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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.02 per $10,000 · paid last 24h +0.038%
Price spread now: dYdX against Extended−0.035%7-day average +0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$730.727% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.160%+$16 on $10k
Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.035%, 7d avg +0.082%
Together, before fees+0.310%+ Points / potential airdropExtended: Active · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. dYdX is 0.117% cheaper against Extended than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of +0.082%). If the spread goes back, that is −$12 on $10k: about 26 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.160% in total) that is about 5.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended UNI-USD8.95880.0104pay 0.0013% / 1h4m 51s$302K$1.5M25x
ShortdYdX UNI-USD8.95570.0119get 0.0015% / 1h4m 51s$248K$6K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$3.18
Price spread: −0.035% → +0.082%
−$11.66
Slippage, 4 orders
−$57.7
Fee Extended: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$81.18
Costs to cover
0.727%
Break-even
185.4 days
Slippage from Extended: live order book, 4 min ago; dYdX: live order book, 14 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, 4 min ago0.06 bp3.9 bp −$48.8 bp −$88doesn't fitdoesn't fit
Sell dYdX live order book, 14 min ago27.53 bp32.5 bp −$33171.8 bp −$1,718199.2 bp −$19.9K413.8 bp −$206.9K

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
Variational Omni UNI−0.0030%8h8.9413−0.195%$4.0M$4.6Mas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9634+0.051%$62K150xas long as short
Bybit UNIUSDT+0.0019%8h8.9640+0.058%$102.3M$104.8M75xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.437%$660$155K12xas long as short
OKX UNI-USDT-SWAP+0.0059%8h8.9630+0.047%$55.4M$247.8M50xas long as short
01 Exchange UNIUSD+0.0080%1h8.9688+0.112%$44810xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9611+0.026%$26K20xas long as short
Nado UNI-PERP+0.0100%1h8.9567−0.023%$947K$4.1M10xas long as short
Aster UNIUSDT+0.0100%8h8.9700+0.125%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9605+0.019%$298K$584K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9657+0.077%$220.7M$591.2M75xas long as short
Arcus UNI-USD+0.0100%1h8.9720+0.148%$277K$621K10xas long as short
Gate UNI_USDT+0.0100%8h8.9670+0.092%$23.1M$59.0M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9660+0.081%$43.2M$24.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9620+0.036%$13.6M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9590+0.003%$32.4M$41.3M75xas long as short
BingX UNI-USDC+0.0100%8h8.9650+0.069%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9633+0.051%$995K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.9307−0.314%$168K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9280−0.344%$628K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9370−0.243%$88K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.9380−0.232%$107K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9654+0.074%$87K$356K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9640+0.058%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9692+0.116%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9590+0.003%$25K$663K10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0100%1h8.9678+0.101%$570K$157K50xas long as short
HTX UNI-USDT+0.0100%8h8.9714+0.141%$734K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9610+0.025%$27.0M$4.4M50xas long as short
Extended UNI-USDlong+0.0104%1h8.9588long leg$302K$1.5M25x
Aevo UNI-PERP+0.0104%1h8.9742+0.172%$32K$1K3xas long as short
dYdX UNI-USDshort+0.0119%1h8.9557−0.035%$248K$6K10x
BloFin UNI-USDT+0.0220%8h8.9620+0.036%$9.9M$3.4M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.9670+0.092%$1.1M$5.4M50xas long as short
Kraken Futures PF_UNIUSD+0.0338%1h8.9660+0.080%$5.0M$7.0M50xas long as short
Reya UNIRUSDPERP+0.0363%1h8.9605+0.019%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0380% / S −0.0320%1h8.9633+0.051%$563K120xas long as short
Hyperliquid UNI+0.0451%1h8.9698+0.123%$98.8M$59.3M10xas long as short
Lighter UNI+0.0656%1h8.9782+0.217%$4.6M$5.2M15xas long as short
Aftermath Perps UNIUSD+0.0663%1h8.9393−0.217%$1K$49K10xas long as short