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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.072%
Price spread now: OKX against Hyperliquid−0.157%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$280.281% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.273%−$27 on $10k
Price spread, last 7 days+0.116%+$12 · spread now −0.157%, 7d avg −0.107%
Together, before fees−0.157%+ Points / potential airdropHyperliquid: Season 2 · farm board−$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.050% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.107%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid UNI8.87090.0100pay 0.0013% / 1h0m 14s$93.8M$65.3M10x
ShortOKX UNI-USDT-SWAP8.85700.0100get 0.0100% / 8h3h 00m$53.7M$261.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Hyperliquid. 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
$0
Price spread: −0.157% → −0.107%
−$4.98
Slippage, 4 orders
−$9.09
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$33.07
Costs to cover
0.281%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; OKX: 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 Hyperliquid live order book, 4 min ago0.56 bp6.9 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.56 bp7.7 bp −$815.8 bp −$15850.5 bp −$5,048doesn'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
01 Exchange UNIUSD−0.0024%1h8.8623−0.097%$442$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8628−0.092%$48K150xas long as short
Deribit UNI_USDC-PERPETUAL+0.0032%1h8.8672−0.042%$568K$208K50xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.461%$660$154K12xas long as short
Lighter UNI+0.0096%1h8.8645−0.072%$4.5M$5.9M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8586−0.139%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8595−0.129%$876K$4.6M10xas long as short
Hyperliquid UNIlong+0.0100%1h8.8709long leg$93.8M$65.3M10x
Aster UNIUSDT+0.0100%8h8.8640−0.078%$765K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.8590−0.134%$285K$611K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8606−0.116%$216.2M$655.2M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8590−0.134%$99.1M$112.3M75xas long as short
OKX UNI-USDT-SWAPshort+0.0100%8h8.8570−0.157%$53.7M$261.3M50x
Arcus UNI-USD+0.0100%1h8.8700−0.010%$330K$684K10xas long as short
Gate UNI_USDT+0.0100%8h8.8580−0.145%$23.4M$65.6M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8610−0.112%$46.8M$26.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8610−0.112%$13.1M$13.4M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8610−0.112%$32.6M$46.2M75xas long as short
BingX UNI-USDT+0.0100%8h8.8590−0.134%$56.9Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8591−0.133%$1.0M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8460−0.281%$4.1M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.8574−0.153%$167K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8614−0.107%$615K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8590−0.134%$91K$702K50xas long as short
StandX UNI-USD+0.0100%1h8.8630−0.089%$15K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8620−0.100%$92K$479K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8590−0.134%$16K$1.5M10xas long as short
SunX UNI-USDT+0.0100%8h8.8653−0.063%$35K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8599−0.124%$35K$821K10xas long as short
HTX UNI-USDT+0.0100%8h8.8706−0.003%$712K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8590−0.134%$26.8M$4.3M50xas long as short
Extended UNI-USD+0.0104%1h8.8561−0.167%$282K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8605−0.117%$31K3xas long as short
dYdX UNI-USD+0.0200%1h8.8568−0.159%$233K$31K10xas long as short
Coinbase International UNI-PERP-INTX+0.0216%1h8.8660−0.055%$918K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8550−0.179%$10.0M$3.6M75xas long as short
Kraken Futures PF_UNIUSD+0.0274%1h8.8649−0.067%$4.8M$8.3M50xas long as short
Reya UNIRUSDPERP+0.0375%1h8.8572−0.154%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8628−0.091%$631K120xas long as short
Aftermath Perps UNIUSD+0.0661%1h8.8680−0.033%$967$45K10xas long as short