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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0084%/8h= −9.2% APRnext payment $0.10 per $10,000 · paid last 24h −0.037%
Price spread now: StandX against Coinbase International−0.135%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$720.721% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.157%+$16 on $10k
Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.135%, 7d avg +0.016%
Together, before fees+0.175%+ Points / potential airdropStandX: Active · farm board+$18 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 StandX is 0.151% cheaper against Coinbase International than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.016%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.157%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International UNI-PERP-INTX8.86900.0184pay 0.0023% / 1h27m 02s$924K$5.8M50x
ShortStandX UNI-USD8.85700.0100get 0.0013% / 1h27m 02s$15K$3.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$17.64
Price spread: −0.135% → +0.016%
−$15.11
Slippage, 4 orders
−$54.1
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$104.85
Costs to cover
0.721%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 2 min ago; StandX: 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, 2 min ago5.64 bp12.8 bp −$1317.3 bp −$17392.8 bp −$9,283doesn't fit
Sell StandX live order book, 2 min ago5.64 bp30.2 bp −$3064.0 bp −$640doesn'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
Nado UNI-PERP−0.0098%1h8.8525−0.186%$819K$4.7M10xas long as short
01 Exchange UNIUSD−0.0040%1h8.8582−0.122%$442$510xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.8486−0.229%$4.7M$8.6M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8496−0.219%$48K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.440%$660$153K12xas long as short
Lighter UNI+0.0096%1h8.8612−0.088%$4.5M$5.6M15xas long as short
Polymarket Perps UNI-USD+0.0098%1h8.8524−0.187%$103K$525K10xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8561−0.146%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8480−0.237%$748K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.8626−0.072%$284K$616K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8480−0.237%$216.3M$662.9M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8380−0.350%$98.9M$112.8M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8370−0.361%$54.0M$263.7M50xas long as short
Arcus UNI-USD+0.0100%1h8.8630−0.068%$316K$700K10xas long as short
Gate UNI_USDT+0.0100%8h8.8470−0.248%$24.0M$65.6M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8500−0.214%$49.2M$27.0M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8520−0.192%$12.9M$13.6M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8490−0.226%$32.4M$46.7M75xas long as short
BingX UNI-USDC+0.0100%8h8.8500−0.214%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8545−0.163%$1.0M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8571−0.134%$4.1M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.8802+0.127%$168K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8582−0.122%$621K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8820+0.147%$89K$708K50xas long as short
StandX UNI-USDshort+0.0100%1h8.8570−0.135%$15K$3.4M20x
Orderly PERP_UNI_USDC+0.0100%8h8.8490−0.226%$16K$1.6M10xas long as short
SunX UNI-USDT+0.0100%8h8.8558−0.149%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8492−0.223%$32K$874K10xas long as short
HTX UNI-USDT+0.0100%8h8.8600−0.101%$711K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8500−0.214%$26.7M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8425−0.299%$300K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8492−0.223%$31K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0126%1h8.8516−0.196%$567K$204K50xas long as short
Hyperliquid UNI+0.0126%1h8.8600−0.101%$94.3M$66.5M10xas long as short
dYdX UNI-USD+0.0180%1h8.8616−0.084%$233K$31K10xas long as short
Coinbase International UNI-PERP-INTXlong+0.0184%1h8.8690long leg$924K$5.8M50x
BloFin UNI-USDT+0.0220%8h8.8540−0.169%$10.0M$3.6M75xas long as short
Reya UNIRUSDPERP+0.0376%1h8.8498−0.216%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8499−0.215%$630K120xas long as short
Aftermath Perps UNIUSD+0.0667%1h8.8707+0.019%$902$45K10xas long as short