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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.035%
Price spread now: Coinbase International against StandX−0.462%46s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$680.682% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.164%−$16 on $10k
Price spread, last 4 days (all we have)+0.634%+$63 · spread now −0.462%, 7d avg −0.013%
Together, before fees+0.470%+ Points / potential airdropStandX: Active · farm board+$47 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.448% cheaper against StandX than usual: you would sell low and buy high (spread −0.462% now, against its 7-day average of −0.013%). If the spread goes back, that is −$45 on $10k: about 10 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.164%, so the current rate has only just turned in your favour. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX UNI-USD9.09400.0100pay 0.0013% / 1h27m 30s$15K$3.4M20x
ShortCoinbase International UNI-PERP-INTX9.05200.0248get 0.0031% / 1h27m 30s$1.1M$5.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against StandX. 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
$31.08
Price spread: −0.462% → −0.013%
−$44.84
Slippage, 4 orders
−$50.15
Fee StandX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$81.91
Costs to cover
0.682%
Break-even
25.4 days
Slippage from StandX: live order book, 1 min ago; Coinbase International: live order book, 1 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 StandX live order book, 1 min ago6.07 bp11.5 bp −$1136.4 bp −$364doesn't fitdoesn't fit
Sell Coinbase International live order book, 1 min ago4.97 bp15.3 bp −$1520.1 bp −$20149.1 bp −$4,911doesn'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
Deribit UNI_USDC-PERPETUAL0.0000%1h9.0314−0.689%$579K$193K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.0258−0.750%$37K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−2.903%$660$154K12xas long as short
01 Exchange UNIUSD+0.0064%1h9.0345−0.654%$451$510xas long as short
Nado UNI-PERP+0.0100%1h9.0295−0.709%$890K$4.4M10xas long as short
Aster UNIUSDT+0.0100%8h9.0387−0.608%$838K$3.5M50xas long as short
Pacifica UNI+0.0100%1h9.0396−0.598%$293K$599K10xas long as short
Binance UNIUSDT+0.0100%8h9.0332−0.669%$222.1M$636.8M75xas long as short
Bybit UNIUSDT+0.0100%8h9.0310−0.693%$101.4M$110.8M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.0310−0.693%$54.9M$259.7M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h9.0430−0.561%$313K$651K10xas long as short
Gate UNI_USDT+0.0100%8h9.0400−0.594%$23.5M$63.5M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0280−0.726%$47.7M$25.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0260−0.748%$13.5M$13.2M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0300−0.704%$33.3M$44.7M75xas long as short
BingX UNI-USDC+0.0100%8h9.0400−0.594%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0310−0.693%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h9.0539−0.441%$4.3M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h9.0568−0.409%$171K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0621−0.351%$632K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.09400.000%$93K$700K50xas long as short
StandX UNI-USDlong+0.0100%1h9.0940long leg$15K$3.4M20x
Polymarket Perps UNI-USD+0.0100%1h9.0343−0.656%$87K$425K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0290−0.715%$16K$1.5M10xas long as short
SunX UNI-USDT+0.0100%8h9.0412−0.581%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.0270−0.737%$22K$790K10xas long as short
HTX UNI-USDT+0.0100%8h9.0466−0.521%$723K$4.6M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0310−0.693%$27.3M$4.4M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0363−0.634%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.0342−0.657%$292K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0293−0.712%$32K3xas long as short
dYdX UNI-USD+0.0117%1h9.0355−0.643%$238K$30K10xas long as short
Lighter UNI+0.0176%1h9.0521−0.461%$4.6M$5.8M15xas long as short
BloFin UNI-USDT+0.0220%8h9.0820−0.132%$10.4M$3.6M75xas long as short
Coinbase International UNI-PERP-INTXshort+0.0248%1h9.0520−0.462%$1.1M$5.7M50x
Kraken Futures PF_UNIUSD+0.0271%1h9.0350−0.649%$5.0M$7.9M50xas long as short
Reya UNIRUSDPERP+0.0372%1h9.0252−0.757%$16K20xas long as short
Hyperliquid UNI+0.0377%1h9.0380−0.616%$97.9M$62.6M10xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0246−0.763%$643K120xas long as short
Aftermath Perps UNIUSD+0.1000%1h9.0489−0.496%$1K$46K10xas long as short