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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Orderly−0.124%7-day average +0.011% · 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 7 days−0.028%−$3 on $10k
Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.124%, 7d avg +0.011%
Together, before fees−0.115%+ Points / potential airdropGRVT: Active · farm board−$12 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: GRVT is 0.136% cheaper against Orderly than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_UNI_USDC8.85900.0100pay 0.0100% / 8h58m 49s$16K$2.0M10x
ShortGRVT UNI_USDT_Perp8.84800.0100get 0.0100% / 8h58m 49s$619K$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Orderly. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.124% → +0.011%
−$13.55
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$28.55
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 5 min ago. 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 Orderly no order-book sample
Sell GRVT live order book, 5 min ago1.13 bp13.2 bp −$1318.4 bp −$184doesn't fitdoesn't fit
Orderly: 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
Nado UNI-PERP−0.0317%1h8.8585−0.006%$736K$4.7M10xas long as short
Kraken Futures PF_UNIUSD−0.0307%1h8.8617+0.031%$4.7M$8.6M50xas long as short
Polymarket Perps UNI-USD−0.0071%1h8.8580−0.011%$106K$616K10xas long as short
01 Exchange UNIUSD−0.0024%1h8.8650+0.068%$442$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8597+0.008%$49K150xas long as short
Deribit UNI_USDC-PERPETUAL+0.0005%1h8.8624+0.038%$584K$250K50xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.327%$660$153K12xas long as short
Lighter UNI+0.0096%1h8.8671+0.091%$4.4M$5.5M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8657+0.076%$25K20xas long as short
Hyperliquid UNI+0.0100%1h8.8659+0.078%$94.3M$67.7M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster UNIUSDT+0.0100%8h8.8592+0.002%$725K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.8690+0.113%$284K$590K10xas long as short
Binance UNIUSDT+0.0100%8h8.8514−0.085%$213.9M$657.6M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8490−0.113%$98.0M$111.4M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8480−0.124%$53.9M$263.7M50xas long as short
Arcus UNI-USD+0.0100%1h8.8680+0.102%$316K$695K10xas long as short
Gate UNI_USDT+0.0100%8h8.8540−0.056%$25.2M$65.6M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8550−0.045%$48.3M$26.0M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8570−0.023%$13.0M$13.4M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8500−0.102%$32.5M$45.4M75xas long as short
BingX UNI-USDT+0.0100%8h8.8530−0.068%$57.1Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8610+0.023%$1.1M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8510−0.091%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.8559−0.035%$168K$347K20xas long as short
GRVT UNI_USDT_Perpshort+0.0100%8h8.8480−0.124%$619K$2.7M10x
ApeX Omni UNIUSDT+0.0100%1h8.8620+0.034%$89K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.8720+0.147%$15K$3.4M20xas long as short
Orderly PERP_UNI_USDClong+0.0100%8h8.8590long leg$16K$2.0M10x
SunX UNI-USDT+0.0100%8h8.8710+0.135%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8560−0.034%$32K$887K10xas long as short
HTX UNI-USDT+0.0100%8h8.8677+0.098%$694K$4.8M75xas long as short
Phemex UNIUSDT+0.0100%8h8.85900.000%$26.7M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8501−0.101%$289K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8565−0.028%$31K3xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8710+0.135%$924K$5.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8580−0.011%$10.0M$3.6M75xas long as short
Reya UNIRUSDPERP+0.0380%1h8.8547−0.048%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8594+0.005%$630K120xas long as short
dYdX UNI-USD+0.0389%1h8.8654+0.072%$233K$30K10xas long as short
Aftermath Perps UNIUSD+0.0506%1h8.8701+0.125%$947$53K10xas long as short