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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0179%/8hpaid last 24h −0.038%
Price spread now: MEXC against Hyperliquid−0.119%7-day average −0.082% · 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−$23as in the Price arb table
costs, in and out, $10k−$200.197% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.210%−$21 on $10k
Price spread, last 7 days+0.029%+$3 · spread now −0.119%, 7d avg −0.082%
Together, before fees−0.181%+ Points / potential airdropHyperliquid: Season 2 · farm board−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and MEXC is 0.037% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.082%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid UNI8.82350.0279pay 0.0035% / 1h6m 17s$95.9M$60.3M10x
ShortMEXC UNI_USDT8.81300.0100get 0.0100% / 8h4h 06m$42.5M$24.6M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Hyperliquid. 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
−$37.62
Price spread: −0.119% → −0.082%
−$3.72
Slippage, 4 orders
−$6.66
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$61
Costs to cover
0.197%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 12 min ago; MEXC: live order book, 2 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 Hyperliquid live order book, 12 min ago0.06 bp7.8 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago0.57 bp2.6 bp −$36.7 bp −$6717.5 bp −$1,747139.0 bp −$69.5K

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
Bybit UNIUSDT−0.0213%8h8.8070−0.187%$102.3M$105.0M75xas long as short
Variational Omni UNI−0.0208%8h8.7835−0.454%$3.8M$5.1Mas long as short
OKX UNI-USDT-SWAP−0.0006%8h8.8120−0.130%$54.7M$247.5M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.8154−0.092%$61K150xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8091−0.164%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8090−0.164%$826K$3.9M10xas long as short
Aster UNIUSDT+0.0100%8h8.8200−0.040%$1.1M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.8123−0.127%$297K$566K10xas long as short
Binance UNIUSDT+0.0100%8h8.8130−0.119%$216.7M$595.1M75xas long as short
Arcus UNI-USD+0.0100%1h8.8180−0.062%$271K$595K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h8.8120−0.130%$22.7M$59.8M75xas long as short
MEXC UNI_USDTshort+0.0100%8h8.8130−0.119%$42.5M$24.6M200x
KuCoin UNIUSDTM+0.0100%8h8.8120−0.130%$13.5M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8080−0.176%$31.9M$40.9M75xas long as short
BingX UNI-USDC+0.0100%8h8.8100−0.153%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8140−0.108%$982K$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h8.7946−0.328%$165K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.7941−0.333%$611K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.7990−0.278%$83K$727K50xas long as short
StandX UNI-USD+0.0100%1h8.8000−0.266%$85K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8134−0.114%$87K$323K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8130−0.119%$15K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8193−0.048%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8100−0.153%$25K$650K10xas long as short
HTX UNI-USDT+0.0100%8h8.8240+0.006%$708K$4.2M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8140−0.108%$26.5M$4.2M50xas long as short
Extended UNI-USD+0.0104%1h8.8073−0.183%$307K$1.4M25xas long as short
01 Exchange UNIUSD+0.0104%1h8.8227−0.009%$44010xas long as short
Aevo UNI-PERP+0.0104%1h8.8160−0.085%$31K$1K3xas long as short
dYdX UNI-USD+0.0128%1h8.8145−0.102%$244K$5K10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0165%1h8.8190−0.051%$548K$126K50xas long as short
Kraken Futures PF_UNIUSD+0.0166%1h8.8160−0.085%$5.0M$7.7M50xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.7940−0.334%$1.0M$5.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8060−0.198%$9.9M$3.3M75xas long as short
Hyperliquid UNIlong+0.0279%1h8.8235long leg$95.9M$60.3M10x
Reya UNIRUSDPERP+0.0356%1h8.8103−0.150%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0382% / S −0.0324%1h8.8154−0.092%$550K120xas long as short
Aftermath Perps UNIUSD+0.0563%1h8.8072−0.184%$1K$52K10xas long as short
Lighter UNI+0.0704%1h8.8300+0.074%$4.6M$5.3M15xas long as short
Injective UNI/USDC PERP+0.5000%1h9.3200+5.627%$16K$89K12xas long as short