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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0564%/8h= −61.8% APRnext payment $0.71 per $10,000 · paid last 24h −0.214%
Price spread now: gTrade (Gains Network) against Lighter−0.203%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and gTrade (Gains Network) is 0.203% cheaper against Lighter than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter UNI9.11420.0568pay 0.0071% / 1h3m 57s$4.6M$5.8M15x
ShortgTrade (Gains Network) UNI/USD9.0957L +0.0004% / S −0.0004%get 0.0000% / 1h3m 57s$37K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Lighter. 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
−$118.45
Price spread: −0.203% → 0.000%
−$20.3
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$148.74
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 4 min ago; gTrade (Gains Network): 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 Lighter live order book, 4 min ago1.98 bp7.1 bp −$719.0 bp −$190105.4 bp −$10.5Kdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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
gTrade (Gains Network) UNI/USDshortL +0.0004% / S −0.0004%1h9.0957−0.203%$37K150x
Injective UNI/USDC PERP+0.0033%1h8.8300−3.118%$660$154K12xas long as short
Deribit UNI_USDC-PERPETUAL+0.0052%1h9.0944−0.217%$582K$193K50xas long as short
01 Exchange UNIUSD+0.0056%1h9.0977−0.181%$454$510xas long as short
Nado UNI-PERP+0.0100%1h9.0895−0.271%$939K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.1019−0.135%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.0983−0.175%$296K$580K10xas long as short
Binance UNIUSDT+0.0100%8h9.1034−0.119%$225.4M$624.9M75xas long as short
Bybit UNIUSDT+0.0100%8h9.0980−0.178%$102.3M$110.5M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.0960−0.200%$56.0M$257.6M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h9.1030−0.123%$288K$618K10xas long as short
Gate UNI_USDT+0.0100%8h9.0980−0.178%$23.3M$62.4M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0940−0.222%$49.1M$25.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0940−0.222%$13.7M$13.0M75xas long as short
Bitget UNIUSDT+0.0100%8h9.1010−0.145%$33.5M$43.7M75xas long as short
BingX UNI-USDT+0.0100%8h9.0860−0.309%$56.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.1011−0.144%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h9.0827−0.345%$4.3M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h9.1073−0.075%$172K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.1500+0.393%$637K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.1480+0.371%$89K$695K50xas long as short
StandX UNI-USD+0.0100%1h9.1110−0.035%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0959−0.201%$87K$421K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0900−0.266%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.1017−0.137%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.0940−0.222%$22K$790K10xas long as short
HTX UNI-USDT+0.0100%8h9.1116−0.029%$704K$4.5M75xas long as short
Phemex UNIUSDT+0.0100%8h9.1090−0.057%$27.5M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0925−0.239%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.0922−0.241%$303K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0943−0.219%$32K3xas long as short
dYdX UNI-USD+0.0119%1h9.0962−0.198%$239K$32K10xas long as short
BloFin UNI-USDT+0.0220%8h9.1070−0.079%$10.4M$3.6M75xas long as short
Kraken Futures PF_UNIUSD+0.0270%1h9.1028−0.125%$5.1M$7.7M50xas long as short
Coinbase International UNI-PERP-INTX+0.0296%1h9.0980−0.178%$1.1M$5.4M50xas long as short
Reya UNIRUSDPERP+0.0371%1h9.0866−0.303%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0939−0.223%$647K120xas long as short
Hyperliquid UNI+0.0549%1h9.1151+0.010%$99.4M$61.7M10xas long as short
Lighter UNIlong+0.0568%1h9.1142long leg$4.6M$5.8M15x
Aftermath Perps UNIUSD+0.1029%1h9.1375+0.256%$954$47K10xas long as short