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

UNI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Nado against Bitget−0.099%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$290.287% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)0.000%$0 on $10k
Price spread, last 7 days+0.165%+$16 · spread now −0.099%, 7d avg +0.063%
Together, before fees+0.165%+ Points / potential airdropNado: Active · farm board+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.161% cheaper against Bitget than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget UNIUSDT8.87500.0100pay 0.0100% / 8h1h 23m$32.2M$41.4M75x
ShortNado UNI-PERP8.86620.0100get 0.0012% / 1h23m 22s$939K$4.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Bitget. 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
Price spread: −0.099% → +0.063%
−$16.13
Slippage, 4 orders
−$9.73
Fee Bitget: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$44.86
Costs to cover
0.287%
Break-even
never at this rate
Slippage from Bitget: live order book, 6 min ago; Nado: live order book, 6 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 Bitget live order book, 6 min ago1.70 bp11.1 bp −$1119.1 bp −$19132.3 bp −$3,226doesn't fit
Sell Nado live order book, 6 min ago0.45 bp4.4 bp −$412.5 bp −$125doesn't fitdoesn'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−0.0057%8h8.8474−0.311%$3.9M$4.5Mas long as short
Bybit UNIUSDT−0.0003%8h8.8720−0.034%$101.2M$104.5M75xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.8714−0.041%$62K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.507%$660$155K12xas long as short
OKX UNI-USDT-SWAP+0.0047%8h8.8760+0.011%$54.9M$244.7M50xas long as short
01 Exchange UNIUSD+0.0056%1h8.8733−0.019%$44310xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8597−0.172%$25K20xas long as short
Nado UNI-PERPshort+0.0100%1h8.8662−0.099%$939K$4.0M10x
Aster UNIUSDT+0.0100%8h8.8784+0.038%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.8660−0.101%$297K$570K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.87500.000%$217.7M$588.2M75xas long as short
Arcus UNI-USD+0.0100%1h8.8760+0.011%$283K$615K10xas long as short
Gate UNI_USDT+0.0100%8h8.8690−0.068%$23.1M$58.6M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8680−0.079%$42.8M$24.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8680−0.079%$13.6M$13.7M75xas long as short
Bitget UNIUSDTlong+0.0100%8h8.8750long leg$32.2M$41.4M75x
BingX UNI-USDC+0.0100%8h8.8730−0.023%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8737−0.015%$985K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.8599−0.170%$167K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8775+0.028%$626K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8740−0.011%$88K$712K50xas long as short
StandX UNI-USD+0.0100%1h8.8710−0.045%$106K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8709−0.046%$86K$353K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8760+0.011%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8730−0.023%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8765+0.017%$25K$666K10xas long as short
HTX UNI-USDT+0.0100%8h8.8787+0.042%$728K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8770+0.023%$26.7M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8748−0.002%$301K$1.4M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8810+0.068%$32K$1K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0128%1h8.8856+0.119%$565K$157K50xas long as short
dYdX UNI-USD+0.0147%1h8.8658−0.104%$245K$6K10xas long as short
BloFin UNI-USDT+0.0220%8h8.8710−0.045%$9.8M$3.4M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.8850+0.113%$1.1M$5.3M50xas long as short
Hyperliquid UNI+0.0330%1h8.8833+0.094%$97.4M$59.1M10xas long as short
Kraken Futures PF_UNIUSD+0.0341%1h8.8827+0.087%$4.9M$7.0M50xas long as short
Reya UNIRUSDPERP+0.0362%1h8.8660−0.101%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0319%1h8.8708−0.047%$556K120xas long as short
Lighter UNI+0.0584%1h8.8956+0.232%$4.5M$5.2M15xas long as short
Aftermath Perps UNIUSD+0.0621%1h8.8545−0.231%$1K$50K10xas long as short