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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.030%
Price spread now: Binance against Bybit+0.029%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$300.304% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 7 days+0.023%+$2 · spread now +0.029%, 7d avg +0.061%
Together, before fees+0.053%+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.032% cheaper against Bybit than usual: you would sell low and buy high (spread +0.029% now, against its 7-day average of +0.061%). If the spread goes back, that is −$3 on $10k: about 11 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit UNIUSDT8.97100.0091pay 0.0091% / 8h24m 14s$101.8M$105.0M75x
ShortBinance UNIUSDT8.97360.0100get 0.0100% / 8h24m 14s$222.0M$590.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$1.98
Price spread: +0.029% → +0.061%
−$3.16
Slippage, 4 orders
−$9.38
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$31.56
Costs to cover
0.304%
Break-even
118.7 days
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 5 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 Bybit live order book, 5 min ago0.56 bp9.0 bp −$917.9 bp −$17938.5 bp −$3,845doesn't fit
Sell Binance live order book, 5 min ago0.56 bp7.1 bp −$713.3 bp −$13336.6 bp −$3,660154.1 bp −$77.1K

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%1h8.8300−1.572%$660$155K12xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9754+0.049%$62K150xas long as short
Deribit UNI_USDC-PERPETUAL+0.0029%1h8.9765+0.061%$578K$176K50xas long as short
Variational Omni UNI+0.0051%8h8.9935+0.250%$4.1M$4.4Mas long as short
Bybit UNIUSDTlong+0.0091%8h8.9710long leg$101.8M$105.0M75x
OKX UNI-USDT-SWAP+0.0091%8h8.9700−0.011%$54.9M$248.8M50xas long as short
Nado UNI-PERP+0.0100%1h8.9765+0.061%$953K$4.2M10xas long as short
Aster UNIUSDT+0.0100%8h8.9790+0.089%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9755+0.050%$297K$593K10xas long as short
Binance UNIUSDTshort+0.0100%8h8.9736+0.029%$222.0M$590.2M75x
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h8.9840+0.145%$265K$632K10xas long as short
Gate UNI_USDT+0.0100%8h8.9740+0.033%$22.9M$58.8M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9730+0.022%$43.6M$24.0M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9750+0.045%$13.6M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9700−0.011%$32.8M$42.1M75xas long as short
BingX UNI-USDT+0.0100%8h8.9730+0.022%$52.0Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9804+0.105%$1.0M$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h8.9917+0.231%$169K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0060+0.390%$632K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9950+0.268%$88K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.9880+0.189%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9766+0.062%$85K$363K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9730+0.022%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9840+0.145%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9728+0.020%$21K$676K10xas long as short
HTX UNI-USDT+0.0100%8h8.9915+0.229%$717K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9730+0.022%$27.1M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9739+0.032%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9677−0.037%$303K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9743+0.037%$32K$1K3xas long as short
dYdX UNI-USD+0.0174%1h8.9788+0.087%$249K$6K10xas long as short
01 Exchange UNIUSD+0.0176%1h8.9806+0.107%$44810xas long as short
BloFin UNI-USDT+0.0220%8h8.9730+0.022%$10.0M$3.5M75xas long as short
Coinbase International UNI-PERP-INTX+0.0232%1h8.9860+0.167%$1.1M$5.4M50xas long as short
Reya UNIRUSDPERP+0.0364%1h8.9719+0.010%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0382% / S −0.0323%1h8.9747+0.041%$568K120xas long as short
Hyperliquid UNI+0.0514%1h8.9829+0.133%$98.5M$59.0M10xas long as short
Kraken Futures PF_UNIUSD+0.0564%1h8.9799+0.099%$5.0M$7.0M50xas long as short
Aftermath Perps UNIUSD+0.0808%1h8.9951+0.269%$1K$49K10xas long as short
Lighter UNI+0.0872%1h8.9913+0.226%$4.6M$5.2M15xas long as short