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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.012%
Price spread now: Polymarket Perps against OKX−0.214%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$280.284% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)+1.356%+$136 · spread now −0.214%, 7d avg +0.067%
Together, before fees+1.369%+$137 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: Polymarket Perps is 0.281% cheaper against OKX than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of +0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX UNI-USDT-SWAP8.88000.0100pay 0.0100% / 8h7h 25m$54.3M$259.5M50x
ShortPolymarket Perps UNI-USD8.86100.0100get 0.0013% / 1h25m 52s$104K$615K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against OKX. 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: −0.214% → +0.067%
−$28.08
Slippage, 4 orders
−$10.4
Fee OKX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$56.48
Costs to cover
0.284%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Polymarket Perps: live order book, 72 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 OKX live order book, 3 min ago0.56 bp7.0 bp −$714.1 bp −$14183.3 bp −$8,333doesn't fit
Sell Polymarket Perps live order book, 72 min ago2.37 bp6.4 bp −$66.8 bp −$68doesn't fitdoesn'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−0.0062%1h8.8632−0.189%$4.7M$8.4M50xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.8626−0.196%$587K$273K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.8609−0.215%$76K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.563%$660$153K12xas long as short
Nado UNI-PERP+0.0086%1h8.8560−0.270%$729K$4.5M10xas long as short
01 Exchange UNIUSD+0.0088%1h8.8653−0.166%$442$510xas long as short
Lighter UNI+0.0096%1h8.8707−0.105%$4.4M$5.4M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8535−0.298%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8789−0.012%$726K$3.2M50xas long as short
Pacifica UNI+0.0100%1h8.8591−0.235%$286K$562K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8830+0.034%$216.3M$645.0M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8810+0.011%$98.5M$109.6M75xas long as short
OKX UNI-USDT-SWAPlong+0.0100%8h8.8800long leg$54.3M$259.5M50x
Arcus UNI-USD+0.0100%1h8.8630−0.191%$321K$701K10xas long as short
Gate UNI_USDT+0.0100%8h8.8670−0.146%$26.7M$62.8M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8720−0.090%$47.4M$25.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8820+0.023%$13.0M$13.2M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8650−0.169%$32.9M$45.8M75xas long as short
BingX UNI-USDC+0.0100%8h8.88000.000%$6.5Mas long as short
Variational Omni UNI+0.0100%8h8.8820+0.023%$4.1M$4.0Mas long as short
edgeX UNIUSDC+0.0100%4h8.8854+0.061%$168K$348K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8720−0.090%$620K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8900+0.113%$90K$710K50xas long as short
StandX UNI-USD+0.0100%1h8.8650−0.169%$14K$3.5M20xas long as short
Polymarket Perps UNI-USDshort+0.0100%1h8.8610−0.214%$104K$615K10x
Orderly PERP_UNI_USDC+0.0100%8h8.8540−0.293%$17K$2.4M10xas long as short
SunX UNI-USDT+0.0100%8h8.8636−0.185%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8550−0.282%$32K$893K10xas long as short
HTX UNI-USDT+0.0100%8h8.8627−0.195%$703K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8590−0.236%$26.8M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8637−0.183%$299K$1.8M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8632−0.189%$31K3xas long as short
Hyperliquid UNI+0.0139%1h8.8663−0.154%$94.8M$67.7M10xas long as short
Backpack UNI_USDC_PERP+0.0141%1h8.8626−0.196%$1.1M$2.5M10xas long as short
Coinbase International UNI-PERP-INTX+0.0208%1h8.8850+0.056%$924K$5.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8600−0.225%$10.2M$3.6M75xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8575−0.254%$630K120xas long as short
Reya UNIRUSDPERP+0.0383%1h8.8592−0.234%$16K20xas long as short
Aftermath Perps UNIUSD+0.0456%1h8.8854+0.060%$1K$52K10xas long as short
dYdX UNI-USD+0.0567%1h8.8604−0.221%$233K$31K10xas long as short