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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.170%
Price spread now: HTX against Injective+1.971%65s7-day average −0.122% · 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 7 days+0.561%+$56 on $10k
Price spread, last 3 days (all we have)−1.905%−$190 · spread now +1.971%, 7d avg −0.122%
Together, before fees−1.343%−$134 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 2.093% dearer against Injective than usual: you sell high and buy low: +$209 more if the spread goes back to its 7-day average of −0.122%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective UNI/USDC PERP8.83000.0033pay 0.0004% / 1h50m 08s$660$154K12x
ShortHTX UNI-USDT9.00400.0100get 0.0100% / 8h7h 50m$723K$4.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Injective. 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
$14
Price spread: +1.971% → −0.122%
$209.28
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee HTX: 6 bp × 2 orders
−$12
Net
$211.26
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; HTX: live order book, 4 min ago. 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 Injective no order-book sample
Sell HTX live order book, 4 min ago5.23 bp12.2 bp −$1237.5 bp −$375237.6 bp −$23.8Kdoesn't fit
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 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
ApeX Omni UNIUSDT−0.0151%1h8.9820+1.721%$88K$707K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.0046+1.977%$62K150xas long as short
01 Exchange UNIUSD+0.0032%1h9.0199+2.151%$45010xas long as short
Injective UNI/USDC PERPlong+0.0033%1h8.8300long leg$660$154K12x
Deribit UNI_USDC-PERPETUAL+0.0036%1h8.9947+1.865%$580K$178K50xas long as short
Gate UNI_USDT+0.0068%8h8.9910+1.823%$22.9M$57.4M75xas long as short
OKX UNI-USDT-SWAP+0.0091%8h8.9920+1.835%$55.2M$248.7M50xas long as short
Nado UNI-PERP+0.0100%1h9.0175+2.123%$952K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.0097+2.035%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h9.0044+1.976%$299K$591K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9950+1.869%$222.7M$591.4M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9930+1.846%$101.3M$106.3M75xas long as short
Arcus UNI-USD+0.0100%1h9.0170+2.118%$267K$618K10xas long as short
MEXC UNI_USDT+0.0100%8h8.9960+1.880%$44.0M$23.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9940+1.857%$13.6M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9900+1.812%$33.0M$42.0M75xas long as short
BingX UNI-USDT+0.0100%8h8.9930+1.846%$52.1Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9990+1.914%$1.1M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h8.9871+1.779%$4.1M$4.4Mas long as short
edgeX UNIUSDC+0.0100%4h8.9772+1.667%$169K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0021+1.949%$633K$2.5M10xas long as short
StandX UNI-USD+0.0100%1h8.9860+1.767%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0220+2.174%$85K$376K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9900+1.812%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.0101+2.040%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9927+1.843%$21K$680K10xas long as short
HTX UNI-USDTshort+0.0100%8h9.0040+1.971%$723K$4.4M75x
Phemex UNIUSDT+0.0100%8h8.9970+1.891%$27.1M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0025+1.953%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9867+1.774%$302K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9907+1.820%$32K3xas long as short
BloFin UNI-USDT+0.0220%8h8.9980+1.903%$10.0M$3.5M75xas long as short
Hyperliquid UNI+0.0243%1h9.0062+1.996%$98.6M$59.6M10xas long as short
dYdX UNI-USD+0.0264%1h9.0009+1.936%$248K$7K10xas long as short
Coinbase International UNI-PERP-INTX+0.0272%1h9.0060+1.993%$1.1M$5.4M50xas long as short
Reya UNIRUSDPERP+0.0365%1h9.0173+2.121%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0382% / S −0.0323%1h9.0031+1.961%$571K120xas long as short
Kraken Futures PF_UNIUSD+0.0390%1h8.9980+1.902%$5.0M$6.9M50xas long as short
Lighter UNI+0.0640%1h9.0112+2.052%$4.6M$5.2M15xas long as short
Aftermath Perps UNIUSD+0.0834%1h9.0038+1.969%$1K$49K10xas long as short