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

UNI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: Paradex against Backpack−0.321%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.321% cheaper against Backpack than usual: you would sell low and buy high, −$32 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack UNI_USDC_PERP8.84490.0100pay 0.0013% / 1h54m 37s$979K$2.4M10x
ShortParadex UNI-USD-PERP8.81650.0100get 0.0100% / 8h2h 54m$25K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Backpack. 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
−$0.02
Price spread: −0.321% → 0.000%
−$32.11
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$46.12
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Backpack: live order book, 4 min ago; Paradex: 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 Backpack live order book, 4 min ago0.06 bp6.1 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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
Variational Omni UNI−0.0201%8h8.8015−0.491%$3.9M$4.9Mas long as short
Bybit UNIUSDT−0.0190%8h8.8180−0.304%$102.7M$104.0M75xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.8440−0.010%$80K150xas long as short
OKX UNI-USDT-SWAP+0.0011%8h8.8120−0.372%$54.4M$244.7M50xas long as short
01 Exchange UNIUSD+0.0040%1h8.8233−0.244%$44010xas long as short
Paradex UNI-USD-PERPshort+0.0100%8h8.8165−0.321%$25K20x
Nado UNI-PERP+0.0100%1h8.8325−0.140%$849K$3.9M10xas long as short
Aster UNIUSDT+0.0100%8h8.8383−0.074%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.8242−0.234%$297K$559K10xas long as short
Binance UNIUSDT+0.0100%8h8.8192−0.290%$216.0M$593.7M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h8.8310−0.157%$272K$605K10xas long as short
Gate UNI_USDT+0.0100%8h8.8210−0.270%$22.9M$58.8M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8270−0.202%$42.7M$24.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8280−0.191%$13.8M$13.7M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8120−0.372%$31.9M$41.0M75xas long as short
BingX UNI-USDT+0.0100%8h8.8140−0.349%$49.9Mas long as short
Backpack UNI_USDC_PERPlong+0.0100%1h8.8449long leg$979K$2.4M10x
edgeX UNIUSDC+0.0100%4h8.8018−0.487%$165K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8080−0.417%$616K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8040−0.462%$83K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.8090−0.406%$105K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8424−0.028%$87K$339K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8400−0.055%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8397−0.059%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8400−0.055%$28K$659K10xas long as short
HTX UNI-USDT+0.0100%8h8.8532+0.094%$723K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8410−0.044%$26.6M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8096−0.399%$307K$1.4M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8423−0.030%$31K$1K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0192%1h8.8485+0.040%$553K$125K50xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8250−0.225%$1.0M$5.3M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8380−0.078%$9.8M$3.3M75xas long as short
Kraken Futures PF_UNIUSD+0.0269%1h8.8461+0.013%$4.9M$7.1M50xas long as short
Reya UNIRUSDPERP+0.0359%1h8.8378−0.080%$16K20xas long as short
dYdX UNI-USD+0.0369%1h8.8304−0.164%$245K$5K10xas long as short
GMX UNI/USD [UNI-USDC]L +0.0380% / S −0.0320%1h8.8438−0.013%$554K120xas long as short
Lighter UNI+0.0472%1h8.8424−0.028%$4.5M$5.3M15xas long as short
Hyperliquid UNI+0.0479%1h8.8427−0.025%$96.1M$59.5M10xas long as short
Aftermath Perps UNIUSD+0.0515%1h8.8166−0.320%$1K$50K10xas long as short
Injective UNI/USDC PERP+0.2702%1h8.7900−0.621%$657$97K12xas long as short