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

UNI

all UNI markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Extended against Backpack−0.053%7-day average −0.560% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs+$29as in the Price arb table
costs, in and out, $10k−$220.215% of the position
Long on BackpackShort on Extended
What this pair did over the last
the charts below follow
Funding, last 7 days+0.049%+$5 on $10k
Price spread, last 7 days+0.076%+$8 · spread now −0.053%, 7d avg −0.560%
Together, before fees+0.125%+ Points / potential airdropExtended: Active · farm board+$13 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: Extended is 0.507% dearer against Backpack than usual: you sell high and buy low, +$51 on $10k if it goes back to its 7-day average of −0.560%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack UNI_USDC_PERP8.82870.0100pay 0.0013% / 1h31m 29s$980K$2.3M10x
ShortExtended UNI-USD8.82400.0104get 0.0013% / 1h31m 29s$300K$1.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Backpack. 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
$0.84
Price spread: −0.053% → −0.560%
$50.66
Slippage, 4 orders
−$6.5
Fee Backpack: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$30
Costs to cover
0.215%
Break-even
from the start
Slippage from Backpack: live order book, 3 min ago; Extended: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 3 min ago0.06 bp5.8 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.06 bp5.2 bp −$59.8 bp −$98doesn't fitdoesn'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 UNI−0.0076%8h8.8115−0.195%$3.9M$4.5M—as long as short
Bybit UNIUSDT−0.0013%8h8.8290+0.003%$100.7M$104.3M75xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.8325+0.043%$61K—150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300+0.015%$660$155K12xas long as short
OKX UNI-USDT-SWAP+0.0041%8h8.8290+0.003%$54.7M$243.4M50xas long as short
01 Exchange UNIUSD+0.0048%1h8.8332+0.051%$441—10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0072%1h8.8310+0.026%$561K$157K50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8269−0.021%$25K—20xas long as short
Nado UNI-PERP+0.0100%1h8.8295+0.009%$934K$4.0M10xas long as short
Aster UNIUSDT+0.0100%8h8.8360+0.083%$1.0M$3.4M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.8308+0.024%$296K$570K10xas long as short
Binance UNIUSDT+0.0100%8h8.8310+0.026%$216.7M$587.9M75xas long as short
Arcus UNI-USD+0.0100%1h8.8360+0.083%$281K$615K10xas long as short
Gate UNI_USDT+0.0100%8h8.8280−0.008%$22.9M$58.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8310+0.026%$42.7M$24.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8290+0.003%$13.5M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8280−0.008%$32.0M$41.3M75xas long as short
BingX UNI-USDC+0.0100%8h8.8290+0.003%—$6.5M—as long as short
Backpack UNI_USDC_PERPlong+0.0100%1h8.8287long leg$980K$2.3M10x
edgeX UNIUSDC+0.0100%4h8.8322+0.040%$166K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8300+0.015%$612K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8330+0.049%$87K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.8250−0.042%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8311+0.027%$86K$351K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8240−0.053%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8277−0.011%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8251−0.041%$25K$666K10xas long as short
HTX UNI-USDT+0.0100%8h8.8357+0.079%$726K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8260−0.031%$26.5M$4.5M50xas long as short
Extended UNI-USDshort+0.0104%1h8.8240−0.053%$300K$1.4M25x
Aevo UNI-PERP+0.0104%1h8.8522+0.267%$31K$1K3xas long as short
dYdX UNI-USD+0.0112%1h8.8339+0.059%$245K$6K10xas long as short
BloFin UNI-USDT+0.0220%8h8.8330+0.049%$9.8M$3.3M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.8290+0.003%$1.0M$5.3M50xas long as short
Hyperliquid UNI+0.0296%1h8.8416+0.146%$96.7M$59.2M10xas long as short
Kraken Futures PF_UNIUSD+0.0343%1h8.8340+0.060%$4.9M$7.0M50xas long as short
Reya UNIRUSDPERP+0.0362%1h8.8281−0.007%$16K—20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0319%1h8.8312+0.028%$553K—120xas long as short
Lighter UNI+0.0608%1h8.8479+0.217%$4.5M$5.2M15xas long as short
Aftermath Perps UNIUSD+0.0630%1h8.8345+0.066%$1K$49K10xas long as short