Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Orderly against SoDEX0.000%7-day average +0.003% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.004%$0 on $10k

Price spread, last 3 days (all we have)+0.003%$0 · spread now 0.000%, 7d avg +0.003%

Together, before fees−0.001%$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX UNI-USD	8.9950	0.0100	pay 0.0013% / 1h	59m 24s	$21K	$679K	10x
Short	Orderly PERP_UNI_USDC	8.9950	0.0100	get 0.0100% / 8h	7h 59m	$16K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee SoDEXbpFee OrderlybpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.003%: −$0.34
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$14.34
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: SoDEX: live order book, 14 min ago; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SoDEX live order book, 14 min ago	0.56 bp	9.3 bp −$9	28.7 bp −$287	138.8 bp −$13.9K	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9929	−0.023%	$62K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.834%	$660	$154K	12x	as long as short
OKX UNI-USDT-SWAP	+0.0087%	8h	8.9930	−0.022%	$54.9M	$249.6M	50x	as long as short
Variational Omni UNI	+0.0090%	8h	9.0023	+0.081%	$4.1M	$4.4M	—	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9775	−0.195%	$945K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9948	−0.002%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9897	−0.059%	$299K	$591K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9950	0.000%	$222.6M	$592.1M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9930	−0.022%	$101.6M	$105.8M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9910	−0.044%	$270K	$614K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	8.9900	−0.056%	$22.9M	$57.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9910	−0.044%	$44.0M	$23.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9900	−0.056%	$13.6M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9960	+0.011%	$32.9M	$42.1M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9900	−0.056%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0033	+0.092%	$1.1M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9998	+0.053%	$169K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0010	+0.067%	$626K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0080	+0.145%	$88K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0040	+0.100%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9914	−0.040%	$85K	$367K	10x	as long as short
Orderly PERP_UNI_USDCshort	+0.0100%	8h	8.9950	0.000%	$16K	$1.7M	10x
SunX UNI-USDT	+0.0100%	8h	8.9911	−0.043%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USDlong	+0.0100%	1h	8.9950	long leg	$21K	$679K	10x
HTX UNI-USDT	+0.0100%	8h	9.0090	+0.156%	$722K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0040	+0.100%	$27.2M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9862	−0.098%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9917	−0.036%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9990	+0.045%	$32K	—	3x	as long as short
01 Exchange UNIUSD	+0.0128%	1h	8.9876	−0.082%	$448	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0142%	1h	9.0012	+0.069%	$580K	$177K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0070	+0.133%	$10.0M	$3.5M	75x	as long as short
Hyperliquid UNI	+0.0255%	1h	8.9992	+0.047%	$98.5M	$59.7M	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	8.9960	+0.011%	$1.1M	$5.4M	50x	as long as short
dYdX UNI-USD	+0.0274%	1h	8.9897	−0.058%	$249K	$6K	10x	as long as short
Reya UNIRUSDPERP	+0.0365%	1h	8.9849	−0.112%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	8.9925	−0.027%	$569K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0390%	1h	9.0032	+0.091%	$5.0M	$7.0M	50x	as long as short
Lighter UNI	+0.0880%	1h	9.0026	+0.084%	$4.6M	$5.2M	15x	as long as short
Aftermath Perps UNIUSD	+0.0881%	1h	8.9910	−0.044%	$1K	$49K	10x	as long as short