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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0070%/8h= +7.6% APRnext payment +$0.09 per $10,000 · paid last 24h −0.034%
Price spread now: 01 Exchange against Kraken Futures−0.035%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 feesneeds both histories
Funding pays, the price is against you. 01 Exchange is 0.035% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 40 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_UNIUSD8.9201−0.0062get 0.0008% / 1h59m 21s$4.7M$8.6M50x
Short01 Exchange UNIUSD8.91700.0008get 0.0001% / 1h59m 21s$445$510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Kraken Futures. 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
$14.66
Price spread: −0.035% → 0.000%
−$3.53
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$5.86
Costs to cover
0.170%
Break-even
9.8 days
Slippage unknown: Kraken Futures: live order book, 5 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 Kraken Futures live order book, 5 min ago0.56 bp15.2 bp −$1517.5 bp −$17542.6 bp −$4,264doesn'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 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
Kraken Futures PF_UNIUSDlong−0.0062%1h8.9201long leg$4.7M$8.6M50x
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.9151−0.056%$77K150xas long as short
01 Exchange UNIUSDshort+0.0008%1h8.9170−0.035%$445$510x
Injective UNI/USDC PERP+0.0033%1h8.8300−1.011%$660$153K12xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9271+0.078%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.9160−0.046%$729K$4.7M10xas long as short
Hyperliquid UNI+0.0100%1h8.9240+0.043%$95.2M$67.7M10xas long as short
Aster UNIUSDT+0.0100%8h8.9200−0.002%$724K$3.2M50xas long as short
Pacifica UNI+0.0100%1h8.9297+0.107%$288K$567K10xas long as short
Binance UNIUSDT+0.0100%8h8.9217+0.018%$217.1M$652.3M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit UNIUSDT+0.0100%8h8.9100−0.114%$98.9M$110.5M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9120−0.091%$54.6M$262.3M50xas long as short
Arcus UNI-USD+0.0100%1h8.9280+0.088%$320K$698K10xas long as short
Gate UNI_USDT+0.0100%8h8.9130−0.080%$26.3M$62.3M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9180−0.024%$48.0M$25.2M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9180−0.024%$13.0M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9140−0.069%$32.6M$45.6M75xas long as short
BingX UNI-USDT+0.0100%8h8.9120−0.091%$58.1Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9337+0.152%$1.1M$2.5M10xas long as short
Variational Omni UNI+0.0100%8h8.9263+0.069%$4.1M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h8.8764−0.490%$168K$348K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9300+0.110%$631K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8750−0.506%$89K$710K50xas long as short
StandX UNI-USD+0.0100%1h8.9270+0.077%$14K$3.5M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9163−0.043%$104K$617K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9120−0.091%$17K$2.3M10xas long as short
SunX UNI-USDT+0.0100%8h8.9221+0.022%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9125−0.086%$32K$883K10xas long as short
HTX UNI-USDT+0.0100%8h8.9295+0.105%$705K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9160−0.046%$26.9M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.9096−0.118%$301K$1.8M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9136−0.074%$32K3xas long as short
Lighter UNI+0.0136%1h8.9332+0.146%$4.5M$5.4M15xas long as short
Deribit UNI_USDC-PERPETUAL+0.0146%1h8.9182−0.022%$591K$273K50xas long as short
Coinbase International UNI-PERP-INTX+0.0208%1h8.9250+0.054%$928K$5.5M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9200−0.002%$10.1M$3.6M75xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.9142−0.067%$634K120xas long as short
Reya UNIRUSDPERP+0.0382%1h8.9115−0.097%$16K20xas long as short
Aftermath Perps UNIUSD+0.0404%1h8.9079−0.138%$1K$52K10xas long as short
dYdX UNI-USD+0.0586%1h8.9196−0.006%$235K$30K10xas long as short