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−0.2381%/8h= −260.8% APRnext payment $2.98 per $10,000 · paid last 24h −0.076%
Price spread now: GMX against Injective+0.764%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. GMX is 0.764% dearer against Injective than usual: you sell high and buy low (spread +0.764% now, against zero (this spread has no 7-day history yet)): +$76 on $10k if it goes back. Holding the pair costs −$71 a day in funding at the current rate, which eats that in about 26 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective UNI/USDC PERP8.79000.2702pay 0.0338% / 1h35m 02s$657$97K12x
ShortGMX UNI/USD [UNI-USDC]8.8572L +0.0379% / S −0.0320%get 0.0040% / 1h35m 02s$555K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Injective. 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
−$500.09
Price spread: +0.764% → 0.000%
$76.41
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee GMX: 6 bp × 2 orders
−$12
Net
−$435.7
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; GMX: no order-book sample. 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 Injective no order-book sample
Sell GMX no order-book sample
Injective and 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−0.0185%8h8.8292+0.446%$3.9M$4.6Mas long as short
Bybit UNIUSDT−0.0158%8h8.8600+0.796%$102.4M$104.4M75xas long as short
01 Exchange UNIUSD0.0000%1h8.8573+0.766%$44210xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.8616+0.814%$553K$125K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.8561+0.752%$80K150xas long as short
OKX UNI-USDT-SWAP+0.0014%8h8.8600+0.796%$54.4M$245.8M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8467+0.646%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8515+0.700%$855K$3.9M10xas long as short
Aster UNIUSDT+0.0100%8h8.8580+0.773%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.8530+0.717%$296K$561K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8620+0.819%$216.8M$593.6M75xas long as short
Arcus UNI-USD+0.0100%1h8.8610+0.808%$273K$612K10xas long as short
Gate UNI_USDT+0.0100%8h8.8590+0.785%$23.0M$59.1M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8570+0.762%$42.9M$24.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8570+0.762%$13.8M$13.7M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8590+0.785%$32.0M$41.0M75xas long as short
BingX UNI-USDT+0.0100%8h8.8580+0.774%$49.9Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8638+0.840%$985K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.8350+0.512%$166K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8428+0.601%$618K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8490+0.671%$84K$712K50xas long as short
StandX UNI-USD+0.0100%1h8.8380+0.546%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8562+0.753%$87K$323K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8560+0.751%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8604+0.801%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8549+0.738%$25K$661K10xas long as short
HTX UNI-USDT+0.0100%8h8.8587+0.782%$723K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8580+0.774%$26.7M$4.3M50xas long as short
Extended UNI-USD+0.0104%1h8.8585+0.779%$298K$1.4M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8570+0.762%$31K$1K3xas long as short
dYdX UNI-USD+0.0108%1h8.8536+0.724%$245K$5K10xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8470+0.648%$1.0M$5.3M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8480+0.660%$9.8M$3.3M75xas long as short
Kraken Futures PF_UNIUSD+0.0268%1h8.8619+0.819%$5.0M$7.1M50xas long as short
Hyperliquid UNI+0.0321%1h8.8709+0.920%$96.5M$59.8M10xas long as short
Reya UNIRUSDPERP+0.0360%1h8.8524+0.709%$16K20xas long as short
GMX UNI/USD [UNI-USDC]shortL +0.0379% / S −0.0320%1h8.8572+0.764%$555K120x
Aftermath Perps UNIUSD+0.0467%1h8.8490+0.671%$1K$50K10xas long as short
Lighter UNI+0.0528%1h8.8729+0.943%$4.5M$5.4M15xas long as short
Injective UNI/USDC PERPlong+0.2702%1h8.7900long leg$657$97K12x