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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.189%
Price spread now: Variational Omni against Injective+3.613%76s7-day average −0.181% · 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)−0.328%−$33 on $10k
Price spread, last 4 days (all we have)−3.870%−$387 · spread now +3.613%, 7d avg −0.181%
Together, before fees−4.198%+ Points / potential airdropVariational Omni: Active · farm board−$420 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 Variational Omni is 3.794% dearer against Injective than usual: you sell high and buy low: +$379 more if the spread goes back to its 7-day average of −0.181%. Mind the row above: over the last 3 days funding on this pair cost −0.328%, so the current rate has only just turned in your favour. The two prices were read 76 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% / 1h54m 01s$660$154K12x
ShortVariational Omni UNI9.14900.0100get 0.0100% / 8h4h 54m$4.3M$4.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +3.613% → −0.181%
$379.39
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$393.37
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 5 min ago3.25 bpdoesn't fit13.2 bp −$132doesn'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
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.1268+3.361%$37K150xas long as short
Injective UNI/USDC PERPlong+0.0033%1h8.8300long leg$660$154K12x
01 Exchange UNIUSD+0.0056%1h9.1281+3.376%$455$510xas long as short
Nado UNI-PERP+0.0100%1h9.1230+3.318%$920K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.1334+3.436%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.1273+3.366%$298K$589K10xas long as short
Binance UNIUSDT+0.0100%8h9.1216+3.302%$225.7M$625.7M75xas long as short
Bybit UNIUSDT+0.0100%8h9.1160+3.239%$102.4M$110.6M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.1180+3.262%$56.0M$258.1M50xas long as short
Arcus UNI-USD+0.0100%1h9.1320+3.420%$289K$618K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h9.1220+3.307%$23.1M$62.0M75xas long as short
MEXC UNI_USDT+0.0100%8h9.1230+3.318%$48.8M$25.2M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.1210+3.296%$13.7M$13.1M75xas long as short
Bitget UNIUSDT+0.0100%8h9.1150+3.228%$33.5M$43.9M75xas long as short
BingX UNI-USDT+0.0100%8h9.1200+3.284%$56.6Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.1272+3.366%$1.0M$2.3M10xas long as short
Variational Omni UNIshort+0.0100%8h9.1490+3.613%$4.3M$4.3M
edgeX UNIUSDC+0.0100%4h9.0960+3.012%$171K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.1208+3.293%$635K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0950+3.001%$89K$694K50xas long as short
StandX UNI-USD+0.0100%1h9.1330+3.431%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.1271+3.365%$88K$422K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.1210+3.296%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.1317+3.417%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.1267+3.360%$22K$781K10xas long as short
HTX UNI-USDT+0.0100%8h9.1304+3.402%$718K$4.5M75xas long as short
Phemex UNIUSDT+0.0100%8h9.1260+3.352%$27.6M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0101%8h9.1190+3.273%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.1187+3.270%$301K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.1231+3.319%$32K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0193%1h9.1275+3.370%$585K$193K50xas long as short
dYdX UNI-USD+0.0205%1h9.1234+3.323%$240K$30K10xas long as short
BloFin UNI-USDT+0.0220%8h9.1270+3.364%$10.4M$3.6M75xas long as short
Coinbase International UNI-PERP-INTX+0.0248%1h9.1340+3.443%$1.1M$5.4M50xas long as short
Kraken Futures PF_UNIUSD+0.0268%1h9.1327+3.428%$5.1M$7.8M50xas long as short
Reya UNIRUSDPERP+0.0371%1h9.1228+3.315%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.1258+3.350%$650K120xas long as short
Lighter UNI+0.0416%1h9.1385+3.494%$4.6M$5.8M15xas long as short
Hyperliquid UNI+0.0529%1h9.1358+3.463%$99.3M$61.4M10xas long as short
Aftermath Perps UNIUSD+0.1010%1h9.1347+3.451%$1K$46K10xas long as short