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+0.0344%/8h= +37.7% APRnext payment +$0.43 per $10,000 · paid last 24h +0.189%
Price spread now: Lighter against 01 Exchange+0.137%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 fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Lighter is 0.137% dearer against 01 Exchange than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange UNIUSD9.10330.0056pay 0.0007% / 1h52m 21s$454$510x
ShortLighter UNI9.11580.0400get 0.0050% / 1h52m 21s$4.6M$5.8M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$72.24
Price spread: +0.137% → 0.000%
$13.73
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
$78.97
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Lighter: live order book, 6 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 Lighter live order book, 6 min ago1.54 bp5.3 bp −$520.2 bp −$202129.3 bp −$12.9Kdoesn'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%1h9.0876−0.172%$37K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−3.002%$660$154K12xas long as short
01 Exchange UNIUSDlong+0.0056%1h9.1033long leg$454$510x
Nado UNI-PERP+0.0100%1h9.1027−0.006%$913K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.1090+0.063%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.1071+0.042%$297K$589K10xas long as short
Binance UNIUSDT+0.0100%8h9.0880−0.168%$224.9M$625.6M75xas long as short
Bybit UNIUSDT+0.0100%8h9.0820−0.234%$102.0M$110.5M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.0840−0.212%$55.8M$257.0M50xas long as short
Arcus UNI-USD+0.0100%1h9.1110+0.085%$289K$613K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h9.1070+0.041%$23.1M$62.0M75xas long as short
MEXC UNI_USDT+0.0100%8h9.1130+0.107%$48.8M$25.2M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.1130+0.107%$13.7M$13.1M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0800−0.256%$33.4M$43.9M75xas long as short
BingX UNI-USDC+0.0100%8h9.0900−0.146%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.1293+0.286%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h9.1490+0.502%$4.3M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h9.1329+0.325%$172K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.1208+0.192%$635K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0950−0.091%$89K$694K50xas long as short
StandX UNI-USD+0.0100%1h9.1110+0.085%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.1131+0.108%$87K$421K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0830−0.223%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.1196+0.179%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.1201+0.185%$22K$781K10xas long as short
HTX UNI-USDT+0.0100%8h9.1300+0.293%$717K$4.5M75xas long as short
Phemex UNIUSDT+0.0100%8h9.1210+0.194%$27.6M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0101%8h9.1026−0.008%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.0965−0.074%$301K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0825−0.228%$32K3xas long as short
dYdX UNI-USD+0.0161%1h9.1055+0.024%$240K$30K10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0172%1h9.1218+0.203%$584K$193K50xas long as short
BloFin UNI-USDT+0.0220%8h9.1200+0.183%$10.4M$3.6M75xas long as short
Coinbase International UNI-PERP-INTX+0.0248%1h9.1340+0.337%$1.1M$5.4M50xas long as short
Kraken Futures PF_UNIUSD+0.0268%1h9.1254+0.243%$5.1M$7.8M50xas long as short
Reya UNIRUSDPERP+0.0371%1h9.1107+0.081%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0867−0.182%$647K120xas long as short
Lighter UNIshort+0.0400%1h9.1158+0.137%$4.6M$5.8M15x
Hyperliquid UNI+0.0544%1h9.1242+0.230%$99.2M$61.4M10xas long as short
Aftermath Perps UNIUSD+0.1014%1h9.1233+0.220%$1K$46K10xas long as short