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−0.0153%/8h= −16.8% APRnext payment $0.19 per $10,000 · paid last 24h +0.171%
Price spread now: Injective against Extended−1.680%60s7-day average +0.336% · 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 7 days−0.574%−$57 on $10k
Price spread, last 3 days (all we have)+1.834%+$183 · spread now −1.680%, 7d avg +0.336%
Together, before fees+1.260%+ Points / potential airdropExtended: Active · farm board+$126 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Injective is 2.016% cheaper against Extended than usual: you would sell low and buy high (−$202 if the spread goes back to its 7-day average of +0.336%). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended UNI-USD8.98090.0104pay 0.0013% / 1h30m 14s$303K$1.5M25x
ShortInjective UNI/USDC PERP8.8300−0.0049pay 0.0006% / 1h30m 14s$660$155K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$32.23
Price spread: −1.680% → +0.336%
−$201.58
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$238.83
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 3 min ago; Injective: 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 Extended live order book, 3 min ago0.11 bp3.9 bp −$49.4 bp −$94doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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 PERPshort−0.0049%1h8.8300−1.680%$660$155K12x
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9846+0.041%$62K150xas long as short
Variational Omni UNI+0.0041%8h9.0035+0.251%$4.1M$4.4Mas long as short
dYdX UNI-USD+0.0057%1h8.9938+0.144%$249K$6K10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0057%1h8.9878+0.077%$579K$176K50xas long as short
Bybit UNIUSDT+0.0081%8h8.9860+0.057%$102.1M$105.0M75xas long as short
OKX UNI-USDT-SWAP+0.0088%8h8.9840+0.035%$55.1M$249.0M50xas long as short
Nado UNI-PERP+0.0100%1h8.9875+0.074%$954K$4.2M10xas long as short
Aster UNIUSDT+0.0100%8h8.9870+0.068%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9925+0.129%$298K$591K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9890+0.090%$222.3M$589.7M75xas long as short
Arcus UNI-USD+0.0100%1h8.9950+0.157%$278K$620K10xas long as short
Gate UNI_USDT+0.0100%8h8.9820+0.012%$23.0M$58.7M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9900+0.102%$43.7M$24.0M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9880+0.079%$13.6M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9820+0.012%$32.8M$42.0M75xas long as short
BingX UNI-USDT+0.0100%8h8.9820+0.012%$51.9Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0064+0.284%$1.0M$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h9.0166+0.397%$169K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0169+0.401%$637K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0300+0.547%$89K$712K50xas long as short
StandX UNI-USD+0.0100%1h9.0030+0.246%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9885+0.085%$86K$361K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9850+0.046%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9968+0.177%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9855+0.051%$25K$674K10xas long as short
HTX UNI-USDT+0.0100%8h9.0040+0.257%$718K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9900+0.102%$27.1M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9883+0.083%$26K20xas long as short
Extended UNI-USDlong+0.0104%1h8.9809long leg$303K$1.5M25x
Aevo UNI-PERP+0.0104%1h8.9851+0.047%$32K$1K3xas long as short
01 Exchange UNIUSD+0.0184%1h8.9899+0.100%$44910xas long as short
BloFin UNI-USDT+0.0220%8h8.9970+0.179%$10.1M$3.5M75xas long as short
Coinbase International UNI-PERP-INTX+0.0232%1h8.9920+0.124%$1.1M$5.4M50xas long as short
Reya UNIRUSDPERP+0.0364%1h8.9846+0.041%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0380% / S −0.0320%1h8.9835+0.029%$565K120xas long as short
Hyperliquid UNI+0.0561%1h8.9993+0.205%$98.7M$59.0M10xas long as short
Kraken Futures PF_UNIUSD+0.0563%1h8.9908+0.110%$5.0M$7.0M50xas long as short
Aftermath Perps UNIUSD+0.0804%1h9.0162+0.393%$1K$49K10xas long as short
Lighter UNI+0.0936%1h9.0058+0.277%$4.6M$5.2M15xas long as short