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 −0.174%
Price spread now: OKX against Injective+0.555%78s7-day average −0.069% · 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+0.388%+$39 on $10k
Price spread, last 4 days (all we have)−0.732%−$73 · spread now +0.555%, 7d avg −0.069%
Together, before fees−0.344%−$34 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 OKX is 0.624% dearer against Injective than usual: you sell high and buy low: +$62 more if the spread goes back to its 7-day average of −0.069%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective UNI/USDC PERP8.83000.0033pay 0.0004% / 1h18m 00s$660$153K12x
ShortOKX UNI-USDT-SWAP8.87900.0100get 0.0100% / 8h18m 00s$54.3M$261.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.555% → −0.069%
$62.44
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee OKX: 5 bp × 2 orders
−$10
Net
$66.42
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago0.56 bp7.3 bp −$713.9 bp −$13953.7 bp −$5,373doesn'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−0.0306%1h8.8732+0.489%$4.7M$8.6M50xas long as short
01 Exchange UNIUSD−0.0008%1h8.8701+0.454%$443$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.8699+0.452%$73K150xas long as short
Injective UNI/USDC PERPlong+0.0033%1h8.8300long leg$660$153K12x
Nado UNI-PERP+0.0041%1h8.8580+0.317%$725K$4.7M10xas long as short
Polymarket Perps UNI-USD+0.0077%1h8.8663+0.411%$105K$615K10xas long as short
Lighter UNI+0.0096%1h8.8808+0.575%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8605+0.345%$25K20xas long as short
Hyperliquid UNI+0.0100%1h8.8786+0.550%$94.6M$67.6M10xas long as short
Aster UNIUSDT+0.0100%8h8.8811+0.579%$722K$3.3M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.8640+0.385%$287K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.8800+0.566%$215.1M$652.4M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8760+0.521%$98.3M$110.6M75xas long as short
OKX UNI-USDT-SWAPshort+0.0100%8h8.8790+0.555%$54.3M$261.9M50x
Arcus UNI-USD+0.0100%1h8.8730+0.487%$317K$690K10xas long as short
Gate UNI_USDT+0.0100%8h8.8730+0.487%$26.1M$66.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8770+0.532%$48.1M$26.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8690+0.442%$13.0M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8770+0.532%$32.5M$45.2M75xas long as short
BingX UNI-USDC+0.0100%8h8.8690+0.442%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8762+0.523%$1.0M$2.5M10xas long as short
Variational Omni UNI+0.0100%8h8.8330+0.033%$4.1M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h8.8146−0.174%$167K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8389+0.101%$613K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8200−0.113%$89K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.8670+0.419%$14K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8690+0.442%$16K$2.2M10xas long as short
SunX UNI-USDT+0.0100%8h8.8747+0.506%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8681+0.431%$32K$886K10xas long as short
HTX UNI-USDT+0.0100%8h8.8770+0.532%$701K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8660+0.408%$26.8M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8735+0.492%$285K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8705+0.459%$31K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0143%1h8.8760+0.522%$588K$270K50xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8700+0.453%$923K$5.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8680+0.430%$10.1M$3.6M75xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8697+0.450%$631K120xas long as short
Reya UNIRUSDPERP+0.0381%1h8.8618+0.360%$16K20xas long as short
Aftermath Perps UNIUSD+0.0395%1h8.8507+0.234%$1K$52K10xas long as short
dYdX UNI-USD+0.0562%1h8.8633+0.377%$233K$30K10xas long as short