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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0205%/8h= +22.4% APRpaid last 24h −0.029%
Price spread now: Variational Omni against Nado+0.126%7-day average −0.053% · 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 3 days (all we have)−0.053%−$5 on $10k
Price spread, last 7 days−0.157%−$16 · spread now +0.126%, 7d avg −0.053%
Together, before fees−0.211%+ Points / potential airdropNado: Active · Variational Omni: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Variational Omni is 0.179% dearer against Nado than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.053%. Mind the row above: over the last 3 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.053% in total (about -5.6% a year). A funding rate is set anew for every payment. 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-PERP8.8460−0.0105get 0.0013% / 1h28m 29s$818K$4.7M10x
ShortVariational Omni UNI8.85710.0100get 0.0100% / 8h2h 28m$4.1M$4.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$42.98
Price spread: +0.126% → −0.053%
$17.89
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$53.87
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Nado: live order book, 5 min ago; Variational Omni: RFQ quote, 1 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 Nado live order book, 5 min ago0.06 bp7.0 bp −$714.9 bp −$149doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 1 min ago3.27 bpdoesn't fit20.1 bp −$201doesn'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
Nado UNI-PERPlong−0.0105%1h8.8460long leg$818K$4.7M10x
01 Exchange UNIUSD−0.0040%1h8.8559+0.112%$442$510xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.8711+0.283%$4.7M$8.6M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8799+0.383%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.181%$660$153K12xas long as short
Polymarket Perps UNI-USD+0.0094%1h8.8513+0.060%$103K$524K10xas long as short
Lighter UNI+0.0096%1h8.8631+0.193%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8476+0.019%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8560+0.113%$749K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.8575+0.130%$284K$616K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8550+0.102%$216.4M$662.8M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8500+0.045%$99.0M$112.7M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8510+0.057%$54.0M$264.0M50xas long as short
Arcus UNI-USD+0.0100%1h8.8610+0.170%$316K$700K10xas long as short
Gate UNI_USDT+0.0100%8h8.8480+0.023%$24.0M$65.6M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8530+0.079%$49.2M$27.0M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8520+0.068%$12.9M$13.6M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8490+0.034%$32.4M$46.6M75xas long as short
BingX UNI-USDC+0.0100%8h8.8490+0.034%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8720+0.294%$1.0M$2.4M10xas long as short
Variational Omni UNIshort+0.0100%8h8.8571+0.126%$4.1M$4.2M
edgeX UNIUSDC+0.0100%4h8.8670+0.238%$168K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8540+0.090%$617K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8700+0.271%$91K$706K50xas long as short
StandX UNI-USD+0.0100%1h8.8600+0.158%$15K$3.4M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8780+0.362%$16K$1.6M10xas long as short
SunX UNI-USDT+0.0100%8h8.8746+0.323%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8690+0.260%$32K$874K10xas long as short
HTX UNI-USDT+0.0100%8h8.9033+0.648%$714K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8700+0.271%$26.8M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8450−0.011%$299K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8768+0.348%$31K3xas long as short
Hyperliquid UNI+0.0127%1h8.8635+0.198%$94.3M$66.5M10xas long as short
dYdX UNI-USD+0.0168%1h8.8520+0.068%$233K$31K10xas long as short
Coinbase International UNI-PERP-INTX+0.0184%1h8.8750+0.328%$926K$5.8M50xas long as short
Deribit UNI_USDC-PERPETUAL+0.0217%1h8.8821+0.408%$568K$204K50xas long as short
BloFin UNI-USDT+0.0220%8h8.8660+0.226%$10.0M$3.6M75xas long as short
Reya UNIRUSDPERP+0.0376%1h8.8498+0.043%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8814+0.401%$632K120xas long as short
Aftermath Perps UNIUSD+0.0663%1h8.8728+0.303%$902$45K10xas long as short