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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0128%/8h= −14.0% APRnext payment $0.16 per $10,000 · paid last 24h −0.030%
Price spread now: gTrade (Gains Network) against Backpack−0.303%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$4 a day on $10k at the current rate, and gTrade (Gains Network) is 0.303% cheaper against Backpack than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack UNI_USDC_PERP8.73180.0133pay 0.0017% / 1h48m 32s$1.1M$2.1M10x
ShortgTrade (Gains Network) UNI/USD8.7053L +0.0004% / S −0.0005%get 0.0001% / 1h48m 32s$75K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$26.89
Price spread: −0.303% → 0.000%
−$30.35
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$77.23
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Backpack: live order book, 4 min ago; gTrade (Gains Network): no order-book sample. 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 Backpack live order book, 4 min ago0.46 bp7.1 bp −$7126.0 bp −$1,260doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit UNI_USDC-PERPETUAL0.0000%1h8.7151−0.191%$577K$211K50xas long as short
gTrade (Gains Network) UNI/USDshortL +0.0004% / S −0.0005%1h8.7053−0.303%$75K150x
Injective UNI/USDC PERP+0.0033%1h8.8300+1.125%$660$147K12xas long as short
Nado UNI-PERP+0.0052%1h8.7188−0.149%$647K$3.9M10xas long as short
OKX UNI-USDT-SWAP+0.0081%8h8.7200−0.135%$54.0M$214.1M50xas long as short
Lighter UNI+0.0096%1h8.7513+0.223%$4.3M$4.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.7340+0.025%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.7373+0.063%$762K$2.5M50xas long as short
Pacifica UNI+0.0100%1h8.7406+0.101%$288K$457K10xas long as short
Binance UNIUSDT+0.0100%8h8.7294−0.027%$212.9M$552.8M75xas long as short
Show all 40 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit UNIUSDT+0.0100%8h8.7220−0.112%$96.6M$95.0M75xas long as short
Arcus UNI-USD+0.0100%1h8.7400+0.094%$318K$517K10xas long as short
Gate UNI_USDT+0.0100%8h8.7370+0.060%$28.2M$53.7M75xas long as short
MEXC UNI_USDT+0.0100%8h8.7390+0.082%$45.5M$20.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.7430+0.128%$12.9M$11.0M75xas long as short
Bitget UNIUSDT+0.0100%8h8.7240−0.089%$32.6M$42.0M75xas long as short
BingX UNI-USDT+0.0100%8h8.7360+0.048%$49.3Mas long as short
Variational Omni UNI+0.0100%8h8.6892−0.488%$4.0M$2.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.6936−0.438%$164K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.6956−0.415%$607K$2.1M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.6980−0.387%$89K$714K50xas long as short
StandX UNI-USD+0.0100%1h8.7250−0.078%$92K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.7293−0.029%$91K$621K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.7070−0.284%$16K$2.3M10xas long as short
SunX UNI-USDT+0.0100%8h8.7170−0.169%$35K$1.1M30xas long as short
SoDEX UNI-USD+0.0100%1h8.7225−0.107%$21K$744K10xas long as short
HTX UNI-USDT+0.0100%8h8.7306−0.014%$693K$3.8M75xas long as short
Phemex UNIUSDT+0.0100%8h8.7220−0.112%$26.3M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.7273−0.052%$297K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.7057−0.298%$31K3xas long as short
Kraken Futures PF_UNIUSD+0.0120%1h8.7214−0.119%$4.6M$7.5M50xas long as short
Backpack UNI_USDC_PERPlong+0.0133%1h8.7318long leg$1.1M$2.1M10x
01 Exchange UNIUSD+0.0144%1h8.7345+0.031%$436$5610xas long as short
BloFin UNI-USDT+0.0220%8h8.7210−0.124%$10.0M$3.3M75xas long as short
Hyperliquid UNI+0.0261%1h8.7454+0.156%$93.9M$60.2M10xas long as short
Coinbase International UNI-PERP-INTX+0.0264%1h8.7250−0.078%$903K$4.3M50xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.7103−0.246%$620K120xas long as short
Reya UNIRUSDPERP+0.0388%1h8.7219−0.113%$16K20xas long as short
Aftermath Perps UNIUSD+0.0584%1h8.7277−0.047%$1K$48K10xas long as short
dYdX UNI-USD+0.0663%1h8.7384+0.076%$230K$32K10xas long as short