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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0027%/8h= −2.9% APRnext payment $0.03 per $10,000 · paid last 24h −0.187%
Price spread now: gTrade (Gains Network) against Injective+0.484%55s7-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
The price spread pays, funding is against you. gTrade (Gains Network) is 0.484% dearer against Injective than usual: you sell high and buy low (spread +0.484% now, against zero (this spread has no 7-day history yet)): +$48 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective UNI/USDC PERP8.83000.0033pay 0.0004% / 1h8m 15s$660$154K12x
ShortgTrade (Gains Network) UNI/USD8.8727L +0.0004% / S −0.0007%get 0.0001% / 1h8m 15s$48K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Injective. 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
−$5.62
Price spread: +0.484% → 0.000%
$48.36
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$32.72
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; gTrade (Gains Network): 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 Injective no order-book sample
Sell gTrade (Gains Network) no order-book sample
Injective and 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
01 Exchange UNIUSD−0.0008%1h8.8665+0.413%$442$510xas long as short
gTrade (Gains Network) UNI/USDshortL +0.0004% / S −0.0007%1h8.8727+0.484%$48K150x
Injective UNI/USDC PERPlong+0.0033%1h8.8300long leg$660$154K12x
Deribit UNI_USDC-PERPETUAL+0.0043%1h8.8694+0.446%$568K$208K50xas long as short
Lighter UNI+0.0096%1h8.8772+0.535%$4.5M$5.9M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8659+0.407%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8610+0.351%$860K$4.5M10xas long as short
Hyperliquid UNI+0.0100%1h8.8723+0.479%$94.0M$65.0M10xas long as short
Aster UNIUSDT+0.0100%8h8.8700+0.453%$769K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.8670+0.419%$286K$611K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8700+0.453%$216.7M$651.5M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8670+0.419%$99.1M$112.0M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8700+0.453%$53.8M$260.6M50xas long as short
Arcus UNI-USD+0.0100%1h8.8750+0.510%$318K$666K10xas long as short
Gate UNI_USDT+0.0100%8h8.8680+0.430%$23.4M$65.3M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8670+0.419%$47.0M$26.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8650+0.396%$13.1M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8610+0.351%$32.6M$46.1M75xas long as short
BingX UNI-USDC+0.0100%8h8.8700+0.453%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8727+0.484%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h8.8419+0.134%$4.1M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.8810+0.578%$168K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8650+0.396%$616K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8820+0.589%$91K$701K50xas long as short
StandX UNI-USD+0.0100%1h8.8660+0.408%$15K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8638+0.383%$83K$458K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8680+0.430%$16K$1.5M10xas long as short
SunX UNI-USDT+0.0100%8h8.8700+0.453%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8638+0.383%$31K$818K10xas long as short
HTX UNI-USDT+0.0100%8h8.8754+0.514%$691K$4.9M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8680+0.430%$26.8M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8602+0.341%$284K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8625+0.368%$31K3xas long as short
Coinbase International UNI-PERP-INTX+0.0216%1h8.8690+0.442%$920K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8630+0.374%$10.1M$3.6M75xas long as short
dYdX UNI-USD+0.0231%1h8.8657+0.404%$233K$30K10xas long as short
Kraken Futures PF_UNIUSD+0.0274%1h8.8693+0.445%$4.8M$8.3M50xas long as short
Reya UNIRUSDPERP+0.0375%1h8.8616+0.358%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8705+0.459%$631K120xas long as short
Aftermath Perps UNIUSD+0.0700%1h8.8858+0.632%$891$45K10xas long as short