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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.03 per $10,000 · paid last 24h −0.006%
Price spread now: Nado against 01 Exchange−0.028%7-day average · you buy dearer than you sell
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Funding pays, the price is against you. Nado is 0.028% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4.4 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange UNIUSD8.8865−0.0048get 0.0006% / 1h52m 29s$443$510x
ShortNado UNI-PERP8.8840−0.0027pay 0.0003% / 1h52m 29s$740K$4.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against 01 Exchange. 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
$4.44
Price spread: −0.028% → 0.000%
−$2.81
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$12.37
Costs to cover
0.140%
Break-even
26.5 days
Slippage unknown: 01 Exchange: no order-book sample; Nado: live order book, 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 01 Exchange no order-book sample
Sell Nado live order book, 1 min ago0.62 bp5.9 bp −$613.5 bp −$135doesn't fitdoesn't fit
01 Exchange: 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
Kraken Futures PF_UNIUSD−0.0306%1h8.8803−0.070%$4.7M$8.7M50xas long as short
01 Exchange UNIUSDlong−0.0048%1h8.8865long leg$443$510x
Nado UNI-PERPshort−0.0027%1h8.8840−0.028%$740K$4.7M10x
Deribit UNI_USDC-PERPETUAL0.0000%1h8.8793−0.081%$585K$250K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8779−0.097%$49K150xas long as short
Polymarket Perps UNI-USD+0.0017%1h8.8838−0.030%$106K$616K10xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.636%$660$153K12xas long as short
Lighter UNI+0.0096%1h8.8891+0.029%$4.5M$5.5M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8723−0.160%$25K20xas long as short
Hyperliquid UNI+0.0100%1h8.8948+0.093%$94.6M$67.5M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster UNIUSDT+0.0100%8h8.8886+0.023%$728K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.8790−0.084%$284K$590K10xas long as short
Binance UNIUSDT+0.0100%8h8.8850−0.017%$214.6M$657.7M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8820−0.051%$98.4M$111.4M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8830−0.039%$54.1M$264.8M50xas long as short
Arcus UNI-USD+0.0100%1h8.8910+0.051%$320K$698K10xas long as short
Gate UNI_USDT+0.0100%8h8.8760−0.118%$25.3M$65.7M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8770−0.107%$48.5M$26.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8790−0.084%$13.0M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8820−0.051%$32.5M$45.4M75xas long as short
BingX UNI-USDC+0.0100%8h8.8760−0.118%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8795−0.079%$1.1M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8409−0.514%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.8477−0.437%$167K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8728−0.154%$616K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8520−0.388%$89K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.8880+0.017%$15K$3.4M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8740−0.141%$16K$2.1M10xas long as short
SunX UNI-USDT+0.0100%8h8.8891+0.029%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8737−0.144%$32K$888K10xas long as short
HTX UNI-USDT+0.0100%8h8.8861−0.005%$696K$4.8M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8780−0.096%$26.8M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8747−0.133%$289K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8729−0.153%$31K3xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8780−0.096%$924K$5.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8800−0.073%$10.0M$3.6M75xas long as short
Reya UNIRUSDPERP+0.0380%1h8.8807−0.065%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8768−0.110%$632K120xas long as short
Aftermath Perps UNIUSD+0.0493%1h8.8719−0.164%$1K$53K10xas long as short
dYdX UNI-USD+0.0584%1h8.8840−0.028%$234K$30K10xas long as short