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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0181%/8hnext payment $0.23 per $10,000 · paid last 24h −0.034%
Price spread now: SoDEX against Hyperliquid−0.131%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$320.316% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.102%−$10 on $10k
Price spread, last 3 days (all we have)+0.084%+$8 · spread now −0.131%, 7d avg −0.107%
Together, before fees−0.018%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SoDEX is 0.025% cheaper against Hyperliquid than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.107%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid UNI8.82190.0281pay 0.0035% / 1h7m 05s$95.9M$60.3M10x
ShortSoDEX UNI-USD8.81030.0100get 0.0013% / 1h7m 05s$25K$650K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Hyperliquid. 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
−$37.97
Price spread: −0.131% → −0.107%
−$2.49
Slippage, 4 orders
−$14.62
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$72.09
Costs to cover
0.316%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; SoDEX: live order book, 26 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 Hyperliquid live order book, 11 min ago0.06 bp7.8 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell SoDEX live order book, 26 min ago0.57 bp10.4 bp −$1028.2 bp −$282doesn'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
Bybit UNIUSDT−0.0214%8h8.8060−0.180%$102.3M$105.0M75xas long as short
Variational Omni UNI−0.0208%8h8.7835−0.436%$3.8M$5.1Mas long as short
OKX UNI-USDT-SWAP−0.0007%8h8.8100−0.135%$54.7M$247.6M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.8105−0.130%$61K150xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.7992−0.258%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8045−0.197%$825K$3.9M10xas long as short
Aster UNIUSDT+0.0100%8h8.8116−0.117%$1.1M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.8020−0.226%$296K$566K10xas long as short
Binance UNIUSDT+0.0100%8h8.8120−0.112%$216.7M$595.2M75xas long as short
Arcus UNI-USD+0.0100%1h8.8100−0.135%$271K$595K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h8.8100−0.135%$22.7M$59.8M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8100−0.135%$42.4M$24.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8090−0.146%$13.5M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8070−0.169%$31.8M$41.0M75xas long as short
BingX UNI-USDT+0.0100%8h8.8090−0.146%$51.4Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8140−0.090%$982K$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h8.7946−0.309%$165K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.7941−0.315%$611K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.7990−0.260%$83K$727K50xas long as short
StandX UNI-USD+0.0100%1h8.8000−0.248%$85K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8089−0.147%$87K$323K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8060−0.180%$15K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8133−0.097%$36K$1.3M30xas long as short
SoDEX UNI-USDshort+0.0100%1h8.8103−0.131%$25K$650K10x
HTX UNI-USDT+0.0100%8h8.8186−0.037%$708K$4.2M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8110−0.124%$26.5M$4.2M50xas long as short
Extended UNI-USD+0.0104%1h8.8078−0.159%$307K$1.4M25xas long as short
01 Exchange UNIUSD+0.0104%1h8.8122−0.110%$44010xas long as short
Aevo UNI-PERP+0.0104%1h8.8114−0.119%$31K$1K3xas long as short
dYdX UNI-USD+0.0130%1h8.8026−0.219%$244K$5K10xas long as short
Kraken Futures PF_UNIUSD+0.0166%1h8.8163−0.063%$5.0M$7.7M50xas long as short
Deribit UNI_USDC-PERPETUAL+0.0192%1h8.8141−0.088%$547K$126K50xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.7940−0.316%$1.0M$5.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8060−0.180%$9.9M$3.3M75xas long as short
Hyperliquid UNIlong+0.0281%1h8.8219long leg$95.9M$60.3M10x
Reya UNIRUSDPERP+0.0356%1h8.8056−0.185%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0382% / S −0.0324%1h8.8101−0.133%$550K120xas long as short
Aftermath Perps UNIUSD+0.0563%1h8.8049−0.193%$1K$52K10xas long as short
Lighter UNI+0.0704%1h8.8277+0.066%$4.5M$5.3M15xas long as short
Injective UNI/USDC PERP+0.5000%1h9.3200+5.646%$16K$89K12xas long as short