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+0.0054%/8h= +5.9% APRpaid last 24h +0.025%
Price spread now: Pacifica against OKX+0.078%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$340.337% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.094%+$9 on $10k
Price spread, last 7 days−0.088%−$9 · spread now +0.078%, 7d avg +0.025%
Together, before fees+0.006%+ Points / potential airdropPacifica: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.052% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX UNI-USDT-SWAP8.87900.0046pay 0.0046% / 8h1h 17m$54.9M$244.8M50x
ShortPacifica UNI8.88590.0100get 0.0013% / 1h17m 42s$300K$577K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$11.24
Price spread: +0.078% → +0.025%
$5.24
Slippage, 4 orders
−$15.73
Fee OKX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$17.26
Costs to cover
0.337%
Break-even
17.7 days
Slippage from OKX: live order book, 1 min ago; Pacifica: live order book, 66 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, 1 min ago0.56 bp10.2 bp −$1015.1 bp −$15153.4 bp −$5,344doesn't fit
Sell Pacifica live order book, 66 min ago0.56 bp10.9 bp −$11doesn't fitdoesn't fitdoesn't fit

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−0.0051%8h8.8824+0.038%$3.9M$4.5Mas long as short
Bybit UNIUSDT+0.0001%8h8.8800+0.011%$101.2M$104.7M75xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.8984+0.218%$62K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.552%$660$155K12xas long as short
OKX UNI-USDT-SWAPlong+0.0046%8h8.8790long leg$54.9M$244.8M50x
01 Exchange UNIUSD+0.0056%1h8.8973+0.206%$44410xas long as short
Deribit UNI_USDC-PERPETUAL+0.0096%1h8.9017+0.256%$566K$157K50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8787−0.003%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8910+0.135%$943K$4.0M10xas long as short
Aster UNIUSDT+0.0100%8h8.8889+0.112%$1.0M$3.3M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNIshort+0.0100%1h8.8859+0.078%$300K$577K10x
Binance UNIUSDT+0.0100%8h8.8830+0.045%$218.3M$588.6M75xas long as short
Arcus UNI-USD+0.0100%1h8.9050+0.293%$284K$612K10xas long as short
Gate UNI_USDT+0.0100%8h8.8850+0.068%$23.1M$58.7M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8850+0.068%$43.0M$24.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8900+0.124%$13.6M$13.7M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8840+0.056%$32.2M$41.3M75xas long as short
BingX UNI-USDC+0.0100%8h8.8860+0.079%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8978+0.212%$988K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.8861+0.080%$167K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8866+0.086%$627K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8860+0.079%$88K$711K50xas long as short
StandX UNI-USD+0.0100%1h8.8880+0.101%$106K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8975+0.208%$86K$354K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8950+0.180%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9013+0.251%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8956+0.187%$25K$666K10xas long as short
HTX UNI-USDT+0.0100%8h8.9040+0.282%$730K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8950+0.180%$26.8M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8805+0.017%$301K$1.4M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8975+0.208%$32K$1K3xas long as short
dYdX UNI-USD+0.0126%1h8.8848+0.065%$246K$6K10xas long as short
BloFin UNI-USDT+0.0220%8h8.8830+0.045%$9.8M$3.4M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.9050+0.293%$1.1M$5.3M50xas long as short
Kraken Futures PF_UNIUSD+0.0340%1h8.9020+0.259%$5.0M$7.0M50xas long as short
Hyperliquid UNI+0.0361%1h8.8978+0.212%$97.6M$59.1M10xas long as short
Reya UNIRUSDPERP+0.0362%1h8.8920+0.147%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0319%1h8.8987+0.222%$557K120xas long as short
Lighter UNI+0.0600%1h8.9017+0.256%$4.5M$5.2M15xas long as short
Aftermath Perps UNIUSD+0.0636%1h8.8821+0.034%$1K$50K10xas long as short