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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.051%
Price spread now: BloFin against OKX+0.294%83s7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.327% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.280%+$28 on $10k
Price spread, last 4 days (all we have)+0.305%+$31 · spread now +0.294%, 7d avg +0.061%
Together, before fees+0.585%+$59 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.233% dearer against OKX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.061%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX UNI-USDT-SWAP9.16900.0100pay 0.0100% / 8h5h 13m$56.7M$257.5M50x
ShortBloFin UNI-USDT9.19600.0220get 0.0220% / 8h5h 13m$10.4M$3.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: +0.294% → +0.061%
$23.3
Slippage, 4 orders
−$10.67
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$15.83
Costs to cover
0.327%
Break-even
2.6 days
Slippage from OKX: live order book, 5 min ago; BloFin: 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 ago0.54 bp9.0 bp −$916.8 bp −$16858.8 bp −$5,884doesn't fit
Sell BloFin live order book, 5 min ago1.61 bp7.6 bp −$813.0 bp −$13040.1 bp −$4,011doesn'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
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h9.1790+0.109%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−3.697%$660$154K12xas long as short
01 Exchange UNIUSD+0.0056%1h9.1859+0.184%$458$510xas long as short
Nado UNI-PERP+0.0100%1h9.1735+0.049%$947K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.1854+0.179%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.1909+0.239%$299K$573K10xas long as short
Binance UNIUSDT+0.0100%8h9.1730+0.044%$227.7M$620.6M75xas long as short
Bybit UNIUSDT+0.0100%8h9.1700+0.011%$103.1M$109.7M75xas long as short
OKX UNI-USDT-SWAPlong+0.0100%8h9.1690long leg$56.7M$257.5M50x
Arcus UNI-USD+0.0100%1h9.1990+0.327%$291K$614K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h9.1730+0.044%$23.5M$61.8M75xas long as short
MEXC UNI_USDT+0.0100%8h9.1770+0.087%$49.1M$25.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.1760+0.076%$13.8M$12.9M75xas long as short
Bitget UNIUSDT+0.0100%8h9.1700+0.011%$33.6M$43.4M75xas long as short
BingX UNI-USDT+0.0100%8h9.1740+0.055%$56.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.1819+0.141%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h9.2057+0.400%$4.3M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h9.2667+1.066%$175K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.2320+0.687%$647K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.2680+1.080%$90K$694K50xas long as short
StandX UNI-USD+0.0100%1h9.2140+0.491%$51K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.1785+0.104%$88K$418K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.1780+0.098%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.1798+0.118%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.1756+0.072%$22K$772K10xas long as short
HTX UNI-USDT+0.0100%8h9.2097+0.444%$724K$4.4M75xas long as short
Phemex UNIUSDT+0.0100%8h9.1770+0.087%$27.7M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.1882+0.209%$26K20xas long as short
dYdX UNI-USD+0.0104%1h9.1922+0.253%$242K$31K10xas long as short
Extended UNI-USD+0.0104%1h9.1700+0.011%$312K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.1780+0.099%$33K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0144%1h9.1815+0.137%$588K$193K50xas long as short
BloFin UNI-USDTshort+0.0220%8h9.1960+0.294%$10.4M$3.6M75x
Kraken Futures PF_UNIUSD+0.0267%1h9.1841+0.164%$5.1M$7.7M50xas long as short
Coinbase International UNI-PERP-INTX+0.0296%1h9.1870+0.196%$1.1M$5.4M50xas long as short
Reya UNIRUSDPERP+0.0371%1h9.1721+0.034%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.1793+0.112%$653K120xas long as short
Hyperliquid UNI+0.0538%1h9.1951+0.285%$100.2M$61.6M10xas long as short
Lighter UNI+0.0576%1h9.1914+0.244%$4.7M$5.8M15xas long as short
Aftermath Perps UNIUSD+0.0977%1h9.2126+0.476%$885$47K10xas long as short