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−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended+0.042%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$350.352% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.143%−$14 on $10k
Price spread, last 7 days−0.070%−$7 · spread now +0.042%, 7d avg +0.011%
Together, before fees−0.214%+ Points / potential airdropExtended: Active · farm board−$21 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: BingX is 0.032% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended UNI-USD8.96220.0104pay 0.0013% / 1h46m 41s$299K$1.5M25x
ShortBingX UNI-USDC8.96600.0100get 0.0100% / 8h6h 46m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
−$0.84
Price spread: +0.042% → +0.011%
$3.19
Slippage, 4 orders
−$20.18
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$32.83
Costs to cover
0.352%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; BingX: 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 Extended live order book, 2 min ago2.62 bp5.2 bp −$59.3 bp −$93doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago1.67 bp10.5 bp −$1126.5 bp −$26580.9 bp −$8,091doesn'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
dYdX UNI-USD0.0000%1h8.9717+0.106%$236K$30K10xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9757+0.151%$37K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.475%$660$154K12xas long as short
01 Exchange UNIUSD+0.0056%1h8.9834+0.237%$44810xas long as short
Nado UNI-PERP+0.0100%1h8.9690+0.076%$929K$4.3M10xas long as short
Hyperliquid UNI+0.0100%1h8.9816+0.216%$98.0M$59.6M10xas long as short
Aster UNIUSDT+0.0100%8h8.9850+0.255%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h8.9711+0.100%$294K$582K10xas long as short
Binance UNIUSDT+0.0100%8h8.9690+0.076%$224.7M$609.3M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9660+0.042%$100.6M$107.6M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX UNI-USDT-SWAP+0.0100%8h8.9680+0.065%$55.4M$252.3M50xas long as short
Arcus UNI-USD+0.0100%1h8.9750+0.143%$274K$616K10xas long as short
Gate UNI_USDT+0.0100%8h8.9810+0.210%$22.9M$57.9M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9710+0.098%$49.8M$24.9M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9710+0.098%$13.3M$13.7M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9630+0.009%$32.8M$42.8M75xas long as short
BingX UNI-USDCshort+0.0100%8h8.9660+0.042%$6.5M
Backpack UNI_USDC_PERP+0.0100%1h8.9710+0.098%$983K$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.9791+0.189%$4.1M$4.4Mas long as short
edgeX UNIUSDC+0.0100%4h8.9950+0.366%$169K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9996+0.418%$635K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0000+0.422%$88K$706K50xas long as short
StandX UNI-USD+0.0100%1h8.9970+0.388%$55K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9784+0.181%$85K$408K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9730+0.121%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9800+0.199%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9700+0.087%$21K$715K10xas long as short
HTX UNI-USDT+0.0100%8h8.9944+0.359%$711K$4.2M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9750+0.143%$27.1M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9672+0.056%$26K20xas long as short
Extended UNI-USDlong+0.0104%1h8.9622long leg$299K$1.5M25x
Aevo UNI-PERP+0.0104%1h8.9675+0.060%$32K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0104%1h8.9771+0.167%$580K$187K50xas long as short
BloFin UNI-USDT+0.0220%8h8.9940+0.355%$10.3M$3.6M75xas long as short
Coinbase International UNI-PERP-INTX+0.0312%1h8.9780+0.176%$1.1M$4.6M50xas long as short
Reya UNIRUSDPERP+0.0367%1h8.9723+0.113%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0382% / S −0.0245%1h8.9750+0.143%$641K120xas long as short
Lighter UNI+0.0416%1h8.9872+0.279%$4.6M$5.1M15xas long as short
Kraken Futures PF_UNIUSD+0.0427%1h8.9744+0.136%$5.0M$6.9M50xas long as short
Aftermath Perps UNIUSD+0.1026%1h9.0067+0.497%$883$49K10xas long as short