Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%

Price spread now: Binance against Nado+0.121%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$280.283% of the position

Long on Nado Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.004%$0 on $10k

Price spread, last 7 days−0.193%−$19 · spread now +0.121%, 7d avg −0.020%

Together, before fees−0.189%+ Points / potential airdropNado: Active · farm board−$19 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: Binance is 0.141% dearer against Nado than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado UNI-PERP	9.1620	0.0100	pay 0.0012% / 1h	17m 14s	$982K	$4.3M	10x
Short	Binance UNIUSDT	9.1731	0.0100	get 0.0100% / 8h	7h 17m	$233.0M	$603.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Nado. 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

Position, each leg$Hold fordaysFee NadobpFee BinancebpOrdersPrice spread, now +0.121%Rate

Funding earned: $0
Price spread: +0.121% → −0.020%: $14.1
Slippage, 4 orders: −$11.32
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: −$14.22
Costs to cover: 0.283%
Break-even: 1461093001113110.3 days

Slippage from Nado: live order book, 2 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Nado live order book, 2 min ago	0.71 bp	6.0 bp −$6	16.2 bp −$162	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	0.54 bp	7.4 bp −$7	13.6 bp −$136	40.5 bp −$4,052	131.8 bp −$65.9K

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	9.1668	+0.052%	$592K	$185K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.1641	+0.023%	$39K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.624%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0080%	1h	9.1613	−0.008%	$457	—	10x	as long as short
Nado UNI-PERPlong	+0.0100%	1h	9.1620	long leg	$982K	$4.3M	10x
Aster UNIUSDT	+0.0100%	8h	9.1678	+0.064%	$1.1M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1699	+0.086%	$306K	$589K	10x	as long as short
Binance UNIUSDTshort	+0.0100%	8h	9.1731	+0.121%	$233.0M	$603.1M	75x
Bybit UNIUSDT	+0.0100%	8h	9.1710	+0.098%	$103.2M	$108.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1620	0.000%	$56.5M	$257.0M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.1750	+0.142%	$283K	$622K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1620	0.000%	$23.4M	$60.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1640	+0.022%	$45.9M	$24.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1630	+0.011%	$13.6M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1600	−0.022%	$33.8M	$43.1M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1620	0.000%	—	$56.9M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1916	+0.323%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.2000	+0.415%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.2156	+0.585%	$174K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.2149	+0.578%	$643K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.2110	+0.535%	$90K	$707K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.2090	+0.513%	$57K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1662	+0.046%	$85K	$385K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1660	+0.044%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1703	+0.091%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1641	+0.023%	$22K	$711K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1840	+0.240%	$725K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1680	+0.065%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1603	−0.019%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1593	−0.029%	$309K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1656	+0.039%	$33K	—	3x	as long as short
dYdX UNI-USD	+0.0165%	1h	9.1712	+0.100%	$246K	$24K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1670	+0.055%	$10.4M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1820	+0.218%	$1.1M	$4.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0366%	1h	9.1578	−0.046%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	9.1633	+0.014%	$579K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0383%	1h	9.1711	+0.099%	$5.1M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0543%	1h	9.1735	+0.126%	$101.1M	$59.9M	10x	as long as short
Lighter UNI	+0.0952%	1h	9.1835	+0.235%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.1004%	1h	9.2136	+0.563%	$977	$49K	10x	as long as short