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

UNI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SoDEX against GRVT−0.392%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$410.410% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.673%+$67 · spread now −0.392%, 7d avg −0.010%
Together, before fees+0.672%+ Points / potential airdropGRVT: Active · farm board+$67 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: SoDEX is 0.382% cheaper against GRVT than usual: you would sell low and buy high, −$38 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT UNI_USDT_Perp9.08160.0100pay 0.0100% / 8h3h 56m$643K$2.8M10x
ShortSoDEX UNI-USD9.04600.0100get 0.0013% / 1h56m 35s$22K$793K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against GRVT. 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
Price spread: −0.392% → −0.010%
−$38.16
Slippage, 4 orders
−$23.98
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$79.14
Costs to cover
0.410%
Break-even
never at this rate
Slippage from GRVT: live order book, 2 min ago; SoDEX: live order book, 62 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 GRVT live order book, 2 min ago1.65 bp6.9 bp −$728.9 bp −$289doesn't fitdoesn't fit
Sell SoDEX live order book, 62 min ago0.60 bp9.9 bp −$1027.7 bp −$277139.7 bp −$14.0Kdoesn'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%1h9.0505−0.343%$37K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−2.770%$660$154K12xas long as short
Deribit UNI_USDC-PERPETUAL+0.0067%1h9.0525−0.320%$580K$208K50xas long as short
01 Exchange UNIUSD+0.0080%1h9.0336−0.528%$451$510xas long as short
Nado UNI-PERP+0.0100%1h9.0495−0.353%$969K$4.4M10xas long as short
Hyperliquid UNI+0.0100%1h9.0439−0.415%$97.8M$62.5M10xas long as short
Aster UNIUSDT+0.0100%8h9.0460−0.391%$814K$3.5M50xas long as short
Pacifica UNI+0.0100%1h9.0307−0.560%$292K$602K10xas long as short
Binance UNIUSDT+0.0100%8h9.0300−0.568%$221.9M$640.3M75xas long as short
Bybit UNIUSDT+0.0100%8h9.0250−0.623%$101.5M$111.5M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX UNI-USDT-SWAP+0.0100%8h9.0280−0.590%$55.0M$261.1M50xas long as short
Arcus UNI-USD+0.0100%1h9.0440−0.414%$316K$653K10xas long as short
Gate UNI_USDT+0.0100%8h9.0300−0.568%$23.6M$63.2M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0340−0.524%$47.6M$25.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0380−0.480%$13.5M$13.2M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0240−0.634%$33.3M$45.1M75xas long as short
BingX UNI-USDC+0.0100%8h9.0280−0.590%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0492−0.356%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h9.0909+0.103%$4.3M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h9.0917+0.112%$171K$343K20xas long as short
GRVT UNI_USDT_Perplong+0.0100%8h9.0816long leg$643K$2.8M10x
ApeX Omni UNIUSDT+0.0100%1h9.1040+0.247%$96K$701K50xas long as short
StandX UNI-USD+0.0100%1h9.0670−0.160%$16K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0496−0.352%$86K$430K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0480−0.370%$16K$1.5M10xas long as short
SunX UNI-USDT+0.0100%8h9.0559−0.283%$37K$1.3M30xas long as short
SoDEX UNI-USDshort+0.0100%1h9.0460−0.392%$22K$793K10x
HTX UNI-USDT+0.0100%8h9.0584−0.255%$728K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0470−0.381%$27.4M$4.4M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0262−0.609%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.0236−0.639%$292K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0487−0.362%$32K3xas long as short
Lighter UNI+0.0120%1h9.0448−0.405%$4.6M$5.8M15xas long as short
Coinbase International UNI-PERP-INTX+0.0216%1h9.0740−0.083%$950K$5.9M50xas long as short
BloFin UNI-USDT+0.0220%8h9.0520−0.326%$10.2M$3.6M75xas long as short
Kraken Futures PF_UNIUSD+0.0269%1h9.0528−0.317%$5.0M$8.0M50xas long as short
dYdX UNI-USD+0.0316%1h9.0293−0.576%$238K$30K10xas long as short
Reya UNIRUSDPERP+0.0373%1h9.0462−0.389%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0501−0.346%$644K120xas long as short
Aftermath Perps UNIUSD+0.0890%1h9.0740−0.083%$922$46K10xas long as short