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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h −0.169%
Price spread now: SoDEX against Injective+2.874%7-day average −0.202% · 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)−0.275%−$28 on $10k
Price spread, last 3 days (all we have)−2.900%−$290 · spread now +2.874%, 7d avg −0.202%
Together, before fees−3.175%−$318 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 SoDEX is 3.077% dearer against Injective than usual: you sell high and buy low: +$308 more if the spread goes back to its 7-day average of −0.202%. Mind the row above: over the last 3 days funding on this pair cost −0.275%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective UNI/USDC PERP8.83000.0033pay 0.0004% / 1h24m 21s$660$154K12x
ShortSoDEX UNI-USD9.08380.0100get 0.0013% / 1h24m 21s$22K$712K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$14
Price spread: +2.874% → −0.202%
$307.68
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$313.66
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; SoDEX: live order book, 44 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 SoDEX live order book, 44 min ago0.55 bp9.8 bp −$1027.0 bp −$270141.6 bp −$14.2Kdoesn'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 39 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%1h9.0967+3.021%$19K150xas long as short
dYdX UNI-USD+0.0019%1h9.1104+3.175%$240K$30K10xas long as short
Injective UNI/USDC PERPlong+0.0033%1h8.8300long leg$660$154K12x
01 Exchange UNIUSD+0.0040%1h9.1049+3.113%$45410xas long as short
Nado UNI-PERP+0.0100%1h9.0922+2.970%$951K$4.3M10xas long as short
Hyperliquid UNI+0.0100%1h9.1085+3.154%$98.8M$60.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.1098+3.169%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.1120+3.194%$298K$574K10xas long as short
Binance UNIUSDT+0.0100%8h9.0964+3.017%$227.1M$610.7M75xas long as short
Bybit UNIUSDT+0.0100%8h9.0980+3.035%$101.9M$107.4M75xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX UNI-USDT-SWAP+0.0100%8h9.1050+3.114%$56.1M$255.3M50xas long as short
Arcus UNI-USD+0.0100%1h9.1110+3.182%$289K$641K10xas long as short
Gate UNI_USDT+0.0100%8h9.0950+3.001%$23.3M$58.7M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0970+3.024%$49.9M$26.2M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.1000+3.058%$13.5M$13.7M75xas long as short
Bitget UNIUSDT+0.0100%8h9.1050+3.114%$33.3M$42.8M75xas long as short
BingX UNI-USDT+0.0100%8h9.0940+2.990%$57.0Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0886+2.929%$997K$2.4M10xas long as short
Variational Omni UNI+0.0100%8h9.0580+2.582%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h9.0454+2.440%$170K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0456+2.442%$629K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0420+2.401%$88K$699K50xas long as short
StandX UNI-USD+0.0100%1h9.0870+2.911%$56K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0990+3.046%$86K$410K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.1080+3.148%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.0944+2.994%$37K$1.3M30xas long as short
SoDEX UNI-USDshort+0.0100%1h9.0838+2.874%$22K$712K10x
HTX UNI-USDT+0.0100%8h9.0940+2.990%$723K$4.2M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0800+2.831%$27.4M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0971+3.025%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.0911+2.957%$303K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h9.1079+3.147%$32K3xas long as short
Coinbase International UNI-PERP-INTX+0.0312%1h9.0930+2.978%$1.1M$4.7M50xas long as short
Deribit UNI_USDC-PERPETUAL+0.0316%1h9.0889+2.932%$590K$187K50xas long as short
Reya UNIRUSDPERP+0.0368%1h9.0927+2.975%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0950+3.002%$647K120xas long as short
Kraken Futures PF_UNIUSD+0.0422%1h9.0879+2.920%$5.0M$6.9M50xas long as short
Lighter UNI+0.0456%1h9.1249+3.340%$4.7M$5.3M15xas long as short
Aftermath Perps UNIUSD+0.0934%1h9.0544+2.541%$948$48K10xas long as short