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

UNI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Backpack against Paradex+0.070%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.070% dearer against Paradex than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex UNI-USD-PERP9.01920.0100pay 0.0100% / 8h6h 32m$26K20x
ShortBackpack UNI_USDC_PERP9.02550.0100get 0.0013% / 1h32m 14s$987K$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against Paradex. 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
−$0.01
Price spread: +0.070% → 0.000%
$6.96
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$7.04
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Backpack: live order book, 2 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 Paradex no order-book sample
Sell Backpack live order book, 2 min ago0.06 bp6.8 bp −$7651.9 bp −$6,519doesn't fitdoesn't fit
Paradex: 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 39 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
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.0297+0.117%$19K150xas long as short
01 Exchange UNIUSD+0.0024%1h9.0310+0.131%$45110xas long as short
dYdX UNI-USD+0.0024%1h9.0226+0.037%$238K$30K10xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−2.098%$660$154K12xas long as short
Nado UNI-PERP+0.0100%1h9.0300+0.120%$932K$4.3M10xas long as short
Hyperliquid UNI+0.0100%1h9.0305+0.126%$98.0M$60.1M10xas long as short
Aster UNIUSDT+0.0100%8h9.0336+0.159%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.0231+0.043%$295K$580K10xas long as short
Binance UNIUSDT+0.0100%8h9.0228+0.040%$225.1M$612.6M75xas long as short
Bybit UNIUSDT+0.0100%8h9.0180−0.014%$100.9M$107.6M75xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX UNI-USDT-SWAP+0.0100%8h9.0170−0.025%$55.6M$254.1M50xas long as short
Arcus UNI-USD+0.0100%1h9.0290+0.108%$286K$633K10xas long as short
Gate UNI_USDT+0.0100%8h9.0210+0.020%$23.1M$58.4M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0230+0.042%$49.4M$26.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0260+0.075%$13.4M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0150−0.047%$33.0M$42.9M75xas long as short
BingX UNI-USDT+0.0100%8h9.0180−0.014%$57.3Mas long as short
Backpack UNI_USDC_PERPshort+0.0100%1h9.0255+0.070%$987K$2.4M10x
Variational Omni UNI+0.0100%8h8.9961−0.256%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.9955−0.263%$169K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0031−0.178%$631K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0020−0.191%$88K$706K50xas long as short
StandX UNI-USD+0.0100%1h8.9840−0.391%$55K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0352+0.177%$86K$410K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0270+0.086%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.0320+0.142%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.0232+0.044%$22K$715K10xas long as short
HTX UNI-USDT+0.0100%8h9.0400+0.230%$719K$4.2M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0240+0.053%$27.2M$4.5M50xas long as short
Paradex UNI-USD-PERPlong+0.0100%8h9.0192long leg$26K20x
Extended UNI-USD+0.0104%1h9.01920.000%$300K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0284+0.102%$32K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0256%1h9.0315+0.137%$586K$201K50xas long as short
Coinbase International UNI-PERP-INTX+0.0312%1h9.0390+0.219%$1.1M$4.7M50xas long as short
Reya UNIRUSDPERP+0.0368%1h9.0288+0.106%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0286+0.104%$643K120xas long as short
Lighter UNI+0.0408%1h9.0384+0.213%$4.6M$5.3M15xas long as short
Kraken Futures PF_UNIUSD+0.0425%1h9.0276+0.092%$5.0M$6.9M50xas long as short
Aftermath Perps UNIUSD+0.0954%1h8.9954−0.265%$1K$48K10xas long as short