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: Coinbase International against Extended+0.138%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as 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)−0.003%$0 · spread now +0.138%, 7d avg +0.095%
Together, before fees−0.213%+ Points / potential airdropExtended: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.043% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.095%. Mind the row above: over the last 7 days funding on this pair cost −0.210%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended UNI-USD9.15930.0104pay 0.0013% / 1h0m 00s$304K$1.5M25x
ShortCoinbase International UNI-PERP-INTX9.17200.0312get 0.0039% / 1h1h 00m$1.1M$4.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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: +0.138% → +0.095%
$4.32
Slippage, 4 orders
−$27.91
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$5.09
Costs to cover
0.429%
Break-even
6.2 days
Slippage from Extended: live order book, 3 min ago; Coinbase International: live order book, 4 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 Extended live order book, 3 min ago1.36 bp8.1 bp −$812.2 bp −$122doesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago4.90 bp10.9 bp −$1116.4 bp −$16466.3 bp −$6,631doesn'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%1h9.1798+0.223%$26K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−3.596%$660$154K12xas long as short
dYdX UNI-USD+0.0075%1h9.1832+0.260%$242K$30K10xas long as short
01 Exchange UNIUSD+0.0080%1h9.1818+0.245%$458$510xas long as short
Nado UNI-PERP+0.0100%1h9.1795+0.220%$974K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.1735+0.155%$1.1M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.1872+0.304%$300K$568K10xas long as short
Binance UNIUSDT+0.0100%8h9.1620+0.029%$229.3M$607.6M75xas long as short
Bybit UNIUSDT+0.0100%8h9.1590−0.004%$102.8M$107.2M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.1620+0.029%$56.6M$255.0M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h9.1890+0.324%$291K$619K10xas long as short
Gate UNI_USDT+0.0100%8h9.1630+0.040%$23.5M$59.6M75xas long as short
MEXC UNI_USDT+0.0100%8h9.1650+0.062%$49.7M$26.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.1830+0.258%$13.8M$12.8M75xas long as short
Bitget UNIUSDT+0.0100%8h9.1630+0.040%$33.5M$42.4M75xas long as short
BingX UNI-USDC+0.0100%8h9.1620+0.029%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.1635+0.046%$1.0M$2.2M10xas long as short
Variational Omni UNI+0.0100%8h9.1879+0.312%$4.2M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h9.1826+0.254%$173K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.1739+0.159%$638K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.1930+0.368%$90K$699K50xas long as short
StandX UNI-USD+0.0100%1h9.1940+0.379%$57K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.1902+0.337%$89K$408K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.1820+0.248%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.1889+0.323%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.1690+0.106%$22K$727K10xas long as short
HTX UNI-USDT+0.0100%8h9.1840+0.269%$729K$4.2M75xas long as short
Phemex UNIUSDT+0.0100%8h9.1670+0.084%$27.7M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.1729+0.148%$26K20xas long as short
Extended UNI-USDlong+0.0104%1h9.1593long leg$304K$1.5M25x
Aevo UNI-PERP+0.0104%1h9.1785+0.210%$33K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0139%1h9.1828+0.256%$596K$188K50xas long as short
Hyperliquid UNI+0.0292%1h9.1715+0.133%$99.8M$59.2M10xas long as short
Coinbase International UNI-PERP-INTXshort+0.0312%1h9.1720+0.138%$1.1M$4.7M50x
Reya UNIRUSDPERP+0.0369%1h9.1756+0.178%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.1808+0.234%$654K120xas long as short
Kraken Futures PF_UNIUSD+0.0418%1h9.1694+0.110%$5.1M$6.9M50xas long as short
Lighter UNI+0.0520%1h9.1838+0.267%$4.8M$5.5M15xas long as short
Aftermath Perps UNIUSD+0.0913%1h9.1652+0.064%$1K$47K10xas long as short