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

UNI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: Paradex against Backpack−0.155%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 fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.155% cheaper against Backpack than usual: you would sell low and buy high, −$16 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack UNI_USDC_PERP8.81090.0100pay 0.0013% / 1h7m 31s$976K$2.3M10x
ShortParadex UNI-USD-PERP8.79720.0100get 0.0100% / 8h2h 07m$25K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.01
Price spread: −0.155% → 0.000%
−$15.54
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$29.55
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Backpack: live order book, 2 min ago; Paradex: 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, 2 min ago0.06 bp6.2 bp −$6117.3 bp −$1,173doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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−0.0125%8h8.8143+0.038%$3.9M$4.7Mas long as short
Bybit UNIUSDT−0.0070%8h8.7950−0.180%$100.3M$106.2M75xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.8130+0.024%$564K$154K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.8095−0.016%$79K150xas long as short
OKX UNI-USDT-SWAP+0.0028%8h8.7970−0.158%$54.2M$245.6M50xas long as short
01 Exchange UNIUSD+0.0040%1h8.8024−0.096%$43910xas long as short
Paradex UNI-USD-PERPshort+0.0100%8h8.7972−0.155%$25K20x
Nado UNI-PERP+0.0100%1h8.8027−0.092%$855K$4.0M10xas long as short
Aster UNIUSDT+0.0100%8h8.8091−0.021%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.8034−0.085%$299K$565K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.7981−0.146%$215.1M$597.1M75xas long as short
Arcus UNI-USD+0.0100%1h8.8060−0.056%$271K$612K10xas long as short
Gate UNI_USDT+0.0100%8h8.7990−0.135%$22.8M$59.6M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8020−0.101%$42.5M$24.8M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8060−0.056%$13.3M$13.9M75xas long as short
Bitget UNIUSDT+0.0100%8h8.7960−0.169%$31.9M$41.6M75xas long as short
BingX UNI-USDT+0.0100%8h8.7990−0.135%$51.6Mas long as short
Backpack UNI_USDC_PERPlong+0.0100%1h8.8109long leg$976K$2.3M10x
edgeX UNIUSDC+0.0100%4h8.8113+0.004%$166K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8116+0.008%$612K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8150+0.047%$83K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.8130+0.024%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.7982−0.144%$86K$346K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8070−0.044%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8167+0.066%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8070−0.044%$25K$668K10xas long as short
HTX UNI-USDT+0.0100%8h8.8241+0.150%$720K$4.4M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8100−0.010%$26.5M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.7953−0.177%$305K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8097−0.014%$31K$1K3xas long as short
dYdX UNI-USD+0.0161%1h8.8061−0.054%$244K$6K10xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8150+0.047%$1.0M$5.3M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8110+0.001%$9.8M$3.4M75xas long as short
Kraken Futures PF_UNIUSD+0.0270%1h8.8168+0.067%$4.9M$7.2M50xas long as short
Hyperliquid UNI+0.0319%1h8.8097−0.014%$96.0M$59.7M10xas long as short
Reya UNIRUSDPERP+0.0361%1h8.7954−0.176%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0320%1h8.8082−0.030%$553K120xas long as short
Aftermath Perps UNIUSD+0.0581%1h8.8437+0.372%$1K$50K10xas long as short
Lighter UNI+0.0624%1h8.8206+0.110%$4.5M$5.4M15xas long as short
Injective UNI/USDC PERP+0.2702%1h8.7900−0.237%$657$97K12xas long as short