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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0223%/8h= +24.4% APRpaid last 24h +0.077%
Price spread now: GMX against Binance−0.116%7-day average +0.022% · you buy dearer than you sell
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)+0.088%+$9 on $10k
Price spread, last 3 days (all we have)+0.232%+$23 · spread now −0.116%, 7d avg +0.022%
Together, before fees+0.320%+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.138% cheaper against Binance than usual: you would sell low and buy high (spread −0.116% now, against its 7-day average of +0.022%). If the spread goes back, that is −$14 on $10k: about 2.1 days of funding at the current rate (+$7 a day). At the pace of the last 3 days (+0.088% in total) that is about 5.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance UNIUSDT8.98400.0100pay 0.0100% / 8h7h 55m$222.4M$591.1M75x
ShortGMX UNI/USD [UNI-USDC]8.9736L +0.0382% / S −0.0323%get 0.0040% / 1h55m 04s$568K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Binance. 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
$46.74
Price spread: −0.116% → +0.022%
−$13.78
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$10.96
Costs to cover
0.220%
Break-even
5.4 days
Slippage unknown: Binance: live order book, 4 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 Binance live order book, 4 min ago0.56 bp6.5 bp −$612.8 bp −$12841.3 bp −$4,127177.9 bp −$89.0K
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
Gate UNI_USDT−0.0283%8h8.9760−0.089%$22.8M$57.3M75xas long as short
dYdX UNI-USD0.0000%1h8.9906+0.073%$249K$6K10xas long as short
01 Exchange UNIUSD0.0000%1h8.9698−0.158%$44810xas long as short
Deribit UNI_USDC-PERPETUAL+0.0001%1h8.9771−0.077%$578K$178K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9745−0.106%$62K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.714%$660$154K12xas long as short
OKX UNI-USDT-SWAP+0.0086%8h8.9810−0.033%$54.9M$249.2M50xas long as short
Variational Omni UNI+0.0099%8h9.0013+0.192%$4.1M$4.4Mas long as short
Nado UNI-PERP+0.0100%1h8.9742−0.109%$952K$4.2M10xas long as short
Aster UNIUSDT+0.0100%8h8.9820−0.022%$1.0M$3.3M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.9896+0.062%$299K$591K10xas long as short
Binance UNIUSDTlong+0.0100%8h8.9840long leg$222.4M$591.1M75x
Bybit UNIUSDT+0.0100%8h8.98400.000%$101.4M$106.2M75xas long as short
Arcus UNI-USD+0.0100%1h8.9860+0.022%$270K$618K10xas long as short
MEXC UNI_USDT+0.0100%8h8.9820−0.022%$43.9M$23.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9740−0.111%$13.6M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9770−0.078%$32.9M$42.2M75xas long as short
BingX UNI-USDC+0.0100%8h8.9790−0.056%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9802−0.042%$1.1M$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h9.0031+0.212%$169K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0084+0.271%$627K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0150+0.345%$88K$707K50xas long as short
StandX UNI-USD+0.0100%1h9.0060+0.245%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9773−0.075%$85K$374K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9720−0.134%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9821−0.021%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9724−0.129%$21K$680K10xas long as short
HTX UNI-USDT+0.0100%8h8.9926+0.096%$721K$4.4M75xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9743−0.108%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9748−0.102%$302K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9764−0.084%$32K3xas long as short
BloFin UNI-USDT+0.0220%8h8.9690−0.167%$10.0M$3.5M75xas long as short
Coinbase International UNI-PERP-INTX+0.0272%1h8.9790−0.056%$1.1M$5.4M50xas long as short
Hyperliquid UNI+0.0272%1h8.9880+0.045%$98.3M$59.9M10xas long as short
Phemex UNIUSDT+0.0307%8h8.9770−0.078%$27.1M$4.5M50xas long as short
Reya UNIRUSDPERP+0.0365%1h8.9709−0.146%$16K20xas long as short
GMX UNI/USD [UNI-USDC]shortL +0.0382% / S −0.0323%1h8.9736−0.116%$568K120x
Kraken Futures PF_UNIUSD+0.0391%1h8.9772−0.076%$5.0M$7.0M50xas long as short
Lighter UNI+0.0656%1h8.9920+0.089%$4.6M$5.2M15xas long as short
Aftermath Perps UNIUSD+0.0859%1h8.9949+0.121%$1K$49K10xas long as short