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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0149%/8h= +16.4% APRnext payment +$0.19 per $10,000 · paid last 24h −0.172%
Price spread now: Nado against Injective+1.529%49s7-day average −0.305% · 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)−0.282%−$28 on $10k
Price spread, last 3 days (all we have)−1.653%−$165 · spread now +1.529%, 7d avg −0.305%
Together, before fees−1.935%+ Points / potential airdropNado: Active · farm board−$193 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Nado is 1.833% dearer against Injective than usual: you sell high and buy low: +$183 more if the spread goes back to its 7-day average of −0.305%. Mind the row above: over the last 3 days funding on this pair cost −0.282%, so the current rate has only just turned in your favour. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective UNI/USDC PERP8.8300−0.0049get 0.0006% / 1h4m 13s$660$155K12x
ShortNado UNI-PERP8.96500.0100get 0.0012% / 1h4m 13s$943K$4.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$31.39
Price spread: +1.529% → −0.305%
$183.34
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$207.72
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Nado: live order book, 5 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 Nado live order book, 5 min ago0.34 bp4.5 bp −$512.2 bp −$122doesn't fitdoesn'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
Injective UNI/USDC PERPlong−0.0049%1h8.8300long leg$660$155K12x
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9744+1.635%$62K150xas long as short
OKX UNI-USDT-SWAP+0.0086%8h8.9660+1.540%$54.8M$249.1M50xas long as short
Variational Omni UNI+0.0087%8h8.9503+1.362%$4.1M$4.4Mas long as short
Nado UNI-PERPshort+0.0100%1h8.9650+1.529%$943K$4.2M10x
Aster UNIUSDT+0.0100%8h8.9764+1.658%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9804+1.704%$297K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.9716+1.604%$222.0M$591.8M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9670+1.552%$101.5M$105.6M75xas long as short
Arcus UNI-USD+0.0100%1h8.9880+1.789%$270K$614K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h8.9690+1.574%$22.8M$59.3M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9700+1.586%$43.9M$24.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9730+1.619%$13.6M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9690+1.574%$32.8M$42.1M75xas long as short
BingX UNI-USDT+0.0100%8h8.9690+1.574%$52.1Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9753+1.646%$1.1M$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h8.9500+1.359%$168K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9730+1.620%$624K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9490+1.348%$88K$708K50xas long as short
StandX UNI-USD+0.0100%1h8.9580+1.450%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9726+1.615%$85K$366K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9740+1.631%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9870+1.778%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9700+1.586%$21K$676K10xas long as short
HTX UNI-USDT+0.0100%8h8.9862+1.769%$719K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9730+1.619%$27.1M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9784+1.681%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9683+1.566%$301K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9767+1.661%$32K$1K3xas long as short
01 Exchange UNIUSD+0.0160%1h8.9827+1.729%$44810xas long as short
BloFin UNI-USDT+0.0220%8h8.9540+1.404%$10.0M$3.5M75xas long as short
Deribit UNI_USDC-PERPETUAL+0.0224%1h8.9787+1.684%$578K$177K50xas long as short
Coinbase International UNI-PERP-INTX+0.0232%1h8.9850+1.755%$1.1M$5.4M50xas long as short
dYdX UNI-USD+0.0299%1h8.9830+1.733%$249K$6K10xas long as short
Reya UNIRUSDPERP+0.0365%1h8.9639+1.517%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0382% / S −0.0323%1h8.9718+1.606%$568K120xas long as short
Hyperliquid UNI+0.0430%1h8.9775+1.670%$98.2M$59.6M10xas long as short
Kraken Futures PF_UNIUSD+0.0564%1h8.9758+1.651%$5.0M$7.0M50xas long as short
Aftermath Perps UNIUSD+0.0868%1h8.9745+1.636%$1K$49K10xas long as short
Lighter UNI+0.0904%1h8.9885+1.795%$4.6M$5.3M15xas long as short