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−0.0544%/8h= −59.6% APRnext payment $0.68 per $10,000 · paid last 24h −0.164%
Price spread now: 01 Exchange against Lighter−0.117%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 3 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 −$16 a day on $10k at the current rate, and 01 Exchange is 0.117% cheaper against Lighter than usual: you would sell low and buy high (−$12 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 UNI8.83170.0584pay 0.0073% / 1h35m 35s$4.5M$5.2M15x
Short01 Exchange UNIUSD8.82140.0040get 0.0005% / 1h35m 35s$44010x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$114.24
Price spread: −0.117% → 0.000%
−$11.66
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$132.9
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 7 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 Lighter live order book, 7 min ago1.24 bp9.5 bp −$921.3 bp −$213108.0 bp −$10.8Kdoesn'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
Variational Omni UNI−0.0078%8h8.8285−0.036%$3.9M$4.6Mas long as short
Bybit UNIUSDT−0.0022%8h8.8180−0.155%$100.6M$104.4M75xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.8164−0.173%$561K$157K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.8147−0.193%$61K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.7900−0.472%$657$96K12xas long as short
OKX UNI-USDT-SWAP+0.0039%8h8.8250−0.076%$54.6M$243.2M50xas long as short
01 Exchange UNIUSDshort+0.0040%1h8.8214−0.117%$44010x
Paradex UNI-USD-PERP+0.0100%8h8.8117−0.226%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8280−0.042%$934K$4.0M10xas long as short
Aster UNIUSDT+0.0100%8h8.8200−0.133%$1.0M$3.4M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.8160−0.178%$296K$570K10xas long as short
Binance UNIUSDT+0.0100%8h8.8170−0.166%$216.5M$588.0M75xas long as short
Arcus UNI-USD+0.0100%1h8.8290−0.031%$281K$615K10xas long as short
Gate UNI_USDT+0.0100%8h8.8180−0.155%$22.9M$58.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8150−0.189%$42.5M$24.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8130−0.212%$13.5M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8300−0.019%$32.1M$41.3M75xas long as short
BingX UNI-USDT+0.0100%8h8.8140−0.200%$51.9Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8116−0.228%$976K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.8262−0.063%$166K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8189−0.144%$611K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8450+0.151%$87K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.8170−0.166%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8313−0.005%$86K$351K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8100−0.246%$15K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8176−0.160%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8067−0.283%$25K$666K10xas long as short
HTX UNI-USDT+0.0100%8h8.8243−0.084%$725K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8130−0.212%$26.5M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8140−0.200%$300K$1.4M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8135−0.206%$31K$1K3xas long as short
dYdX UNI-USD+0.0109%1h8.8170−0.166%$244K$6K10xas long as short
BloFin UNI-USDT+0.0220%8h8.8200−0.132%$9.8M$3.3M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.8200−0.132%$1.0M$5.2M50xas long as short
Hyperliquid UNI+0.0313%1h8.8252−0.074%$96.6M$59.1M10xas long as short
Kraken Futures PF_UNIUSD+0.0343%1h8.8149−0.190%$4.9M$7.0M50xas long as short
Reya UNIRUSDPERP+0.0362%1h8.8297−0.023%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0319%1h8.8139−0.202%$552K120xas long as short
Lighter UNIlong+0.0584%1h8.8317long leg$4.5M$5.2M15x
Aftermath Perps UNIUSD+0.0614%1h8.8253−0.072%$1K$49K10xas long as short