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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.18 per $10,000 · paid last 24h +0.090%
Price spread now: GMX against Pacifica−0.212%7-day average +0.011% · 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)+0.088%+$9 on $10k
Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.212%, 7d avg +0.011%
Together, before fees+0.291%+ Points / potential airdropPacifica: Active · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.223% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.212% now, against its 7-day average of +0.011%). If the spread goes back, that is −$22 on $10k: about 5.2 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica UNI9.02850.0100pay 0.0013% / 1h50m 40s$292K$602K10x
ShortGMX UNI/USD [UNI-USDC]9.0093L +0.0381% / S −0.0244%get 0.0030% / 1h50m 40s$642K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Pacifica. 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
$30.22
Price spread: −0.212% → +0.011%
−$22.32
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
−$12.1
Costs to cover
0.200%
Break-even
9.8 days
Slippage unknown: Pacifica: live order book, 3 min ago; GMX: no order-book sample. 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 Pacifica live order book, 3 min ago1.11 bp9.1 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
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
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.0096−0.209%$37K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−2.198%$660$154K12xas long as short
01 Exchange UNIUSD+0.0072%1h9.0148−0.151%$450$510xas long as short
Deribit UNI_USDC-PERPETUAL+0.0091%1h9.0126−0.175%$577K$207K50xas long as short
Nado UNI-PERP+0.0100%1h9.0045−0.266%$964K$4.4M10xas long as short
Hyperliquid UNI+0.0100%1h9.0308+0.026%$97.6M$62.1M10xas long as short
Aster UNIUSDT+0.0100%8h9.0215−0.077%$811K$3.5M50xas long as short
Pacifica UNIlong+0.0100%1h9.0285long leg$292K$602K10x
Binance UNIUSDT+0.0100%8h9.0300+0.017%$221.9M$641.5M75xas long as short
Bybit UNIUSDT+0.0100%8h9.0270−0.016%$101.5M$111.6M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX UNI-USDT-SWAP+0.0100%8h9.0280−0.005%$54.9M$261.3M50xas long as short
Arcus UNI-USD+0.0100%1h9.0410+0.139%$316K$653K10xas long as short
Gate UNI_USDT+0.0100%8h9.0300+0.017%$23.7M$63.3M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0310+0.028%$47.6M$25.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0260−0.027%$13.5M$13.2M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0260−0.027%$33.3M$45.2M75xas long as short
BingX UNI-USDC+0.0100%8h9.0300+0.017%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0228−0.063%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h9.0039−0.272%$4.2M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h9.0450+0.183%$171K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0380+0.106%$640K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0480+0.216%$95K$701K50xas long as short
StandX UNI-USD+0.0100%1h9.0260−0.027%$15K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0101−0.204%$85K$431K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0070−0.238%$16K$1.5M10xas long as short
SunX UNI-USDT+0.0100%8h9.0174−0.123%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.0055−0.254%$22K$793K10xas long as short
HTX UNI-USDT+0.0100%8h9.0220−0.072%$721K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0080−0.227%$27.3M$4.4M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0276−0.009%$26K20xas long as short
Lighter UNI+0.0104%1h9.0354+0.077%$4.6M$5.8M15xas long as short
Extended UNI-USD+0.0104%1h9.0245−0.044%$291K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0095−0.210%$32K3xas long as short
Coinbase International UNI-PERP-INTX+0.0216%1h9.0220−0.072%$945K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h9.0020−0.293%$10.2M$3.6M75xas long as short
Kraken Futures PF_UNIUSD+0.0270%1h9.0129−0.172%$5.0M$8.0M50xas long as short
dYdX UNI-USD+0.0370%1h9.0273−0.013%$238K$30K10xas long as short
Reya UNIRUSDPERP+0.0374%1h9.0072−0.235%$16K20xas long as short
GMX UNI/USD [UNI-USDC]shortL +0.0381% / S −0.0244%1h9.0093−0.212%$642K120x
Aftermath Perps UNIUSD+0.0871%1h9.0478+0.214%$988$46K10xas long as short