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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0135%/8h= +14.8% APRnext payment +$1.35 per $10,000 · paid last 24h +0.035%
Price spread now: HTX against Bybit+0.128%7-day average +0.195% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$470.472% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.097%+$10 on $10k
Price spread, last 3 days (all we have)+0.253%+$25 · spread now +0.128%, 7d avg +0.195%
Together, before fees+0.349%+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.068% cheaper against Bybit than usual: you would sell low and buy high (spread +0.128% now, against its 7-day average of +0.195%). If the spread goes back, that is −$7 on $10k: about 40 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.097% in total) that is about 4.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit UNIUSDT8.7840−0.0035get 0.0035% / 8h1h 47m$100.4M$106.2M75x
ShortHTX UNI-USDT8.79520.0100get 0.0100% / 8h1h 47m$722K$4.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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
$28.31
Price spread: +0.128% → +0.195%
−$6.8
Slippage, 4 orders
−$24.2
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$25.68
Costs to cover
0.472%
Break-even
13.3 days
Slippage from Bybit: live order book, 2 min ago; HTX: 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 Bybit live order book, 2 min ago0.57 bp9.9 bp −$1016.0 bp −$16036.6 bp −$3,658doesn't fit
Sell HTX live order book, 2 min ago3.98 bp10.1 bp −$1033.7 bp −$337278.8 bp −$27.9Kdoesn'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
Variational Omni UNI−0.0086%8h8.7668−0.196%$3.9M$4.7Mas long as short
Bybit UNIUSDTlong−0.0035%8h8.7840long leg$100.4M$106.2M75x
Deribit UNI_USDC-PERPETUAL0.0000%1h8.7820−0.023%$559K$158K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.7786−0.062%$79K150xas long as short
OKX UNI-USDT-SWAP+0.0031%8h8.7850+0.011%$54.4M$245.2M50xas long as short
Injective UNI/USDC PERP+0.0033%1h8.7900+0.068%$657$96K12xas long as short
01 Exchange UNIUSD+0.0040%1h8.7884+0.050%$43910xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.7865+0.028%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.7817−0.026%$854K$4.0M10xas long as short
Aster UNIUSDT+0.0100%8h8.7920+0.091%$1.0M$3.4M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.7889+0.056%$296K$579K10xas long as short
Binance UNIUSDT+0.0100%8h8.7870+0.034%$215.6M$597.4M75xas long as short
Arcus UNI-USD+0.0100%1h8.7940+0.114%$271K$612K10xas long as short
Gate UNI_USDT+0.0100%8h8.7860+0.023%$22.8M$58.3M75xas long as short
MEXC UNI_USDT+0.0100%8h8.7870+0.034%$42.4M$24.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.7850+0.011%$13.4M$13.9M75xas long as short
Bitget UNIUSDT+0.0100%8h8.78400.000%$32.0M$41.7M75xas long as short
BingX UNI-USDT+0.0100%8h8.7830−0.011%$52.0Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.7881+0.047%$972K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.7684−0.177%$165K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.7660−0.205%$611K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.7690−0.171%$87K$714K50xas long as short
StandX UNI-USD+0.0100%1h8.7720−0.137%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.7872+0.036%$87K$350K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.7750−0.102%$15K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.7805−0.040%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.7800−0.046%$25K$668K10xas long as short
HTX UNI-USDTshort+0.0100%8h8.7952+0.128%$722K$4.4M75x
Phemex UNIUSDT+0.0100%8h8.7830−0.011%$26.4M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.7834−0.006%$299K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.7803−0.042%$31K$1K3xas long as short
dYdX UNI-USD+0.0208%1h8.7880+0.046%$243K$6K10xas long as short
BloFin UNI-USDT+0.0220%8h8.7800−0.046%$9.8M$3.3M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.7860+0.023%$1.0M$5.3M50xas long as short
Hyperliquid UNI+0.0320%1h8.7986+0.166%$96.2M$59.6M10xas long as short
Kraken Futures PF_UNIUSD+0.0344%1h8.7882+0.048%$4.9M$7.3M50xas long as short
Reya UNIRUSDPERP+0.0361%1h8.7786−0.062%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0319%1h8.7786−0.062%$550K120xas long as short
Lighter UNI+0.0504%1h8.7982+0.162%$4.5M$5.2M15xas long as short
Aftermath Perps UNIUSD+0.0632%1h8.7888+0.055%$1K$49K10xas long as short