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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Nado against Extended+0.086%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−$19as in the Price arb table
costs, in and out, $10k−$220.221% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.018%−$2 on $10k
Price spread, last 7 days−0.041%−$4 · spread now +0.086%, 7d avg +0.057%
Together, before fees−0.060%+ Points / potential airdropExtended: Active · Nado: Active · farm board−$6 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 0.030% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended UNI-USD8.91850.0104pay 0.0013% / 1h23m 32s$284K$1.6M25x
ShortNado UNI-PERP8.92620.0100get 0.0012% / 1h23m 32s$953K$4.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Extended. 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
−$0.84
Price spread: +0.086% → +0.057%
$2.96
Slippage, 4 orders
−$10.14
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$20.02
Costs to cover
0.221%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; Nado: live order book, 5 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 Extended live order book, 5 min ago2.62 bp5.2 bp −$58.9 bp −$89doesn't fitdoesn't fit
Sell Nado live order book, 5 min ago0.72 bp5.5 bp −$614.9 bp −$149doesn'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
01 Exchange UNIUSD0.0000%1h8.9381+0.219%$446$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9297+0.125%$49K150xas long as short
Deribit UNI_USDC-PERPETUAL+0.0030%1h8.9355+0.190%$573K$208K50xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.993%$660$154K12xas long as short
Lighter UNI+0.0096%1h8.9398+0.238%$4.5M$5.9M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9262+0.085%$25K20xas long as short
Nado UNI-PERPshort+0.0100%1h8.9262+0.086%$953K$4.5M10x
Hyperliquid UNI+0.0100%1h8.9354+0.189%$95.0M$64.1M10xas long as short
Aster UNIUSDT+0.0100%8h8.9359+0.195%$781K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.9284+0.110%$290K$608K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9347+0.182%$220.5M$647.0M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9280+0.106%$100.2M$111.8M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9270+0.095%$54.5M$260.3M50xas long as short
Arcus UNI-USD+0.0100%1h8.9390+0.229%$317K$661K10xas long as short
Gate UNI_USDT+0.0100%8h8.9260+0.084%$23.9M$64.0M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9300+0.128%$47.7M$26.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9290+0.117%$13.2M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9270+0.095%$33.1M$45.4M75xas long as short
BingX UNI-USDT+0.0100%8h8.9240+0.061%$56.6Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9309+0.139%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h8.9508+0.362%$4.2M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.9522+0.377%$169K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9410+0.252%$621K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9600+0.465%$92K$702K50xas long as short
StandX UNI-USD+0.0100%1h8.9390+0.229%$15K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9317+0.147%$86K$437K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9330+0.162%$16K$1.4M10xas long as short
SunX UNI-USDT+0.0100%8h8.9512+0.366%$37K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9280+0.106%$31K$818K10xas long as short
HTX UNI-USDT+0.0100%8h8.9500+0.353%$700K$4.9M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9310+0.140%$27.0M$4.4M50xas long as short
Extended UNI-USDlong+0.0104%1h8.9185long leg$284K$1.6M25x
Aevo UNI-PERP+0.0104%1h8.9318+0.149%$32K3xas long as short
Coinbase International UNI-PERP-INTX+0.0216%1h8.9560+0.420%$933K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9490+0.341%$10.2M$3.5M75xas long as short
Kraken Futures PF_UNIUSD+0.0272%1h8.9341+0.174%$4.9M$8.1M50xas long as short
dYdX UNI-USD+0.0276%1h8.9263+0.087%$235K$30K10xas long as short
Reya UNIRUSDPERP+0.0375%1h8.9246+0.068%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.9352+0.186%$636K120xas long as short
Aftermath Perps UNIUSD+0.0779%1h8.9605+0.470%$948$45K10xas long as short