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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0221%/8h= +24.2% APRpaid last 24h −0.029%
Price spread now: Variational Omni against Nado+0.357%7-day average −0.053% · 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 3 days (all we have)−0.053%−$5 on $10k
Price spread, last 7 days−0.388%−$39 · spread now +0.357%, 7d avg −0.053%
Together, before fees−0.441%+ Points / potential airdropNado: Active · Variational Omni: Active · farm board−$44 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Variational Omni is 0.410% dearer against Nado than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of −0.053%. Mind the row above: over the last 3 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.053% in total (about -5.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado UNI-PERP8.8675−0.0121get 0.0015% / 1h33m 12s$826K$4.7M10x
ShortVariational Omni UNI8.89910.0100get 0.0100% / 8h2h 33m$4.1M$4.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$46.33
Price spread: +0.357% → −0.053%
$40.97
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$80.3
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Nado: live order book, 1 min ago; Variational Omni: RFQ quote, 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 Nado live order book, 1 min ago0.06 bp7.0 bp −$714.9 bp −$149doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 1 min ago3.27 bpdoesn't fit16.4 bp −$164doesn'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
Nado UNI-PERPlong−0.0121%1h8.8675long leg$826K$4.7M10x
01 Exchange UNIUSD−0.0056%1h8.8707+0.036%$443$510xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.8762+0.098%$4.8M$8.5M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8718+0.048%$48K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.423%$660$153K12xas long as short
Polymarket Perps UNI-USD+0.0080%1h8.8671−0.005%$96K$514K10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0091%1h8.8766+0.103%$568K$203K50xas long as short
Lighter UNI+0.0096%1h8.8839+0.185%$4.5M$5.5M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8614−0.069%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8749+0.083%$750K$3.6M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.8660−0.017%$284K$612K10xas long as short
Binance UNIUSDT+0.0100%8h8.8760+0.096%$215.6M$659.3M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8760+0.096%$99.1M$112.3M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8700+0.028%$53.9M$263.8M50xas long as short
Arcus UNI-USD+0.0100%1h8.8830+0.175%$317K$700K10xas long as short
Gate UNI_USDT+0.0100%8h8.8730+0.062%$24.0M$65.4M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8740+0.073%$46.5M$26.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8730+0.062%$13.0M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8700+0.028%$32.6M$46.6M75xas long as short
BingX UNI-USDC+0.0100%8h8.8710+0.039%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8796+0.136%$1.0M$2.4M10xas long as short
Variational Omni UNIshort+0.0100%8h8.8991+0.357%$4.1M$4.2M
edgeX UNIUSDC+0.0100%4h8.9193+0.585%$169K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8997+0.364%$621K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9240+0.637%$91K$706K50xas long as short
StandX UNI-USD+0.0100%1h8.8870+0.220%$15K$3.4M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8700+0.028%$16K$1.6M10xas long as short
SunX UNI-USDT+0.0100%8h8.8708+0.037%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8716+0.046%$32K$857K10xas long as short
HTX UNI-USDT+0.0100%8h8.8817+0.160%$708K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8720+0.051%$26.9M$4.3M50xas long as short
Extended UNI-USD+0.0104%1h8.8654−0.024%$286K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8686+0.012%$31K3xas long as short
Hyperliquid UNI+0.0138%1h8.8827+0.171%$94.5M$66.4M10xas long as short
dYdX UNI-USD+0.0160%1h8.8676+0.001%$233K$31K10xas long as short
Coinbase International UNI-PERP-INTX+0.0184%1h8.8800+0.141%$928K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8730+0.062%$10.0M$3.6M75xas long as short
Reya UNIRUSDPERP+0.0376%1h8.8668−0.008%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8733+0.065%$631K120xas long as short
Aftermath Perps UNIUSD+0.0632%1h8.8817+0.160%$915$45K10xas long as short