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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: HTX against GRVT+0.257%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$450.454% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 3 days (all we have)+0.017%+$2 · spread now +0.257%, 7d avg +0.107%
Together, before fees+0.065%+ Points / potential airdropGRVT: Active · farm board+$7 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: HTX is 0.150% dearer against GRVT than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.107%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT UNI_USDT_Perp8.81890.0100pay 0.0100% / 8h1h 34m$611K$2.5M10x
ShortHTX UNI-USDT8.84160.0100get 0.0100% / 8h1h 34m$727K$4.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.257% → +0.107%
$14.96
Slippage, 4 orders
−$24.43
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$30.47
Costs to cover
0.454%
Break-even
never at this rate
Slippage from GRVT: live order book, 4 min ago; HTX: live order book, 5 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, 4 min ago0.57 bp7.9 bp −$826.5 bp −$2654464.6 bp −$446.5Kdoesn't fit
Sell HTX live order book, 5 min ago6.89 bp15.0 bp −$1538.1 bp −$381317.5 bp −$31.7Kdoesn'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
Variational Omni UNI−0.0076%8h8.8115−0.085%$3.9M$4.5Mas long as short
Bybit UNIUSDT−0.0020%8h8.8210+0.023%$100.6M$104.3M75xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.8336+0.166%$61K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.7900−0.328%$657$96K12xas long as short
OKX UNI-USDT-SWAP+0.0039%8h8.8210+0.023%$54.7M$243.1M50xas long as short
01 Exchange UNIUSD+0.0040%1h8.8254+0.073%$44010xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8310+0.136%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8210+0.023%$933K$4.0M10xas long as short
Aster UNIUSDT+0.0100%8h8.8345+0.177%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.8330+0.159%$296K$570K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8229+0.045%$216.5M$587.8M75xas long as short
Arcus UNI-USD+0.0100%1h8.8390+0.227%$282K$615K10xas long as short
Gate UNI_USDT+0.0100%8h8.8330+0.159%$22.9M$58.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8210+0.023%$42.5M$24.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8290+0.114%$13.5M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8210+0.023%$32.0M$41.3M75xas long as short
BingX UNI-USDC+0.0100%8h8.8310+0.137%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8410+0.250%$979K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.8262+0.082%$166K$343K20xas long as short
GRVT UNI_USDT_Perplong+0.0100%8h8.8189long leg$611K$2.5M10x
ApeX Omni UNIUSDT+0.0100%1h8.8450+0.295%$87K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.8240+0.057%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8230+0.046%$86K$351K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8330+0.159%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8246+0.064%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8330+0.159%$25K$666K10xas long as short
HTX UNI-USDTshort+0.0100%8h8.8416+0.257%$727K$4.3M75x
Phemex UNIUSDT+0.0100%8h8.8300+0.125%$26.6M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8275+0.097%$300K$1.4M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8360+0.193%$31K$1K3xas long as short
dYdX UNI-USD+0.0119%1h8.8300+0.126%$244K$6K10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0214%1h8.8413+0.253%$562K$157K50xas long as short
BloFin UNI-USDT+0.0220%8h8.8350+0.182%$9.8M$3.3M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.8410+0.250%$1.0M$5.3M50xas long as short
Hyperliquid UNI+0.0308%1h8.8354+0.187%$96.7M$59.1M10xas long as short
Kraken Futures PF_UNIUSD+0.0342%1h8.8419+0.261%$4.9M$7.0M50xas long as short
Reya UNIRUSDPERP+0.0362%1h8.8192+0.002%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0319%1h8.8339+0.170%$553K120xas long as short
Lighter UNI+0.0592%1h8.8494+0.345%$4.5M$5.2M15xas long as short
Aftermath Perps UNIUSD+0.0617%1h8.8295+0.120%$1K$49K10xas long as short