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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0184%/8h= +20.1% APRpaid last 24h +0.045%
Price spread now: dYdX against OKX−0.007%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.313%+$31 on $10k
Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.007%, 7d avg +0.045%
Together, before fees+0.400%+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. dYdX is 0.052% cheaper against OKX than usual: you would sell low and buy high (spread −0.007% now, against its 7-day average of +0.045%). If the spread goes back, that is −$5 on $10k: about 23 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX UNI-USDT-SWAP8.91500.0100pay 0.0100% / 8h1h 19m$54.1M$265.7M50x
ShortdYdX UNI-USD8.91440.0284get 0.0035% / 1h19m 06s$235K$31K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against OKX. 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
$38.55
Price spread: −0.007% → +0.045%
−$5.17
Slippage, 4 orders
−$84.4
Fee OKX: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$71.02
Costs to cover
1.044%
Break-even
19.9 days
Slippage from OKX: live order book, 5 min ago; dYdX: live order book, 25 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 OKX live order book, 5 min ago0.56 bp8.2 bp −$816.6 bp −$16671.4 bp −$7,135doesn't fit
Sell dYdX live order book, 25 min ago38.42 bp44.5 bp −$45116.4 bp −$1,164197.9 bp −$19.8K424.0 bp −$212.0K

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
Polymarket Perps UNI-USD−0.0121%1h8.9170+0.022%$107K$618K10xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.9201+0.057%$4.7M$8.6M50xas long as short
01 Exchange UNIUSD−0.0016%1h8.9189+0.044%$445$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9205+0.062%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.953%$660$153K12xas long as short
Nado UNI-PERP+0.0062%1h8.91500.000%$740K$4.7M10xas long as short
Lighter UNI+0.0096%1h8.9273+0.138%$4.5M$5.7M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9127−0.026%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.9187+0.041%$731K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.9159+0.010%$285K$590K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9156+0.006%$215.3M$658.5M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9130−0.022%$99.0M$111.4M75xas long as short
OKX UNI-USDT-SWAPlong+0.0100%8h8.9150long leg$54.1M$265.7M50x
Arcus UNI-USD+0.0100%1h8.9250+0.112%$318K$695K10xas long as short
Gate UNI_USDT+0.0100%8h8.9140−0.011%$25.2M$66.7M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9140−0.011%$49.0M$26.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9180+0.034%$13.1M$13.4M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9110−0.045%$32.6M$45.4M75xas long as short
BingX UNI-USDC+0.0100%8h8.9130−0.022%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9204+0.061%$1.1M$2.5M10xas long as short
Variational Omni UNI+0.0100%8h8.9139−0.012%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.9258+0.122%$169K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9241+0.102%$624K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9210+0.067%$90K$710K50xas long as short
StandX UNI-USD+0.0100%1h8.9210+0.067%$15K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9130−0.022%$16K$1.9M10xas long as short
SunX UNI-USDT+0.0100%8h8.9198+0.054%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9145−0.006%$32K$887K10xas long as short
HTX UNI-USDT+0.0100%8h8.9204+0.061%$698K$4.8M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9180+0.034%$26.9M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.9085−0.073%$293K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9135−0.017%$32K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0120%1h8.9192+0.047%$588K$250K50xas long as short
Hyperliquid UNI+0.0188%1h8.9266+0.130%$94.9M$67.5M10xas long as short
Coinbase International UNI-PERP-INTX+0.0192%1h8.9200+0.056%$929K$5.5M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9170+0.022%$10.0M$3.6M75xas long as short
dYdX UNI-USDshort+0.0284%1h8.9144−0.007%$235K$31K10x
Reya UNIRUSDPERP+0.0379%1h8.9170+0.023%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.9159+0.010%$635K120xas long as short
Aftermath Perps UNIUSD+0.0495%1h8.9262+0.126%$1K$53K10xas long as short