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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Backpack against Extended+0.079%7-day average +0.559% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$240.238% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 7 days+0.227%+$23 · spread now +0.079%, 7d avg +0.559%
Together, before fees+0.178%+ Points / potential airdropExtended: Active · farm board+$18 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: Backpack is 0.480% cheaper against Extended than usual: you would sell low and buy high, −$48 on $10k if it goes back to its 7-day average of +0.559%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended UNI-USD9.07060.0104pay 0.0013% / 1h45m 56s$302K$1.5M25x
ShortBackpack UNI_USDC_PERP9.07770.0100get 0.0013% / 1h45m 56s$989K$2.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against Extended. 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
−$0.84
Price spread: +0.079% → +0.559%
−$48
Slippage, 4 orders
−$8.85
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$72.69
Costs to cover
0.238%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; Backpack: live order book, 3 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 Extended live order book, 2 min ago0.17 bp3.9 bp −$48.8 bp −$88doesn't fitdoesn't fit
Sell Backpack live order book, 3 min ago0.05 bp9.5 bp −$10545.9 bp −$5,459doesn'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
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.0880+0.192%$19K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−2.652%$660$154K12xas long as short
01 Exchange UNIUSD+0.0096%1h9.0714+0.009%$453$510xas long as short
Nado UNI-PERP+0.0100%1h9.0775+0.076%$944K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.0811+0.116%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.0670−0.039%$296K$570K10xas long as short
Binance UNIUSDT+0.0100%8h9.0825+0.132%$226.6M$609.8M75xas long as short
Bybit UNIUSDT+0.0100%8h9.0760+0.060%$102.2M$107.9M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.0780+0.082%$56.1M$252.7M50xas long as short
Arcus UNI-USD+0.0100%1h9.0740+0.038%$287K$619K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h9.0770+0.071%$23.4M$59.3M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0790+0.093%$49.3M$25.0M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0740+0.038%$13.6M$12.9M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0770+0.071%$33.3M$42.7M75xas long as short
BingX UNI-USDC+0.0100%8h9.0790+0.093%$6.5Mas long as short
Backpack UNI_USDC_PERPshort+0.0100%1h9.0777+0.079%$989K$2.2M10x
Variational Omni UNI+0.0100%8h9.0819+0.125%$4.2M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h9.0779+0.080%$171K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0960+0.280%$635K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0770+0.071%$89K$699K50xas long as short
StandX UNI-USD+0.0100%1h9.0590−0.128%$58K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0869+0.180%$88K$411K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0880+0.192%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.0855+0.165%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.0810+0.115%$25K$747K10xas long as short
HTX UNI-USDT+0.0100%8h9.0873+0.184%$721K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0730+0.027%$27.4M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0617−0.098%$26K20xas long as short
Extended UNI-USDlong+0.0104%1h9.0706long leg$302K$1.5M25x
Aevo UNI-PERP+0.0104%1h9.0766+0.067%$32K3xas long as short
dYdX UNI-USD+0.0207%1h9.0603−0.113%$239K$30K10xas long as short
BloFin UNI-USDT+0.0220%8h9.0640−0.072%$3.6M75xas long as short
Kraken Futures PF_UNIUSD+0.0270%1h9.0847+0.156%$5.1M$7.2M50xas long as short
Coinbase International UNI-PERP-INTX+0.0296%1h9.0890+0.203%$1.1M$5.0M50xas long as short
Reya UNIRUSDPERP+0.0370%1h9.0827+0.134%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0898+0.211%$647K120xas long as short
Deribit UNI_USDC-PERPETUAL+0.0489%1h9.0958+0.278%$586K$191K50xas long as short
Hyperliquid UNI+0.0516%1h9.0873+0.184%$99.1M$59.1M10xas long as short
Lighter UNI+0.0592%1h9.0905+0.220%$4.7M$5.6M15xas long as short
Aftermath Perps UNIUSD+0.0945%1h9.1007+0.333%$874$47K10xas long as short