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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0197%/8h= −21.6% APRnext payment $0.25 per $10,000 · paid last 24h −0.041%
Price spread now: 01 Exchange against Kraken Futures−0.062%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and 01 Exchange is 0.062% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_UNIUSD9.05170.0269pay 0.0034% / 1h53m 13s$5.0M$8.0M50x
Short01 Exchange UNIUSD9.04610.0072get 0.0009% / 1h53m 13s$451$510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$41.33
Price spread: −0.062% → 0.000%
−$6.16
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$64.5
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 6 min ago; 01 Exchange: no order-book sample. 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 Kraken Futures live order book, 6 min ago2.75 bp17.0 bp −$1718.6 bp −$18647.6 bp −$4,764doesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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%1h9.0476−0.045%$37K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−2.449%$660$154K12xas long as short
01 Exchange UNIUSDshort+0.0072%1h9.0461−0.062%$451$510x
Nado UNI-PERP+0.0100%1h9.0415−0.112%$968K$4.4M10xas long as short
Hyperliquid UNI+0.0100%1h9.0590+0.081%$98.0M$62.0M10xas long as short
Aster UNIUSDT+0.0100%8h9.0500−0.019%$814K$3.5M50xas long as short
Pacifica UNI+0.0100%1h9.0479−0.042%$292K$602K10xas long as short
Binance UNIUSDT+0.0100%8h9.0445−0.079%$222.3M$640.7M75xas long as short
Bybit UNIUSDT+0.0100%8h9.0420−0.107%$101.7M$111.5M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.0410−0.118%$55.0M$261.5M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h9.0540+0.026%$316K$653K10xas long as short
Gate UNI_USDT+0.0100%8h9.0440−0.085%$23.7M$63.2M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0450−0.074%$47.7M$25.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0450−0.074%$13.5M$13.2M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0430−0.096%$33.3M$45.2M75xas long as short
BingX UNI-USDC+0.0100%8h9.0400−0.129%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0487−0.033%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h9.0369−0.163%$4.2M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h9.0450−0.074%$170K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0442−0.083%$640K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0480−0.041%$95K$701K50xas long as short
StandX UNI-USD+0.0100%1h9.0490−0.030%$15K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0502−0.016%$86K$431K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0440−0.085%$16K$1.5M10xas long as short
SunX UNI-USDT+0.0100%8h9.0506−0.012%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.0460−0.063%$22K$793K10xas long as short
HTX UNI-USDT+0.0100%8h9.0558+0.046%$724K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0450−0.074%$27.4M$4.4M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0411−0.117%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.0390−0.140%$292K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0455−0.068%$32K3xas long as short
Lighter UNI+0.0112%1h9.0595+0.086%$4.6M$5.8M15xas long as short
Deribit UNI_USDC-PERPETUAL+0.0202%1h9.0502−0.016%$580K$207K50xas long as short
Coinbase International UNI-PERP-INTX+0.0216%1h9.0490−0.030%$947K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h9.0420−0.107%$10.2M$3.6M75xas long as short
Kraken Futures PF_UNIUSDlong+0.0269%1h9.0517long leg$5.0M$8.0M50x
dYdX UNI-USD+0.0340%1h9.0437−0.088%$238K$30K10xas long as short
Reya UNIRUSDPERP+0.0374%1h9.0467−0.055%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0458−0.065%$644K120xas long as short
Aftermath Perps UNIUSD+0.0881%1h9.0596+0.088%$990$46K10xas long as short