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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Backpack against HTX−0.074%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$490.492% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 3 days (all we have)−0.088%−$9 · spread now −0.074%, 7d avg −0.090%
Together, before fees−0.101%−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX UNI-USDT8.99580.0100pay 0.0100% / 8h16m 08s$720K$4.3M75x
ShortBackpack UNI_USDC_PERP8.98910.0100get 0.0013% / 1h16m 08s$1.1M$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against HTX. 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: −0.074% → −0.090%
$1.57
Slippage, 4 orders
−$27.24
Fee HTX: 6 bp × 2 orders
−$12
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$47.67
Costs to cover
0.492%
Break-even
never at this rate
Slippage from HTX: live order book, 3 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 HTX live order book, 3 min ago8.04 bp14.1 bp −$1465.2 bp −$652368.7 bp −$36.9Kdoesn't fit
Sell Backpack live order book, 3 min ago0.50 bp5.9 bp −$6150.7 bp −$1,507doesn'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
Injective UNI/USDC PERP−0.0049%1h8.8300−1.843%$660$155K12xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9808−0.167%$62K150xas long as short
Variational Omni UNI+0.0072%8h8.9762−0.218%$4.1M$4.4Mas long as short
OKX UNI-USDT-SWAP+0.0089%8h8.9800−0.176%$54.8M$249.5M50xas long as short
Nado UNI-PERP+0.0100%1h8.9772−0.206%$951K$4.2M10xas long as short
Aster UNIUSDT+0.0100%8h8.9871−0.096%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9848−0.122%$297K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.9861−0.108%$222.3M$590.5M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9830−0.142%$101.8M$105.3M75xas long as short
Arcus UNI-USD+0.0100%1h8.9890−0.076%$270K$637K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h8.9850−0.120%$23.0M$59.0M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9880−0.087%$43.8M$24.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9880−0.087%$13.7M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9860−0.109%$32.8M$42.1M75xas long as short
BingX UNI-USDC+0.0100%8h8.9850−0.120%$6.5Mas long as short
Backpack UNI_USDC_PERPshort+0.0100%1h8.9891−0.074%$1.1M$2.4M10x
edgeX UNIUSDC+0.0100%4h9.0084+0.140%$169K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0065+0.119%$630K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0150+0.213%$89K$710K50xas long as short
StandX UNI-USD+0.0100%1h8.9810−0.165%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9830−0.142%$84K$364K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9790−0.187%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9850−0.120%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9850−0.120%$21K$676K10xas long as short
HTX UNI-USDTlong+0.0100%8h8.9958long leg$720K$4.3M75x
Phemex UNIUSDT+0.0100%8h8.9860−0.109%$27.1M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9806−0.169%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9830−0.142%$303K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9870−0.098%$32K$1K3xas long as short
01 Exchange UNIUSD+0.0168%1h8.9829−0.143%$44810xas long as short
Deribit UNI_USDC-PERPETUAL+0.0168%1h8.9834−0.138%$578K$176K50xas long as short
BloFin UNI-USDT+0.0220%8h8.9790−0.187%$10.0M$3.5M75xas long as short
Coinbase International UNI-PERP-INTX+0.0232%1h8.9930−0.031%$1.1M$5.4M50xas long as short
dYdX UNI-USD+0.0295%1h8.9848−0.122%$249K$6K10xas long as short
Reya UNIRUSDPERP+0.0364%1h8.9779−0.199%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0382% / S −0.0323%1h8.9792−0.185%$568K120xas long as short
Hyperliquid UNI+0.0491%1h8.9969+0.012%$98.7M$59.2M10xas long as short
Kraken Futures PF_UNIUSD+0.0563%1h8.9910−0.054%$5.0M$7.0M50xas long as short
Aftermath Perps UNIUSD+0.0848%1h8.9969+0.013%$1K$49K10xas long as short
Lighter UNI+0.0896%1h9.0039+0.090%$4.6M$5.3M15xas long as short