Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Nado against Backpack+0.029%7-day average −0.460% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs+$27as in the Price arb table
costs, in and out, $10k−$220.223% of the position
Funding, last 3 days (all we have)−0.011%−$1 on $10k
+Price spread, last 7 days−0.545%−$54 · spread now +0.029%, 7d avg −0.460%
=Together, before fees−0.556%+ Points / potential airdropNado: Active · farm board−$56 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: Nado is 0.489% dearer against Backpack than usual: you sell high and buy low, +$49 on $10k if it goes back to its 7-day average of −0.460%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack UNI_USDC_PERP | 8.9034 | 0.0100 | pay 0.0013% / 1h | 20m 44s | $987K | $2.3M | 10x |
| Short | Nado UNI-PERP | 8.9060 | 0.0100 | get 0.0012% / 1h | 20m 44s | $861K | $4.0M | 10x |
Backpack UNI_USDC_PERP
Nado UNI-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.029% → −0.460%
- $48.9
- Slippage, 4 orders
- −$5.32
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $26.58
- Costs to cover
- 0.223%
- Break-even
- from the start
Slippage from Backpack: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack live order book, 3 min ago | 0.22 bp | 7.2 bp −$7 | 75.2 bp −$752 | doesn't fit | doesn't fit |
| Sell Nado live order book, 3 min ago | 0.06 bp | 5.1 bp −$5 | 13.9 bp −$139 | doesn't fit | doesn't fit |
UNI on 40 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0161% | 8h | 8.9562 | +0.593% | $4.0M | $4.6M | — | as long as short |
| Bybit UNIUSDT | −0.0111% | 8h | 8.8990 | −0.049% | $101.5M | $106.0M | 75x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.9035 | +0.001% | $563K | $138K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.9010 | −0.027% | $80K | — | 150x | as long as short |
| OKX UNI-USDT-SWAP | +0.0022% | 8h | 8.8980 | −0.061% | $54.8M | $248.1M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0024% | 1h | 8.9125 | +0.102% | $445 | — | 10x | as long as short |
| dYdX UNI-USD | +0.0078% | 1h | 8.9116 | +0.092% | $247K | $5K | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9063 | +0.033% | $25K | — | 20x | as long as short |
| Nado UNI-PERPshort | +0.0100% | 1h | 8.9060 | +0.029% | $861K | $4.0M | 10x | |
| Aster UNIUSDT | +0.0100% | 8h | 8.9050 | +0.018% | $1.0M | $3.4M | 50x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
dYdX UNI-USD
Paradex UNI-USD-PERP
Aster UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.9120 | +0.097% | $301K | $564K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9000 | −0.038% | $217.5M | $595.3M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9170 | +0.153% | $275K | $612K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9000 | −0.038% | $23.1M | $59.3M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9030 | −0.004% | $43.2M | $24.7M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8990 | −0.049% | $13.4M | $13.9M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8970 | −0.072% | $32.3M | $41.5M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8990 | −0.049% | — | $49.9M | — | as long as short |
| Backpack UNI_USDC_PERPlong | +0.0100% | 1h | 8.9034 | long leg | $987K | $2.3M | 10x | |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9114 | +0.090% | $168K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9080 | +0.052% | $619K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9120 | +0.097% | $84K | $712K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9150 | +0.130% | $106K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9082 | +0.054% | $94K | $331K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8970 | −0.072% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9130 | +0.108% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8987 | −0.053% | $25K | $666K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9140 | +0.119% | $727K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9030 | −0.004% | $26.8M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8969 | −0.073% | $308K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9005 | −0.033% | $32K | $1K | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.9170 | +0.153% | $1.0M | $5.4M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8950 | −0.094% | $9.8M | $3.4M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0267% | 1h | 8.9029 | −0.006% | $5.0M | $7.1M | 50x | as long as short |
| Hyperliquid UNI | +0.0293% | 1h | 8.9135 | +0.113% | $97.0M | $59.8M | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0360% | 1h | 8.8948 | −0.097% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0379% / S −0.0320% | 1h | 8.8995 | −0.043% | $559K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0526% | 1h | 8.9147 | +0.127% | $1K | $50K | 10x | as long as short |
| Lighter UNI | +0.0560% | 1h | 8.9176 | +0.159% | $4.6M | $5.4M | 15x | as long as short |
| Injective UNI/USDC PERP | +0.2702% | 1h | 8.7900 | −1.274% | $657 | $97K | 12x | as long as short |
Pacifica UNI
Binance UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Hyperliquid UNI
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD
Lighter UNI
Injective UNI/USDC PERP