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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.032%
Price spread now: Extended against BloFin−0.108%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$280.279% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.146%−$15 on $10k
Price spread, last 4 days (all we have)−0.459%−$46 · spread now −0.108%, 7d avg −0.077%
Together, before fees−0.605%+ Points / potential airdropExtended: Active · farm board−$61 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.031% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.077%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin UNI-USDT8.86000.0220pay 0.0220% / 8h7h 26m$10.2M$3.6M75x
ShortExtended UNI-USD8.85040.0104get 0.0013% / 1h26m 34s$299K$1.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$24.36
Price spread: −0.108% → −0.077%
−$3.08
Slippage, 4 orders
−$10.89
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$55.34
Costs to cover
0.279%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; Extended: 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 BloFin live order book, 2 min ago0.56 bp11.2 bp −$1118.1 bp −$18153.8 bp −$5,383doesn't fit
Sell Extended live order book, 2 min ago0.28 bp6.3 bp −$69.3 bp −$93doesn't fitdoesn'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−0.0062%1h8.8706+0.119%$4.7M$8.4M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.8609+0.010%$76K150xas long as short
Deribit UNI_USDC-PERPETUAL+0.0024%1h8.8693+0.105%$587K$273K50xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.339%$660$153K12xas long as short
Nado UNI-PERP+0.0088%1h8.8650+0.056%$730K$4.5M10xas long as short
01 Exchange UNIUSD+0.0088%1h8.8653+0.060%$442$510xas long as short
Lighter UNI+0.0096%1h8.8722+0.138%$4.4M$5.4M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8535−0.073%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8633+0.038%$725K$3.2M50xas long as short
Pacifica UNI+0.0100%1h8.8591−0.010%$286K$562K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8570−0.034%$215.7M$645.5M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8540−0.068%$98.2M$109.8M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8540−0.068%$54.2M$258.6M50xas long as short
Arcus UNI-USD+0.0100%1h8.8630+0.034%$321K$701K10xas long as short
Gate UNI_USDT+0.0100%8h8.8550−0.056%$26.7M$62.8M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8590−0.011%$47.3M$25.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8620+0.023%$12.9M$13.2M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8550−0.056%$32.9M$45.8M75xas long as short
BingX UNI-USDT+0.0100%8h8.8560−0.045%$58.1Mas long as short
Variational Omni UNI+0.0100%8h8.8820+0.249%$4.1M$4.0Mas long as short
edgeX UNIUSDC+0.0100%4h8.8854+0.287%$168K$348K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8720+0.135%$620K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8900+0.339%$90K$710K50xas long as short
StandX UNI-USD+0.0100%1h8.8650+0.056%$14K$3.5M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8665+0.073%$104K$615K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8660+0.068%$17K$2.4M10xas long as short
SunX UNI-USDT+0.0100%8h8.8708+0.122%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8645+0.051%$32K$893K10xas long as short
HTX UNI-USDT+0.0100%8h8.8736+0.153%$703K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8670+0.079%$26.8M$4.4M50xas long as short
Extended UNI-USDshort+0.0104%1h8.8504−0.108%$299K$1.8M25x
Aevo UNI-PERP+0.0104%1h8.8673+0.083%$31K3xas long as short
Hyperliquid UNI+0.0142%1h8.8695+0.107%$94.9M$67.7M10xas long as short
Backpack UNI_USDC_PERP+0.0147%1h8.8692+0.104%$1.1M$2.5M10xas long as short
Coinbase International UNI-PERP-INTX+0.0208%1h8.8710+0.124%$923K$5.4M50xas long as short
BloFin UNI-USDTlong+0.0220%8h8.8600long leg$10.2M$3.6M75x
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8680+0.090%$631K120xas long as short
Reya UNIRUSDPERP+0.0383%1h8.8592−0.009%$16K20xas long as short
Aftermath Perps UNIUSD+0.0449%1h8.8904+0.343%$1K$52K10xas long as short
dYdX UNI-USD+0.0560%1h8.8664+0.072%$233K$31K10xas long as short