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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0223%/8h= +24.4% APRnext payment +$0.28 per $10,000 · paid last 24h +0.077%
Price spread now: GMX against Nado+0.032%7-day average +0.075% · you sell dearer than you buy
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)+0.087%+$9 on $10k
Price spread, last 3 days (all we have)+0.071%+$7 · spread now +0.032%, 7d avg +0.075%
Together, before fees+0.158%+ Points / potential airdropNado: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.043% cheaper against Nado than usual: you would sell low and buy high (spread +0.032% now, against its 7-day average of +0.075%). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$7 a day). At the pace of the last 3 days (+0.087% in total) that is about 38 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado UNI-PERP9.14750.0100pay 0.0012% / 1h10m 48s$983K$4.3M10x
ShortGMX UNI/USD [UNI-USDC]9.1504L +0.0381% / S −0.0323%get 0.0040% / 1h10m 48s$579K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
$46.78
Price spread: +0.032% → +0.075%
−$4.33
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$23.46
Costs to cover
0.190%
Break-even
3.5 days
Slippage unknown: Nado: live order book, 3 min ago; GMX: 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 Nado live order book, 3 min ago0.05 bp5.3 bp −$514.1 bp −$141doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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%1h9.1521+0.050%$38K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−3.471%$660$154K12xas long as short
01 Exchange UNIUSD+0.0088%1h9.1490+0.016%$45710xas long as short
Nado UNI-PERPlong+0.0100%1h9.1475long leg$983K$4.3M10x
Aster UNIUSDT+0.0100%8h9.1523+0.052%$1.1M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.1481+0.006%$305K$589K10xas long as short
Binance UNIUSDT+0.0100%8h9.1712+0.259%$232.7M$602.2M75xas long as short
Bybit UNIUSDT+0.0100%8h9.1710+0.257%$103.4M$107.8M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.1700+0.246%$56.6M$256.5M50xas long as short
Arcus UNI-USD+0.0100%1h9.1570+0.104%$283K$622K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h9.1670+0.213%$23.4M$60.5M75xas long as short
MEXC UNI_USDT+0.0100%8h9.1650+0.191%$46.6M$24.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.1650+0.191%$13.6M$13.6M75xas long as short
Bitget UNIUSDT+0.0100%8h9.1690+0.235%$33.8M$43.1M75xas long as short
BingX UNI-USDT+0.0100%8h9.1720+0.268%$57.1Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.1488+0.014%$1.0M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h9.1470−0.006%$4.2M$4.4Mas long as short
edgeX UNIUSDC+0.0100%4h9.1624+0.162%$173K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.1708+0.254%$639K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.1590+0.126%$89K$706K50xas long as short
StandX UNI-USD+0.0100%1h9.1640+0.180%$56K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.1533+0.063%$85K$387K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.1490+0.016%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.1487+0.013%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.1490+0.016%$22K$711K10xas long as short
HTX UNI-USDT+0.0100%8h9.1574+0.108%$729K$4.4M75xas long as short
Phemex UNIUSDT+0.0100%8h9.1520+0.049%$27.6M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.1470−0.005%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.1602+0.139%$308K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h9.1486+0.012%$32K3xas long as short
dYdX UNI-USD+0.0187%1h9.1485+0.011%$245K$24K10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0206%1h9.1545+0.076%$592K$185K50xas long as short
BloFin UNI-USDT+0.0220%8h9.1460−0.016%$10.6M$3.6M75xas long as short
Coinbase International UNI-PERP-INTX+0.0272%1h9.1630+0.169%$1.1M$4.9M50xas long as short
Reya UNIRUSDPERP+0.0367%1h9.1500+0.028%$17K20xas long as short
GMX UNI/USD [UNI-USDC]shortL +0.0381% / S −0.0323%1h9.1504+0.032%$579K120x
Kraken Futures PF_UNIUSD+0.0384%1h9.1535+0.066%$5.1M$7.1M50xas long as short
Hyperliquid UNI+0.0544%1h9.1863+0.424%$101.3M$60.0M10xas long as short
Lighter UNI+0.0944%1h9.1684+0.228%$4.7M$5.3M15xas long as short
Aftermath Perps UNIUSD+0.1040%1h9.1772+0.325%$1K$49K10xas long as short