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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0397%/8h= −43.5% APRnext payment $0.50 per $10,000 · paid last 24h −0.064%
Price spread now: 01 Exchange against GMX+0.043%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.043% dearer against GMX than usual: you sell high and buy low (spread +0.043% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 9 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX UNI/USD [UNI-USDC]8.8281L +0.0381% / S −0.0243%pay 0.0048% / 1h26m 16s$628K120x
Short01 Exchange UNIUSD8.8319−0.0016pay 0.0002% / 1h26m 16s$441$510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$83.33
Price spread: +0.043% → 0.000%
$4.28
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$98.05
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample
GMX and 01 Exchange: 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
Kraken Futures PF_UNIUSD−0.0308%1h8.8300+0.022%$4.7M$8.6M50xas long as short
01 Exchange UNIUSDshort−0.0016%1h8.8319+0.043%$441$510x
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8288+0.008%$48K150xas long as short
Deribit UNI_USDC-PERPETUAL+0.0026%1h8.8303+0.025%$583K$260K50xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300+0.021%$660$153K12xas long as short
Nado UNI-PERP+0.0043%1h8.8280−0.001%$723K$4.7M10xas long as short
Polymarket Perps UNI-USD+0.0059%1h8.8269−0.014%$105K$616K10xas long as short
Lighter UNI+0.0096%1h8.8418+0.155%$4.4M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8253−0.032%$25K20xas long as short
Hyperliquid UNI+0.0100%1h8.8347+0.074%$94.1M$67.8M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster UNIUSDT+0.0100%8h8.8311+0.034%$718K$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.8310+0.033%$286K$599K10xas long as short
Binance UNIUSDT+0.0100%8h8.8240−0.047%$213.6M$652.6M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8230−0.058%$97.8M$110.5M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8220−0.069%$54.0M$260.9M50xas long as short
Arcus UNI-USD+0.0100%1h8.8340+0.067%$315K$690K10xas long as short
Gate UNI_USDT+0.0100%8h8.8260−0.024%$25.8M$66.4M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8270−0.013%$47.9M$26.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8300+0.021%$13.0M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8240−0.047%$32.3M$45.2M75xas long as short
BingX UNI-USDC+0.0100%8h8.8250−0.035%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8429+0.167%$1.1M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8309+0.031%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.8325+0.049%$167K$348K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8281−0.001%$612K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8310+0.033%$89K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.8290+0.010%$14K$3.4M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8210−0.081%$16K$2.2M10xas long as short
SunX UNI-USDT+0.0100%8h8.8341+0.068%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8235−0.052%$32K$887K10xas long as short
HTX UNI-USDT+0.0100%8h8.8576+0.334%$697K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8450+0.191%$26.7M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8206−0.086%$285K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8260−0.024%$31K3xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8370+0.101%$920K$5.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8390+0.123%$10.1M$3.6M75xas long as short
Reya UNIRUSDPERP+0.0381%1h8.8230−0.058%$16K20xas long as short
GMX UNI/USD [UNI-USDC]longL +0.0381% / S −0.0243%1h8.8281long leg$628K120x
Aftermath Perps UNIUSD+0.0385%1h8.8477+0.221%$945$53K10xas long as short
dYdX UNI-USD+0.0562%1h8.8322+0.047%$233K$30K10xas long as short