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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0278%/8h= −30.4% APRnext payment $0.35 per $10,000 · paid last 24h −0.043%
Price spread now: Extended against GMX−0.073%7-day average −0.104% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.194%−$19 on $10k
Price spread, last 3 days (all we have)−0.031%−$3 · spread now −0.073%, 7d avg −0.104%
Together, before fees−0.225%+ Points / potential airdropExtended: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.031% dearer against GMX than usual: you sell high and buy low (spread −0.073% now, against its 7-day average of −0.104%): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 9 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX UNI/USD [UNI-USDC]8.9647L +0.0382% / S −0.0245%pay 0.0048% / 1h45m 28s$639K120x
ShortExtended UNI-USD8.95820.0104get 0.0013% / 1h45m 28s$299K$1.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against GMX. 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
−$58.29
Price spread: −0.073% → −0.104%
$3.12
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$72.17
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Extended: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Extended live order book, 3 min ago2.62 bp5.2 bp −$59.0 bp −$90doesn't fitdoesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
dYdX UNI-USD0.0000%1h8.9640−0.008%$236K$30K10xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9527−0.134%$37K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.502%$660$154K12xas long as short
01 Exchange UNIUSD+0.0056%1h8.9608−0.043%$44710xas long as short
Nado UNI-PERP+0.0100%1h8.9510−0.153%$927K$4.3M10xas long as short
Hyperliquid UNI+0.0100%1h8.9575−0.080%$97.6M$59.8M10xas long as short
Aster UNIUSDT+0.0100%8h8.9709+0.070%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h8.9642−0.005%$294K$582K10xas long as short
Binance UNIUSDT+0.0100%8h8.9498−0.166%$224.3M$609.4M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9480−0.186%$100.4M$107.6M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX UNI-USDT-SWAP+0.0100%8h8.9490−0.175%$55.3M$251.9M50xas long as short
Arcus UNI-USD+0.0100%1h8.9660+0.015%$274K$616K10xas long as short
Gate UNI_USDT+0.0100%8h8.9500−0.164%$22.8M$57.9M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9540−0.119%$49.8M$24.9M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9600−0.052%$13.3M$13.7M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9500−0.164%$32.7M$42.8M75xas long as short
BingX UNI-USDC+0.0100%8h8.9490−0.175%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9629−0.020%$982K$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.9621−0.029%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.9787+0.157%$169K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9996+0.390%$635K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9780+0.149%$88K$706K50xas long as short
StandX UNI-USD+0.0100%1h8.9690+0.048%$55K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9615−0.035%$85K$408K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9480−0.186%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9710+0.071%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9640−0.008%$21K$715K10xas long as short
HTX UNI-USDT+0.0100%8h8.9860+0.238%$714K$4.2M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9630−0.019%$27.0M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9579−0.075%$26K20xas long as short
Extended UNI-USDshort+0.0104%1h8.9582−0.073%$299K$1.5M25x
Aevo UNI-PERP+0.0104%1h8.9663+0.018%$32K3xas long as short
BloFin UNI-USDT+0.0220%8h8.9940+0.327%$10.3M$3.6M75xas long as short
Deribit UNI_USDC-PERPETUAL+0.0232%1h8.9739+0.103%$580K$187K50xas long as short
Coinbase International UNI-PERP-INTX+0.0312%1h8.9820+0.193%$1.1M$4.6M50xas long as short
Reya UNIRUSDPERP+0.0368%1h8.9473−0.194%$16K20xas long as short
GMX UNI/USD [UNI-USDC]longL +0.0382% / S −0.0245%1h8.9647long leg$639K120x
Kraken Futures PF_UNIUSD+0.0427%1h8.9720+0.082%$5.0M$6.9M50xas long as short
Lighter UNI+0.0440%1h8.9726+0.088%$4.6M$5.1M15xas long as short
Aftermath Perps UNIUSD+0.1020%1h8.9937+0.324%$891$49K10xas long as short