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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h −0.004%
Price spread now: 01 Exchange against Deribit+0.042%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and 01 Exchange is 0.042% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit UNI_USDC-PERPETUAL8.76500get 0.0000% / 1h6m 50s$580K$214K50x
Short01 Exchange UNIUSD8.76870.0072get 0.0009% / 1h6m 50s$438$5610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Deribit. 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
$15.12
Price spread: +0.042% → 0.000%
$4.22
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$5.34
Costs to cover
0.140%
Break-even
4.5 days
Slippage unknown: Deribit: live order book, 40 min ago; 01 Exchange: 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 Deribit live order book, 40 min ago8.30 bp13.3 bp −$1318.9 bp −$189doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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-PERPETUALlong0.0000%1h8.7650long leg$580K$214K50x
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.7763+0.129%$75K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300+0.742%$660$147K12xas long as short
Nado UNI-PERP+0.0060%1h8.7675+0.029%$646K$3.9M10xas long as short
01 Exchange UNIUSDshort+0.0072%1h8.7687+0.042%$438$5610x
OKX UNI-USDT-SWAP+0.0084%8h8.7600−0.057%$54.1M$216.2M50xas long as short
Lighter UNI+0.0096%1h8.7787+0.156%$4.3M$4.8M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.7621−0.033%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.7720+0.080%$765K$2.5M50xas long as short
Pacifica UNI+0.0100%1h8.7692+0.047%$289K$456K10xas long as short
Show all 40 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.76500.000%$213.6M$556.3M75xas long as short
Bybit UNIUSDT+0.0100%8h8.7620−0.034%$97.4M$95.7M75xas long as short
Arcus UNI-USD+0.0100%1h8.7750+0.114%$319K$518K10xas long as short
Gate UNI_USDT+0.0100%8h8.7730+0.091%$28.1M$56.2M75xas long as short
MEXC UNI_USDT+0.0100%8h8.7700+0.057%$46.0M$21.0M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.7730+0.091%$12.9M$11.0M75xas long as short
Bitget UNIUSDT+0.0100%8h8.7700+0.057%$33.0M$42.0M75xas long as short
BingX UNI-USDT+0.0100%8h8.7700+0.057%$49.7Mas long as short
Variational Omni UNI+0.0100%8h8.7683+0.037%$4.0M$2.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.7680+0.034%$165K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.7755+0.120%$613K$2.2M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.7720+0.080%$89K$714K50xas long as short
StandX UNI-USD+0.0100%1h8.7770+0.137%$93K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.7663+0.015%$96K$616K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.7620−0.034%$16K$2.4M10xas long as short
SunX UNI-USDT+0.0100%8h8.7695+0.051%$36K$1.1M30xas long as short
SoDEX UNI-USD+0.0100%1h8.7628−0.025%$21K$730K10xas long as short
HTX UNI-USDT+0.0100%8h8.7712+0.071%$704K$3.8M75xas long as short
Phemex UNIUSDT+0.0100%8h8.7680+0.034%$26.5M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.7647−0.003%$300K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.7609−0.047%$31K3xas long as short
Backpack UNI_USDC_PERP+0.0124%1h8.7721+0.081%$1.1M$2.2M10xas long as short
Kraken Futures PF_UNIUSD+0.0132%1h8.7664+0.016%$4.7M$7.6M50xas long as short
Hyperliquid UNI+0.0168%1h8.7821+0.195%$94.2M$60.1M10xas long as short
BloFin UNI-USDT+0.0220%8h8.7680+0.034%$10.0M$3.3M75xas long as short
Coinbase International UNI-PERP-INTX+0.0240%1h8.7830+0.205%$911K$4.4M50xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.7661+0.013%$623K120xas long as short
Reya UNIRUSDPERP+0.0388%1h8.7698+0.055%$16K20xas long as short
dYdX UNI-USD+0.0430%1h8.7696+0.052%$230K$32K10xas long as short
Aftermath Perps UNIUSD+0.0524%1h8.7750+0.114%$1K$49K10xas long as short