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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0162%/8h= +17.7% APRnext payment +$0.20 per $10,000 · paid last 24h −0.028%
Price spread now: SoDEX against Kraken Futures−0.071%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$460.464% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.194%−$19 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.071%, 7d avg −0.063%
Together, before fees−0.164%−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.063%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.194%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_UNIUSD8.9181−0.0062get 0.0008% / 1h37m 40s$4.7M$8.5M50x
ShortSoDEX UNI-USD8.91170.0100get 0.0013% / 1h37m 40s$32K$902K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Kraken Futures. 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
$33.99
Price spread: −0.071% → −0.063%
−$0.78
Slippage, 4 orders
−$28.44
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$13.23
Costs to cover
0.464%
Break-even
9.7 days
Slippage from Kraken Futures: live order book, 1 min ago; SoDEX: live order book, 61 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 1 min ago2.81 bp11.0 bp −$1112.3 bp −$12339.4 bp −$3,939doesn't fit
Sell SoDEX live order book, 61 min ago0.56 bp8.6 bp −$927.0 bp −$270128.1 bp −$12.8Kdoesn't fit

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
Kraken Futures PF_UNIUSDlong−0.0062%1h8.9181long leg$4.7M$8.5M50x
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.9151−0.033%$77K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.987%$660$153K12xas long as short
Nado UNI-PERP+0.0092%1h8.9060−0.135%$733K$4.6M10xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9115−0.074%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.9207+0.029%$725K$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9158−0.025%$288K$565K10xas long as short
Binance UNIUSDT+0.0100%8h8.9130−0.057%$217.0M$651.7M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9100−0.090%$98.8M$110.5M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9060−0.135%$54.5M$261.4M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h8.9160−0.023%$323K$701K10xas long as short
Gate UNI_USDT+0.0100%8h8.9140−0.045%$26.7M$62.7M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9110−0.079%$47.7M$25.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9190+0.011%$13.0M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9110−0.079%$33.2M$46.0M75xas long as short
BingX UNI-USDT+0.0100%8h8.9110−0.079%$58.0Mas long as short
Variational Omni UNI+0.0100%8h8.8960−0.247%$4.1M$4.0Mas long as short
edgeX UNIUSDC+0.0100%4h8.9005−0.196%$168K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9100−0.090%$622K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9060−0.135%$90K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.9030−0.169%$14K$3.5M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9065−0.130%$104K$616K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9100−0.090%$17K$2.4M10xas long as short
SunX UNI-USDT+0.0100%8h8.9099−0.091%$36K$1.3M30xas long as short
SoDEX UNI-USDshort+0.0100%1h8.9117−0.071%$32K$902K10x
HTX UNI-USDT+0.0100%8h8.9207+0.030%$707K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9110−0.079%$27.0M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.9046−0.151%$300K$1.8M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9120−0.068%$32K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0107%1h8.9173−0.009%$591K$273K50xas long as short
01 Exchange UNIUSD+0.0112%1h8.9118−0.070%$445$510xas long as short
Lighter UNI+0.0136%1h8.9246+0.073%$4.5M$5.4M15xas long as short
Hyperliquid UNI+0.0158%1h8.9291+0.124%$95.4M$67.5M10xas long as short
Coinbase International UNI-PERP-INTX+0.0208%1h8.9260+0.089%$929K$5.5M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9010−0.191%$10.2M$3.6M75xas long as short
Backpack UNI_USDC_PERP+0.0237%1h8.9238+0.064%$1.1M$2.5M10xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.9150−0.034%$634K120xas long as short
Reya UNIRUSDPERP+0.0382%1h8.9113−0.076%$16K20xas long as short
Aftermath Perps UNIUSD+0.0407%1h8.9197+0.019%$1K$52K10xas long as short
dYdX UNI-USD+0.0552%1h8.9180−0.001%$234K$31K10xas long as short