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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.18 per $10,000 · paid last 24h +0.084%
Price spread now: GMX against Pacifica+0.373%7-day average +0.014% · 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)+0.087%+$9 on $10k
Price spread, last 4 days (all we have)−0.243%−$24 · spread now +0.373%, 7d avg +0.014%
Together, before fees−0.156%+ Points / potential airdropPacifica: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.358% dearer against Pacifica than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica UNI9.16660.0100pay 0.0013% / 1h11m 25s$298K$573K10x
ShortGMX UNI/USD [UNI-USDC]9.2008L +0.0381% / S −0.0244%get 0.0030% / 1h11m 25s$654K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Pacifica. 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
$30.22
Price spread: +0.373% → +0.014%
$35.84
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$46.06
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Pacifica: live order book, 52 min ago; GMX: 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 Pacifica live order book, 52 min ago0.54 bp11.8 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
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
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h9.2027+0.393%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−3.673%$660$154K12xas long as short
01 Exchange UNIUSD+0.0056%1h9.1881+0.234%$458$510xas long as short
Nado UNI-PERP+0.0100%1h9.1870+0.222%$957K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.1782+0.126%$1.0M$2.9M50xas long as short
Pacifica UNIlong+0.0100%1h9.1666long leg$298K$573K10x
Binance UNIUSDT+0.0100%8h9.2038+0.405%$228.5M$621.8M75xas long as short
Bybit UNIUSDT+0.0100%8h9.2000+0.364%$103.5M$109.9M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.2000+0.364%$56.9M$258.7M50xas long as short
Arcus UNI-USD+0.0100%1h9.1860+0.211%$291K$618K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h9.1980+0.342%$23.6M$61.9M75xas long as short
MEXC UNI_USDT+0.0100%8h9.1970+0.331%$49.5M$25.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.1990+0.353%$13.8M$13.0M75xas long as short
Bitget UNIUSDT+0.0100%8h9.1900+0.255%$33.7M$43.4M75xas long as short
BingX UNI-USDT+0.0100%8h9.1990+0.353%$56.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.1705+0.042%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h9.2057+0.426%$4.3M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h9.1978+0.340%$173K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.1893+0.247%$642K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.2110+0.484%$90K$694K50xas long as short
StandX UNI-USD+0.0100%1h9.1890+0.244%$56K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.1947+0.306%$88K$419K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.2010+0.375%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.1960+0.320%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.1944+0.303%$22K$772K10xas long as short
HTX UNI-USDT+0.0100%8h9.2020+0.386%$723K$4.5M75xas long as short
Phemex UNIUSDT+0.0100%8h9.1830+0.178%$27.8M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.1552−0.124%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.1657−0.011%$312K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.1930+0.287%$33K3xas long as short
dYdX UNI-USD+0.0121%1h9.1635−0.035%$241K$31K10xas long as short
BloFin UNI-USDT+0.0220%8h9.1920+0.277%$10.4M$3.6M75xas long as short
Kraken Futures PF_UNIUSD+0.0267%1h9.1997+0.360%$5.1M$7.7M50xas long as short
Deribit UNI_USDC-PERPETUAL+0.0289%1h9.1966+0.327%$589K$193K50xas long as short
Coinbase International UNI-PERP-INTX+0.0296%1h9.1920+0.277%$1.1M$5.4M50xas long as short
Reya UNIRUSDPERP+0.0371%1h9.1896+0.250%$17K20xas long as short
GMX UNI/USD [UNI-USDC]shortL +0.0381% / S −0.0244%1h9.2008+0.373%$654K120x
Hyperliquid UNI+0.0550%1h9.2070+0.440%$100.4M$61.7M10xas long as short
Lighter UNI+0.0576%1h9.1794+0.139%$4.7M$5.8M15xas long as short
Aftermath Perps UNIUSD+0.1005%1h9.2050+0.419%$893$47K10xas long as short