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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.16 per $10,000 · paid last 24h +0.035%
Price spread now: Orderly against Bybit+0.078%7-day average +0.061% · 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 7 days+0.096%+$10 on $10k
Price spread, last 3 days (all we have)+0.186%+$19 · spread now +0.078%, 7d avg +0.061%
Together, before fees+0.282%+$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit UNIUSDT8.99000.0084pay 0.0084% / 8h28m 05s$102.1M$104.9M75x
ShortOrderly PERP_UNI_USDC8.99700.0100get 0.0100% / 8h28m 05s$16K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Bybit. 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
$3.29
Price spread: +0.078% → +0.061%
$1.7
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$12.01
Costs to cover
0.170%
Break-even
32.6 days
Slippage unknown: Bybit: live order book, 1 min ago; Orderly: 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 Bybit live order book, 1 min ago0.56 bp9.0 bp −$917.9 bp −$17938.5 bp −$3,845doesn't fit
Sell Orderly no order-book sample
Orderly: 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
Injective UNI/USDC PERP−0.0049%1h8.8300−1.780%$660$155K12xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9974+0.082%$62K150xas long as short
Variational Omni UNI+0.0041%8h9.0035+0.150%$4.1M$4.4Mas long as short
dYdX UNI-USD+0.0084%1h8.9898−0.003%$249K$6K10xas long as short
Bybit UNIUSDTlong+0.0084%8h8.9900long leg$102.1M$104.9M75x
OKX UNI-USDT-SWAP+0.0089%8h8.9890−0.011%$55.1M$249.1M50xas long as short
Nado UNI-PERP+0.0100%1h8.9940+0.044%$955K$4.2M10xas long as short
Aster UNIUSDT+0.0100%8h8.9988+0.098%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9930+0.033%$297K$593K10xas long as short
Binance UNIUSDT+0.0100%8h8.9929+0.032%$222.4M$589.9M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h8.9960+0.067%$278K$620K10xas long as short
Gate UNI_USDT+0.0100%8h8.9930+0.033%$23.0M$58.8M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9990+0.100%$43.7M$24.0M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0000+0.111%$13.7M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9950+0.056%$32.9M$42.0M75xas long as short
BingX UNI-USDC+0.0100%8h8.9940+0.044%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0002+0.113%$1.0M$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h9.0166+0.296%$169K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9950+0.056%$631K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0300+0.445%$89K$712K50xas long as short
StandX UNI-USD+0.0100%1h8.9870−0.033%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9966+0.073%$85K$363K10xas long as short
Orderly PERP_UNI_USDCshort+0.0100%8h8.9970+0.078%$16K$1.7M10x
SunX UNI-USDT+0.0100%8h9.0012+0.125%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9973+0.081%$21K$676K10xas long as short
HTX UNI-USDT+0.0100%8h8.9947+0.052%$718K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9960+0.067%$27.1M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9840−0.067%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9923+0.026%$303K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9990+0.100%$32K$1K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0139%1h9.0026+0.140%$580K$176K50xas long as short
01 Exchange UNIUSD+0.0184%1h8.9956+0.062%$44910xas long as short
BloFin UNI-USDT+0.0220%8h9.0050+0.167%$10.1M$3.5M75xas long as short
Coinbase International UNI-PERP-INTX+0.0232%1h9.0050+0.167%$1.1M$5.4M50xas long as short
Reya UNIRUSDPERP+0.0364%1h8.9944+0.049%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0382% / S −0.0323%1h8.9997+0.108%$569K120xas long as short
Hyperliquid UNI+0.0549%1h9.0042+0.158%$98.7M$59.0M10xas long as short
Kraken Futures PF_UNIUSD+0.0562%1h9.0041+0.157%$5.0M$7.0M50xas long as short
Aftermath Perps UNIUSD+0.0807%1h9.0086+0.206%$1K$49K10xas long as short
Lighter UNI+0.0896%1h9.0147+0.275%$4.6M$5.2M15xas long as short