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

UNI

all UNI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Phemex−0.038%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$440.440% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.081%+$8 on $10k
Price spread, last 4 days (all we have)−0.219%−$22 · spread now −0.038%, 7d avg −0.087%
Together, before fees−0.137%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.049% dearer against Phemex than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.087%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex UNIUSDT8.76800.0100pay 0.0100% / 8h5h 06m$26.5M$4.5M50x
ShortExtended UNI-USD8.76470.0104get 0.0013% / 1h6m 56s$300K$1.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Phemex. 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
$0.84
Price spread: −0.038% → −0.087%
$4.92
Slippage, 4 orders
−$27.04
Fee Phemex: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$38.29
Costs to cover
0.440%
Break-even
326.0 days
Slippage from Phemex: live order book, 5 min ago; Extended: live order book, 5 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 Phemex live order book, 5 min ago7.98 bp18.4 bp −$1827.1 bp −$271doesn't fitdoesn't fit
Sell Extended live order book, 5 min ago0.06 bp3.5 bp −$39.2 bp −$92doesn't fitdoesn't fit

UNI on 40 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit UNI_USDC-PERPETUAL0.0000%1h8.7650−0.034%$580K$214K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.7763+0.094%$75K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300+0.707%$660$147K12xas long as short
Nado UNI-PERP+0.0060%1h8.7675−0.006%$646K$3.9M10xas long as short
01 Exchange UNIUSD+0.0072%1h8.7687+0.008%$438$5610xas long as short
OKX UNI-USDT-SWAP+0.0084%8h8.7700+0.023%$54.1M$216.9M50xas long as short
Lighter UNI+0.0096%1h8.7767+0.099%$4.3M$4.8M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.7621−0.067%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.7743+0.071%$765K$2.5M50xas long as short
Pacifica UNI+0.0100%1h8.7687+0.009%$289K$456K10xas long as short
Show all 40 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.7720+0.046%$213.8M$556.7M75xas long as short
Bybit UNIUSDT+0.0100%8h8.7690+0.011%$97.5M$95.7M75xas long as short
Arcus UNI-USD+0.0100%1h8.7750+0.080%$319K$518K10xas long as short
Gate UNI_USDT+0.0100%8h8.7730+0.057%$28.1M$56.2M75xas long as short
MEXC UNI_USDT+0.0100%8h8.7700+0.023%$46.0M$21.0M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.7730+0.057%$12.9M$11.0M75xas long as short
Bitget UNIUSDT+0.0100%8h8.76800.000%$33.0M$42.0M75xas long as short
BingX UNI-USDT+0.0100%8h8.7700+0.023%$49.7Mas long as short
Variational Omni UNI+0.0100%8h8.7683+0.003%$4.0M$2.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.7680−0.001%$165K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.7755+0.086%$613K$2.2M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.7720+0.046%$89K$714K50xas long as short
StandX UNI-USD+0.0100%1h8.7770+0.103%$93K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.7663−0.019%$96K$616K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.7620−0.068%$16K$2.4M10xas long as short
SunX UNI-USDT+0.0100%8h8.7695+0.017%$36K$1.1M30xas long as short
SoDEX UNI-USD+0.0100%1h8.7628−0.059%$21K$730K10xas long as short
HTX UNI-USDT+0.0100%8h8.7712+0.036%$704K$3.8M75xas long as short
Phemex UNIUSDTlong+0.0100%8h8.7680long leg$26.5M$4.5M50x
Extended UNI-USDshort+0.0104%1h8.7647−0.038%$300K$1.7M25x
Aevo UNI-PERP+0.0104%1h8.7609−0.081%$31K3xas long as short
Backpack UNI_USDC_PERP+0.0124%1h8.7721+0.047%$1.1M$2.2M10xas long as short
Kraken Futures PF_UNIUSD+0.0132%1h8.7664−0.018%$4.7M$7.6M50xas long as short
Hyperliquid UNI+0.0167%1h8.7770+0.103%$94.1M$60.1M10xas long as short
BloFin UNI-USDT+0.0220%8h8.76800.000%$10.0M$3.3M75xas long as short
Coinbase International UNI-PERP-INTX+0.0240%1h8.7830+0.171%$911K$4.4M50xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.7661−0.022%$623K120xas long as short
Reya UNIRUSDPERP+0.0388%1h8.7698+0.021%$16K20xas long as short
dYdX UNI-USD+0.0430%1h8.7805+0.143%$230K$32K10xas long as short
Aftermath Perps UNIUSD+0.0524%1h8.7750+0.080%$1K$49K10xas long as short