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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.027%
Price spread now: Lighter against Injective+1.062%7-day average +0.115% · 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 7 days+0.807%+$81 on $10k
Price spread, last 4 days (all we have)−1.048%−$105 · spread now +1.062%, 7d avg +0.115%
Together, before fees−0.241%+ Points / potential airdropLighter: Season 3 · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.947% dearer against Injective than usual: you sell high and buy low: +$95 more if the spread goes back to its 7-day average of +0.115%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective UNI/USDC PERP8.83000.0033pay 0.0004% / 1h38m 57s$660$153K12x
ShortLighter UNI8.92380.0096get 0.0012% / 1h38m 57s$4.5M$5.6M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$13.16
Price spread: +1.062% → +0.115%
$94.71
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Lighter: 0 bp × 2 orders
$0
Net
$107.85
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 4 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 Injective no order-book sample
Sell Lighter live order book, 4 min ago7.38 bp8.5 bp −$918.3 bp −$183105.5 bp −$10.6Kdoesn't fit
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
Polymarket Perps UNI-USD−0.0169%1h8.9047+0.846%$107K$607K10xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.9128+0.938%$4.7M$8.7M50xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.9119+0.927%$587K$250K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9078+0.881%$49K150xas long as short
Injective UNI/USDC PERPlong+0.0033%1h8.8300long leg$660$153K12x
01 Exchange UNIUSD+0.0040%1h8.9070+0.872%$444$510xas long as short
Lighter UNIshort+0.0096%1h8.9238+1.062%$4.5M$5.6M15x
Paradex UNI-USD-PERP+0.0100%8h8.9072+0.874%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.9060+0.861%$755K$4.7M10xas long as short
Aster UNIUSDT+0.0100%8h8.9134+0.944%$735K$3.6M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.9095+0.901%$285K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.9100+0.906%$215.3M$659.6M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9070+0.872%$98.9M$112.2M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9080+0.883%$54.2M$265.9M50xas long as short
Arcus UNI-USD+0.0100%1h8.9160+0.974%$318K$704K10xas long as short
Gate UNI_USDT+0.0100%8h8.9080+0.883%$24.9M$66.4M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9070+0.872%$49.0M$26.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9110+0.917%$13.0M$13.4M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9060+0.861%$32.7M$45.5M75xas long as short
BingX UNI-USDT+0.0100%8h8.9090+0.895%$57.4Mas long as short
Variational Omni UNI+0.0100%8h8.9189+1.007%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.9164+0.979%$169K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9245+1.071%$630K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9250+1.076%$90K$710K50xas long as short
StandX UNI-USD+0.0100%1h8.9220+1.042%$15K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9070+0.872%$16K$1.8M10xas long as short
SunX UNI-USDT+0.0100%8h8.9135+0.946%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9090+0.895%$32K$887K10xas long as short
HTX UNI-USDT+0.0100%8h8.9294+1.126%$698K$4.9M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9160+0.974%$26.9M$4.5M50xas long as short
dYdX UNI-USD+0.0102%1h8.9095+0.900%$235K$31K10xas long as short
Extended UNI-USD+0.0104%1h8.9048+0.847%$297K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9076+0.879%$32K3xas long as short
Backpack UNI_USDC_PERP+0.0108%1h8.9148+0.960%$1.1M$2.4M10xas long as short
Coinbase International UNI-PERP-INTX+0.0192%1h8.9150+0.963%$930K$5.5M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9110+0.917%$10.1M$3.6M75xas long as short
Hyperliquid UNI+0.0372%1h8.9182+0.999%$94.8M$67.4M10xas long as short
Reya UNIRUSDPERP+0.0378%1h8.9048+0.847%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.9126+0.936%$634K120xas long as short
Aftermath Perps UNIUSD+0.0538%1h8.9416+1.264%$1K$53K10xas long as short