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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h −0.036%
Price spread now: BingX against Coinbase International−0.136%7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$450.452% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BingX is 0.136% cheaper against Coinbase International than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International UNI-PERP-INTX8.83300.0248pay 0.0031% / 1h18m 10s$923K$4.4M50x
ShortBingX UNI-USDC8.82100.0100get 0.0100% / 8h6h 18m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Coinbase International. 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: −0.136% → 0.000%
−$13.59
Slippage, 4 orders
−$25.18
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$89.85
Costs to cover
0.452%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; BingX: live order book, 11 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 Coinbase International live order book, 4 min ago5.64 bp11.7 bp −$1217.7 bp −$17758.0 bp −$5,795doesn't fit
Sell BingX live order book, 11 min ago1.13 bp11.4 bp −$1130.5 bp −$30585.7 bp −$8,565doesn't fit

UNI on 40 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.8325−0.005%$76K150xas long as short
Nado UNI-PERP+0.0020%1h8.8290−0.045%$727K$4.1M10xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.034%$660$152K12xas long as short
dYdX UNI-USD+0.0039%1h8.8344+0.016%$231K$32K10xas long as short
01 Exchange UNIUSD+0.0048%1h8.8436+0.120%$441$5610xas long as short
Lighter UNI+0.0096%1h8.8340+0.011%$4.4M$5.0M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8274−0.064%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8280−0.057%$781K$2.5M50xas long as short
Pacifica UNI+0.0100%1h8.83300.000%$288K$478K10xas long as short
Binance UNIUSDT+0.0100%8h8.8280−0.057%$213.9M$590.3M75xas long as short
Show all 40 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit UNIUSDT+0.0100%8h8.8270−0.068%$97.8M$100.0M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8250−0.091%$54.4M$236.6M50xas long as short
Arcus UNI-USD+0.0100%1h8.8440+0.125%$321K$557K10xas long as short
Gate UNI_USDT+0.0100%8h8.8230−0.113%$27.4M$58.2M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8220−0.125%$45.6M$25.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8350+0.023%$12.9M$11.7M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8160−0.192%$32.8M$43.6M75xas long as short
BingX UNI-USDCshort+0.0100%8h8.8210−0.136%$6.5M
Backpack UNI_USDC_PERP+0.0100%1h8.8286−0.050%$1.1M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h8.8387+0.064%$4.1M$3.1Mas long as short
edgeX UNIUSDC+0.0100%4h8.8439+0.124%$167K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8386+0.063%$627K$2.4M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8490+0.181%$89K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.8410+0.091%$91K$3.5M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8361+0.035%$105K$591K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8310−0.023%$16K$2.6M10xas long as short
SunX UNI-USDT+0.0100%8h8.8380+0.057%$35K$1.2M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8315−0.017%$32K$730K10xas long as short
HTX UNI-USDT+0.0100%8h8.8416+0.097%$696K$4.2M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8240−0.102%$26.6M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8289−0.047%$298K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8320−0.011%$31K3xas long as short
Kraken Futures PF_UNIUSD+0.0142%1h8.8372+0.048%$4.7M$7.8M50xas long as short
Deribit UNI_USDC-PERPETUAL+0.0143%1h8.8379+0.055%$585K$222K50xas long as short
BloFin UNI-USDT+0.0220%8h8.8270−0.068%$10.0M$3.4M75xas long as short
Coinbase International UNI-PERP-INTXlong+0.0248%1h8.8330long leg$923K$4.4M50x
Hyperliquid UNI+0.0256%1h8.8333+0.003%$95.0M$63.5M10xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8340+0.011%$629K120xas long as short
Reya UNIRUSDPERP+0.0385%1h8.8351+0.023%$16K20xas long as short
Aftermath Perps UNIUSD+0.0526%1h8.8381+0.057%$1K$51K10xas long as short