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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0208%/8h= −22.8% APRnext payment $0.26 per $10,000 · paid last 24h −0.028%
Price spread now: Extended against Coinbase International−0.054%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$430.429% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.210%+$21 on $10k
Price spread, last 3 days (all we have)−0.081%−$8 · spread now −0.054%, 7d avg −0.095%
Together, before fees+0.128%+ Points / potential airdropExtended: Active · farm board+$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.042% dearer against Coinbase International than usual: you sell high and buy low (spread −0.054% now, against its 7-day average of −0.095%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 16 hours. Mind the row above: over the last 7 days funding on this pair paid +0.210%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International UNI-PERP-INTX9.19300.0312pay 0.0039% / 1h1m 18s$1.1M$4.7M50x
ShortExtended UNI-USD9.18810.0104get 0.0013% / 1h1m 18s$304K$1.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Coinbase International. 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
−$43.68
Price spread: −0.054% → −0.095%
$4.16
Slippage, 4 orders
−$27.91
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$82.43
Costs to cover
0.429%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago4.90 bp19.9 bp −$2024.4 bp −$244doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago1.36 bp4.0 bp −$47.6 bp −$76doesn't fitdoesn't fit

UNI on 39 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
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h9.1929−0.001%$26K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−3.949%$660$154K12xas long as short
01 Exchange UNIUSD+0.0072%1h9.1968+0.041%$459$510xas long as short
dYdX UNI-USD+0.0076%1h9.1841−0.097%$242K$30K10xas long as short
Nado UNI-PERP+0.0100%1h9.1835−0.103%$975K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.2014+0.091%$1.1M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.1887−0.047%$300K$568K10xas long as short
Binance UNIUSDT+0.0100%8h9.1945+0.016%$230.1M$607.4M75xas long as short
Bybit UNIUSDT+0.0100%8h9.1900−0.033%$103.2M$107.3M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.1920−0.011%$56.9M$255.9M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h9.2050+0.131%$292K$619K10xas long as short
Gate UNI_USDT+0.0100%8h9.1910−0.022%$23.6M$59.5M75xas long as short
MEXC UNI_USDT+0.0100%8h9.1950+0.022%$49.9M$26.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.1910−0.022%$13.8M$12.8M75xas long as short
Bitget UNIUSDT+0.0100%8h9.1920−0.011%$33.7M$42.4M75xas long as short
BingX UNI-USDC+0.0100%8h9.19300.000%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.1792−0.150%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h9.1159−0.839%$4.2M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h9.1826−0.113%$173K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.1739−0.208%$638K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.19300.000%$90K$699K50xas long as short
StandX UNI-USD+0.0100%1h9.1940+0.011%$57K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.1902−0.030%$89K$408K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.1940+0.011%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.2011+0.088%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.1950+0.022%$22K$727K10xas long as short
HTX UNI-USDT+0.0100%8h9.1978+0.052%$730K$4.2M75xas long as short
Phemex UNIUSDT+0.0100%8h9.19300.000%$27.8M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.1812−0.129%$26K20xas long as short
Extended UNI-USDshort+0.0104%1h9.1881−0.054%$304K$1.5M25x
Aevo UNI-PERP+0.0104%1h9.1935+0.005%$33K3xas long as short
Hyperliquid UNI+0.0284%1h9.2064+0.146%$100.2M$59.1M10xas long as short
Coinbase International UNI-PERP-INTXlong+0.0312%1h9.1930long leg$1.1M$4.7M50x
Reya UNIRUSDPERP+0.0369%1h9.1862−0.074%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.1920−0.011%$654K120xas long as short
Kraken Futures PF_UNIUSD+0.0417%1h9.1989+0.064%$5.1M$6.9M50xas long as short
Deribit UNI_USDC-PERPETUAL+0.0511%1h9.1994+0.070%$597K$188K50xas long as short
Lighter UNI+0.0520%1h9.2111+0.197%$4.7M$5.3M15xas long as short
Aftermath Perps UNIUSD+0.0913%1h9.1562−0.401%$1K$48K10xas long as short