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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0215%/8h= −23.5% APRnext payment $0.27 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against Nado−0.009%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$260.262% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.065%+$7 · spread now −0.009%, 7d avg +0.056%
Together, before fees+0.070%+ Points / potential airdropNado: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Polymarket Perps is 0.065% cheaper against Nado than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.004% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado UNI-PERP8.98370.0100pay 0.0012% / 1h45m 23s$777K$4.7M10x
ShortPolymarket Perps UNI-USD8.9829−0.0115pay 0.0014% / 1h45m 23s$121K$589K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Nado. 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
−$45.09
Price spread: −0.009% → +0.056%
−$6.51
Slippage, 4 orders
−$11.16
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$77.76
Costs to cover
0.262%
Break-even
never at this rate
Slippage from Nado: live order book, 4 min ago; Polymarket Perps: live order book, 62 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 4 min ago0.11 bp5.5 bp −$613.0 bp −$130doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 62 min ago3.32 bp7.3 bp −$77.9 bp −$79doesn't fitdoesn't fit

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
Polymarket Perps UNI-USDshort−0.0115%1h8.9829−0.009%$121K$589K10x
Kraken Futures PF_UNIUSD−0.0017%1h8.9711−0.141%$4.7M$8.6M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9943+0.117%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.711%$660$153K12xas long as short
01 Exchange UNIUSD+0.0064%1h8.9757−0.090%$448$510xas long as short
Lighter UNI+0.0096%1h8.9767−0.078%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9610−0.254%$26K20xas long as short
Nado UNI-PERPlong+0.0100%1h8.9837long leg$777K$4.7M10x
Aster UNIUSDT+0.0100%8h8.9947+0.121%$742K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.9673−0.183%$287K$593K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9930+0.103%$217.5M$660.2M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9850+0.014%$99.9M$112.2M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9860+0.025%$54.6M$267.9M50xas long as short
Arcus UNI-USD+0.0100%1h8.9800−0.042%$320K$705K10xas long as short
Gate UNI_USDT+0.0100%8h8.9690−0.164%$25.0M$66.3M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9910+0.081%$49.6M$26.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9890+0.058%$13.2M$13.4M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9890+0.058%$33.0M$45.4M75xas long as short
BingX UNI-USDC+0.0100%8h8.9910+0.081%$6.5Mas long as short
Variational Omni UNI+0.0100%8h8.9649−0.209%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.9652−0.206%$170K$347K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9704−0.149%$627K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9750−0.097%$90K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.9710−0.142%$15K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9690−0.164%$16K$1.8M10xas long as short
SunX UNI-USDT+0.0100%8h8.9765−0.081%$37K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9685−0.170%$32K$887K10xas long as short
HTX UNI-USDT+0.0100%8h8.9766−0.080%$702K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9700−0.153%$27.1M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.9670−0.186%$299K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9685−0.170%$32K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0108%1h8.9728−0.122%$591K$249K50xas long as short
dYdX UNI-USD+0.0128%1h8.9674−0.182%$236K$31K10xas long as short
Backpack UNI_USDC_PERP+0.0187%1h8.9754−0.093%$1.1M$2.4M10xas long as short
Coinbase International UNI-PERP-INTX+0.0192%1h8.9780−0.064%$937K$5.6M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9690−0.164%$10.1M$3.7M75xas long as short
Reya UNIRUSDPERP+0.0378%1h8.9873+0.039%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.9940+0.115%$639K120xas long as short
Aftermath Perps UNIUSD+0.0500%1h8.9834−0.004%$989$54K10xas long as short
Hyperliquid UNI+0.0525%1h9.0000+0.181%$97.0M$66.7M10xas long as short