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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%
Price spread now: Variational Omni against Orderly+0.294%7-day average −0.028% · 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 4 days (all we have)−0.055%−$5 on $10k
Price spread, last 4 days (all we have)−0.720%−$72 · spread now +0.294%, 7d avg −0.028%
Together, before fees−0.775%+ Points / potential airdropVariational Omni: Active · farm board−$78 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.323% dearer against Orderly than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of −0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_UNI_USDC8.87300.0100pay 0.0100% / 8h2h 33m$16K$1.6M10x
ShortVariational Omni UNI8.89910.0100get 0.0100% / 8h2h 33m$4.1M$4.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Orderly. 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
$0
Price spread: +0.294% → −0.028%
$32.26
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$26.26
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 5 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 Orderly no order-book sample
Sell Variational Omni RFQ quote, 5 min ago3.27 bpdoesn't fit15.5 bp −$155doesn't fitdoesn't fit
Orderly: 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
Nado UNI-PERP−0.0123%1h8.8857+0.144%$828K$4.7M10xas long as short
01 Exchange UNIUSD−0.0056%1h8.8860+0.147%$443$510xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.8735+0.006%$4.8M$8.5M50xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.8729−0.001%$568K$203K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8785+0.062%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.485%$660$153K12xas long as short
Polymarket Perps UNI-USD+0.0085%1h8.8812+0.092%$98K$509K10xas long as short
Lighter UNI+0.0096%1h8.8827+0.109%$4.5M$5.5M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8845+0.130%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8700−0.034%$752K$3.6M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.8851+0.136%$284K$612K10xas long as short
Binance UNIUSDT+0.0100%8h8.8650−0.090%$215.4M$659.2M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8600−0.147%$99.0M$112.4M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8600−0.147%$53.8M$263.4M50xas long as short
Arcus UNI-USD+0.0100%1h8.8920+0.214%$317K$700K10xas long as short
Gate UNI_USDT+0.0100%8h8.8700−0.034%$24.0M$65.4M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8740+0.011%$46.6M$26.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8710−0.023%$13.0M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8600−0.147%$32.6M$46.6M75xas long as short
BingX UNI-USDC+0.0100%8h8.8700−0.034%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8721−0.010%$1.0M$2.4M10xas long as short
Variational Omni UNIshort+0.0100%8h8.8991+0.294%$4.1M$4.2M
edgeX UNIUSDC+0.0100%4h8.8799+0.078%$168K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8997+0.301%$621K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8870+0.158%$91K$706K50xas long as short
StandX UNI-USD+0.0100%1h8.9230+0.564%$15K$3.4M20xas long as short
Orderly PERP_UNI_USDClong+0.0100%8h8.8730long leg$16K$1.6M10x
SunX UNI-USDT+0.0100%8h8.8818+0.099%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8689−0.046%$32K$857K10xas long as short
HTX UNI-USDT+0.0100%8h8.8960+0.259%$709K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8720−0.011%$26.9M$4.3M50xas long as short
Extended UNI-USD+0.0104%1h8.8574−0.176%$286K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8700−0.034%$31K3xas long as short
Hyperliquid UNI+0.0133%1h8.8799+0.078%$94.5M$66.4M10xas long as short
dYdX UNI-USD+0.0143%1h8.8906+0.198%$234K$31K10xas long as short
Coinbase International UNI-PERP-INTX+0.0184%1h8.8760+0.034%$928K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9140+0.462%$10.1M$3.6M75xas long as short
Reya UNIRUSDPERP+0.0376%1h8.8748+0.021%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8770+0.046%$632K120xas long as short
Aftermath Perps UNIUSD+0.0616%1h8.8900+0.192%$916$45K10xas long as short