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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0163%/8h= +17.8% APRnext payment +$0.20 per $10,000 · paid last 24h +0.032%
Price spread now: dYdX against Arcus−0.210%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$780.776% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.282%+$28 on $10k
Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.210%, 7d avg −0.071%
Together, before fees+0.439%+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. dYdX is 0.139% cheaper against Arcus than usual: you would sell low and buy high (spread −0.210% now, against its 7-day average of −0.071%). If the spread goes back, that is −$14 on $10k: about 2.8 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus UNI-USD8.94300.0100pay 0.0013% / 1h20m 33s$320K$664K10x
ShortdYdX UNI-USD8.92420.0263get 0.0033% / 1h20m 33s$235K$30K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Arcus. 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
$34.21
Price spread: −0.210% → −0.071%
−$13.88
Slippage, 4 orders
−$63.15
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$57.32
Costs to cover
0.776%
Break-even
18.7 days
Slippage from Arcus: live order book, 33 min ago; dYdX: live order book, 33 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 Arcus live order book, 33 min ago6.63 bp8.9 bp −$914.6 bp −$146doesn't fitdoesn't fit
Sell dYdX live order book, 33 min ago21.54 bp33.0 bp −$33132.1 bp −$1,321211.1 bp −$21.1K341.6 bp −$170.8K

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
01 Exchange UNIUSD0.0000%1h8.9362−0.076%$446$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9248−0.204%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.264%$660$154K12xas long as short
Deribit UNI_USDC-PERPETUAL+0.0058%1h8.9280−0.168%$572K$208K50xas long as short
Lighter UNI+0.0096%1h8.9319−0.124%$4.5M$5.9M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9339−0.101%$26K20xas long as short
Nado UNI-PERP+0.0100%1h8.9255−0.196%$943K$4.5M10xas long as short
Hyperliquid UNI+0.0100%1h8.9309−0.136%$94.9M$64.6M10xas long as short
Aster UNIUSDT+0.0100%8h8.9266−0.183%$780K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.9278−0.170%$290K$608K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9351−0.088%$219.4M$648.1M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9330−0.112%$100.2M$111.7M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9330−0.112%$54.2M$261.4M50xas long as short
Arcus UNI-USDlong+0.0100%1h8.9430long leg$320K$664K10x
Gate UNI_USDT+0.0100%8h8.9360−0.078%$23.8M$64.6M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9250−0.201%$47.4M$26.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9220−0.235%$13.2M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9340−0.101%$32.9M$45.8M75xas long as short
BingX UNI-USDT+0.0100%8h8.9340−0.101%$56.7Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9236−0.217%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h8.9179−0.280%$4.2M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.9270−0.179%$169K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9410−0.022%$621K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9340−0.101%$91K$701K50xas long as short
StandX UNI-USD+0.0100%1h8.9330−0.112%$15K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9286−0.161%$87K$438K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9230−0.224%$16K$1.4M10xas long as short
SunX UNI-USDT+0.0100%8h8.9289−0.158%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9205−0.252%$31K$811K10xas long as short
HTX UNI-USDT+0.0100%8h8.9358−0.081%$700K$4.9M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9180−0.280%$27.0M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.9316−0.128%$289K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9207−0.250%$32K3xas long as short
Coinbase International UNI-PERP-INTX+0.0216%1h8.9290−0.157%$929K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9170−0.291%$10.2M$3.6M75xas long as short
dYdX UNI-USDshort+0.0263%1h8.9242−0.210%$235K$30K10x
Kraken Futures PF_UNIUSD+0.0273%1h8.9226−0.228%$4.9M$8.2M50xas long as short
Reya UNIRUSDPERP+0.0375%1h8.9271−0.178%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.9247−0.205%$635K120xas long as short
Aftermath Perps UNIUSD+0.0773%1h8.9428−0.002%$960$45K10xas long as short