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

UNI

all UNI markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.6% APRpaid last 24h −0.045%
Price spread now: OKX against dYdX−0.047%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$276as in the Funding arb table
Net, price: spread back to 7d avg − costs−$245as in the Price arb table
costs, in and out, $10k−$2452.451% of the position
Long on dYdXShort on OKX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.313%−$31 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.047%, 7d avg −0.045%
Together, before fees−0.347%−$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX UNI-USD8.97220.0132pay 0.0017% / 1h46m 26s$236K$31K10x
ShortOKX UNI-USDT-SWAP8.96800.0100get 0.0100% / 8h1h 46m$54.6M$267.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against dYdX. 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
−$6.82
Price spread: −0.047% → −0.045%
−$0.2
Slippage, 4 orders
−$225.08
Fee dYdX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$252.09
Costs to cover
2.451%
Break-even
never at this rate
Slippage from dYdX: live order book, 63 min ago; OKX: live order book, 3 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 dYdX live order book, 63 min ago109.64 bp114.6 bp −$115114.6 bp −$1,146251.1 bp −$25.1K602.9 bp −$301.5K
Sell OKX live order book, 3 min ago0.56 bp7.2 bp −$712.9 bp −$12945.7 bp −$4,566doesn'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
Polymarket Perps UNI-USD−0.0126%1h8.9651−0.079%$118K$585K10xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.9698−0.026%$4.7M$8.6M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9687−0.040%$49K—150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.585%$660$153K12xas long as short
Deribit UNI_USDC-PERPETUAL+0.0063%1h8.9718−0.004%$591K$249K50xas long as short
01 Exchange UNIUSD+0.0064%1h8.9698−0.027%$448$510xas long as short
Lighter UNI+0.0096%1h8.9815+0.104%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9693−0.033%$26K—20xas long as short
Nado UNI-PERP+0.0100%1h8.9630−0.103%$775K$4.7M10xas long as short
Aster UNIUSDT+0.0100%8h8.9724+0.002%$740K$3.6M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.9731+0.010%$287K$593K10xas long as short
Binance UNIUSDT+0.0100%8h8.9668−0.060%$216.9M$660.5M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9670−0.058%$99.7M$112.2M75xas long as short
OKX UNI-USDT-SWAPshort+0.0100%8h8.9680−0.047%$54.6M$267.3M50x
Arcus UNI-USD+0.0100%1h8.9760+0.042%$320K$705K10xas long as short
Gate UNI_USDT+0.0100%8h8.9700−0.025%$25.0M$66.3M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9700−0.025%$49.4M$26.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9740+0.020%$13.1M$13.4M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9670−0.058%$33.0M$45.5M75xas long as short
BingX UNI-USDT+0.0100%8h8.9690−0.036%—$57.3M—as long as short
Variational Omni UNI+0.0100%8h8.9650−0.080%$4.1M$4.3M—as long as short
edgeX UNIUSDC+0.0100%4h8.9747+0.027%$170K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9765+0.048%$627K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9720−0.002%$90K$710K50xas long as short
StandX UNI-USD+0.0100%1h8.9750+0.031%$15K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9680−0.047%$17K$1.8M10xas long as short
SunX UNI-USDT+0.0100%8h8.9725+0.003%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9675−0.052%$32K$887K10xas long as short
HTX UNI-USDT+0.0100%8h8.9766+0.049%$702K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9690−0.036%$27.1M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.9681−0.046%$299K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9696−0.029%$32K—3xas long as short
dYdX UNI-USDlong+0.0132%1h8.9722long leg$236K$31K10x
Backpack UNI_USDC_PERP+0.0177%1h8.9777+0.061%$1.1M$2.4M10xas long as short
Coinbase International UNI-PERP-INTX+0.0192%1h8.9710−0.013%$937K$5.6M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9690−0.036%$10.1M$3.7M75xas long as short
Reya UNIRUSDPERP+0.0378%1h8.9673−0.055%$16K—20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.9673−0.055%$638K—120xas long as short
Aftermath Perps UNIUSD+0.0490%1h8.9805+0.092%$980$54K10xas long as short
Hyperliquid UNI+0.0519%1h8.9839+0.130%$96.8M$66.7M10xas long as short