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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.026%
Price spread now: Bybit against SoDEX−0.249%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$370.370% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.048%−$5 on $10k
Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.249%, 7d avg −0.055%
Together, before fees−0.060%−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.195% cheaper against SoDEX than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX UNI-USD8.86310.0100pay 0.0013% / 1h30m 32s$32K$857K10x
ShortBybit UNIUSDT8.84100.0100get 0.0100% / 8h2h 30m$98.8M$112.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against SoDEX. 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
$0
Price spread: −0.249% → −0.055%
−$19.45
Slippage, 4 orders
−$18.04
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$56.49
Costs to cover
0.370%
Break-even
never at this rate
Slippage from SoDEX: live order book, 18 min ago; Bybit: live order book, 3 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 SoDEX live order book, 18 min ago0.62 bp9.9 bp −$1028.7 bp −$287135.7 bp −$13.6Kdoesn't fit
Sell Bybit live order book, 3 min ago0.56 bp10.2 bp −$1018.7 bp −$18741.0 bp −$4,104doesn'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-PERP−0.0119%1h8.8550−0.091%$821K$4.7M10xas long as short
01 Exchange UNIUSD−0.0048%1h8.8464−0.188%$441$510xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.8680+0.055%$4.8M$8.5M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8630−0.002%$48K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.373%$660$153K12xas long as short
Polymarket Perps UNI-USD+0.0085%1h8.8602−0.033%$96K$515K10xas long as short
Lighter UNI+0.0096%1h8.8572−0.067%$4.5M$5.5M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8443−0.212%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8510−0.137%$748K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.8487−0.162%$283K$612K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8460−0.193%$214.9M$659.2M75xas long as short
Bybit UNIUSDTshort+0.0100%8h8.8410−0.249%$98.8M$112.3M75x
OKX UNI-USDT-SWAP+0.0100%8h8.8400−0.261%$53.8M$263.0M50xas long as short
Arcus UNI-USD+0.0100%1h8.8500−0.148%$316K$700K10xas long as short
Gate UNI_USDT+0.0100%8h8.8410−0.249%$23.9M$65.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8450−0.204%$46.3M$26.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8460−0.193%$13.0M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8380−0.283%$32.5M$46.4M75xas long as short
BingX UNI-USDC+0.0100%8h8.8410−0.249%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8697+0.074%$1.0M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8571−0.067%$4.1M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.8670+0.044%$168K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8791+0.180%$619K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8700+0.078%$91K$706K50xas long as short
StandX UNI-USD+0.0100%1h8.8710+0.089%$15K$3.4M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8630−0.001%$16K$1.6M10xas long as short
SunX UNI-USDT+0.0100%8h8.8685+0.061%$36K$1.4M30xas long as short
SoDEX UNI-USDlong+0.0100%1h8.8631long leg$32K$857K10x
HTX UNI-USDT+0.0100%8h8.8697+0.074%$708K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8630−0.001%$26.8M$4.3M50xas long as short
Extended UNI-USD+0.0104%1h8.8376−0.288%$286K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8574−0.065%$31K3xas long as short
Hyperliquid UNI+0.0133%1h8.8606−0.028%$94.3M$66.4M10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0150%1h8.8693+0.070%$568K$203K50xas long as short
dYdX UNI-USD+0.0175%1h8.8485−0.165%$233K$31K10xas long as short
Coinbase International UNI-PERP-INTX+0.0184%1h8.8630−0.001%$926K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8640+0.010%$10.0M$3.6M75xas long as short
Reya UNIRUSDPERP+0.0376%1h8.8578−0.060%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8616−0.017%$631K120xas long as short
Aftermath Perps UNIUSD+0.0634%1h8.8773+0.160%$915$45K10xas long as short