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+0.0179%/8h= +19.6% APRpaid last 24h +0.035%
Price spread now: BloFin against Nado+0.090%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$320.320% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.117%+$12 on $10k
Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.090%, 7d avg +0.054%
Together, before fees+0.097%+ Points / potential airdropNado: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.036% dearer against Nado than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado UNI-PERP8.87800.0041pay 0.0005% / 1h12m 50s$727K$4.7M10x
ShortBloFin UNI-USDT8.88600.0220get 0.0220% / 8h12m 50s$10.0M$3.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Nado. 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
$37.59
Price spread: +0.090% → +0.054%
$3.63
Slippage, 4 orders
−$13
Fee Nado: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
$9.22
Costs to cover
0.320%
Break-even
5.3 days
Slippage from Nado: live order book, 1 min ago; BloFin: live order book, 6 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 Nado live order book, 1 min ago0.45 bp5.4 bp −$514.0 bp −$140doesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago1.13 bp13.2 bp −$1318.5 bp −$18550.8 bp −$5,077doesn'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
Kraken Futures PF_UNIUSD−0.0306%1h8.8886+0.120%$4.7M$8.6M50xas long as short
01 Exchange UNIUSD0.0000%1h8.8887+0.121%$444$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.8872+0.104%$76K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.541%$660$153K12xas long as short
Nado UNI-PERPlong+0.0041%1h8.8780long leg$727K$4.7M10x
Deribit UNI_USDC-PERPETUAL+0.0059%1h8.8935+0.175%$589K$270K50xas long as short
Polymarket Perps UNI-USD+0.0089%1h8.8841+0.069%$104K$616K10xas long as short
Lighter UNI+0.0096%1h8.8985+0.231%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8739−0.047%$25K20xas long as short
Hyperliquid UNI+0.0100%1h8.9081+0.339%$94.9M$67.7M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster UNIUSDT+0.0100%8h8.9006+0.254%$723K$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.8811+0.035%$287K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.8980+0.225%$216.4M$652.6M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8960+0.203%$98.6M$110.5M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8950+0.191%$54.5M$262.1M50xas long as short
Arcus UNI-USD+0.0100%1h8.8930+0.169%$317K$690K10xas long as short
Gate UNI_USDT+0.0100%8h8.8990+0.237%$26.3M$66.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8960+0.203%$48.2M$26.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8940+0.180%$13.0M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8970+0.214%$32.5M$45.3M75xas long as short
BingX UNI-USDC+0.0100%8h8.8970+0.214%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8950+0.191%$1.1M$2.5M10xas long as short
Variational Omni UNI+0.0100%8h8.8681−0.111%$4.1M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h8.8783+0.003%$168K$348K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8888+0.121%$617K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8820+0.045%$89K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.8800+0.023%$14K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8890+0.124%$16K$2.2M10xas long as short
SunX UNI-USDT+0.0100%8h8.8908+0.144%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8849+0.078%$32K$886K10xas long as short
HTX UNI-USDT+0.0100%8h8.8869+0.100%$701K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8890+0.124%$26.8M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8936+0.175%$291K$1.8M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8870+0.101%$32K3xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8870+0.101%$925K$5.4M50xas long as short
BloFin UNI-USDTshort+0.0220%8h8.8860+0.090%$10.0M$3.6M75x
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8868+0.100%$632K120xas long as short
Reya UNIRUSDPERP+0.0381%1h8.8817+0.042%$16K20xas long as short
Aftermath Perps UNIUSD+0.0383%1h8.8755−0.028%$1K$52K10xas long as short
dYdX UNI-USD+0.0568%1h8.8792+0.014%$234K$30K10xas long as short