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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Nado against Backpack−0.069%7-day average −0.460% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs+$13as in the Price arb table
costs, in and out, $10k−$260.256% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.011%−$1 on $10k
Price spread, last 7 days−0.446%−$45 · spread now −0.069%, 7d avg −0.460%
Together, before fees−0.457%+ Points / potential airdropNado: Active · farm board−$46 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: Nado is 0.391% dearer against Backpack than usual: you sell high and buy low, +$39 on $10k if it goes back to its 7-day average of −0.460%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack UNI_USDC_PERP8.81510.0100pay 0.0013% / 1h10m 09s$978K$2.3M10x
ShortNado UNI-PERP8.80900.0100get 0.0012% / 1h10m 09s$852K$4.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
Price spread: −0.069% → −0.460%
$39.06
Slippage, 4 orders
−$8.58
Fee Backpack: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$13.48
Costs to cover
0.256%
Break-even
from the start
Slippage from Backpack: live order book, 4 min ago; Nado: live order book, 4 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, 4 min ago0.06 bp5.9 bp −$687.8 bp −$878doesn't fitdoesn't fit
Sell Nado live order book, 4 min ago0.06 bp6.8 bp −$718.2 bp −$182doesn'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−0.0125%8h8.8143−0.009%$3.9M$4.7Mas long as short
Bybit UNIUSDT−0.0080%8h8.8080−0.081%$100.5M$106.3M75xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.8129−0.025%$79K150xas long as short
OKX UNI-USDT-SWAP+0.0026%8h8.8090−0.069%$54.3M$245.9M50xas long as short
01 Exchange UNIUSD+0.0032%1h8.8173+0.025%$44010xas long as short
Deribit UNI_USDC-PERPETUAL+0.0034%1h8.8157+0.007%$564K$154K50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8076−0.086%$25K20xas long as short
Nado UNI-PERPshort+0.0100%1h8.8090−0.069%$852K$4.0M10x
Aster UNIUSDT+0.0100%8h8.8144−0.008%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.8134−0.019%$298K$563K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8120−0.035%$215.2M$597.2M75xas long as short
Arcus UNI-USD+0.0100%1h8.8230+0.090%$272K$612K10xas long as short
Gate UNI_USDT+0.0100%8h8.8090−0.069%$22.9M$59.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8130−0.024%$42.5M$24.8M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8120−0.035%$13.3M$13.9M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8120−0.035%$31.9M$41.7M75xas long as short
BingX UNI-USDT+0.0100%8h8.8100−0.058%$51.7Mas long as short
Backpack UNI_USDC_PERPlong+0.0100%1h8.8151long leg$978K$2.3M10x
edgeX UNIUSDC+0.0100%4h8.8900+0.849%$167K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8175+0.027%$612K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8920+0.872%$84K$714K50xas long as short
StandX UNI-USD+0.0100%1h8.8200+0.056%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8121−0.034%$86K$346K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8110−0.047%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8177+0.029%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8114−0.042%$25K$668K10xas long as short
HTX UNI-USDT+0.0100%8h8.8384+0.264%$720K$4.4M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8130−0.024%$26.5M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8075−0.086%$305K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8137−0.016%$31K$1K3xas long as short
dYdX UNI-USD+0.0120%1h8.8157+0.007%$244K$6K10xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8170+0.022%$1.0M$5.3M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8160+0.010%$9.8M$3.4M75xas long as short
Kraken Futures PF_UNIUSD+0.0270%1h8.8200+0.055%$4.9M$7.2M50xas long as short
Hyperliquid UNI+0.0314%1h8.8239+0.100%$96.2M$59.9M10xas long as short
Reya UNIRUSDPERP+0.0360%1h8.8093−0.066%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0320%1h8.8121−0.034%$553K120xas long as short
Aftermath Perps UNIUSD+0.0577%1h8.8587+0.494%$1K$50K10xas long as short
Lighter UNI+0.0608%1h8.8291+0.159%$4.5M$5.4M15xas long as short
Injective UNI/USDC PERP+0.2702%1h8.7900−0.285%$657$97K12xas long as short