 bp −$323.5Kdoesn't fit
Sell Binance live order book, 12 min ago0.56 bp8.5 bp −$911.5 bp −$11541.9 bp −$4,194145.1 bp −$72.6K

UNI on 39 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 −0.0004%1h9.0297+0.295%$19K150xas long as short
01 Exchange UNIUSD+0.0024%1h9.0310+0.309%$45110xas long as short
dYdX UNI-USD+0.0024%1h9.0226+0.216%$238K$30K10xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.923%$660$154K12xas long as short
Nado UNI-PERP+0.0100%1h9.0300+0.298%$932K$4.3M10xas long as short
Hyperliquid UNI+0.0100%1h9.0305+0.304%$98.0M$60.1M10xas long as short
Aster UNIUSDT+0.0100%8h9.0280+0.276%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.0231+0.222%$295K$580K10xas long as short
Binance UNIUSDTshort+0.0100%8h9.0257+0.250%$225.2M$612.7M75x
Bybit UNIUSDT+0.0100%8h9.0200+0.187%$100.9M$107.6M75xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX UNI-USDT-SWAP+0.0100%8h9.0170+0.154%$55.6M$254.1M50xas long as short
Arcus UNI-USD+0.0100%1h9.0290+0.287%$286K$633K10xas long as short
Gate UNI_USDT+0.0100%8h9.0210+0.198%$23.1M$58.4M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0250+0.243%$49.5M$26.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0260+0.254%$13.4M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0160+0.143%$33.0M$42.9M75xas long as short
BingX UNI-USDT+0.0100%8h9.0180+0.165%$57.3Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0255+0.248%$987K$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.9961−0.078%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.9955−0.085%$169K$345K20xas long as short
GRVT UNI_USDT_Perplong+0.0100%8h9.0031long leg$631K$2.6M10x
ApeX Omni UNIUSDT+0.0100%1h9.0020−0.013%$88K$706K50xas long as short
StandX UNI-USD+0.0100%1h8.9840−0.213%$55K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0352+0.356%$86K$410K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0270+0.265%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.0320+0.321%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.0232+0.223%$22K$715K10xas long as short
HTX UNI-USDT+0.0100%8h9.0400+0.409%$719K$4.2M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0240+0.232%$27.2M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0192+0.179%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.0186+0.172%$300K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0284+0.281%$32K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0256%1h9.0315+0.316%$586K$201K50xas long as short
Coinbase International UNI-PERP-INTX+0.0312%1h9.0390+0.398%$1.1M$4.7M50xas long as short
Reya UNIRUSDPERP+0.0368%1h9.0288+0.285%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0286+0.282%$643K120xas long as short
Lighter UNI+0.0408%1h9.0384+0.392%$4.6M$5.3M15xas long as short
Kraken Futures PF_UNIUSD+0.0425%1h9.0276+0.271%$5.0M$6.9M50xas long as short
Aftermath Perps UNIUSD+0.0954%1h8.9954−0.087%$1K$48K10xas long as short