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

UNI

all UNI markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 00:00 UTC−0.0291%/8h= −31.9% APRpaid last 24h −0.072%
Price spread now: Bybit against GMX−0.019%7-day average −0.096% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on GMXShort on Bybit
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.252%−$25 on $10k
Price spread, last 3 days (all we have)−0.165%−$16 · spread now −0.019%, 7d avg −0.096%
Together, before fees−0.417%−$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.077% dearer against GMX than usual: you sell high and buy low (spread −0.019% now, against its 7-day average of −0.096%): +$8 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX UNI/USD [UNI-USDC]8.9747L +0.0382% / S −0.0323%pay 0.0048% / 1h23m 36s$568K—120x
ShortBybit UNIUSDT8.97300.0091get 0.0091% / 8h23m 36s$101.8M$105.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against GMX. 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
−$61.1
Price spread: −0.019% → −0.096%
$7.66
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$76.44
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample—————
Sell Bybit live order book, 5 min ago0.56 bp8.1 bp −$815.7 bp −$15739.4 bp −$3,936doesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h8.8300−1.612%$660$155K12xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9754+0.008%$62K—150xas long as short
Deribit UNI_USDC-PERPETUAL+0.0029%1h8.9765+0.020%$578K$176K50xas long as short
Variational Omni UNI+0.0051%8h8.9935+0.209%$4.1M$4.4M—as long as short
Bybit UNIUSDTshort+0.0091%8h8.9730−0.019%$101.8M$105.0M75x
OKX UNI-USDT-SWAP+0.0092%8h8.9720−0.030%$54.9M$248.9M50xas long as short
Nado UNI-PERP+0.0100%1h8.9765+0.020%$953K$4.2M10xas long as short
Aster UNIUSDT+0.0100%8h8.9779+0.035%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9746−0.001%$297K$593K10xas long as short
Binance UNIUSDT+0.0100%8h8.9810+0.070%$222.2M$590.3M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h8.9800+0.059%$265K$632K10xas long as short
Gate UNI_USDT+0.0100%8h8.9750+0.003%$22.9M$58.8M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9730−0.019%$43.6M$24.0M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9700−0.052%$13.6M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9680−0.075%$32.8M$42.1M75xas long as short
BingX UNI-USDT+0.0100%8h8.9740−0.008%—$51.9M—as long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9804+0.063%$1.0M$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h8.9779+0.036%$169K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0060+0.349%$632K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9950+0.226%$88K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.9880+0.148%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9766+0.021%$85K$363K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9730−0.019%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9840+0.104%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9728−0.021%$21K$676K10xas long as short
HTX UNI-USDT+0.0100%8h8.9915+0.187%$717K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9730−0.019%$27.1M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9694−0.059%$26K—20xas long as short
Extended UNI-USD+0.0104%1h8.9687−0.067%$303K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9743−0.004%$32K$1K3xas long as short
01 Exchange UNIUSD+0.0176%1h8.9806+0.066%$448—10xas long as short
dYdX UNI-USD+0.0203%1h8.9804+0.063%$249K$6K10xas long as short
BloFin UNI-USDT+0.0220%8h8.9730−0.019%$10.0M$3.5M75xas long as short
Coinbase International UNI-PERP-INTX+0.0232%1h8.9860+0.126%$1.1M$5.4M50xas long as short
Reya UNIRUSDPERP+0.0364%1h8.9719−0.031%$16K—20xas long as short
GMX UNI/USD [UNI-USDC]longL +0.0382% / S −0.0323%1h8.9747long leg$568K—120x
Hyperliquid UNI+0.0511%1h8.9770+0.026%$98.4M$59.0M10xas long as short
Kraken Futures PF_UNIUSD+0.0564%1h8.9799+0.058%$5.0M$7.0M50xas long as short
Aftermath Perps UNIUSD+0.0808%1h8.9951+0.227%$1K$49K10xas long as short
Lighter UNI+0.0872%1h8.9894+0.164%$4.6M$5.2M15xas long as short