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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0160%/8h= −17.5% APRnext payment $0.20 per $10,000 · paid last 24h +0.010%
Price spread now: 01 Exchange against Deribit−0.082%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 feesneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and 01 Exchange is 0.082% cheaper against Deribit than usual: you would sell low and buy high (−$8 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-PERPETUAL8.84740.0136pay 0.0017% / 1h22m 45s$566K$204K50x
Short01 Exchange UNIUSD8.8401−0.0024pay 0.0003% / 1h22m 45s$441$510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$33.6
Price spread: −0.082% → 0.000%
−$8.22
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$55.82
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 26 min ago; 01 Exchange: 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, 26 min ago6.95 bp14.7 bp −$1521.4 bp −$214doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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
Nado UNI-PERP−0.0071%1h8.8320−0.174%$817K$4.7M10xas long as short
01 Exchange UNIUSDshort−0.0024%1h8.8401−0.082%$441$510x
Kraken Futures PF_UNIUSD−0.0017%1h8.8462−0.013%$4.7M$8.6M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8429−0.051%$48K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.196%$660$153K12xas long as short
Polymarket Perps UNI-USD+0.0093%1h8.8378−0.108%$103K$525K10xas long as short
Lighter UNI+0.0096%1h8.8609+0.153%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8425−0.055%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8513+0.045%$736K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.8476+0.003%$284K$616K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8527+0.061%$216.2M$663.2M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8470−0.004%$99.0M$112.8M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8520+0.052%$54.2M$264.0M50xas long as short
Arcus UNI-USD+0.0100%1h8.8450−0.027%$315K$700K10xas long as short
Gate UNI_USDT+0.0100%8h8.8550+0.086%$24.1M$65.9M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8550+0.086%$49.1M$27.0M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8570+0.109%$12.9M$13.6M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8450−0.027%$32.4M$46.7M75xas long as short
BingX UNI-USDC+0.0100%8h8.8550+0.086%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8558+0.095%$1.1M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8380−0.105%$4.1M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.8556+0.093%$167K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8450−0.027%$621K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8600+0.143%$89K$707K50xas long as short
StandX UNI-USD+0.0100%1h8.8630+0.177%$15K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8450−0.027%$16K$1.6M10xas long as short
SunX UNI-USDT+0.0100%8h8.8525+0.058%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8452−0.025%$32K$874K10xas long as short
HTX UNI-USDT+0.0100%8h8.8467−0.008%$711K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8500+0.030%$26.7M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8531+0.065%$298K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8446−0.031%$31K3xas long as short
Hyperliquid UNI+0.0123%1h8.8595+0.137%$94.2M$65.9M10xas long as short
Deribit UNI_USDC-PERPETUALlong+0.0136%1h8.8474long leg$566K$204K50x
dYdX UNI-USD+0.0180%1h8.8512+0.044%$233K$31K10xas long as short
Coinbase International UNI-PERP-INTX+0.0184%1h8.8410−0.072%$922K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8400−0.083%$10.0M$3.6M75xas long as short
Reya UNIRUSDPERP+0.0377%1h8.8377−0.109%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8430−0.050%$629K120xas long as short
Aftermath Perps UNIUSD+0.0669%1h8.8598+0.140%$968$45K10xas long as short