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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0424%/8h= −46.4% APRnext payment $0.53 per $10,000 · paid last 24h −0.168%
Price spread now: Aevo against Lighter−0.231%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Aevo is 0.231% cheaper against Lighter than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter UNI8.84440.0528pay 0.0066% / 1h42m 28s$4.5M$5.2M15x
ShortAevo UNI-PERP8.82400.0104get 0.0013% / 1h42m 28s$31K$1K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. 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
−$89.04
Price spread: −0.231% → 0.000%
−$23.07
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$128.11
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 5 min ago; Aevo: 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 Lighter live order book, 5 min ago1.14 bp6.6 bp −$715.2 bp −$15285.3 bp −$8,535doesn't fit
Sell Aevo no order-book sample
Aevo: 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
Variational Omni UNI−0.0078%8h8.7827−0.698%$3.9M$4.7Mas long as short
Bybit UNIUSDT−0.0030%8h8.8230−0.242%$100.8M$104.5M75xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.8249−0.220%$79K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.7900−0.615%$657$96K12xas long as short
OKX UNI-USDT-SWAP+0.0034%8h8.8220−0.253%$54.7M$243.4M50xas long as short
01 Exchange UNIUSD+0.0040%1h8.8298−0.165%$44110xas long as short
Deribit UNI_USDC-PERPETUAL+0.0080%1h8.8288−0.176%$562K$157K50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8231−0.241%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8265−0.202%$847K$4.0M10xas long as short
Aster UNIUSDT+0.0100%8h8.8370−0.084%$1.0M$3.4M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.8298−0.165%$297K$579K10xas long as short
Binance UNIUSDT+0.0100%8h8.8260−0.208%$216.8M$588.8M75xas long as short
Arcus UNI-USD+0.0100%1h8.8330−0.129%$272K$606K10xas long as short
Gate UNI_USDT+0.0100%8h8.8260−0.208%$22.9M$58.3M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8260−0.208%$42.5M$24.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8350−0.106%$13.6M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8230−0.242%$32.1M$41.3M75xas long as short
BingX UNI-USDT+0.0100%8h8.8250−0.219%$52.0Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8362−0.093%$980K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.7992−0.511%$165K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8080−0.412%$622K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8030−0.468%$87K$714K50xas long as short
StandX UNI-USD+0.0100%1h8.8160−0.321%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8272−0.194%$87K$350K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8230−0.242%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8187−0.291%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8247−0.223%$25K$668K10xas long as short
HTX UNI-USDT+0.0100%8h8.8366−0.088%$726K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8210−0.265%$26.6M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8217−0.256%$300K$1.5M25xas long as short
Aevo UNI-PERPshort+0.0104%1h8.8240−0.231%$31K$1K3x
dYdX UNI-USD+0.0147%1h8.8258−0.210%$244K$6K10xas long as short
BloFin UNI-USDT+0.0220%8h8.8280−0.185%$9.8M$3.3M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.8280−0.185%$1.0M$5.2M50xas long as short
Hyperliquid UNI+0.0331%1h8.8471+0.031%$96.8M$59.6M10xas long as short
Kraken Futures PF_UNIUSD+0.0343%1h8.8293−0.171%$4.9M$6.9M50xas long as short
Reya UNIRUSDPERP+0.0361%1h8.8245−0.225%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0319%1h8.8236−0.236%$552K120xas long as short
Lighter UNIlong+0.0528%1h8.8444long leg$4.5M$5.2M15x
Aftermath Perps UNIUSD+0.0610%1h8.8013−0.487%$1K$49K10xas long as short