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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.037%
Price spread now: dYdX against Bitget+0.152%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$890.890% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.280%+$28 on $10k
Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.152%, 7d avg +0.046%
Together, before fees+0.251%+$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.107% dearer against Bitget than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of +0.046%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.280%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget UNIUSDT8.95800.0100pay 0.0100% / 8h6h 46m$32.8M$42.8M75x
ShortdYdX UNI-USD8.97170.0000get 0.0000% / 1h46m 10s$236K$30K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Bitget. 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
−$20.95
Price spread: +0.152% → +0.046%
$10.68
Slippage, 4 orders
−$66.96
Fee Bitget: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$99.24
Costs to cover
0.890%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; dYdX: live order book, 23 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 Bitget live order book, 3 min ago1.67 bp9.7 bp −$1016.1 bp −$16147.6 bp −$4,755doesn't fit
Sell dYdX live order book, 23 min ago25.60 bp37.5 bp −$38146.8 bp −$1,468218.2 bp −$21.8K386.6 bp −$193.3K

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
dYdX UNI-USDshort0.0000%1h8.9717+0.152%$236K$30K10x
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9648+0.075%$37K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.429%$660$154K12xas long as short
01 Exchange UNIUSD+0.0056%1h8.9709+0.144%$44810xas long as short
Nado UNI-PERP+0.0100%1h8.9650+0.078%$929K$4.3M10xas long as short
Hyperliquid UNI+0.0100%1h8.9676+0.107%$97.8M$59.7M10xas long as short
Aster UNIUSDT+0.0100%8h8.9729+0.166%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h8.9711+0.146%$294K$582K10xas long as short
Binance UNIUSDT+0.0100%8h8.9640+0.067%$224.6M$609.3M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9610+0.033%$100.6M$107.6M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX UNI-USDT-SWAP+0.0100%8h8.9610+0.033%$55.4M$252.2M50xas long as short
Arcus UNI-USD+0.0100%1h8.9750+0.190%$274K$616K10xas long as short
Gate UNI_USDT+0.0100%8h8.9620+0.045%$22.8M$57.9M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9670+0.100%$49.9M$24.9M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9680+0.112%$13.3M$13.7M75xas long as short
Bitget UNIUSDTlong+0.0100%8h8.9580long leg$32.8M$42.8M75x
BingX UNI-USDC+0.0100%8h8.9630+0.056%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9629+0.055%$982K$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.9621+0.046%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.9950+0.413%$169K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9996+0.465%$635K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0000+0.469%$88K$706K50xas long as short
StandX UNI-USD+0.0100%1h8.9770+0.212%$55K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9677+0.108%$85K$408K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9670+0.100%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9710+0.145%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9640+0.067%$21K$715K10xas long as short
HTX UNI-USDT+0.0100%8h8.9860+0.313%$714K$4.2M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9630+0.056%$27.0M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9672+0.103%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9657+0.086%$299K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9663+0.093%$32K3xas long as short
BloFin UNI-USDT+0.0220%8h8.9940+0.402%$10.3M$3.6M75xas long as short
Deribit UNI_USDC-PERPETUAL+0.0232%1h8.9739+0.177%$580K$187K50xas long as short
Coinbase International UNI-PERP-INTX+0.0312%1h8.9820+0.268%$1.1M$4.6M50xas long as short
Reya UNIRUSDPERP+0.0368%1h8.9611+0.034%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0382% / S −0.0245%1h8.9647+0.075%$639K120xas long as short
Kraken Futures PF_UNIUSD+0.0427%1h8.9720+0.156%$5.0M$6.9M50xas long as short
Lighter UNI+0.0440%1h8.9823+0.271%$4.6M$5.1M15xas long as short
Aftermath Perps UNIUSD+0.1018%1h9.0005+0.475%$883$49K10xas long as short