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

UNI

all UNI markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against HTX−0.075%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$710.705% of the position
Long on HTXShort on Phemex
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.075%, 7d avg −0.102%
Together, before fees−0.011%−$1 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: Phemex is 0.027% dearer against HTX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.102%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX UNI-USDT8.92670.0100pay 0.0100% / 8h46m 50s$698K$4.8M75x
ShortPhemex UNIUSDT8.92000.0100get 0.0100% / 8h46m 50s$26.9M$4.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against HTX. 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: −0.075% → −0.102%
$2.65
Slippage, 4 orders
−$46.52
Fee HTX: 6 bp × 2 orders
−$12
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$67.86
Costs to cover
0.705%
Break-even
never at this rate
Slippage from HTX: live order book, 2 min ago; Phemex: live order book, 2 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 HTX live order book, 2 min ago8.50 bp16.6 bp −$1765.6 bp −$656358.4 bp −$35.8Kdoesn't fit
Sell Phemex live order book, 2 min ago4.48 bp12.7 bp −$1321.7 bp −$217doesn't fitdoesn'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
Kraken Futures PF_UNIUSD−0.0304%1h8.9267+0.001%$4.7M$8.6M50xas long as short
01 Exchange UNIUSD−0.0040%1h8.9218−0.055%$445$510xas long as short
Nado UNI-PERP−0.0004%1h8.9212−0.061%$732K$4.7M10xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9264−0.003%$49K—150xas long as short
Deribit UNI_USDC-PERPETUAL+0.0012%1h8.9287+0.022%$588K$250K50xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.083%$660$153K12xas long as short
Polymarket Perps UNI-USD+0.0069%1h8.9233−0.038%$106K$616K10xas long as short
Lighter UNI+0.0096%1h8.9333+0.074%$4.5M$5.5M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9151−0.130%$25K—20xas long as short
Hyperliquid UNI+0.0100%1h8.9266−0.001%$95.0M$67.5M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster UNIUSDT+0.0100%8h8.9172−0.107%$730K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.9205−0.069%$288K$600K10xas long as short
Binance UNIUSDT+0.0100%8h8.9130−0.153%$215.3M$657.8M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9110−0.176%$98.7M$111.3M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9160−0.120%$54.4M$265.8M50xas long as short
Arcus UNI-USD+0.0100%1h8.9240−0.030%$318K$701K10xas long as short
Gate UNI_USDT+0.0100%8h8.9120−0.165%$25.5M$65.8M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9120−0.165%$48.6M$26.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9150−0.131%$13.1M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9170−0.109%$32.6M$45.4M75xas long as short
BingX UNI-USDT+0.0100%8h8.9110−0.176%—$57.1M—as long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9215−0.058%$1.1M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8798−0.526%$4.1M$4.3M—as long as short
edgeX UNIUSDC+0.0100%4h8.8883−0.430%$168K$347K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8828−0.492%$628K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9170−0.109%$90K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.9240−0.030%$15K$3.4M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9260−0.008%$16K$2.1M10xas long as short
SunX UNI-USDT+0.0100%8h8.9232−0.039%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9200−0.075%$32K$888K10xas long as short
HTX UNI-USDTlong+0.0100%8h8.9267long leg$698K$4.8M75x
Phemex UNIUSDTshort+0.0100%8h8.9200−0.075%$26.9M$4.5M50x
Extended UNI-USD+0.0104%1h8.9096−0.192%$288K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9222−0.050%$32K—3xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.9270+0.003%$930K$5.5M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9200−0.075%$10.0M$3.7M75xas long as short
Reya UNIRUSDPERP+0.0380%1h8.9216−0.057%$16K—20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.9260−0.008%$635K—120xas long as short
Aftermath Perps UNIUSD+0.0451%1h8.8987−0.314%$1K$53K10xas long as short
dYdX UNI-USD+0.0571%1h8.9172−0.106%$235K$30K10xas long as short