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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0223%/8h= +24.4% APRnext payment +$0.28 per $10,000 · paid last 24h +0.077%
Price spread now: GMX against Pacifica−0.006%7-day average +0.017% · you buy dearer than you sell
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)+0.083%+$8 on $10k
Price spread, last 3 days (all we have)+0.050%+$5 · spread now −0.006%, 7d avg +0.017%
Together, before fees+0.133%+ Points / potential airdropPacifica: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.022% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.006% now, against its 7-day average of +0.017%). If the spread goes back, that is −$2 on $10k: about 8 hours of funding at the current rate (+$7 a day). At the pace of the last 3 days (+0.083% in total) that is about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica UNI9.19120.0100pay 0.0013% / 1h18m 55s$306K$589K10x
ShortGMX UNI/USD [UNI-USDC]9.1906L +0.0381% / S −0.0323%get 0.0040% / 1h18m 55s$581K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Pacifica. 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
$46.73
Price spread: −0.006% → +0.017%
−$2.23
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$24.5
Costs to cover
0.200%
Break-even
3.3 days
Slippage unknown: Pacifica: live order book, 55 min ago; 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 Pacifica live order book, 55 min ago1.67 bp7.8 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
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
Deribit UNI_USDC-PERPETUAL0.0000%1h9.1801−0.120%$593K$185K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.1860−0.056%$39K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−3.929%$660$154K12xas long as short
01 Exchange UNIUSD+0.0072%1h9.1969+0.063%$45910xas long as short
Nado UNI-PERP+0.0100%1h9.2040+0.140%$996K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.1635−0.301%$1.1M$2.9M50xas long as short
Pacifica UNIlong+0.0100%1h9.1912long leg$306K$589K10x
Binance UNIUSDT+0.0100%8h9.1600−0.339%$232.7M$603.8M75xas long as short
Bybit UNIUSDT+0.0100%8h9.1610−0.328%$103.1M$108.0M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.1600−0.339%$56.5M$257.1M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h9.2020+0.118%$284K$626K10xas long as short
Gate UNI_USDT+0.0100%8h9.1590−0.350%$23.4M$60.2M75xas long as short
MEXC UNI_USDT+0.0100%8h9.1570−0.372%$45.8M$24.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.1600−0.339%$13.6M$13.6M75xas long as short
Bitget UNIUSDT+0.0100%8h9.1570−0.372%$33.8M$43.2M75xas long as short
BingX UNI-USDC+0.0100%8h9.1580−0.361%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.1631−0.305%$1.0M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h9.2000+0.096%$4.2M$4.4Mas long as short
edgeX UNIUSDC+0.0100%4h9.2156+0.266%$174K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.2149+0.259%$643K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.2110+0.216%$90K$707K50xas long as short
StandX UNI-USD+0.0100%1h9.1990+0.085%$57K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.2097+0.202%$85K$384K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.1820−0.100%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.1755−0.170%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.1649−0.286%$22K$711K10xas long as short
HTX UNI-USDT+0.0100%8h9.1840−0.078%$725K$4.4M75xas long as short
Phemex UNIUSDT+0.0100%8h9.1650−0.285%$27.6M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.1822−0.097%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.1505−0.442%$309K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.1806−0.115%$33K3xas long as short
dYdX UNI-USD+0.0133%1h9.1872−0.043%$242K$20K10xas long as short
BloFin UNI-USDT+0.0220%8h9.1690−0.241%$10.4M$3.6M75xas long as short
Coinbase International UNI-PERP-INTX+0.0272%1h9.1730−0.198%$1.1M$4.9M50xas long as short
Reya UNIRUSDPERP+0.0366%1h9.1885−0.028%$17K20xas long as short
GMX UNI/USD [UNI-USDC]shortL +0.0381% / S −0.0323%1h9.1906−0.006%$581K120x
Kraken Futures PF_UNIUSD+0.0383%1h9.1682−0.250%$5.1M$7.1M50xas long as short
Hyperliquid UNI+0.0550%1h9.1688−0.243%$101.0M$59.8M10xas long as short
Lighter UNI+0.0960%1h9.1809−0.112%$4.7M$5.3M15xas long as short
Aftermath Perps UNIUSD+0.1005%1h9.2331+0.456%$979$49K10xas long as short