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+0.0283%/8h= +31.0% APRnext payment +$0.35 per $10,000 · paid last 24h +0.029%
Price spread now: Deribit against gTrade (Gains Network)+0.066%7-day average · 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 3 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 for this trade now. Funding pays +$8 a day on $10k at the current rate, and Deribit is 0.066% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) UNI/USD8.9861L +0.0004% / S −0.0007%pay 0.0001% / 1h18m 08s$49K150x
ShortDeribit UNI_USDC-PERPETUAL8.99200.0287get 0.0036% / 1h18m 08s$576K$202K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against gTrade (Gains Network). 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
$59.41
Price spread: +0.066% → 0.000%
$6.59
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$48.99
Costs to cover
0.170%
Break-even
1.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: live order book, 31 min ago. 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 gTrade (Gains Network) no order-book sample
Sell Deribit live order book, 31 min ago6.95 bp11.8 bp −$1220.5 bp −$205doesn't fitdoesn't fit
gTrade (Gains Network): 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−0.0063%1h8.9785−0.085%$824K$4.6M10xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.9888+0.029%$4.8M$8.5M50xas long as short
01 Exchange UNIUSD−0.0016%1h8.9819−0.047%$448$510xas long as short
gTrade (Gains Network) UNI/USDlongL +0.0004% / S −0.0007%1h8.9861long leg$49K150x
Injective UNI/USDC PERP+0.0033%1h8.8300−1.737%$660$153K12xas long as short
Lighter UNI+0.0096%1h8.9973+0.125%$4.5M$5.6M15xas long as short
Polymarket Perps UNI-USD+0.0098%1h8.9782−0.088%$106K$543K10xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9765−0.107%$26K20xas long as short
Aster UNIUSDT+0.0100%8h8.9724−0.153%$746K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.9813−0.054%$288K$612K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9693−0.187%$218.9M$660.5M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9650−0.235%$100.2M$112.0M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9660−0.224%$55.0M$267.1M50xas long as short
Arcus UNI-USD+0.0100%1h8.9890+0.032%$321K$703K10xas long as short
Gate UNI_USDT+0.0100%8h8.9740−0.135%$24.5M$66.1M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9750−0.124%$49.4M$27.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9750−0.124%$13.0M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9720−0.157%$32.9M$46.0M75xas long as short
BingX UNI-USDT+0.0100%8h8.9740−0.135%$57.2Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9843−0.020%$1.1M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8719−1.270%$4.1M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.8793−1.189%$168K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8591−1.414%$619K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8460−1.559%$89K$708K50xas long as short
StandX UNI-USD+0.0100%1h8.9230−0.702%$15K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9850−0.012%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9888+0.030%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9830−0.035%$32K$865K10xas long as short
HTX UNI-USDT+0.0100%8h8.9871+0.011%$722K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9780−0.090%$27.1M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.9802−0.066%$301K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9663−0.221%$32K3xas long as short
Hyperliquid UNI+0.0147%1h8.98610.000%$95.6M$66.0M10xas long as short
dYdX UNI-USD+0.0179%1h8.9802−0.066%$236K$31K10xas long as short
Coinbase International UNI-PERP-INTX+0.0184%1h8.9870+0.010%$947K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9610−0.279%$10.1M$3.7M75xas long as short
Deribit UNI_USDC-PERPETUALshort+0.0287%1h8.9920+0.066%$576K$202K50x
Reya UNIRUSDPERP+0.0377%1h8.9783−0.087%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.9853−0.009%$639K120xas long as short
Aftermath Perps UNIUSD+0.0488%1h8.9009−0.948%$5K$50K10xas long as short