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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0264%/8h= +28.9% APRnext payment +$0.33 per $10,000 · paid last 24h +0.072%
Price spread now: Reya against Pacifica−0.041%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 airdropPacifica: Active · Reya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.041% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica UNI8.97550.0100pay 0.0013% / 1h24m 14s$297K$593K10x
ShortReya UNIRUSDPERP8.97190.0364get 0.0046% / 1h24m 14s$16K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Pacifica. 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
$55.47
Price spread: −0.041% → 0.000%
−$4.06
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
$37.4
Costs to cover
0.140%
Break-even
2.3 days
Slippage unknown: Pacifica: live order book, 54 min ago; Reya: 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 Pacifica live order book, 54 min ago1.12 bp8.4 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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
Injective UNI/USDC PERP−0.0049%1h8.8300−1.621%$660$155K12xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9754−0.002%$62K150xas long as short
Deribit UNI_USDC-PERPETUAL+0.0029%1h8.9765+0.011%$578K$176K50xas long as short
Variational Omni UNI+0.0051%8h8.9935+0.200%$4.1M$4.4Mas long as short
Bybit UNIUSDT+0.0091%8h8.9710−0.050%$101.8M$105.0M75xas long as short
OKX UNI-USDT-SWAP+0.0091%8h8.9700−0.062%$54.9M$248.8M50xas long as short
Nado UNI-PERP+0.0100%1h8.9765+0.011%$953K$4.2M10xas long as short
Aster UNIUSDT+0.0100%8h8.9790+0.039%$1.0M$3.3M50xas long as short
Pacifica UNIlong+0.0100%1h8.9755long leg$297K$593K10x
Binance UNIUSDT+0.0100%8h8.9736−0.021%$222.0M$590.2M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h8.9840+0.094%$265K$632K10xas long as short
Gate UNI_USDT+0.0100%8h8.9740−0.017%$22.9M$58.8M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9730−0.028%$43.6M$24.0M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9750−0.006%$13.6M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9700−0.062%$32.8M$42.1M75xas long as short
BingX UNI-USDT+0.0100%8h8.9730−0.028%$52.0Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9804+0.054%$1.0M$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h8.9917+0.181%$169K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0060+0.340%$632K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9950+0.217%$88K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.9880+0.139%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9766+0.012%$85K$363K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9730−0.028%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9840+0.094%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9728−0.030%$21K$676K10xas long as short
HTX UNI-USDT+0.0100%8h8.9915+0.178%$717K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9730−0.028%$27.1M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9739−0.018%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9677−0.088%$303K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9743−0.013%$32K$1K3xas long as short
dYdX UNI-USD+0.0174%1h8.9788+0.037%$249K$6K10xas long as short
01 Exchange UNIUSD+0.0176%1h8.9806+0.057%$44810xas long as short
BloFin UNI-USDT+0.0220%8h8.9730−0.028%$10.0M$3.5M75xas long as short
Coinbase International UNI-PERP-INTX+0.0232%1h8.9860+0.117%$1.1M$5.4M50xas long as short
Reya UNIRUSDPERPshort+0.0364%1h8.9719−0.041%$16K20x
GMX UNI/USD [UNI-USDC]L +0.0382% / S −0.0323%1h8.9747−0.009%$568K120xas long as short
Hyperliquid UNI+0.0514%1h8.9829+0.082%$98.5M$59.0M10xas long as short
Kraken Futures PF_UNIUSD+0.0564%1h8.9799+0.049%$5.0M$7.0M50xas long as short
Aftermath Perps UNIUSD+0.0808%1h8.9951+0.218%$1K$49K10xas long as short
Lighter UNI+0.0872%1h8.9913+0.176%$4.6M$5.2M15xas long as short