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+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against Orderly−0.169%52s7-day average +0.016% · 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 7 days+0.181%+$18 on $10k
Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.169%, 7d avg +0.016%
Together, before fees+0.278%+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.185% cheaper against Orderly than usual: you would sell low and buy high (spread −0.169% now, against its 7-day average of +0.016%). If the spread goes back, that is −$18 on $10k: about 5.1 days of funding at the current rate (+$4 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_UNI_USDC8.87900.0100pay 0.0100% / 8h2h 29m$16K$1.6M10x
ShortBloFin UNI-USDT8.86400.0220get 0.0220% / 8h2h 29m$10.0M$3.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Orderly. 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
$25.2
Price spread: −0.169% → +0.016%
−$18.46
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$11.26
Costs to cover
0.180%
Break-even
10.1 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 4 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 Orderly no order-book sample
Sell BloFin live order book, 4 min ago2.26 bp16.6 bp −$1722.9 bp −$22946.5 bp −$4,648doesn't fit
Orderly: 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
Nado UNI-PERP−0.0111%1h8.8850+0.068%$822K$4.7M10xas long as short
01 Exchange UNIUSD−0.0048%1h8.9008+0.246%$444$510xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.8817+0.030%$4.7M$8.6M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0008%1h8.8799+0.010%$53K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.552%$660$153K12xas long as short
Polymarket Perps UNI-USD+0.0086%1h8.8539−0.283%$96K$515K10xas long as short
Lighter UNI+0.0096%1h8.8772−0.020%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8689−0.114%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8907+0.132%$752K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.8750−0.045%$284K$616K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8852+0.070%$217.2M$662.3M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8780−0.011%$99.3M$112.8M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.87900.000%$54.2M$264.8M50xas long as short
Arcus UNI-USD+0.0100%1h8.9100+0.349%$318K$700K10xas long as short
Gate UNI_USDT+0.0100%8h8.8730−0.068%$24.0M$65.6M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8690−0.113%$49.5M$26.9M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8750−0.045%$12.9M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8830+0.045%$32.6M$46.6M75xas long as short
BingX UNI-USDT+0.0100%8h8.8740−0.056%$57.2Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8868+0.088%$1.0M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8571−0.246%$4.1M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.8670−0.135%$168K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8540−0.282%$617K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8700−0.101%$91K$706K50xas long as short
StandX UNI-USD+0.0100%1h8.8600−0.214%$15K$3.4M20xas long as short
Orderly PERP_UNI_USDClong+0.0100%8h8.8790long leg$16K$1.6M10x
SunX UNI-USDT+0.0100%8h8.8477−0.353%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8785−0.006%$32K$858K10xas long as short
HTX UNI-USDT+0.0100%8h8.8960+0.191%$714K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.87900.000%$26.8M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8726−0.072%$299K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8785−0.006%$32K3xas long as short
Hyperliquid UNI+0.0127%1h8.8936+0.164%$94.6M$66.5M10xas long as short
dYdX UNI-USD+0.0174%1h8.8629−0.181%$233K$31K10xas long as short
Coinbase International UNI-PERP-INTX+0.0184%1h8.8820+0.034%$926K$5.8M50xas long as short
BloFin UNI-USDTshort+0.0220%8h8.8640−0.169%$10.0M$3.6M75x
Deribit UNI_USDC-PERPETUAL+0.0295%1h8.8850+0.067%$569K$204K50xas long as short
Reya UNIRUSDPERP+0.0376%1h8.8908+0.133%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8859+0.078%$633K120xas long as short
Aftermath Perps UNIUSD+0.0631%1h8.8779−0.013%$915$45K10xas long as short