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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h −0.011%
Price spread now: Deribit against SoDEX+0.071%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$460.460% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.027%+$3 on $10k
Price spread, last 3 days (all we have)−0.007%−$1 · spread now +0.071%, 7d avg +0.057%
Together, before fees+0.021%+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.057%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX UNI-USD8.87250.0100pay 0.0013% / 1h31m 04s$25K$670K10x
ShortDeribit UNI_USDC-PERPETUAL8.87880.0152get 0.0019% / 1h31m 04s$554K$129K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against SoDEX. 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
$10.92
Price spread: +0.071% → +0.057%
$1.33
Slippage, 4 orders
−$30.99
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$33.75
Costs to cover
0.460%
Break-even
28.6 days
Slippage from SoDEX: live order book, 18 min ago; Deribit: live order book, 18 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 SoDEX live order book, 18 min ago0.57 bp9.5 bp −$1026.9 bp −$269128.6 bp −$12.9Kdoesn't fit
Sell Deribit live order book, 18 min ago6.71 bp14.0 bp −$1423.5 bp −$235doesn'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
Variational Omni UNI−0.0206%8h8.8156−0.641%$3.9M$4.9Mas long as short
Bybit UNIUSDT−0.0203%8h8.8620−0.118%$103.5M$105.3M75xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.8726+0.001%$62K150xas long as short
OKX UNI-USDT-SWAP+0.0006%8h8.8640−0.096%$54.9M$248.5M50xas long as short
01 Exchange UNIUSD+0.0096%1h8.8696−0.033%$44310xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8598−0.144%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8615−0.124%$850K$3.9M10xas long as short
Hyperliquid UNI+0.0100%1h8.8847+0.138%$96.3M$60.0M10xas long as short
Aster UNIUSDT+0.0100%8h8.8780+0.062%$1.1M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.8630−0.107%$299K$564K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8660−0.073%$217.3M$597.6M75xas long as short
Arcus UNI-USD+0.0100%1h8.8700−0.028%$273K$599K10xas long as short
Gate UNI_USDT+0.0100%8h8.8700−0.028%$22.8M$59.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8740+0.017%$43.3M$24.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8740+0.017%$13.8M$13.7M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8660−0.073%$32.1M$41.2M75xas long as short
BingX UNI-USDC+0.0100%8h8.8680−0.051%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8767+0.047%$982K$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h8.8327−0.448%$166K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8507−0.245%$617K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8400−0.366%$83K$726K50xas long as short
StandX UNI-USD+0.0100%1h8.8320−0.456%$105K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8688−0.042%$89K$342K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8700−0.028%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8691−0.038%$36K$1.3M30xas long as short
SoDEX UNI-USDlong+0.0100%1h8.8725long leg$25K$670K10x
HTX UNI-USDT+0.0100%8h8.8780+0.062%$704K$4.2M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8700−0.028%$26.7M$4.3M50xas long as short
Extended UNI-USD+0.0104%1h8.8633−0.103%$305K$1.4M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8621−0.117%$31K$1K3xas long as short
Deribit UNI_USDC-PERPETUALshort+0.0152%1h8.8788+0.071%$554K$129K50x
Coinbase International UNI-PERP-INTX+0.0192%1h8.8650−0.085%$1.0M$5.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8680−0.051%$9.8M$3.3M75xas long as short
dYdX UNI-USD+0.0228%1h8.8619−0.119%$245K$5K10xas long as short
Kraken Futures PF_UNIUSD+0.0316%1h8.8771+0.052%$5.0M$7.4M50xas long as short
Reya UNIRUSDPERP+0.0358%1h8.8636−0.100%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0321%1h8.8714−0.013%$555K120xas long as short
Aftermath Perps UNIUSD+0.0589%1h8.8398−0.369%$1K$51K10xas long as short
Lighter UNI+0.0640%1h8.8882+0.177%$4.6M$5.3M15xas long as short
Injective UNI/USDC PERP+0.4514%1h8.7900−0.930%$657$97K12xas long as short