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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0071%/8h= −7.7% APRnext payment $0.09 per $10,000 · paid last 24h +0.153%
Price spread now: Injective against Extended−0.334%60s7-day average +0.078% · 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 7 days−0.504%−$50 on $10k
Price spread, last 4 days (all we have)+0.507%+$51 · spread now −0.334%, 7d avg +0.078%
Together, before fees+0.003%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.412% cheaper against Extended than usual: you would sell low and buy high (−$41 if the spread goes back to its 7-day average of +0.078%). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended UNI-USD8.85960.0104pay 0.0013% / 1h0m 16s$299K$1.7M25x
ShortInjective UNI/USDC PERP8.83000.0033get 0.0004% / 1h0m 16s$660$152K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$14.84
Price spread: −0.334% → +0.078%
−$41.2
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$61.06
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 1 min ago; Injective: 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 Extended live order book, 1 min ago0.06 bp5.0 bp −$59.6 bp −$96doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.8472−0.140%$76K150xas long as short
Injective UNI/USDC PERPshort+0.0033%1h8.8300−0.334%$660$152K12x
Nado UNI-PERP+0.0039%1h8.8517−0.088%$706K$4.0M10xas long as short
01 Exchange UNIUSD+0.0072%1h8.8588−0.009%$442$5610xas long as short
Lighter UNI+0.0096%1h8.8762+0.188%$4.4M$5.1M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8490−0.119%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8680+0.095%$745K$2.5M50xas long as short
Pacifica UNI+0.0100%1h8.8540−0.063%$288K$475K10xas long as short
Binance UNIUSDT+0.0100%8h8.8620+0.027%$215.0M$574.9M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8600+0.005%$98.0M$98.0M75xas long as short
Show all 40 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX UNI-USDT-SWAP+0.0100%8h8.8590−0.006%$54.9M$230.7M50xas long as short
Arcus UNI-USD+0.0100%1h8.8620+0.027%$325K$530K10xas long as short
Gate UNI_USDT+0.0100%8h8.8620+0.027%$27.8M$58.4M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8630+0.039%$46.3M$25.7M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8660+0.073%$12.9M$11.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8640+0.050%$33.0M$42.7M75xas long as short
BingX UNI-USDC+0.0100%8h8.8630+0.039%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8568−0.031%$1.1M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h8.8404−0.216%$4.1M$2.7Mas long as short
edgeX UNIUSDC+0.0100%4h8.8548−0.054%$167K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8488−0.122%$616K$2.3M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8680+0.095%$89K$711K50xas long as short
StandX UNI-USD+0.0100%1h8.8470−0.142%$93K$3.5M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8578−0.020%$105K$581K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8610+0.016%$16K$2.5M10xas long as short
SunX UNI-USDT+0.0100%8h8.8682+0.097%$36K$1.2M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8627+0.035%$32K$730K10xas long as short
HTX UNI-USDT+0.0100%8h8.8780+0.208%$701K$4.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8660+0.073%$26.7M$4.5M50xas long as short
Extended UNI-USDlong+0.0104%1h8.8596long leg$299K$1.7M25x
Aevo UNI-PERP+0.0104%1h8.8625+0.033%$31K3xas long as short
Kraken Futures PF_UNIUSD+0.0142%1h8.8686+0.102%$4.7M$7.7M50xas long as short
Deribit UNI_USDC-PERPETUAL+0.0156%1h8.8701+0.118%$587K$219K50xas long as short
dYdX UNI-USD+0.0186%1h8.8560−0.041%$232K$32K10xas long as short
BloFin UNI-USDT+0.0220%8h8.8450−0.165%$10.0M$3.3M75xas long as short
Coinbase International UNI-PERP-INTX+0.0248%1h8.8460−0.153%$923K$4.4M50xas long as short
Hyperliquid UNI+0.0263%1h8.8720+0.140%$95.5M$61.6M10xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8645+0.055%$631K120xas long as short
Reya UNIRUSDPERP+0.0386%1h8.8605+0.011%$16K20xas long as short
Aftermath Perps UNIUSD+0.0578%1h8.8478−0.133%$1K$50K10xas long as short