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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0073%/8h= +8.0% APRpaid last 24h +0.039%
Price spread now: dYdX against BingX+0.050%49s7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1921.922% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.303%+$30 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.050%, 7d avg +0.038%
Together, before fees+0.236%+$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX UNI-USDC8.78700.0100pay 0.0100% / 8h2h 05m$6.5M
ShortdYdX UNI-USD8.79140.0173get 0.0022% / 1h5m 50s$243K$6K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against BingX. 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
$15.39
Price spread: +0.050% → +0.038%
$1.15
Slippage, 4 orders
−$172.16
Fee BingX: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$175.63
Costs to cover
1.922%
Break-even
86.9 days
Slippage from BingX: live order book, 15 min ago; dYdX: live order book, 18 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 BingX live order book, 15 min ago1.12 bp14.1 bp −$1430.8 bp −$30883.9 bp −$8,394693.0 bp −$346.5K
Sell dYdX live order book, 18 min ago76.60 bp82.0 bp −$82195.5 bp −$1,955277.1 bp −$27.7K616.1 bp −$308.1K

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
Variational Omni UNI−0.0125%8h8.8143+0.310%$3.9M$4.7Mas long as short
Bybit UNIUSDT−0.0067%8h8.7820−0.057%$100.2M$106.2M75xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.7925+0.063%$562K$155K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.7854−0.018%$79K150xas long as short
OKX UNI-USDT-SWAP+0.0030%8h8.7830−0.046%$54.2M$245.5M50xas long as short
01 Exchange UNIUSD+0.0040%1h8.7837−0.038%$43810xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.7784−0.098%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.7765−0.119%$850K$4.0M10xas long as short
Aster UNIUSDT+0.0100%8h8.7904+0.038%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.7861−0.010%$298K$565K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.7869−0.001%$214.8M$597.3M75xas long as short
Arcus UNI-USD+0.0100%1h8.7900+0.034%$271K$612K10xas long as short
Gate UNI_USDT+0.0100%8h8.7880+0.011%$22.8M$59.6M75xas long as short
MEXC UNI_USDT+0.0100%8h8.7880+0.011%$42.4M$24.8M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.7860−0.011%$13.3M$13.9M75xas long as short
Bitget UNIUSDT+0.0100%8h8.7850−0.023%$31.8M$41.6M75xas long as short
BingX UNI-USDClong+0.0100%8h8.7870long leg$6.5M
Backpack UNI_USDC_PERP+0.0100%1h8.7895+0.028%$976K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.8113+0.276%$166K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8116+0.280%$612K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8150+0.319%$83K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.8130+0.296%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.7859−0.013%$86K$346K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.7890+0.023%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.7847−0.026%$35K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.7871+0.001%$25K$668K10xas long as short
HTX UNI-USDT+0.0100%8h8.8060+0.216%$719K$4.4M75xas long as short
Phemex UNIUSDT+0.0100%8h8.7910+0.046%$26.4M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.7844−0.029%$300K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.7906+0.041%$31K$1K3xas long as short
dYdX UNI-USDshort+0.0173%1h8.7914+0.050%$243K$6K10x
Coinbase International UNI-PERP-INTX+0.0200%1h8.7910+0.046%$1.0M$5.3M50xas long as short
BloFin UNI-USDT+0.0220%8h8.7910+0.046%$9.8M$3.4M75xas long as short
Kraken Futures PF_UNIUSD+0.0271%1h8.7944+0.084%$4.9M$7.2M50xas long as short
Hyperliquid UNI+0.0314%1h8.7977+0.122%$95.8M$59.7M10xas long as short
Reya UNIRUSDPERP+0.0361%1h8.7815−0.063%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0320%1h8.7843−0.030%$551K120xas long as short
Aftermath Perps UNIUSD+0.0589%1h8.8282+0.469%$1K$50K10xas long as short
Lighter UNI+0.0624%1h8.8043+0.197%$4.5M$5.4M15xas long as short
Injective UNI/USDC PERP+0.2702%1h8.7900+0.034%$657$97K12xas long as short