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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0207%/8h= +22.7% APRnext payment +$2.07 per $10,000 · paid last 24h +0.013%
Price spread now: OKX against Variational Omni+0.289%7-day average +0.012% · 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 3 days (all we have)+0.022%+$2 on $10k
Price spread, last 7 days−0.248%−$25 · spread now +0.289%, 7d avg +0.012%
Together, before fees−0.226%+ Points / potential airdropVariational Omni: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and OKX is 0.277% dearer against Variational Omni than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.012%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.022% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni UNI8.7965−0.0200get 0.0200% / 8h2h 48m$3.9M$4.6M
ShortOKX UNI-USDT-SWAP8.82200.0007get 0.0007% / 8h2h 48m$54.3M$244.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$43.55
Price spread: +0.289% → +0.012%
$27.74
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
$61.3
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; OKX: live order book, 1 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 Variational Omni RFQ quote, 1 min ago3.28 bpdoesn't fit12.6 bp −$126doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.57 bp6.0 bp −$613.3 bp −$13386.7 bp −$8,673doesn'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
Variational Omni UNIlong−0.0200%8h8.7965long leg$3.9M$4.6M
Bybit UNIUSDT−0.0188%8h8.8210+0.278%$102.7M$103.8M75xas long as short
01 Exchange UNIUSD−0.0040%1h8.8176+0.239%$44010xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.8307+0.388%$551K$125K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.8197+0.264%$79K150xas long as short
OKX UNI-USDT-SWAPshort+0.0007%8h8.8220+0.289%$54.3M$244.7M50x
Paradex UNI-USD-PERP+0.0100%8h8.8155+0.216%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8092+0.144%$848K$3.9M10xas long as short
Aster UNIUSDT+0.0100%8h8.8283+0.361%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.8155+0.215%$296K$559K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8240+0.312%$216.1M$593.3M75xas long as short
Arcus UNI-USD+0.0100%1h8.8230+0.301%$272K$605K10xas long as short
Gate UNI_USDT+0.0100%8h8.8200+0.267%$22.9M$58.9M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8190+0.255%$42.7M$24.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8250+0.323%$13.7M$13.6M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8220+0.289%$32.0M$40.9M75xas long as short
BingX UNI-USDT+0.0100%8h8.8200+0.267%$49.8Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8258+0.333%$977K$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h8.8216+0.285%$166K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8123+0.179%$618K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8070+0.119%$83K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.8130+0.187%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8150+0.210%$86K$324K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8210+0.278%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8187+0.252%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8231+0.302%$28K$659K10xas long as short
HTX UNI-USDT+0.0100%8h8.8420+0.517%$722K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8190+0.255%$26.6M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8210+0.278%$307K$1.4M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8262+0.337%$31K$1K3xas long as short
dYdX UNI-USD+0.0168%1h8.8150+0.210%$244K$5K10xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8290+0.369%$1.0M$5.3M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8060+0.107%$9.8M$3.3M75xas long as short
Kraken Futures PF_UNIUSD+0.0269%1h8.8302+0.383%$4.9M$7.1M50xas long as short
Hyperliquid UNI+0.0354%1h8.8346+0.433%$95.9M$59.7M10xas long as short
Reya UNIRUSDPERP+0.0359%1h8.8099+0.152%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0380% / S −0.0320%1h8.8188+0.253%$553K120xas long as short
Lighter UNI+0.0424%1h8.8400+0.494%$4.5M$5.3M15xas long as short
Aftermath Perps UNIUSD+0.0477%1h8.8171+0.234%$1K$50K10xas long as short
Injective UNI/USDC PERP+0.2702%1h8.7900−0.074%$657$97K12xas long as short