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 Pacifica−1.499%7-day average +0.247% · 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−0.533%−$53 on $10k
Price spread, last 3 days (all we have)+1.573%+$157 · spread now −1.499%, 7d avg +0.247%
Together, before fees+1.040%+ Points / potential airdropPacifica: Active · farm board+$104 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 1.746% cheaper against Pacifica than usual: you would sell low and buy high (−$175 if the spread goes back to its 7-day average of +0.247%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica UNI8.96440.0100pay 0.0013% / 1h10m 30s$297K$591K10x
ShortInjective UNI/USDC PERP8.8300−0.0049pay 0.0006% / 1h10m 30s$660$155K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Pacifica. 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: −1.499% → +0.247%
−$174.63
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$214.04
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 3 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 Pacifica live order book, 3 min ago1.67 bp7.8 bp −$8doesn't fitdoesn'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%1h8.8300−1.499%$660$155K12x
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9645+0.001%$62K150xas long as short
Deribit UNI_USDC-PERPETUAL+0.0026%1h8.9535−0.121%$576K$176K50xas long as short
Variational Omni UNI+0.0082%8h8.9422−0.247%$4.1M$4.4Mas long as short
OKX UNI-USDT-SWAP+0.0088%8h8.9680+0.041%$54.7M$249.2M50xas long as short
Nado UNI-PERP+0.0100%1h8.9642−0.001%$956K$4.2M10xas long as short
Aster UNIUSDT+0.0100%8h8.9643−0.001%$1.0M$3.3M50xas long as short
Pacifica UNIlong+0.0100%1h8.9644long leg$297K$591K10x
Binance UNIUSDT+0.0100%8h8.9740+0.108%$222.4M$591.2M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9690+0.052%$101.5M$105.3M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h8.9820+0.197%$270K$614K10xas long as short
Gate UNI_USDT+0.0100%8h8.9730+0.096%$22.8M$59.2M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9660+0.018%$43.7M$24.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9730+0.096%$13.6M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9640−0.004%$32.8M$42.0M75xas long as short
BingX UNI-USDT+0.0100%8h8.9620−0.026%$52.0Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9527−0.130%$1.1M$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h8.9828+0.205%$169K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9580−0.071%$630K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9890+0.275%$88K$710K50xas long as short
StandX UNI-USD+0.0100%1h8.9520−0.138%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9742+0.110%$85K$366K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9490−0.171%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9590−0.060%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9490−0.171%$21K$676K10xas long as short
HTX UNI-USDT+0.0100%8h8.9640−0.004%$717K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9510−0.149%$27.0M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9670+0.029%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9685+0.046%$302K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9524−0.134%$32K$1K3xas long as short
01 Exchange UNIUSD+0.0168%1h8.9776+0.148%$44810xas long as short
BloFin UNI-USDT+0.0220%8h8.9480−0.183%$10.0M$3.5M75xas long as short
Coinbase International UNI-PERP-INTX+0.0232%1h8.9590−0.060%$1.1M$5.4M50xas long as short
dYdX UNI-USD+0.0318%1h8.9627−0.018%$248K$6K10xas long as short
Reya UNIRUSDPERP+0.0365%1h8.9616−0.030%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0323%1h8.9617−0.030%$567K120xas long as short
Hyperliquid UNI+0.0470%1h8.9744+0.112%$98.3M$59.6M10xas long as short
Kraken Futures PF_UNIUSD+0.0565%1h8.9544−0.111%$5.0M$7.0M50xas long as short
Aftermath Perps UNIUSD+0.0864%1h8.9773+0.144%$1K$49K10xas long as short
Lighter UNI+0.0904%1h8.9811+0.187%$4.6M$5.3M15xas long as short