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

UNI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.018%
Price spread now: Arcus against OKX+0.090%7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$360.358% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.034%+$3 on $10k
Price spread, last 4 days (all we have)+0.083%+$8 · spread now +0.090%, 7d avg +0.116%
Together, before fees+0.118%+$12 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: Arcus is 0.026% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.116%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX UNI-USDT-SWAP8.90800.0100pay 0.0100% / 8h1h 38m$54.2M$265.9M50x
ShortArcus UNI-USD8.91600.0100get 0.0013% / 1h38m 56s$318K$704K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against OKX. 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: +0.090% → +0.116%
−$2.59
Slippage, 4 orders
−$21.34
Fee OKX: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$38.43
Costs to cover
0.358%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Arcus: 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 OKX live order book, 5 min ago0.56 bp9.0 bp −$917.7 bp −$17771.0 bp −$7,096doesn't fit
Sell Arcus live order book, 5 min ago3.91 bp8.7 bp −$911.1 bp −$111doesn'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
Polymarket Perps UNI-USD−0.0169%1h8.9047−0.037%$107K$607K10xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.9128+0.054%$4.7M$8.7M50xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.9119+0.044%$587K$250K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9078−0.002%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.876%$660$153K12xas long as short
01 Exchange UNIUSD+0.0040%1h8.9070−0.011%$444$510xas long as short
Lighter UNI+0.0096%1h8.9238+0.177%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9072−0.009%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.9060−0.022%$755K$4.7M10xas long as short
Aster UNIUSDT+0.0100%8h8.9134+0.060%$735K$3.6M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.9095+0.017%$285K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.9100+0.022%$215.3M$659.6M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9070−0.011%$98.9M$112.2M75xas long as short
OKX UNI-USDT-SWAPlong+0.0100%8h8.9080long leg$54.2M$265.9M50x
Arcus UNI-USDshort+0.0100%1h8.9160+0.090%$318K$704K10x
Gate UNI_USDT+0.0100%8h8.90800.000%$24.9M$66.4M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9070−0.011%$49.0M$26.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9110+0.034%$13.0M$13.4M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9060−0.022%$32.7M$45.5M75xas long as short
BingX UNI-USDT+0.0100%8h8.9090+0.011%$57.4Mas long as short
Variational Omni UNI+0.0100%8h8.9189+0.123%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.9164+0.095%$169K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9245+0.186%$630K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9250+0.191%$90K$710K50xas long as short
StandX UNI-USD+0.0100%1h8.9220+0.157%$15K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9070−0.011%$16K$1.8M10xas long as short
SunX UNI-USDT+0.0100%8h8.9135+0.062%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9090+0.011%$32K$887K10xas long as short
HTX UNI-USDT+0.0100%8h8.9294+0.240%$698K$4.9M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9160+0.090%$26.9M$4.5M50xas long as short
dYdX UNI-USD+0.0102%1h8.9095+0.017%$235K$31K10xas long as short
Extended UNI-USD+0.0104%1h8.9048−0.036%$297K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9076−0.004%$32K3xas long as short
Backpack UNI_USDC_PERP+0.0108%1h8.9148+0.076%$1.1M$2.4M10xas long as short
Coinbase International UNI-PERP-INTX+0.0192%1h8.9150+0.079%$930K$5.5M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9110+0.034%$10.1M$3.6M75xas long as short
Hyperliquid UNI+0.0372%1h8.9182+0.115%$94.8M$67.4M10xas long as short
Reya UNIRUSDPERP+0.0378%1h8.9048−0.036%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.9126+0.052%$634K120xas long as short
Aftermath Perps UNIUSD+0.0538%1h8.9416+0.377%$1K$53K10xas long as short