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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0136%/8h= −14.9% APRnext payment $0.17 per $10,000 · paid last 24h −0.189%
Price spread now: 01 Exchange against Lighter−0.415%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 fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and 01 Exchange is 0.415% cheaper against Lighter than usual: you would sell low and buy high (−$41 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 UNI9.04100.0208pay 0.0026% / 1h39m 31s$4.6M$5.8M15x
Short01 Exchange UNIUSD9.00350.0072get 0.0009% / 1h39m 31s$449$510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$28.56
Price spread: −0.415% → 0.000%
−$41.48
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$77.04
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 14 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 Lighter live order book, 14 min ago0.60 bp8.7 bp −$916.5 bp −$16595.6 bp −$9,557doesn'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
Deribit UNI_USDC-PERPETUAL0.0000%1h9.0577+0.185%$580K$193K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.0573+0.181%$37K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−2.334%$660$154K12xas long as short
01 Exchange UNIUSDshort+0.0072%1h9.0035−0.415%$449$510x
dYdX UNI-USD+0.0093%1h8.9964−0.494%$237K$30K10xas long as short
Nado UNI-PERP+0.0100%1h9.0785+0.415%$920K$4.4M10xas long as short
Aster UNIUSDT+0.0100%8h9.0472+0.068%$1.0M$3.0M50xas long as short
Pacifica UNI+0.0100%1h9.0086−0.358%$292K$593K10xas long as short
Binance UNIUSDT+0.0100%8h9.0020−0.431%$222.1M$632.8M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9980−0.476%$100.9M$110.9M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX UNI-USDT-SWAP+0.0100%8h8.9990−0.465%$54.7M$257.6M50xas long as short
Arcus UNI-USD+0.0100%1h9.0100−0.343%$285K$629K10xas long as short
Gate UNI_USDT+0.0100%8h8.9980−0.476%$23.4M$63.0M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9960−0.498%$47.7M$25.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0500+0.100%$13.5M$13.1M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0010−0.442%$33.2M$44.5M75xas long as short
BingX UNI-USDT+0.0100%8h8.9950−0.509%$56.6Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0507+0.107%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h9.0778+0.407%$4.3M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h9.1200+0.874%$172K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.1036+0.693%$637K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0880+0.520%$89K$694K50xas long as short
StandX UNI-USD+0.0100%1h9.0870+0.509%$27K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0829+0.463%$87K$422K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0560+0.166%$16K$1.6M10xas long as short
SunX UNI-USDT+0.0100%8h9.0783+0.413%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.0510+0.111%$22K$783K10xas long as short
HTX UNI-USDT+0.0100%8h9.0760+0.387%$718K$4.5M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0480+0.077%$27.4M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9892−0.573%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9940−0.520%$295K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0565+0.171%$32K3xas long as short
Lighter UNIlong+0.0208%1h9.0410long leg$4.6M$5.8M15x
BloFin UNI-USDT+0.0220%8h9.0940+0.586%$10.3M$3.6M75xas long as short
Coinbase International UNI-PERP-INTX+0.0248%1h9.0630+0.243%$1.0M$5.5M50xas long as short
Kraken Futures PF_UNIUSD+0.0270%1h9.0546+0.150%$5.0M$7.9M50xas long as short
Reya UNIRUSDPERP+0.0372%1h9.0754+0.380%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0573+0.180%$645K120xas long as short
Hyperliquid UNI+0.0437%1h9.0594+0.203%$98.4M$61.8M10xas long as short
Aftermath Perps UNIUSD+0.1069%1h9.0964+0.613%$910$46K10xas long as short