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+0.0212%/8h= +23.2% APRnext payment +$0.27 per $10,000 · paid last 24h +0.030%
Price spread now: Coinbase International against SoDEX+0.066%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$470.474% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.074%−$7 on $10k
Price spread, last 3 days (all we have)−0.078%−$8 · spread now +0.066%, 7d avg +0.028%
Together, before fees−0.152%−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.038% dearer against SoDEX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.028%. Mind the row above: over the last 3 days funding on this pair cost −0.074%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX UNI-USD9.06500.0100pay 0.0013% / 1h25m 57s$22K$712K10x
ShortCoinbase International UNI-PERP-INTX9.07100.0312get 0.0039% / 1h25m 57s$1.1M$4.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against SoDEX. 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
$44.52
Price spread: +0.066% → +0.028%
$3.84
Slippage, 4 orders
−$29.45
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$0.91
Costs to cover
0.474%
Break-even
6.9 days
Slippage from SoDEX: live order book, 43 min ago; Coinbase International: live order book, 3 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 SoDEX live order book, 43 min ago0.55 bp9.1 bp −$926.7 bp −$267133.3 bp −$13.3Kdoesn't fit
Sell Coinbase International live order book, 3 min ago3.87 bp15.4 bp −$1520.6 bp −$20664.4 bp −$6,444doesn't fit

UNI on 39 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 −0.0004%1h9.0618−0.035%$19K150xas long as short
dYdX UNI-USD+0.0020%1h9.0397−0.280%$238K$30K10xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−2.592%$660$154K12xas long as short
01 Exchange UNIUSD+0.0040%1h9.0519−0.145%$45210xas long as short
Nado UNI-PERP+0.0100%1h9.0572−0.085%$947K$4.3M10xas long as short
Hyperliquid UNI+0.0100%1h9.0883+0.257%$98.7M$60.4M10xas long as short
Aster UNIUSDT+0.0100%8h9.0719+0.076%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.0420−0.254%$296K$574K10xas long as short
Binance UNIUSDT+0.0100%8h9.0831+0.200%$226.8M$610.6M75xas long as short
Bybit UNIUSDT+0.0100%8h9.0790+0.154%$101.6M$107.4M75xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX UNI-USDT-SWAP+0.0100%8h9.0800+0.165%$56.0M$254.3M50xas long as short
Arcus UNI-USD+0.0100%1h9.0510−0.154%$287K$641K10xas long as short
Gate UNI_USDT+0.0100%8h9.0740+0.099%$23.2M$58.6M75xas long as short
MEXC UNI_USDT+0.0100%8h9.06500.000%$49.8M$26.2M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0660+0.011%$13.5M$13.7M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0800+0.165%$33.2M$42.8M75xas long as short
BingX UNI-USDT+0.0100%8h9.0750+0.110%$57.0Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0751+0.111%$996K$2.4M10xas long as short
Variational Omni UNI+0.0100%8h9.0580−0.077%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h9.0414−0.260%$170K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0275−0.414%$628K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0420−0.254%$88K$699K50xas long as short
StandX UNI-USD+0.0100%1h9.0510−0.154%$56K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0630−0.022%$86K$410K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0630−0.022%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.0694+0.049%$37K$1.3M30xas long as short
SoDEX UNI-USDlong+0.0100%1h9.0650long leg$22K$712K10x
HTX UNI-USDT+0.0100%8h9.0760+0.121%$721K$4.2M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0610−0.044%$27.4M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0391−0.286%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.0780+0.143%$303K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0646−0.004%$32K3xas long as short
Coinbase International UNI-PERP-INTXshort+0.0312%1h9.0710+0.066%$1.1M$4.7M50x
Reya UNIRUSDPERP+0.0368%1h9.0573−0.085%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0620−0.033%$645K120xas long as short
Kraken Futures PF_UNIUSD+0.0423%1h9.0669+0.021%$5.0M$6.9M50xas long as short
Deribit UNI_USDC-PERPETUAL+0.0434%1h9.0707+0.063%$589K$187K50xas long as short
Lighter UNI+0.0448%1h9.0792+0.157%$4.7M$5.3M15xas long as short
Aftermath Perps UNIUSD+0.0948%1h9.0328−0.355%$901$48K10xas long as short