Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: StandX against Nado−0.226%7-day average +0.044% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$520.524% of the position

Long on Nado Short on StandX

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+0.228%+$23 · spread now −0.226%, 7d avg +0.044%

Together, before fees+0.232%+ Points / potential airdropNado: Active · StandX: Active · farm board+$23 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 0.271% cheaper against Nado than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado UNI-PERP	9.0545	0.0100	pay 0.0012% / 1h	54m 55s	$969K	$4.4M	10x
Short	StandX UNI-USD	9.0340	0.0100	get 0.0013% / 1h	54m 55s	$15K	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.226%Rate

Funding earned: $0
Price spread: −0.226% → +0.044%: −$27.06
Slippage, 4 orders: −$37.39
Fee Nado: 3.5 bp × 2 orders: −$7
Fee StandX: 4 bp × 2 orders: −$8
Net: −$79.45
Costs to cover: 0.524%
Break-even: 8162206175334892.0 days

Slippage from Nado: live order book, 4 min ago; StandX: live order book, 4 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, 4 min ago	0.72 bp	6.0 bp −$6	13.5 bp −$135	doesn't fit	doesn't fit
Sell StandX live order book, 4 min ago	6.61 bp	28.7 bp −$29	56.8 bp −$568	doesn't fit	doesn't fit

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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0597	+0.058%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.479%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0080%	1h	9.0469	−0.084%	$451	$5	10x	as long as short
Nado UNI-PERPlong	+0.0100%	1h	9.0545	long leg	$969K	$4.4M	10x
Hyperliquid UNI	+0.0100%	1h	9.0731	+0.205%	$98.2M	$62.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0705	+0.177%	$816K	$3.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0452	−0.103%	$292K	$602K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0667	+0.135%	$222.8M	$640.7M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0630	+0.094%	$101.9M	$111.5M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0620	+0.083%	$55.2M	$262.2M	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	9.0550	+0.006%	$316K	$653K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0660	+0.127%	$23.7M	$63.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0660	+0.127%	$47.8M	$25.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0660	+0.127%	$13.5M	$13.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0600	+0.061%	$33.4M	$45.1M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0630	+0.094%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0740	+0.215%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0369	−0.194%	$4.2M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0508	−0.041%	$171K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0442	−0.114%	$640K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0510	−0.039%	$95K	$702K	50x	as long as short
StandX UNI-USDshort	+0.0100%	1h	9.0340	−0.226%	$15K	$3.4M	20x
Polymarket Perps UNI-USD	+0.0100%	1h	9.0554	+0.010%	$86K	$430K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0600	+0.061%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0645	+0.110%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0655	+0.121%	$22K	$793K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0760	+0.237%	$725K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0690	+0.160%	$27.4M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0337	−0.230%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0580	+0.038%	$292K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0611	+0.073%	$32K	—	3x	as long as short
Lighter UNI	+0.0112%	1h	9.0766	+0.244%	$4.6M	$5.8M	15x	as long as short
Coinbase International UNI-PERP-INTX	+0.0216%	1h	9.0610	+0.072%	$949K	$5.9M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0700	+0.171%	$10.3M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	9.0726	+0.200%	$5.0M	$8.0M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0309%	1h	9.0668	+0.136%	$581K	$208K	50x	as long as short
dYdX UNI-USD	+0.0343%	1h	9.0414	−0.145%	$238K	$30K	10x	as long as short
Reya UNIRUSDPERP	+0.0373%	1h	9.0555	+0.011%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0577	+0.035%	$644K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0890%	1h	9.0665	+0.133%	$991	$46K	10x	as long as short