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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.039%
Price spread now: Coinbase International against MEXC+0.034%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$400.398% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.085%−$9 on $10k
Price spread, last 4 days (all we have)+0.091%+$9 · spread now +0.034%, 7d avg +0.019%
Together, before fees+0.005%+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC UNI_USDT8.88600.0100pay 0.0100% / 8h15m 00s$48.1M$26.3M200x
ShortCoinbase International UNI-PERP-INTX8.88900.0200get 0.0025% / 1h15m 00s$925K$5.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against MEXC. 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
$21
Price spread: +0.034% → +0.019%
$1.46
Slippage, 4 orders
−$25.78
Fee MEXC: 2 bp × 2 orders
−$4
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$17.33
Costs to cover
0.398%
Break-even
12.8 days
Slippage from MEXC: live order book, 4 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 MEXC live order book, 4 min ago0.56 bp2.7 bp −$34.8 bp −$4822.4 bp −$2,242155.6 bp −$77.8K
Sell Coinbase International live order book, 4 min ago5.08 bp13.3 bp −$1317.7 bp −$17756.2 bp −$5,618doesn'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
Kraken Futures PF_UNIUSD−0.0306%1h8.8869+0.010%$4.7M$8.6M50xas long as short
01 Exchange UNIUSD−0.0008%1h8.8821−0.044%$443$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.8870+0.012%$73K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.630%$660$153K12xas long as short
Nado UNI-PERP+0.0039%1h8.8770−0.101%$727K$4.7M10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0056%1h8.8909+0.055%$589K$270K50xas long as short
Polymarket Perps UNI-USD+0.0086%1h8.8795−0.073%$104K$616K10xas long as short
Lighter UNI+0.0096%1h8.8965+0.118%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8859−0.001%$25K20xas long as short
Hyperliquid UNI+0.0100%1h8.8998+0.155%$94.9M$67.7M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster UNIUSDT+0.0100%8h8.8928+0.076%$723K$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.8907+0.053%$288K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.8879+0.021%$215.3M$652.6M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8880+0.023%$98.5M$110.5M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.88600.000%$54.4M$262.1M50xas long as short
Arcus UNI-USD+0.0100%1h8.8890+0.034%$317K$690K10xas long as short
Gate UNI_USDT+0.0100%8h8.8880+0.023%$26.2M$66.5M75xas long as short
MEXC UNI_USDTlong+0.0100%8h8.8860long leg$48.1M$26.3M200x
KuCoin UNIUSDTM+0.0100%8h8.88600.000%$12.9M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8890+0.034%$32.5M$45.3M75xas long as short
BingX UNI-USDC+0.0100%8h8.88600.000%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8974+0.128%$1.1M$2.5M10xas long as short
Variational Omni UNI+0.0100%8h8.8681−0.201%$4.1M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h8.8824−0.041%$168K$348K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8706−0.174%$615K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8670−0.214%$89K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.8810−0.056%$14K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8820−0.045%$16K$2.2M10xas long as short
SunX UNI-USDT+0.0100%8h8.8895+0.039%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8840−0.023%$32K$886K10xas long as short
HTX UNI-USDT+0.0100%8h8.8956+0.108%$702K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8800−0.068%$26.8M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8807−0.060%$286K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8850−0.011%$32K3xas long as short
Coinbase International UNI-PERP-INTXshort+0.0200%1h8.8890+0.034%$925K$5.4M50x
BloFin UNI-USDT+0.0220%8h8.8880+0.023%$10.0M$3.6M75xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8868+0.010%$632K120xas long as short
Reya UNIRUSDPERP+0.0381%1h8.8744−0.130%$16K20xas long as short
Aftermath Perps UNIUSD+0.0401%1h8.8682−0.200%$1K$52K10xas long as short
dYdX UNI-USD+0.0570%1h8.8898+0.042%$234K$30K10xas long as short