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−0.0136%/8h= −14.9% APRnext payment $0.17 per $10,000 · paid last 24h 0.000%
Price spread now: Nado against SoDEX+0.084%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$290.293% 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)−0.260%−$26 · spread now +0.084%, 7d avg −0.037%
Together, before fees−0.264%+ Points / potential airdropNado: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.121% dearer against SoDEX than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of −0.037%): +$12 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 3 days (−0.004% in total) that is about 3 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX UNI-USD8.97200.0100pay 0.0013% / 1h10m 45s$32K$875K10x
ShortNado UNI-PERP8.9795−0.0036pay 0.0005% / 1h10m 45s$814K$4.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$28.61
Price spread: +0.084% → −0.037%
$12.06
Slippage, 4 orders
−$14.31
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$45.86
Costs to cover
0.293%
Break-even
never at this rate
Slippage from SoDEX: live order book, 38 min ago; Nado: live order book, 3 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, 38 min ago0.62 bp9.9 bp −$1028.7 bp −$287135.7 bp −$13.6Kdoesn't fit
Sell Nado live order book, 3 min ago0.11 bp5.3 bp −$514.5 bp −$145doesn'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-PERPshort−0.0036%1h8.9795+0.084%$814K$4.6M10x
Kraken Futures PF_UNIUSD−0.0017%1h8.9741+0.024%$4.8M$8.5M50xas long as short
01 Exchange UNIUSD0.0000%1h8.9826+0.118%$448$510xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.9692−0.032%$574K$202K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9705−0.016%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.583%$660$153K12xas long as short
Polymarket Perps UNI-USD+0.0086%1h8.9727+0.008%$102K$561K10xas long as short
Lighter UNI+0.0096%1h8.9775+0.061%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9761+0.046%$26K20xas long as short
Aster UNIUSDT+0.0100%8h8.9715−0.005%$742K$3.6M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.9788+0.076%$288K$612K10xas long as short
Binance UNIUSDT+0.0100%8h8.9710−0.011%$218.4M$657.8M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9660−0.067%$100.1M$111.7M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9650−0.078%$54.5M$267.0M50xas long as short
Arcus UNI-USD+0.0100%1h8.9860+0.156%$320K$705K10xas long as short
Gate UNI_USDT+0.0100%8h8.9670−0.056%$24.6M$66.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9680−0.045%$49.4M$27.2M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9710−0.011%$13.2M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9640−0.089%$33.1M$45.6M75xas long as short
BingX UNI-USDC+0.0100%8h8.9660−0.067%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9753+0.037%$1.1M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.9649−0.079%$4.1M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h9.0114+0.439%$170K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9851+0.146%$623K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0220+0.557%$91K$708K50xas long as short
StandX UNI-USD+0.0100%1h8.9900+0.201%$15K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9660−0.067%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9699−0.023%$36K$1.4M30xas long as short
SoDEX UNI-USDlong+0.0100%1h8.9720long leg$32K$875K10x
HTX UNI-USDT+0.0100%8h8.9825+0.117%$700K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.97200.000%$27.1M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.9617−0.115%$301K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9664−0.062%$32K3xas long as short
dYdX UNI-USD+0.0150%1h8.9665−0.061%$236K$31K10xas long as short
Coinbase International UNI-PERP-INTX+0.0184%1h8.9760+0.045%$939K$5.6M50xas long as short
Hyperliquid UNI+0.0191%1h8.9780+0.067%$96.0M$66.6M10xas long as short
BloFin UNI-USDT+0.0220%8h8.9690−0.033%$10.0M$3.7M75xas long as short
Reya UNIRUSDPERP+0.0377%1h8.9757+0.041%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.9709−0.012%$638K120xas long as short
Aftermath Perps UNIUSD+0.0477%1h8.9732+0.013%$1K$54K10xas long as short