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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.175%
Price spread now: StandX against Lighter−0.193%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$530.531% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.307%−$31 on $10k
Price spread, last 7 days+0.211%+$21 · spread now −0.193%, 7d avg −0.041%
Together, before fees−0.096%+ Points / potential airdropLighter: Season 3 · StandX: Active · farm board−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: StandX is 0.152% cheaper against Lighter than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter UNI8.92920.0096pay 0.0012% / 1h42m 21s$4.5M$5.5M15x
ShortStandX UNI-USD8.91200.0100get 0.0013% / 1h42m 21s$15K$3.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$0.84
Price spread: −0.193% → −0.041%
−$15.17
Slippage, 4 orders
−$45.15
Fee Lighter: 0 bp × 2 orders
$0
Fee StandX: 4 bp × 2 orders
−$8
Net
−$67.47
Costs to cover
0.531%
Break-even
569.3 days
Slippage from Lighter: live order book, 6 min ago; StandX: live order book, 2 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 Lighter live order book, 6 min ago0.95 bp8.3 bp −$815.1 bp −$15180.4 bp −$8,044doesn't fit
Sell StandX live order book, 2 min ago6.18 bp12.0 bp −$1240.5 bp −$405doesn't fitdoesn'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_UNIUSD−0.0304%1h8.9299+0.007%$4.7M$8.6M50xas long as short
01 Exchange UNIUSD−0.0016%1h8.9261−0.035%$445$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9318+0.029%$49K150xas long as short
Nado UNI-PERP+0.0011%1h8.9215−0.086%$731K$4.7M10xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.111%$660$153K12xas long as short
Polymarket Perps UNI-USD+0.0085%1h8.9283−0.010%$106K$616K10xas long as short
Lighter UNIlong+0.0096%1h8.9292long leg$4.5M$5.5M15x
Paradex UNI-USD-PERP+0.0100%8h8.9177−0.129%$25K20xas long as short
Hyperliquid UNI+0.0100%1h8.9395+0.115%$95.1M$67.6M10xas long as short
Aster UNIUSDT+0.0100%8h8.9326+0.038%$731K$3.6M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.9200−0.103%$288K$600K10xas long as short
Binance UNIUSDT+0.0100%8h8.9293+0.002%$215.7M$656.7M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9240−0.058%$98.9M$111.3M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9250−0.047%$54.5M$266.0M50xas long as short
Arcus UNI-USD+0.0100%1h8.9270−0.025%$318K$701K10xas long as short
Gate UNI_USDT+0.0100%8h8.9280−0.013%$25.6M$65.9M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9230−0.069%$48.7M$26.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9300+0.009%$13.1M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9250−0.047%$32.6M$45.4M75xas long as short
BingX UNI-USDC+0.0100%8h8.9270−0.025%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9068−0.251%$1.1M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.9138−0.173%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.9176−0.130%$169K$348K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9002−0.325%$617K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9060−0.260%$89K$710K50xas long as short
StandX UNI-USDshort+0.0100%1h8.9120−0.193%$15K$3.4M20x
Orderly PERP_UNI_USDC+0.0100%8h8.9240−0.058%$16K$2.1M10xas long as short
SunX UNI-USDT+0.0100%8h8.9229−0.071%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9240−0.058%$32K$888K10xas long as short
HTX UNI-USDT+0.0100%8h8.9144−0.166%$698K$4.8M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9000−0.327%$26.9M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.9196−0.107%$288K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9249−0.048%$32K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0178%1h8.9324+0.036%$588K$250K50xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.9310+0.020%$930K$5.5M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8980−0.349%$10.0M$3.6M75xas long as short
Reya UNIRUSDPERP+0.0380%1h8.9246−0.051%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.9311+0.021%$635K120xas long as short
Aftermath Perps UNIUSD+0.0448%1h8.9089−0.227%$951$53K10xas long as short
dYdX UNI-USD+0.0610%1h8.9152−0.157%$235K$30K10xas long as short