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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0149%/8h= −16.4% APRnext payment $0.19 per $10,000 · paid last 24h +0.172%
Price spread now: Injective against Nado−1.506%49s7-day average +0.305% · 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)+0.282%+$28 on $10k
Price spread, last 3 days (all we have)+1.630%+$163 · spread now −1.506%, 7d avg +0.305%
Together, before fees+1.912%+ Points / potential airdropNado: Active · farm board+$191 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Injective is 1.810% cheaper against Nado than usual: you would sell low and buy high (−$181 if the spread goes back to its 7-day average of +0.305%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.282%, so the current rate has only just turned against you. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado UNI-PERP8.96500.0100pay 0.0012% / 1h4m 39s$943K$4.2M10x
ShortInjective UNI/USDC PERP8.8300−0.0049pay 0.0006% / 1h4m 39s$660$155K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$31.39
Price spread: −1.506% → +0.305%
−$181.04
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$219.46
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 4 min ago; Injective: 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, 4 min ago0.34 bp4.5 bp −$412.8 bp −$128doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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
Injective UNI/USDC PERPshort−0.0049%1h8.8300−1.506%$660$155K12x
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9655+0.005%$62K150xas long as short
OKX UNI-USDT-SWAP+0.0086%8h8.9630−0.022%$54.9M$249.0M50xas long as short
Variational Omni UNI+0.0087%8h8.9503−0.164%$4.1M$4.4Mas long as short
Nado UNI-PERPlong+0.0100%1h8.9650long leg$943K$4.2M10x
Aster UNIUSDT+0.0100%8h8.9806+0.175%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9804+0.172%$297K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.9810+0.178%$222.3M$591.4M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9770+0.134%$101.5M$105.6M75xas long as short
Arcus UNI-USD+0.0100%1h8.9880+0.257%$270K$614K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h8.9780+0.145%$22.9M$59.3M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9790+0.156%$43.9M$24.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9810+0.178%$13.6M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9800+0.167%$32.8M$42.1M75xas long as short
BingX UNI-USDC+0.0100%8h8.9780+0.145%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9713+0.070%$1.1M$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h8.9500−0.168%$168K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9730+0.090%$624K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9490−0.178%$88K$708K50xas long as short
StandX UNI-USD+0.0100%1h8.9580−0.078%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9628−0.025%$85K$366K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.96500.000%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9730+0.089%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9660+0.011%$21K$676K10xas long as short
HTX UNI-USDT+0.0100%8h8.9597−0.059%$717K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9660+0.011%$27.1M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9784+0.150%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9742+0.103%$301K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9684+0.038%$32K$1K3xas long as short
01 Exchange UNIUSD+0.0160%1h8.9827+0.197%$44810xas long as short
BloFin UNI-USDT+0.0220%8h8.9540−0.123%$10.0M$3.5M75xas long as short
Coinbase International UNI-PERP-INTX+0.0232%1h8.9660+0.011%$1.1M$5.4M50xas long as short
dYdX UNI-USD+0.0299%1h8.9830+0.201%$249K$6K10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0339%1h8.9733+0.093%$578K$177K50xas long as short
Reya UNIRUSDPERP+0.0365%1h8.9584−0.073%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0323%1h8.9640−0.011%$567K120xas long as short
Hyperliquid UNI+0.0432%1h8.9882+0.259%$98.3M$59.6M10xas long as short
Kraken Futures PF_UNIUSD+0.0564%1h8.9715+0.073%$5.0M$7.0M50xas long as short
Aftermath Perps UNIUSD+0.0871%1h8.9695+0.051%$1K$49K10xas long as short
Lighter UNI+0.0904%1h8.9982+0.370%$4.6M$5.3M15xas long as short