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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0172%/8h= +18.8% APRnext payment +$0.21 per $10,000 · paid last 24h +0.026%
Price spread now: Coinbase International against SoDEX−0.052%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$450.453% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.076%−$8 on $10k
Price spread, last 3 days (all we have)−0.002%$0 · spread now −0.052%, 7d avg +0.028%
Together, before fees−0.079%−$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.080% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of +0.028%). If the spread goes back, that is −$8 on $10k: about 37 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 3 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX UNI-USD9.07570.0100pay 0.0013% / 1h2m 10s$22K$713K10x
ShortCoinbase International UNI-PERP-INTX9.07100.0272get 0.0034% / 1h2m 10s$1.1M$4.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against SoDEX. 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
$36.12
Price spread: −0.052% → +0.028%
−$7.96
Slippage, 4 orders
−$27.34
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$17.18
Costs to cover
0.453%
Break-even
10.3 days
Slippage from SoDEX: live order book, 7 min ago; Coinbase International: 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 SoDEX live order book, 7 min ago0.55 bp9.1 bp −$926.7 bp −$267133.3 bp −$13.3Kdoesn't fit
Sell Coinbase International live order book, 2 min ago4.39 bp16.1 bp −$1621.1 bp −$21158.9 bp −$5,886doesn'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
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.0689−0.075%$19K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−2.707%$660$154K12xas long as short
Deribit UNI_USDC-PERPETUAL+0.0083%1h9.0787+0.034%$587K$186K50xas long as short
01 Exchange UNIUSD+0.0096%1h9.0765+0.009%$45310xas long as short
Nado UNI-PERP+0.0100%1h9.0600−0.173%$965K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.0703−0.059%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.0863+0.117%$301K$586K10xas long as short
Binance UNIUSDT+0.0100%8h9.0780+0.025%$230.5M$601.0M75xas long as short
Bybit UNIUSDT+0.0100%8h9.0730−0.030%$102.3M$107.3M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.0710−0.052%$56.3M$253.8M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h9.0820+0.069%$280K$618K10xas long as short
Gate UNI_USDT+0.0100%8h9.0730−0.030%$23.1M$60.8M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0740−0.019%$50.5M$25.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0770+0.014%$13.6M$13.6M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0740−0.019%$33.3M$42.8M75xas long as short
BingX UNI-USDT+0.0100%8h9.0720−0.041%$57.0Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0711−0.051%$996K$2.4M10xas long as short
Variational Omni UNI+0.0100%8h9.0908+0.167%$4.1M$4.4Mas long as short
edgeX UNIUSDC+0.0100%4h9.1361+0.665%$172K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.1234+0.525%$639K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.1040+0.312%$89K$708K50xas long as short
StandX UNI-USD+0.0100%1h9.1170+0.455%$56K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0733−0.026%$88K$395K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0760+0.003%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.0827+0.077%$37K$1.3M30xas long as short
SoDEX UNI-USDlong+0.0100%1h9.0757long leg$22K$713K10x
HTX UNI-USDT+0.0100%8h9.0760+0.003%$720K$4.4M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0770+0.014%$27.4M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0686−0.078%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.0737−0.022%$304K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0765+0.009%$32K3xas long as short
dYdX UNI-USD+0.0193%1h9.0905+0.164%$244K$24K10xas long as short
BloFin UNI-USDT+0.0220%8h9.0910+0.169%$10.5M$3.6M75xas long as short
Coinbase International UNI-PERP-INTXshort+0.0272%1h9.0710−0.052%$1.1M$4.8M50x
Reya UNIRUSDPERP+0.0367%1h9.0625−0.146%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0697−0.067%$647K120xas long as short
Kraken Futures PF_UNIUSD+0.0387%1h9.0834+0.085%$5.0M$7.0M50xas long as short
Hyperliquid UNI+0.0517%1h9.0833+0.084%$99.8M$58.6M10xas long as short
Lighter UNI+0.0944%1h9.0917+0.176%$4.7M$5.4M15xas long as short
Aftermath Perps UNIUSD+0.1064%1h9.1267+0.562%$939$49K10xas long as short