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+0.0143%/8h= +15.7% APRpaid last 24h +0.095%
Price spread now: GMX against Binance−0.017%7-day average +0.016% · 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)+0.097%+$10 on $10k
Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.017%, 7d avg +0.016%
Together, before fees+0.231%+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.034% cheaper against Binance than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.016%). If the spread goes back, that is −$3 on $10k: about 19 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance UNIUSDT9.00160.0100pay 0.0100% / 8h1h 55m$218.0M$660.1M75x
ShortGMX UNI/USD [UNI-USDC]9.0000L +0.0381% / S −0.0243%get 0.0030% / 1h55m 21s$640K120x

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
$30.13
Price spread: −0.017% → +0.016%
−$3.36
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$4.77
Costs to cover
0.220%
Break-even
5.9 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 bp6.8 bp −$712.1 bp −$12133.0 bp −$3,298150.4 bp −$75.2K
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
Polymarket Perps UNI-USD−0.0101%1h8.9986−0.033%$123K$592K10xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.9935−0.090%$4.7M$8.6M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9934−0.091%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.906%$660$153K12xas long as short
01 Exchange UNIUSD+0.0056%1h9.0012−0.004%$449$510xas long as short
Nado UNI-PERP+0.0086%1h8.9987−0.031%$772K$4.7M10xas long as short
Lighter UNI+0.0096%1h9.0143+0.141%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9997−0.021%$26K20xas long as short
Aster UNIUSDT+0.0100%8h9.0041+0.028%$742K$3.6M50xas long as short
Pacifica UNI+0.0100%1h9.0030+0.016%$288K$593K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDTlong+0.0100%8h9.0016long leg$218.0M$660.1M75x
Bybit UNIUSDT+0.0100%8h8.9970−0.051%$100.1M$112.4M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9950−0.073%$54.8M$268.3M50xas long as short
Arcus UNI-USD+0.0100%1h9.0060+0.049%$321K$705K10xas long as short
Gate UNI_USDT+0.0100%8h8.9990−0.029%$24.8M$65.9M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0010−0.006%$49.6M$26.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0050+0.038%$13.2M$13.4M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0030+0.016%$33.1M$45.8M75xas long as short
BingX UNI-USDC+0.0100%8h9.0000−0.018%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0002−0.015%$1.1M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.9899−0.129%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.9923−0.103%$170K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9848−0.186%$623K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9890−0.140%$90K$708K50xas long as short
StandX UNI-USD+0.0100%1h8.9960−0.062%$15K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0000−0.018%$17K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9954−0.069%$37K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9890−0.140%$32K$887K10xas long as short
HTX UNI-USDT+0.0100%8h9.0027+0.012%$707K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9890−0.140%$27.1M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.9947−0.077%$299K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9910−0.118%$32K3xas long as short
dYdX UNI-USD+0.0111%1h9.0015−0.001%$237K$31K10xas long as short
Coinbase International UNI-PERP-INTX+0.0192%1h9.0100+0.094%$939K$5.6M50xas long as short
Deribit UNI_USDC-PERPETUAL+0.0202%1h8.9956−0.067%$593K$248K50xas long as short
BloFin UNI-USDT+0.0220%8h8.9730−0.317%$10.1M$3.7M75xas long as short
Reya UNIRUSDPERP+0.0378%1h9.0000−0.017%$16K20xas long as short
GMX UNI/USD [UNI-USDC]shortL +0.0381% / S −0.0243%1h9.0000−0.017%$640K120x
Aftermath Perps UNIUSD+0.0482%1h9.0054+0.042%$1K$54K10xas long as short
Hyperliquid UNI+0.0561%1h9.0153+0.152%$97.0M$66.8M10xas long as short