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+0.0067%/8h= +7.3% APRpaid last 24h −0.157%
Price spread now: HTX against Injective+0.858%7-day average +0.104% · 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 7 days+0.488%+$49 on $10k
Price spread, last 4 days (all we have)−0.849%−$85 · spread now +0.858%, 7d avg +0.104%
Together, before fees−0.362%−$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.755% dearer against Injective than usual: you sell high and buy low: +$75 more if the spread goes back to its 7-day average of +0.104%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective UNI/USDC PERP8.83000.0033pay 0.0004% / 1h11m 07s$660$153K12x
ShortHTX UNI-USDT8.90580.0100get 0.0100% / 8h11m 07s$703K$4.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Injective. 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
$14
Price spread: +0.858% → +0.104%
$75.47
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee HTX: 6 bp × 2 orders
−$12
Net
$77.45
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; HTX: live order book, 3 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 Injective no order-book sample
Sell HTX live order book, 3 min ago4.56 bp10.6 bp −$1134.4 bp −$344228.4 bp −$22.8Kdoesn't fit
Injective: 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−0.0305%1h8.9026+0.822%$4.7M$8.6M50xas long as short
01 Exchange UNIUSD0.0000%1h8.9029+0.826%$444$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.8931+0.715%$76K150xas long as short
Injective UNI/USDC PERPlong+0.0033%1h8.8300long leg$660$153K12x
Nado UNI-PERP+0.0042%1h8.8965+0.753%$729K$4.7M10xas long as short
Lighter UNI+0.0096%1h8.9078+0.881%$4.5M$5.6M15xas long as short
Polymarket Perps UNI-USD+0.0098%1h8.8980+0.770%$104K$616K10xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8958+0.745%$25K20xas long as short
Hyperliquid UNI+0.0100%1h8.9105+0.912%$95.0M$67.7M10xas long as short
Aster UNIUSDT+0.0100%8h8.9020+0.815%$723K$3.2M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.9010+0.804%$288K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.9020+0.815%$216.5M$652.2M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8990+0.781%$98.6M$110.4M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9000+0.793%$54.5M$262.0M50xas long as short
Arcus UNI-USD+0.0100%1h8.9090+0.895%$321K$693K10xas long as short
Gate UNI_USDT+0.0100%8h8.8990+0.781%$26.1M$66.7M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8990+0.781%$48.1M$26.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8970+0.759%$13.0M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8950+0.736%$32.5M$45.2M75xas long as short
BingX UNI-USDC+0.0100%8h8.8980+0.770%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9074+0.877%$1.1M$2.5M10xas long as short
Variational Omni UNI+0.0100%8h8.8681+0.432%$4.1M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h8.8783+0.547%$168K$348K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8913+0.695%$617K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8890+0.668%$89K$710K50xas long as short
StandX UNI-USD+0.0100%1h8.8950+0.736%$14K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8960+0.747%$17K$2.2M10xas long as short
SunX UNI-USDT+0.0100%8h8.9069+0.871%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8948+0.734%$32K$886K10xas long as short
HTX UNI-USDTshort+0.0100%8h8.9058+0.858%$703K$4.7M75x
Phemex UNIUSDT+0.0100%8h8.8980+0.770%$26.9M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8919+0.701%$291K$1.8M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8965+0.753%$32K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0138%1h8.9001+0.794%$590K$270K50xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.9100+0.906%$927K$5.5M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8940+0.725%$10.0M$3.6M75xas long as short
Aftermath Perps UNIUSD+0.0375%1h8.8831+0.602%$1K$52K10xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.9007+0.801%$632K120xas long as short
Reya UNIRUSDPERP+0.0381%1h8.8955+0.742%$16K20xas long as short
dYdX UNI-USD+0.0569%1h8.8948+0.733%$234K$30K10xas long as short