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+0.0007%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h +0.030%
Price spread now: Deribit against gTrade (Gains Network)+0.065%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.065% dearer against gTrade (Gains Network) than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) UNI/USD8.8889L +0.0004% / S −0.0005%pay 0.0001% / 1h14m 01s$73K150x
ShortDeribit UNI_USDC-PERPETUAL8.89470.0011get 0.0001% / 1h14m 01s$590K$270K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against gTrade (Gains Network). 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
$1.45
Price spread: +0.065% → 0.000%
$6.47
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$9.09
Costs to cover
0.170%
Break-even
51.0 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: live order book, 25 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 gTrade (Gains Network) no order-book sample
Sell Deribit live order book, 25 min ago7.71 bp13.8 bp −$1422.8 bp −$228doesn't fitdoesn't fit
gTrade (Gains Network): 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%1h8.8899+0.011%$4.7M$8.6M50xas long as short
01 Exchange UNIUSD−0.0008%1h8.8886−0.003%$444$510xas long as short
gTrade (Gains Network) UNI/USDlongL +0.0004% / S −0.0005%1h8.8889long leg$73K150x
Deribit UNI_USDC-PERPETUALshort+0.0011%1h8.8947+0.065%$590K$270K50x
Injective UNI/USDC PERP+0.0033%1h8.8300−0.663%$660$153K12xas long as short
Nado UNI-PERP+0.0040%1h8.8808−0.092%$727K$4.7M10xas long as short
Polymarket Perps UNI-USD+0.0089%1h8.8832−0.064%$104K$616K10xas long as short
Lighter UNI+0.0096%1h8.9005+0.130%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8927+0.042%$25K20xas long as short
Hyperliquid UNI+0.0100%1h8.9011+0.137%$94.9M$67.7M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster UNIUSDT+0.0100%8h8.8934+0.050%$723K$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.8921+0.036%$288K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.8875−0.016%$215.3M$652.6M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8820−0.078%$98.4M$110.5M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8810−0.089%$54.4M$261.8M50xas long as short
Arcus UNI-USD+0.0100%1h8.8910+0.024%$317K$690K10xas long as short
Gate UNI_USDT+0.0100%8h8.8890+0.001%$26.2M$66.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8830−0.066%$48.1M$26.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8880−0.010%$12.9M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8820−0.078%$32.5M$45.3M75xas long as short
BingX UNI-USDT+0.0100%8h8.8830−0.066%$58.1Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8991+0.115%$1.1M$2.5M10xas long as short
Variational Omni UNI+0.0100%8h8.8681−0.234%$4.1M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h8.8824−0.074%$168K$348K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8706−0.206%$615K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8670−0.246%$89K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.8800−0.100%$14K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8880−0.010%$16K$2.2M10xas long as short
SunX UNI-USDT+0.0100%8h8.8904+0.017%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8865−0.027%$32K$886K10xas long as short
HTX UNI-USDT+0.0100%8h8.9064+0.197%$703K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8830−0.066%$26.8M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8784−0.119%$291K$1.8M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8890+0.001%$32K3xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8950+0.069%$926K$5.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8880−0.010%$10.0M$3.6M75xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8868−0.023%$632K120xas long as short
Reya UNIRUSDPERP+0.0381%1h8.8744−0.163%$16K20xas long as short
Aftermath Perps UNIUSD+0.0395%1h8.8728−0.181%$1K$52K10xas long as short
dYdX UNI-USD+0.0568%1h8.8943+0.061%$234K$30K10xas long as short