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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h 0.000%
Price spread now: Backpack against 01 Exchange+0.524%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Backpack is 0.524% dearer against 01 Exchange than usual: you sell high and buy low: +$52 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange UNIUSD9.02850.0056pay 0.0007% / 1h31m 43s$451$510x
ShortBackpack UNI_USDC_PERP9.07580.0100get 0.0013% / 1h31m 43s$1.0M$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against 01 Exchange. 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
$9.24
Price spread: +0.524% → 0.000%
$52.39
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Backpack: 5 bp × 2 orders
−$10
Net
$44.63
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Backpack: live order book, 2 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 01 Exchange no order-book sample
Sell Backpack live order book, 2 min ago0.05 bp5.7 bp −$6419.6 bp −$4,196doesn't fitdoesn't fit
01 Exchange: 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
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.0597+0.346%$37K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−2.199%$660$154K12xas long as short
01 Exchange UNIUSDlong+0.0056%1h9.0285long leg$451$510x
Nado UNI-PERP+0.0100%1h9.0430+0.161%$895K$4.4M10xas long as short
Aster UNIUSDT+0.0100%8h9.0719+0.480%$841K$3.5M50xas long as short
Pacifica UNI+0.0100%1h9.0352+0.075%$293K$593K10xas long as short
Binance UNIUSDT+0.0100%8h9.0600+0.349%$222.6M$636.4M75xas long as short
Bybit UNIUSDT+0.0100%8h9.0570+0.316%$101.6M$110.9M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.0580+0.327%$55.0M$260.2M50xas long as short
Arcus UNI-USD+0.0100%1h9.0300+0.017%$312K$651K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h9.0620+0.371%$23.6M$63.4M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0700+0.460%$48.0M$25.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0700+0.460%$13.6M$13.2M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0610+0.360%$33.5M$44.8M75xas long as short
BingX UNI-USDC+0.0100%8h9.0630+0.382%$6.5Mas long as short
Backpack UNI_USDC_PERPshort+0.0100%1h9.0758+0.524%$1.0M$2.3M10x
Variational Omni UNI+0.0100%8h8.9859−0.472%$4.2M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.9922−0.402%$170K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9959−0.361%$633K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9930−0.393%$88K$696K50xas long as short
StandX UNI-USD+0.0100%1h8.9920−0.404%$16K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0480+0.216%$87K$424K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0560+0.305%$16K$1.5M10xas long as short
SunX UNI-USDT+0.0100%8h9.0400+0.127%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.0580+0.327%$22K$789K10xas long as short
HTX UNI-USDT+0.0100%8h9.0580+0.327%$714K$4.6M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0590+0.338%$27.4M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0305+0.022%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.0668+0.425%$293K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0574+0.320%$32K3xas long as short
dYdX UNI-USD+0.0105%1h9.0612+0.362%$239K$30K10xas long as short
Lighter UNI+0.0216%1h9.0697+0.456%$4.6M$5.8M15xas long as short
BloFin UNI-USDT+0.0220%8h9.0370+0.094%$10.3M$3.6M75xas long as short
Coinbase International UNI-PERP-INTX+0.0248%1h9.0560+0.305%$1.1M$5.7M50xas long as short
Kraken Futures PF_UNIUSD+0.0270%1h9.0646+0.400%$5.0M$7.9M50xas long as short
Deribit UNI_USDC-PERPETUAL+0.0309%1h9.0619+0.369%$581K$193K50xas long as short
Reya UNIRUSDPERP+0.0372%1h9.0482+0.218%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0603+0.352%$644K120xas long as short
Hyperliquid UNI+0.0410%1h9.0732+0.495%$98.3M$62.4M10xas long as short
Aftermath Perps UNIUSD+0.1023%1h9.0358+0.081%$1K$46K10xas long as short