Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%

Price spread now: Binance against Variational Omni+0.196%7-day average +0.038% · you sell dearer than you buy

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

Long on Variational Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.051%+$5 on $10k

Price spread, last 7 days−0.127%−$13 · spread now +0.196%, 7d avg +0.038%

Together, before fees−0.076%+ Points / potential airdropVariational Omni: Active · farm board−$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.158% dearer against Variational Omni than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni UNI	9.2000	0.0100	pay 0.0100% / 8h	7h 21m	$4.2M	$4.4M	—
Short	Binance UNIUSDT	9.2180	0.0100	get 0.0100% / 8h	7h 21m	$231.4M	$602.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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 Variational OmnibpFee BinancebpOrdersPrice spread, now +0.196%Rate

Funding earned: $0
Price spread: +0.196% → +0.038%: $15.8
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: $5.8
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Binance: live order book, 8 min ago. 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 Variational Omni RFQ quote, 3 min ago	3.24 bp	doesn't fit	21.2 bp −$212	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	0.54 bp	7.4 bp −$7	13.6 bp −$136	40.5 bp −$4,052	131.8 bp −$65.9K

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	9.2041	+0.044%	$39K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−4.022%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0080%	1h	9.2019	+0.021%	$459	—	10x	as long as short
dYdX UNI-USD	+0.0095%	1h	9.2195	+0.212%	$243K	$20K	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.2045	+0.049%	$1.0M	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.2109	+0.119%	$1.1M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.2173	+0.188%	$307K	$586K	10x	as long as short
Binance UNIUSDTshort	+0.0100%	8h	9.2180	+0.196%	$231.4M	$602.9M	75x
Bybit UNIUSDT	+0.0100%	8h	9.2140	+0.152%	$104.0M	$107.9M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.2140	+0.152%	$56.8M	$259.2M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.2230	+0.250%	$274K	$616K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.2060	+0.065%	$23.5M	$60.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.2080	+0.087%	$46.2M	$24.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.2080	+0.087%	$13.7M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.2160	+0.174%	$34.0M	$43.0M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.2070	+0.076%	—	$56.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.2067	+0.073%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNIlong	+0.0100%	8h	9.2000	long leg	$4.2M	$4.4M	—
edgeX UNIUSDC	+0.0100%	4h	9.2914	+0.994%	$175K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.2775	+0.843%	$648K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.2790	+0.859%	$91K	$707K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.2730	+0.794%	$51K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.2109	+0.119%	$85K	$384K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.2030	+0.033%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.2077	+0.084%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.2069	+0.075%	$22K	$717K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.2068	+0.074%	$727K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.2050	+0.055%	$27.7M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.2158	+0.172%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.2159	+0.173%	$312K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.2070	+0.076%	$33K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0124%	1h	9.2095	+0.103%	$595K	$184K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.2020	+0.022%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.2160	+0.174%	$1.1M	$4.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0366%	1h	9.1998	−0.002%	$17K	—	20x	as long as short
Kraken Futures PF_UNIUSD	+0.0381%	1h	9.2110	+0.120%	$5.1M	$7.1M	50x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	9.2015	+0.016%	$582K	—	120x	as long as short
Hyperliquid UNI	+0.0562%	1h	9.2192	+0.209%	$101.6M	$59.8M	10x	as long as short
Lighter UNI	+0.0968%	1h	9.2270	+0.294%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.1019%	1h	9.2509	+0.554%	$936	$49K	10x	as long as short