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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0552%/8h= +60.4% APRnext payment +$0.69 per $10,000 · paid last 24h +0.168%
Price spread now: Lighter against Aevo+0.191%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 5 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 +$17 a day on $10k at the current rate, and Lighter is 0.191% dearer against Aevo than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo UNI-PERP8.92950.0104pay 0.0013% / 1h7m 57s$32K$1K3x
ShortLighter UNI8.94650.0656get 0.0082% / 1h7m 57s$4.6M$5.2M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aevo. 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
$115.92
Price spread: +0.191% → 0.000%
$19.06
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Lighter: 0 bp × 2 orders
$0
Net
$118.98
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 5 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 Aevo no order-book sample
Sell Lighter live order book, 5 min ago1.79 bp7.9 bp −$820.7 bp −$207120.2 bp −$12.0Kdoesn't fit
Aevo: 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
Variational Omni UNI−0.0038%8h8.9363+0.076%$4.0M$4.6Mas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9283−0.013%$62K150xas long as short
Bybit UNIUSDT+0.0015%8h8.9260−0.039%$101.9M$104.8M75xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.114%$660$155K12xas long as short
OKX UNI-USDT-SWAP+0.0058%8h8.9260−0.039%$55.2M$246.6M50xas long as short
01 Exchange UNIUSD+0.0080%1h8.9335+0.045%$44610xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9265−0.034%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.9265−0.033%$943K$4.1M10xas long as short
Aster UNIUSDT+0.0100%8h8.9370+0.084%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9302+0.008%$297K$584K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9268−0.031%$219.6M$590.4M75xas long as short
Arcus UNI-USD+0.0100%1h8.9380+0.095%$275K$621K10xas long as short
Gate UNI_USDT+0.0100%8h8.9300+0.006%$23.0M$59.0M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9280−0.017%$43.1M$24.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9270−0.028%$13.6M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9260−0.039%$32.4M$41.3M75xas long as short
BingX UNI-USDT+0.0100%8h8.9240−0.061%$51.7Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9340+0.051%$992K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.9326+0.035%$168K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9094−0.225%$628K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9000−0.330%$88K$712K50xas long as short
StandX UNI-USD+0.0100%1h8.9290−0.005%$107K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9276−0.021%$87K$356K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9290−0.005%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9343+0.054%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9275−0.022%$25K$666K10xas long as short
HTX UNI-USDT+0.0100%8h8.9367+0.081%$731K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9300+0.006%$26.9M$4.4M50xas long as short
Deribit UNI_USDC-PERPETUAL+0.0103%1h8.9322+0.031%$568K$157K50xas long as short
Extended UNI-USD+0.0104%1h8.9227−0.076%$302K$1.5M25xas long as short
Aevo UNI-PERPlong+0.0104%1h8.9295long leg$32K$1K3x
dYdX UNI-USD+0.0117%1h8.9287−0.008%$247K$6K10xas long as short
BloFin UNI-USDT+0.0220%8h8.9230−0.073%$9.9M$3.4M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.9320+0.028%$1.1M$5.3M50xas long as short
Kraken Futures PF_UNIUSD+0.0339%1h8.9359+0.072%$5.0M$7.0M50xas long as short
Reya UNIRUSDPERP+0.0363%1h8.9242−0.059%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0319%1h8.9287−0.009%$559K120xas long as short
Hyperliquid UNI+0.0435%1h8.9461+0.186%$98.6M$59.3M10xas long as short
Aftermath Perps UNIUSD+0.0654%1h8.9244−0.057%$1K$49K10xas long as short
Lighter UNIshort+0.0656%1h8.9465+0.191%$4.6M$5.2M15x