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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.066%
Price spread now: Coinbase International against Variational Omni+0.266%7-day average +0.059% · you sell dearer than you buy
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 4 days (all we have)−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.131%+$13 · spread now +0.266%, 7d avg +0.059%
Together, before fees+0.119%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.208% dearer against Variational Omni than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni UNI9.03690.0100pay 0.0100% / 8h3h 53m$4.2M$4.1M
ShortCoinbase International UNI-PERP-INTX9.06100.0216get 0.0027% / 1h53m 36s$949K$5.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. 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
$24.36
Price spread: +0.266% → +0.059%
$20.79
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$35.15
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Coinbase International: live order book, 5 min ago. 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 Variational Omni RFQ quote, 1 min ago3.26 bpdoesn't fit14.8 bp −$148doesn't fitdoesn't fit
Sell Coinbase International live order book, 5 min ago3.31 bp9.4 bp −$917.6 bp −$17646.2 bp −$4,620doesn'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
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.0452+0.092%$37K150xas long as short
Deribit UNI_USDC-PERPETUAL+0.0019%1h9.0456+0.096%$580K$208K50xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−2.290%$660$154K12xas long as short
01 Exchange UNIUSD+0.0072%1h9.0461+0.102%$451$510xas long as short
Nado UNI-PERP+0.0100%1h9.0415+0.051%$968K$4.4M10xas long as short
Hyperliquid UNI+0.0100%1h9.0566+0.218%$98.0M$62.0M10xas long as short
Aster UNIUSDT+0.0100%8h9.0493+0.137%$814K$3.5M50xas long as short
Pacifica UNI+0.0100%1h9.0479+0.122%$292K$602K10xas long as short
Binance UNIUSDT+0.0100%8h9.0442+0.081%$222.3M$641.0M75xas long as short
Bybit UNIUSDT+0.0100%8h9.0420+0.056%$101.7M$111.5M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX UNI-USDT-SWAP+0.0100%8h9.0480+0.123%$55.0M$261.7M50xas long as short
Arcus UNI-USD+0.0100%1h9.0540+0.189%$316K$653K10xas long as short
Gate UNI_USDT+0.0100%8h9.0460+0.100%$23.7M$63.2M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0470+0.112%$47.7M$25.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0490+0.134%$13.5M$13.2M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0400+0.034%$33.3M$45.2M75xas long as short
BingX UNI-USDC+0.0100%8h9.0430+0.067%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0433+0.071%$1.0M$2.3M10xas long as short
Variational Omni UNIlong+0.0100%8h9.0369long leg$4.2M$4.1M
edgeX UNIUSDC+0.0100%4h9.0450+0.089%$170K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0442+0.080%$640K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0480+0.123%$95K$701K50xas long as short
StandX UNI-USD+0.0100%1h9.0490+0.134%$15K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0483+0.126%$86K$430K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0390+0.023%$16K$1.5M10xas long as short
SunX UNI-USDT+0.0100%8h9.0565+0.217%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.0398+0.032%$22K$793K10xas long as short
HTX UNI-USDT+0.0100%8h9.0580+0.233%$724K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0430+0.067%$27.4M$4.4M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0411+0.046%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.0385+0.017%$292K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0405+0.040%$32K3xas long as short
Lighter UNI+0.0112%1h9.0595+0.250%$4.6M$5.8M15xas long as short
Coinbase International UNI-PERP-INTXshort+0.0216%1h9.0610+0.266%$949K$5.9M50x
BloFin UNI-USDT+0.0220%8h9.0700+0.366%$10.3M$3.6M75xas long as short
Kraken Futures PF_UNIUSD+0.0269%1h9.0476+0.119%$5.0M$8.0M50xas long as short
dYdX UNI-USD+0.0340%1h9.0437+0.075%$238K$30K10xas long as short
Reya UNIRUSDPERP+0.0373%1h9.0407+0.042%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0442+0.081%$644K120xas long as short
Aftermath Perps UNIUSD+0.0886%1h9.0627+0.286%$990$46K10xas long as short