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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0468%/8h= +51.3% APRpaid last 24h +0.163%
Price spread now: Lighter against Paradex+0.259%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 · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Lighter is 0.259% dearer against Paradex than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex UNI-USD-PERP8.94580.0100pay 0.0100% / 8h2h 26m$26K20x
ShortLighter UNI8.96900.0568get 0.0071% / 1h26m 08s$4.6M$5.4M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$98.29
Price spread: +0.259% → 0.000%
$25.93
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Lighter: 0 bp × 2 orders
$0
Net
$120.22
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 7 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 Lighter live order book, 7 min ago0.79 bp1.7 bp −$27.0 bp −$7086.2 bp −$8,617doesn'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 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−0.0175%8h8.9141−0.354%$3.9M$4.6Mas long as short
Bybit UNIUSDT−0.0128%8h8.9500+0.047%$102.2M$105.9M75xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.9577+0.133%$566K$138K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.9510+0.058%$81K150xas long as short
01 Exchange UNIUSD+0.0016%1h8.9504+0.051%$44710xas long as short
OKX UNI-USDT-SWAP+0.0019%8h8.9490+0.036%$55.1M$249.3M50xas long as short
dYdX UNI-USD+0.0079%1h8.9582+0.139%$248K$5K10xas long as short
Paradex UNI-USD-PERPlong+0.0100%8h8.9458long leg$26K20x
Nado UNI-PERP+0.0100%1h8.9495+0.041%$870K$4.0M10xas long as short
Aster UNIUSDT+0.0100%8h8.9520+0.069%$1.0M$3.4M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.9588+0.146%$303K$564K10xas long as short
Binance UNIUSDT+0.0100%8h8.9520+0.069%$218.8M$595.0M75xas long as short
Arcus UNI-USD+0.0100%1h8.9540+0.092%$276K$611K10xas long as short
Gate UNI_USDT+0.0100%8h8.9520+0.069%$23.2M$59.3M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9520+0.069%$43.6M$24.7M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9520+0.069%$13.9M$13.7M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9490+0.036%$32.4M$41.5M75xas long as short
BingX UNI-USDC+0.0100%8h8.9500+0.047%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9568+0.123%$993K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.8913−0.609%$167K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9116−0.383%$625K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9180−0.311%$84K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.9230−0.255%$106K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9468+0.011%$94K$331K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9520+0.069%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9550+0.103%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9518+0.067%$25K$666K10xas long as short
HTX UNI-USDT+0.0100%8h8.9642+0.206%$731K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9500+0.047%$27.0M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.9487+0.033%$308K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9532+0.083%$32K$1K3xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.9610+0.170%$1.0M$5.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9400−0.065%$9.8M$3.4M75xas long as short
Kraken Futures PF_UNIUSD+0.0266%1h8.9566+0.120%$5.0M$7.1M50xas long as short
Hyperliquid UNI+0.0307%1h8.9633+0.196%$97.5M$60.0M10xas long as short
Reya UNIRUSDPERP+0.0360%1h8.9419−0.044%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0320%1h8.9516+0.065%$561K120xas long as short
Aftermath Perps UNIUSD+0.0518%1h8.9133−0.364%$1K$50K10xas long as short
Lighter UNIshort+0.0568%1h8.9690+0.259%$4.6M$5.4M15x
Injective UNI/USDC PERP+0.2702%1h8.7900−1.742%$657$97K12xas long as short