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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0520%/8h= +56.9% APRnext payment +$0.65 per $10,000 · paid last 24h +0.161%
Price spread now: Lighter against Aevo+0.214%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Lighter is 0.214% dearer against Aevo than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo UNI-PERP8.79810.0104pay 0.0013% / 1h4m 29s$31K$1K3x
ShortLighter UNI8.81690.0624get 0.0078% / 1h4m 29s$4.5M$5.4M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aevo. 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
$109.2
Price spread: +0.214% → 0.000%
$21.42
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Lighter: 0 bp × 2 orders
$0
Net
$114.62
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 4 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 Aevo no order-book sample
Sell Lighter live order book, 4 min ago0.96 bp4.2 bp −$49.0 bp −$9084.7 bp −$8,471doesn't fit
Aevo: 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
Variational Omni UNI−0.0110%8h8.7751−0.261%$3.9M$4.7Mas long as short
Bybit UNIUSDT−0.0061%8h8.7940−0.046%$100.3M$106.2M75xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.7989+0.009%$79K150xas long as short
OKX UNI-USDT-SWAP+0.0032%8h8.7940−0.046%$54.4M$245.8M50xas long as short
01 Exchange UNIUSD+0.0048%1h8.8015+0.039%$43910xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.7956−0.028%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.7982+0.002%$849K$4.0M10xas long as short
Aster UNIUSDT+0.0100%8h8.8034+0.060%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.8000+0.022%$299K$565K10xas long as short
Binance UNIUSDT+0.0100%8h8.7976−0.005%$215.1M$597.5M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h8.8050+0.079%$271K$612K10xas long as short
Gate UNI_USDT+0.0100%8h8.7950−0.035%$22.8M$59.6M75xas long as short
MEXC UNI_USDT+0.0100%8h8.7970−0.012%$42.5M$24.9M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.7950−0.035%$13.3M$13.9M75xas long as short
Bitget UNIUSDT+0.0100%8h8.7950−0.035%$31.9M$41.6M75xas long as short
BingX UNI-USDC+0.0100%8h8.7940−0.046%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8016+0.040%$979K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.8113+0.150%$166K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8116+0.154%$612K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8010+0.033%$83K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.7940−0.046%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.7970−0.012%$86K$347K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.7960−0.023%$15K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.7966−0.017%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.7959−0.025%$25K$668K10xas long as short
HTX UNI-USDT+0.0100%8h8.8152+0.195%$719K$4.4M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8010+0.033%$26.5M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.7935−0.051%$300K$1.5M25xas long as short
Aevo UNI-PERPlong+0.0104%1h8.7981long leg$31K$1K3x
Deribit UNI_USDC-PERPETUAL+0.0133%1h8.8016+0.040%$562K$155K50xas long as short
dYdX UNI-USD+0.0192%1h8.8007+0.030%$244K$6K10xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8000+0.022%$1.0M$5.3M50xas long as short
BloFin UNI-USDT+0.0220%8h8.7970−0.012%$9.8M$3.4M75xas long as short
Kraken Futures PF_UNIUSD+0.0270%1h8.8061+0.091%$4.9M$7.2M50xas long as short
Hyperliquid UNI+0.0324%1h8.8088+0.122%$96.3M$59.9M10xas long as short
Reya UNIRUSDPERP+0.0361%1h8.7940−0.046%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0320%1h8.7968−0.015%$552K120xas long as short
Aftermath Perps UNIUSD+0.0593%1h8.8173+0.219%$1K$50K10xas long as short
Lighter UNIshort+0.0624%1h8.8169+0.214%$4.5M$5.4M15x
Injective UNI/USDC PERP+0.2702%1h8.7900−0.092%$657$97K12xas long as short