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+0.0239%/8h= +26.2% APRnext payment +$0.30 per $10,000 · paid last 24h +0.021%
Price spread now: Kraken Futures against Arcus−0.020%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$470.466% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.170%+$17 on $10k
Price spread, last 3 days (all we have)+0.194%+$19 · spread now −0.020%, 7d avg −0.021%
Together, before fees+0.364%+$36 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus UNI-USD8.93200.0100pay 0.0013% / 1h9m 17s$275K$621K10x
ShortKraken Futures PF_UNIUSD8.93020.0339get 0.0042% / 1h9m 17s$5.0M$7.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Arcus. 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
$50.19
Price spread: −0.020% → −0.021%
$0.09
Slippage, 4 orders
−$32.09
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$3.69
Costs to cover
0.466%
Break-even
6.5 days
Slippage from Arcus: live order book, 9 min ago; Kraken Futures: live order book, 5 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 Arcus live order book, 9 min ago3.93 bp7.8 bp −$812.9 bp −$129doesn't fitdoesn't fit
Sell Kraken Futures live order book, 5 min ago2.25 bp10.5 bp −$1111.6 bp −$11637.3 bp −$3,731doesn'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−0.0038%8h8.9363+0.048%$4.0M$4.6Mas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9276−0.049%$62K150xas long as short
Bybit UNIUSDT+0.0013%8h8.9240−0.090%$101.9M$104.8M75xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.142%$660$155K12xas long as short
OKX UNI-USDT-SWAP+0.0056%8h8.9260−0.067%$55.2M$246.6M50xas long as short
01 Exchange UNIUSD+0.0080%1h8.9334+0.016%$44610xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9219−0.113%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.9250−0.078%$943K$4.1M10xas long as short
Aster UNIUSDT+0.0100%8h8.9346+0.029%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9238−0.092%$297K$584K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9260−0.067%$219.6M$590.5M75xas long as short
Arcus UNI-USDlong+0.0100%1h8.9320long leg$275K$621K10x
Gate UNI_USDT+0.0100%8h8.9260−0.067%$23.0M$58.9M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9260−0.067%$43.1M$24.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9270−0.056%$13.6M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9250−0.078%$32.4M$41.3M75xas long as short
BingX UNI-USDC+0.0100%8h8.9250−0.078%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9313−0.008%$992K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.9326+0.007%$168K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9094−0.253%$628K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9000−0.358%$88K$712K50xas long as short
StandX UNI-USD+0.0100%1h8.9140−0.202%$106K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9308−0.013%$87K$356K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9290−0.034%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9303−0.019%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9280−0.045%$25K$666K10xas long as short
HTX UNI-USDT+0.0100%8h8.9233−0.097%$730K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9240−0.090%$26.9M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.9242−0.088%$302K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9299−0.023%$32K$1K3xas long as short
dYdX UNI-USD+0.0115%1h8.9240−0.090%$247K$6K10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0170%1h8.9331+0.013%$568K$157K50xas long as short
BloFin UNI-USDT+0.0220%8h8.9230−0.101%$9.9M$3.4M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.93200.000%$1.1M$5.3M50xas long as short
Kraken Futures PF_UNIUSDshort+0.0339%1h8.9302−0.020%$5.0M$7.0M50x
Reya UNIRUSDPERP+0.0363%1h8.9270−0.056%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0319%1h8.9276−0.049%$559K120xas long as short
Hyperliquid UNI+0.0429%1h8.9427+0.120%$98.5M$59.3M10xas long as short
Aftermath Perps UNIUSD+0.0650%1h8.9213−0.120%$1K$49K10xas long as short
Lighter UNI+0.0656%1h8.9424+0.116%$4.6M$5.2M15xas long as short