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% APRpaid last 24h 0.000%
Price spread now: Nado against Bitget−0.108%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$310.307% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.001%$0 on $10k
Price spread, last 7 days+0.163%+$16 · spread now −0.108%, 7d avg +0.063%
Together, before fees+0.162%+ Points / potential airdropNado: Active · farm board+$16 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 0.171% cheaper against Bitget than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget UNIUSDT8.78600.0100pay 0.0100% / 8h2h 06m$31.8M$41.6M75x
ShortNado UNI-PERP8.77650.0100get 0.0012% / 1h6m 09s$850K$4.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Bitget. 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: −0.108% → +0.063%
−$17.06
Slippage, 4 orders
−$11.72
Fee Bitget: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$47.79
Costs to cover
0.307%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Nado: live order book, 3 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 Bitget live order book, 3 min ago1.70 bp10.7 bp −$1115.4 bp −$15432.9 bp −$3,288doesn't fit
Sell Nado live order book, 3 min ago0.06 bp4.7 bp −$513.8 bp −$138doesn'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+0.322%$3.9M$4.7Mas long as short
Bybit UNIUSDT−0.0067%8h8.7830−0.034%$100.2M$106.2M75xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.7925+0.074%$562K$155K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.7854−0.007%$79K150xas long as short
OKX UNI-USDT-SWAP+0.0030%8h8.7870+0.011%$54.2M$245.6M50xas long as short
01 Exchange UNIUSD+0.0040%1h8.7837−0.026%$43810xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.7784−0.087%$25K20xas long as short
Nado UNI-PERPshort+0.0100%1h8.7765−0.108%$850K$4.0M10x
Aster UNIUSDT+0.0100%8h8.7900+0.046%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.7861+0.002%$298K$565K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.7872+0.014%$214.8M$597.3M75xas long as short
Arcus UNI-USD+0.0100%1h8.7900+0.046%$271K$612K10xas long as short
Gate UNI_USDT+0.0100%8h8.7870+0.011%$22.8M$59.6M75xas long as short
MEXC UNI_USDT+0.0100%8h8.78600.000%$42.3M$24.8M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.78600.000%$13.3M$13.9M75xas long as short
Bitget UNIUSDTlong+0.0100%8h8.7860long leg$31.8M$41.6M75x
BingX UNI-USDC+0.0100%8h8.78600.000%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.7895+0.040%$976K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.8113+0.288%$166K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8116+0.291%$612K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8150+0.330%$83K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.8130+0.307%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.7859−0.001%$86K$346K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.7890+0.034%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.7847−0.015%$35K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.7871+0.013%$25K$668K10xas long as short
HTX UNI-USDT+0.0100%8h8.8060+0.228%$719K$4.4M75xas long as short
Phemex UNIUSDT+0.0100%8h8.7910+0.057%$26.4M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.7842−0.021%$300K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.7906+0.052%$31K$1K3xas long as short
dYdX UNI-USD+0.0173%1h8.7914+0.061%$243K$6K10xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.7910+0.057%$1.0M$5.3M50xas long as short
BloFin UNI-USDT+0.0220%8h8.7910+0.057%$9.8M$3.4M75xas long as short
Kraken Futures PF_UNIUSD+0.0271%1h8.7944+0.095%$4.9M$7.2M50xas long as short
Hyperliquid UNI+0.0314%1h8.7977+0.133%$95.8M$59.7M10xas long as short
Reya UNIRUSDPERP+0.0361%1h8.7815−0.051%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0320%1h8.7843−0.019%$551K120xas long as short
Aftermath Perps UNIUSD+0.0589%1h8.8282+0.481%$1K$50K10xas long as short
Lighter UNI+0.0624%1h8.8043+0.208%$4.5M$5.4M15xas long as short
Injective UNI/USDC PERP+0.2702%1h8.7900+0.046%$657$97K12xas long as short