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+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.190%
Price spread now: Lighter against Aevo+0.156%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.156% dearer against Aevo than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo UNI-PERP9.09550.0104pay 0.0013% / 1h1m 14s$32K3x
ShortLighter UNI9.10960.0200get 0.0025% / 1h1m 14s$4.6M$5.9M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$20.16
Price spread: +0.156% → 0.000%
$15.55
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Lighter: 0 bp × 2 orders
$0
Net
$19.71
Costs to cover
0.160%
Break-even
0.2 days
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 7 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 Aevo no order-book sample
Sell Lighter live order book, 7 min ago1.65 bp4.2 bp −$418.1 bp −$181132.8 bp −$13.3Kdoesn't fit
Aevo: 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%1h9.0940−0.016%$37K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−2.919%$660$154K12xas long as short
01 Exchange UNIUSD+0.0056%1h9.1036+0.090%$454$510xas long as short
Nado UNI-PERP+0.0100%1h9.0967+0.014%$970K$4.4M10xas long as short
Aster UNIUSDT+0.0100%8h9.1026+0.079%$819K$3.5M50xas long as short
Pacifica UNI+0.0100%1h9.0805−0.165%$294K$600K10xas long as short
Binance UNIUSDT+0.0100%8h9.0975+0.022%$223.4M$639.7M75xas long as short
Bybit UNIUSDT+0.0100%8h9.0910−0.049%$102.2M$111.4M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.0920−0.038%$55.4M$262.8M50xas long as short
Arcus UNI-USD+0.0100%1h9.1090+0.149%$317K$652K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h9.0960+0.006%$23.7M$64.0M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0990+0.039%$47.9M$25.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0960+0.006%$13.6M$13.2M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0910−0.049%$33.5M$45.1M75xas long as short
BingX UNI-USDT+0.0100%8h9.0960+0.006%$56.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0748−0.227%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h9.0449−0.556%$4.2M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h9.0773−0.199%$171K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0740−0.236%$643K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0840−0.126%$96K$702K50xas long as short
StandX UNI-USD+0.0100%1h9.0690−0.291%$16K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0984+0.032%$86K$430K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0940−0.016%$16K$1.5M10xas long as short
SunX UNI-USDT+0.0100%8h9.1036+0.090%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.0941−0.015%$22K$792K10xas long as short
HTX UNI-USDT+0.0100%8h9.0957+0.003%$732K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0930−0.027%$27.5M$4.4M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0754−0.220%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.0889−0.072%$293K$1.6M25xas long as short
Aevo UNI-PERPlong+0.0104%1h9.0955long leg$32K3x
dYdX UNI-USD+0.0184%1h9.0983+0.031%$240K$30K10xas long as short
Lighter UNIshort+0.0200%1h9.1096+0.156%$4.6M$5.9M15x
BloFin UNI-USDT+0.0220%8h9.0980+0.028%$10.3M$3.6M75xas long as short
Coinbase International UNI-PERP-INTX+0.0248%1h9.1000+0.050%$953K$5.9M50xas long as short
Kraken Futures PF_UNIUSD+0.0269%1h9.1006+0.057%$5.0M$8.0M50xas long as short
Deribit UNI_USDC-PERPETUAL+0.0282%1h9.1007+0.058%$583K$208K50xas long as short
Hyperliquid UNI+0.0304%1h9.1073+0.130%$98.6M$62.4M10xas long as short
Reya UNIRUSDPERP+0.0373%1h9.0932−0.025%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0947−0.009%$648K120xas long as short
Aftermath Perps UNIUSD+0.0913%1h9.0757−0.218%$884$46K10xas long as short