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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0213%/8h= +23.3% APRnext payment +$0.27 per $10,000 · paid last 24h +0.039%
Price spread now: Hyperliquid against StandX+0.263%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$400.403% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.149%+$15 on $10k
Price spread, last 7 days−0.192%−$19 · spread now +0.263%, 7d avg +0.017%
Together, before fees−0.042%+ Points / potential airdropStandX: Active · Hyperliquid: Season 2 · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Hyperliquid is 0.246% dearer against StandX than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX UNI-USD8.82400.0100pay 0.0013% / 1h34m 05s$105K$3.2M20x
ShortHyperliquid UNI8.84720.0313get 0.0039% / 1h34m 05s$96.8M$59.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against StandX. 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
$44.66
Price spread: +0.263% → +0.017%
$24.58
Slippage, 4 orders
−$23.33
Fee StandX: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$28.92
Costs to cover
0.403%
Break-even
2.5 days
Slippage from StandX: live order book, 5 min ago; Hyperliquid: live order book, 10 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 StandX live order book, 5 min ago5.66 bp9.7 bp −$1036.4 bp −$364doesn't fitdoesn't fit
Sell Hyperliquid live order book, 10 min ago0.40 bp7.5 bp −$8doesn't fitdoesn'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
Variational Omni UNI−0.0076%8h8.8115−0.142%$3.9M$4.5Mas long as short
Bybit UNIUSDT−0.0020%8h8.8330+0.102%$100.7M$104.3M75xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.8338+0.111%$61K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.7900−0.385%$657$96K12xas long as short
OKX UNI-USDT-SWAP+0.0039%8h8.8360+0.136%$54.6M$243.6M50xas long as short
01 Exchange UNIUSD+0.0040%1h8.8254+0.016%$44010xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8310+0.079%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8210−0.034%$933K$4.0M10xas long as short
Aster UNIUSDT+0.0100%8h8.8344+0.118%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.8330+0.102%$296K$570K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8362+0.138%$216.8M$588.0M75xas long as short
Arcus UNI-USD+0.0100%1h8.8390+0.170%$282K$615K10xas long as short
Gate UNI_USDT+0.0100%8h8.8360+0.136%$22.9M$58.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8320+0.091%$42.6M$24.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8380+0.159%$13.5M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8350+0.125%$32.1M$41.3M75xas long as short
BingX UNI-USDT+0.0100%8h8.8350+0.125%$52.0Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8394+0.175%$981K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.8262+0.025%$166K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8189−0.057%$611K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8450+0.238%$87K$713K50xas long as short
StandX UNI-USDlong+0.0100%1h8.8240long leg$105K$3.2M20x
Polymarket Perps UNI-USD+0.0100%1h8.8230−0.011%$86K$351K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8330+0.102%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8276+0.041%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8355+0.130%$25K$666K10xas long as short
HTX UNI-USDT+0.0100%8h8.8316+0.086%$726K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8330+0.102%$26.6M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8332+0.104%$300K$1.4M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8374+0.151%$31K$1K3xas long as short
dYdX UNI-USD+0.0119%1h8.8300+0.068%$244K$6K10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0123%1h8.8410+0.192%$562K$157K50xas long as short
BloFin UNI-USDT+0.0220%8h8.8350+0.125%$9.8M$3.3M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.8390+0.170%$1.0M$5.3M50xas long as short
Hyperliquid UNIshort+0.0313%1h8.8472+0.263%$96.8M$59.1M10x
Kraken Futures PF_UNIUSD+0.0342%1h8.8437+0.223%$4.9M$7.0M50xas long as short
Reya UNIRUSDPERP+0.0362%1h8.8192−0.055%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0319%1h8.8334+0.107%$553K120xas long as short
Lighter UNI+0.0592%1h8.8536+0.335%$4.5M$5.2M15xas long as short
Aftermath Perps UNIUSD+0.0617%1h8.8308+0.078%$1K$49K10xas long as short