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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.003%
Price spread now: Coinbase International against BloFin+0.090%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$460.464% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.340%−$34 on $10k
Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.090%, 7d avg +0.013%
Together, before fees−0.400%−$40 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.077% dearer against BloFin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin UNI-USDT8.92100.0220pay 0.0220% / 8h3h 22m$10.2M$3.5M75x
ShortCoinbase International UNI-PERP-INTX8.92900.0216get 0.0027% / 1h22m 50s$930K$5.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against BloFin. 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
−$0.84
Price spread: +0.090% → +0.013%
$7.66
Slippage, 4 orders
−$24.39
Fee BloFin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$39.57
Costs to cover
0.464%
Break-even
never at this rate
Slippage from BloFin: live order book, 11 min ago; Coinbase International: live order book, 1 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 BloFin live order book, 11 min ago1.11 bp11.3 bp −$1117.4 bp −$17440.1 bp −$4,012doesn't fit
Sell Coinbase International live order book, 1 min ago5.60 bp11.9 bp −$1216.7 bp −$16751.8 bp −$5,183doesn'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
01 Exchange UNIUSD0.0000%1h8.9381+0.192%$446$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9297+0.097%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.020%$660$154K12xas long as short
Deribit UNI_USDC-PERPETUAL+0.0094%1h8.9330+0.134%$572K$208K50xas long as short
Lighter UNI+0.0096%1h8.9390+0.202%$4.5M$5.9M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9262+0.058%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.9262+0.059%$953K$4.5M10xas long as short
Hyperliquid UNI+0.0100%1h8.9224+0.016%$94.9M$64.2M10xas long as short
Aster UNIUSDT+0.0100%8h8.9016−0.217%$778K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.9284+0.083%$290K$608K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8880−0.370%$219.4M$647.5M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8890−0.359%$99.7M$111.9M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8850−0.404%$54.4M$260.1M50xas long as short
Arcus UNI-USD+0.0100%1h8.9390+0.202%$317K$661K10xas long as short
Gate UNI_USDT+0.0100%8h8.8880−0.370%$23.6M$64.1M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9140−0.078%$47.6M$26.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9120−0.101%$13.2M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9090−0.135%$33.1M$45.4M75xas long as short
BingX UNI-USDC+0.0100%8h8.8880−0.370%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9280+0.078%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h8.9508+0.335%$4.2M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.9522+0.349%$169K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9410+0.224%$621K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9600+0.437%$92K$702K50xas long as short
StandX UNI-USD+0.0100%1h8.9390+0.202%$15K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9317+0.120%$86K$437K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9270+0.067%$16K$1.4M10xas long as short
SunX UNI-USDT+0.0100%8h8.9334+0.139%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9270+0.067%$31K$818K10xas long as short
HTX UNI-USDT+0.0100%8h8.9341+0.147%$699K$4.9M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9260+0.056%$27.0M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.9051−0.179%$284K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9275+0.073%$32K3xas long as short
Coinbase International UNI-PERP-INTXshort+0.0216%1h8.9290+0.090%$930K$5.8M50x
BloFin UNI-USDTlong+0.0220%8h8.9210long leg$10.2M$3.5M75x
Kraken Futures PF_UNIUSD+0.0272%1h8.9307+0.108%$4.9M$8.1M50xas long as short
dYdX UNI-USD+0.0276%1h8.9263+0.059%$235K$30K10xas long as short
Reya UNIRUSDPERP+0.0375%1h8.9246+0.040%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.9300+0.101%$636K120xas long as short
Aftermath Perps UNIUSD+0.0779%1h8.9605+0.443%$948$45K10xas long as short