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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Polymarket Perps against Orderly+0.038%7-day average +0.018% · 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 7 days−0.079%−$8 on $10k
Price spread, last 3 days (all we have)−0.342%−$34 · spread now +0.038%, 7d avg +0.018%
Together, before fees−0.421%−$42 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: Polymarket Perps is 0.020% dearer against Orderly than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_UNI_USDC8.83500.0100pay 0.0100% / 8h2h 36m$16K$1.7M10x
ShortPolymarket Perps UNI-USD8.83840.0100get 0.0013% / 1h36m 27s$87K$323K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Orderly. 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
$0
Price spread: +0.038% → +0.018%
$2.03
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$11.97
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Polymarket Perps: live order book, 50 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 Polymarket Perps live order book, 50 min ago1.92 bp5.9 bp −$67.0 bp −$70doesn'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
Variational Omni UNI−0.0193%8h8.8610+0.295%$3.9M$4.6Mas long as short
Bybit UNIUSDT−0.0162%8h8.8330−0.023%$102.1M$104.4M75xas long as short
01 Exchange UNIUSD−0.0008%1h8.8405+0.062%$44110xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.8392+0.048%$80K150xas long as short
OKX UNI-USDT-SWAP+0.0013%8h8.83500.000%$54.3M$245.1M50xas long as short
Deribit UNI_USDC-PERPETUAL+0.0024%1h8.8585+0.266%$553K$125K50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8283−0.076%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8287−0.071%$853K$3.9M10xas long as short
Aster UNIUSDT+0.0100%8h8.8350+0.001%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.8330−0.023%$295K$561K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8365+0.017%$216.2M$593.5M75xas long as short
Arcus UNI-USD+0.0100%1h8.8390+0.045%$272K$612K10xas long as short
Gate UNI_USDT+0.0100%8h8.83500.000%$22.9M$59.0M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8360+0.011%$42.7M$24.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.83500.000%$13.8M$13.7M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8320−0.034%$31.9M$41.0M75xas long as short
BingX UNI-USDC+0.0100%8h8.83500.000%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8533+0.207%$983K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.83500.000%$166K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8604+0.288%$625K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8660+0.351%$84K$711K50xas long as short
StandX UNI-USD+0.0100%1h8.8490+0.158%$105K$3.2M20xas long as short
Polymarket Perps UNI-USDshort+0.0100%1h8.8384+0.038%$87K$323K10x
Orderly PERP_UNI_USDClong+0.0100%8h8.8350long leg$16K$1.7M10x
SunX UNI-USDT+0.0100%8h8.8445+0.108%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8478+0.145%$25K$661K10xas long as short
HTX UNI-USDT+0.0100%8h8.8600+0.283%$723K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8510+0.181%$26.7M$4.3M50xas long as short
Extended UNI-USD+0.0104%1h8.8276−0.084%$298K$1.4M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8531+0.205%$31K$1K3xas long as short
dYdX UNI-USD+0.0113%1h8.8356+0.007%$245K$5K10xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8540+0.215%$1.0M$5.3M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8520+0.192%$9.8M$3.3M75xas long as short
Kraken Futures PF_UNIUSD+0.0269%1h8.8549+0.225%$4.9M$7.1M50xas long as short
Hyperliquid UNI+0.0329%1h8.8465+0.130%$96.2M$59.8M10xas long as short
Reya UNIRUSDPERP+0.0360%1h8.8349−0.001%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0320%1h8.8385+0.040%$554K120xas long as short
Aftermath Perps UNIUSD+0.0462%1h8.8443+0.105%$1K$50K10xas long as short
Lighter UNI+0.0528%1h8.8490+0.158%$4.5M$5.4M15xas long as short
Injective UNI/USDC PERP+0.2702%1h8.7900−0.509%$657$97K12xas long as short