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 UTC−0.0070%/8h= −7.7% APRpaid last 24h +0.012%
Price spread now: Paradex against Deribit−0.075%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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Paradex is 0.075% cheaper against Deribit than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit UNI_USDC-PERPETUAL8.93310.0170pay 0.0021% / 1h8m 45s$568K$157K50x
ShortParadex UNI-USD-PERP8.92650.0100get 0.0100% / 8h1h 08m$25K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Deribit. 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
−$14.71
Price spread: −0.075% → 0.000%
−$7.46
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$33.17
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 10 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 Deribit live order book, 10 min ago6.97 bp17.5 bp −$1724.3 bp −$243doesn'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−0.0038%8h8.9363+0.035%$4.0M$4.6Mas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9276−0.062%$62K150xas long as short
Bybit UNIUSDT+0.0015%8h8.9270−0.069%$101.9M$104.8M75xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.155%$660$155K12xas long as short
OKX UNI-USDT-SWAP+0.0056%8h8.9290−0.046%$55.2M$246.7M50xas long as short
01 Exchange UNIUSD+0.0080%1h8.9334+0.003%$44610xas long as short
Paradex UNI-USD-PERPshort+0.0100%8h8.9265−0.075%$25K20x
Nado UNI-PERP+0.0100%1h8.9250−0.091%$943K$4.1M10xas long as short
Aster UNIUSDT+0.0100%8h8.9365+0.038%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9302−0.033%$297K$584K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9290−0.046%$219.7M$590.5M75xas long as short
Arcus UNI-USD+0.0100%1h8.9380+0.054%$275K$621K10xas long as short
Gate UNI_USDT+0.0100%8h8.9300−0.035%$23.0M$59.0M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9280−0.058%$43.1M$24.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9270−0.069%$13.6M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9250−0.091%$32.4M$41.3M75xas long as short
BingX UNI-USDC+0.0100%8h8.9290−0.046%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9313−0.021%$992K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.9326−0.006%$168K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9094−0.266%$628K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9000−0.371%$88K$712K50xas long as short
StandX UNI-USD+0.0100%1h8.9140−0.214%$106K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9308−0.026%$87K$356K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9290−0.046%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9303−0.032%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9280−0.058%$25K$666K10xas long as short
HTX UNI-USDT+0.0100%8h8.9233−0.110%$730K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9240−0.102%$26.9M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.9232−0.112%$302K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9299−0.036%$32K$1K3xas long as short
dYdX UNI-USD+0.0117%1h8.9287−0.049%$247K$6K10xas long as short
Deribit UNI_USDC-PERPETUALlong+0.0170%1h8.9331long leg$568K$157K50x
BloFin UNI-USDT+0.0220%8h8.9230−0.114%$9.9M$3.4M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.9320−0.013%$1.1M$5.3M50xas long as short
Kraken Futures PF_UNIUSD+0.0339%1h8.9302−0.033%$5.0M$7.0M50xas long as short
Reya UNIRUSDPERP+0.0363%1h8.9270−0.069%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0319%1h8.9276−0.062%$559K120xas long as short
Hyperliquid UNI+0.0431%1h8.9421+0.100%$98.5M$59.3M10xas long as short
Aftermath Perps UNIUSD+0.0650%1h8.9213−0.132%$1K$49K10xas long as short
Lighter UNI+0.0656%1h8.9466+0.151%$4.6M$5.2M15xas long as short