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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against StandX+0.211%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$730.726% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 3 days (all we have)−0.037%−$4 · spread now +0.211%, 7d avg −0.013%
Together, before fees−0.084%+ Points / potential airdropStandX: Active · farm board−$8 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: Phemex is 0.224% dearer against StandX than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX UNI-USD8.98500.0100pay 0.0013% / 1h59m 49s$36K$3.3M20x
ShortPhemex UNIUSDT9.00400.0100get 0.0100% / 8h7h 59m$27.2M$4.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$0
Price spread: +0.211% → −0.013%
$22.4
Slippage, 4 orders
−$52.61
Fee StandX: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$50.21
Costs to cover
0.726%
Break-even
never at this rate
Slippage from StandX: live order book, 4 min ago; Phemex: live order book, 4 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, 4 min ago8.36 bp12.5 bp −$1331.8 bp −$318doesn't fitdoesn't fit
Sell Phemex live order book, 4 min ago2.79 bp8.8 bp −$931.7 bp −$317doesn'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
Injective UNI/USDC PERP−0.0049%1h8.8300−1.725%$660$155K12xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.0024+0.193%$62K150xas long as short
OKX UNI-USDT-SWAP+0.0087%8h8.98500.000%$55.0M$249.6M50xas long as short
Variational Omni UNI+0.0090%8h9.0023+0.192%$4.1M$4.4Mas long as short
Nado UNI-PERP+0.0100%1h8.9980+0.145%$947K$4.2M10xas long as short
Aster UNIUSDT+0.0100%8h8.9985+0.150%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h9.0021+0.191%$298K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.9920+0.078%$222.5M$592.1M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9860+0.011%$101.6M$105.8M75xas long as short
Arcus UNI-USD+0.0100%1h9.0080+0.256%$270K$614K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h8.9920+0.078%$22.9M$59.3M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9970+0.134%$44.0M$24.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9960+0.122%$13.6M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9920+0.078%$32.9M$42.2M75xas long as short
BingX UNI-USDC+0.0100%8h8.9920+0.078%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0033+0.204%$1.1M$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h8.9687−0.182%$169K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9730−0.134%$624K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9730−0.134%$88K$709K50xas long as short
StandX UNI-USDlong+0.0100%1h8.9850long leg$36K$3.3M20x
Polymarket Perps UNI-USD+0.0100%1h9.0054+0.227%$85K$367K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9990+0.156%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.0050+0.223%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9990+0.156%$21K$679K10xas long as short
HTX UNI-USDT+0.0100%8h9.0090+0.267%$722K$4.4M75xas long as short
Phemex UNIUSDTshort+0.0100%8h9.0040+0.211%$27.2M$4.5M50x
Paradex UNI-USD-PERP+0.0100%8h9.0002+0.169%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9902+0.058%$302K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0023+0.193%$32K$1K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0149%1h9.0052+0.225%$580K$177K50xas long as short
01 Exchange UNIUSD+0.0152%1h9.0037+0.208%$44910xas long as short
BloFin UNI-USDT+0.0220%8h9.0070+0.245%$10.0M$3.5M75xas long as short
Coinbase International UNI-PERP-INTX+0.0232%1h9.0080+0.256%$1.1M$5.4M50xas long as short
dYdX UNI-USD+0.0279%1h9.0016+0.185%$249K$6K10xas long as short
Reya UNIRUSDPERP+0.0365%1h9.0009+0.177%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0382% / S −0.0322%1h9.0016+0.185%$570K120xas long as short
Hyperliquid UNI+0.0408%1h9.0090+0.267%$98.6M$59.7M10xas long as short
Kraken Futures PF_UNIUSD+0.0562%1h9.0060+0.234%$5.0M$7.0M50xas long as short
Aftermath Perps UNIUSD+0.0874%1h8.9887+0.041%$1K$49K10xas long as short
Lighter UNI+0.0880%1h9.0189+0.377%$4.6M$5.3M15xas long as short