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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.01 per $10,000 · paid last 24h +0.192%
Price spread now: Lighter against SoDEX+0.149%7-day average +0.164% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$340.340% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.286%+$29 on $10k
Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.149%, 7d avg +0.164%
Together, before fees+0.045%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.164%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX UNI-USD9.04600.0100pay 0.0013% / 1h53m 11s$22K$793K10x
ShortLighter UNI9.05950.0112get 0.0014% / 1h53m 11s$4.6M$5.8M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SoDEX. 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
$2.52
Price spread: +0.149% → +0.164%
−$1.53
Slippage, 4 orders
−$26.03
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$33.03
Costs to cover
0.340%
Break-even
98.8 days
Slippage from SoDEX: live order book, 1 min ago; Lighter: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX live order book, 1 min ago0.55 bp10.8 bp −$1127.8 bp −$278doesn't fitdoesn't fit
Sell Lighter live order book, 5 min ago1.32 bp8.5 bp −$817.8 bp −$178119.5 bp −$11.9Kdoesn't fit

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
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.0476+0.018%$37K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−2.388%$660$154K12xas long as short
01 Exchange UNIUSD+0.0072%1h9.0461+0.001%$451$510xas long as short
Nado UNI-PERP+0.0100%1h9.0415−0.050%$968K$4.4M10xas long as short
Hyperliquid UNI+0.0100%1h9.0590+0.144%$98.0M$62.0M10xas long as short
Aster UNIUSDT+0.0100%8h9.0500+0.044%$814K$3.5M50xas long as short
Pacifica UNI+0.0100%1h9.0479+0.021%$292K$602K10xas long as short
Binance UNIUSDT+0.0100%8h9.0445−0.017%$222.3M$640.7M75xas long as short
Bybit UNIUSDT+0.0100%8h9.0420−0.044%$101.7M$111.5M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.0410−0.055%$55.0M$261.5M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h9.0540+0.088%$316K$653K10xas long as short
Gate UNI_USDT+0.0100%8h9.0440−0.022%$23.7M$63.2M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0450−0.011%$47.7M$25.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0450−0.011%$13.5M$13.2M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0430−0.033%$33.3M$45.2M75xas long as short
BingX UNI-USDC+0.0100%8h9.0400−0.066%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0487+0.030%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h9.0369−0.100%$4.2M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h9.0450−0.011%$170K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0442−0.020%$640K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0480+0.022%$95K$701K50xas long as short
StandX UNI-USD+0.0100%1h9.0490+0.033%$15K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0502+0.046%$86K$431K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0440−0.022%$16K$1.5M10xas long as short
SunX UNI-USDT+0.0100%8h9.0506+0.051%$37K$1.3M30xas long as short
SoDEX UNI-USDlong+0.0100%1h9.0460long leg$22K$793K10x
HTX UNI-USDT+0.0100%8h9.0558+0.108%$724K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0450−0.011%$27.4M$4.4M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0411−0.054%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.0390−0.078%$292K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0455−0.005%$32K3xas long as short
Lighter UNIshort+0.0112%1h9.0595+0.149%$4.6M$5.8M15x
Deribit UNI_USDC-PERPETUAL+0.0202%1h9.0502+0.046%$580K$207K50xas long as short
Coinbase International UNI-PERP-INTX+0.0216%1h9.0490+0.033%$947K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h9.0420−0.044%$10.2M$3.6M75xas long as short
Kraken Futures PF_UNIUSD+0.0269%1h9.0517+0.063%$5.0M$8.0M50xas long as short
dYdX UNI-USD+0.0340%1h9.0437−0.025%$238K$30K10xas long as short
Reya UNIRUSDPERP+0.0374%1h9.0467+0.008%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0458−0.003%$644K120xas long as short
Aftermath Perps UNIUSD+0.0881%1h9.0596+0.150%$990$46K10xas long as short