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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0071%/8h= −7.7% APRnext payment $0.09 per $10,000 · paid last 24h +0.158%
Price spread now: Injective against Aevo−0.034%59s7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.034% cheaper against Aevo than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo UNI-PERP8.83300.0104pay 0.0013% / 1h40m 02s$31K3x
ShortInjective UNI/USDC PERP8.83000.0033get 0.0004% / 1h40m 02s$660$153K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aevo. 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
−$14.84
Price spread: −0.034% → 0.000%
−$3.4
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$34.26
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Injective: 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 Aevo no order-book sample
Sell Injective no order-book sample
Aevo and Injective: 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
Nado UNI-PERP−0.0141%1h8.8217−0.127%$800K$4.7M10xas long as short
01 Exchange UNIUSD−0.0072%1h8.8277−0.060%$441$510xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.8350+0.022%$4.7M$8.5M50xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.8381+0.058%$566K$202K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8321−0.010%$48K150xas long as short
Injective UNI/USDC PERPshort+0.0033%1h8.8300−0.034%$660$153K12x
Polymarket Perps UNI-USD+0.0067%1h8.8247−0.094%$99K$499K10xas long as short
Lighter UNI+0.0096%1h8.8441+0.126%$4.5M$5.5M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8296−0.039%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8380+0.057%$750K$3.6M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.8353+0.026%$283K$612K10xas long as short
Binance UNIUSDT+0.0100%8h8.8370+0.045%$214.7M$658.4M75xas long as short
Bybit UNIUSDT+0.0100%8h8.83300.000%$98.7M$112.5M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.83300.000%$53.5M$262.2M50xas long as short
Arcus UNI-USD+0.0100%1h8.8370+0.045%$315K$700K10xas long as short
Gate UNI_USDT+0.0100%8h8.8300−0.034%$23.5M$64.7M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8320−0.011%$46.4M$26.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8320−0.011%$13.0M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8300−0.034%$32.5M$46.5M75xas long as short
BingX UNI-USDT+0.0100%8h8.8310−0.023%$57.1Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8387+0.065%$1.0M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8420+0.102%$4.1M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.8752+0.478%$168K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8871+0.612%$620K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8740+0.464%$91K$705K50xas long as short
StandX UNI-USD+0.0100%1h8.8540+0.238%$15K$3.4M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.83300.000%$16K$1.6M10xas long as short
SunX UNI-USDT+0.0100%8h8.8309−0.024%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8310−0.023%$22K$852K10xas long as short
HTX UNI-USDT+0.0100%8h8.8420+0.102%$705K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.83300.000%$26.8M$4.3M50xas long as short
Extended UNI-USD+0.0104%1h8.8275−0.062%$294K$1.7M25xas long as short
Aevo UNI-PERPlong+0.0104%1h8.8330long leg$31K3x
Hyperliquid UNI+0.0118%1h8.8434+0.118%$94.1M$66.5M10xas long as short
dYdX UNI-USD+0.0169%1h8.8381+0.058%$233K$31K10xas long as short
Coinbase International UNI-PERP-INTX+0.0184%1h8.8450+0.136%$926K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8440+0.125%$10.0M$3.6M75xas long as short
Reya UNIRUSDPERP+0.0376%1h8.8254−0.086%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8310−0.022%$628K120xas long as short
Aftermath Perps UNIUSD+0.0636%1h8.8740+0.464%$927$45K10xas long as short