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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0576%/8h= −63.1% APRnext payment $0.72 per $10,000 · paid last 24h −0.164%
Price spread now: 01 Exchange against Lighter−0.141%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and 01 Exchange is 0.141% cheaper against Lighter than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter UNI8.98330.0664pay 0.0083% / 1h4m 24s$4.6M$5.2M15x
Short01 Exchange UNIUSD8.97060.0088get 0.0011% / 1h4m 24s$44810x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Lighter. 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
−$120.96
Price spread: −0.141% → 0.000%
−$14.14
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$142.1
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 9 min ago; 01 Exchange: no order-book sample. 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 Lighter live order book, 9 min ago1.79 bp5.8 bp −$613.5 bp −$13590.7 bp −$9,073doesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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
Variational Omni UNI−0.0030%8h8.9413−0.468%$4.0M$4.6Mas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9664−0.188%$62K150xas long as short
Bybit UNIUSDT+0.0019%8h8.9640−0.215%$102.4M$104.8M75xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.706%$660$155K12xas long as short
OKX UNI-USDT-SWAP+0.0061%8h8.9630−0.226%$55.4M$247.8M50xas long as short
01 Exchange UNIUSDshort+0.0088%1h8.9706−0.141%$44810x
Paradex UNI-USD-PERP+0.0100%8h8.9574−0.288%$26K20xas long as short
Nado UNI-PERP+0.0100%1h8.9650−0.204%$948K$4.1M10xas long as short
Aster UNIUSDT+0.0100%8h8.9700−0.148%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9639−0.216%$298K$584K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9671−0.180%$220.7M$591.2M75xas long as short
Arcus UNI-USD+0.0100%1h8.9700−0.148%$276K$621K10xas long as short
Gate UNI_USDT+0.0100%8h8.9660−0.193%$23.1M$59.0M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9680−0.170%$43.3M$24.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9630−0.226%$13.6M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9630−0.226%$32.5M$41.4M75xas long as short
BingX UNI-USDC+0.0100%8h8.9640−0.215%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9633−0.223%$995K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.9307−0.586%$168K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9280−0.616%$628K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9370−0.515%$88K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.9660−0.193%$107K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9671−0.180%$87K$356K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9650−0.204%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9692−0.157%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9590−0.271%$25K$663K10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0100%1h8.9678−0.173%$570K$157K50xas long as short
HTX UNI-USDT+0.0100%8h8.9714−0.132%$734K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9610−0.248%$27.0M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.9573−0.290%$302K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9675−0.176%$32K$1K3xas long as short
dYdX UNI-USD+0.0117%1h8.9637−0.218%$248K$6K10xas long as short
BloFin UNI-USDT+0.0220%8h8.9620−0.237%$9.9M$3.4M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.9670−0.181%$1.1M$5.4M50xas long as short
Kraken Futures PF_UNIUSD+0.0338%1h8.9660−0.193%$5.0M$7.0M50xas long as short
Reya UNIRUSDPERP+0.0363%1h8.9630−0.226%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0380% / S −0.0320%1h8.9668−0.184%$563K120xas long as short
Hyperliquid UNI+0.0455%1h8.9804−0.033%$98.9M$59.3M10xas long as short
Lighter UNIlong+0.0664%1h8.9833long leg$4.6M$5.2M15x
Aftermath Perps UNIUSD+0.0665%1h8.9460−0.415%$1K$49K10xas long as short