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+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.036%
Price spread now: Coinbase International against StandX+0.259%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$610.607% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.151%−$15 on $10k
Price spread, last 4 days (all we have)−0.214%−$21 · spread now +0.259%, 7d avg −0.018%
Together, before fees−0.365%+ Points / potential airdropStandX: Active · farm board−$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.278% dearer against StandX than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.018%. Mind the row above: over the last 7 days funding on this pair cost −0.151%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX UNI-USD8.86700.0100pay 0.0013% / 1h17m 16s$14K$3.5M20x
ShortCoinbase International UNI-PERP-INTX8.89000.0200get 0.0025% / 1h17m 16s$925K$5.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against StandX. 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
$21
Price spread: +0.259% → −0.018%
$27.76
Slippage, 4 orders
−$42.74
Fee StandX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$11.98
Costs to cover
0.607%
Break-even
11.0 days
Slippage from StandX: live order book, 2 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 StandX live order book, 2 min ago8.45 bp15.1 bp −$1543.5 bp −$435doesn't fitdoesn't fit
Sell Coinbase International live order book, 2 min ago5.08 bp13.3 bp −$1317.7 bp −$17756.2 bp −$5,618doesn'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
Kraken Futures PF_UNIUSD−0.0305%1h8.8975+0.344%$4.7M$8.6M50xas long as short
01 Exchange UNIUSD−0.0008%1h8.8947+0.312%$444$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.8909+0.269%$73K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.417%$660$153K12xas long as short
Nado UNI-PERP+0.0037%1h8.8860+0.214%$728K$4.7M10xas long as short
Polymarket Perps UNI-USD+0.0083%1h8.8872+0.228%$105K$615K10xas long as short
Lighter UNI+0.0096%1h8.9023+0.398%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8828+0.178%$25K20xas long as short
Hyperliquid UNI+0.0100%1h8.8982+0.352%$94.8M$67.7M10xas long as short
Aster UNIUSDT+0.0100%8h8.8965+0.332%$723K$3.3M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.8900+0.259%$287K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.8936+0.300%$215.4M$652.8M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8900+0.259%$98.5M$110.6M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8880+0.237%$54.5M$262.2M50xas long as short
Arcus UNI-USD+0.0100%1h8.8970+0.338%$317K$690K10xas long as short
Gate UNI_USDT+0.0100%8h8.8900+0.259%$26.2M$66.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8850+0.203%$48.1M$26.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8880+0.237%$12.9M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8900+0.259%$32.5M$45.2M75xas long as short
BingX UNI-USDT+0.0100%8h8.8880+0.237%$58.0Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8762+0.104%$1.0M$2.5M10xas long as short
Variational Omni UNI+0.0100%8h8.8330−0.384%$4.1M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h8.8604−0.074%$168K$347K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8706+0.040%$615K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.86700.000%$89K$709K50xas long as short
StandX UNI-USDlong+0.0100%1h8.8670long leg$14K$3.5M20x
Orderly PERP_UNI_USDC+0.0100%8h8.8890+0.248%$16K$2.2M10xas long as short
SunX UNI-USDT+0.0100%8h8.8965+0.333%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8902+0.262%$32K$886K10xas long as short
HTX UNI-USDT+0.0100%8h8.8947+0.312%$702K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8860+0.214%$26.8M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8872+0.228%$286K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8916+0.277%$32K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0200%1h8.8976+0.345%$590K$270K50xas long as short
Coinbase International UNI-PERP-INTXshort+0.0200%1h8.8900+0.259%$925K$5.4M50x
BloFin UNI-USDT+0.0220%8h8.8920+0.282%$10.1M$3.6M75xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8697+0.030%$631K120xas long as short
Reya UNIRUSDPERP+0.0381%1h8.8850+0.203%$16K20xas long as short
Aftermath Perps UNIUSD+0.0393%1h8.8578−0.104%$1K$52K10xas long as short
dYdX UNI-USD+0.0564%1h8.8824+0.174%$234K$30K10xas long as short