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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0666%/8h= +72.9% APRpaid last 24h +0.207%
Price spread now: Lighter against Variational Omni+0.444%7-day average +0.141% · 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)+0.322%+$32 on $10k
Price spread, last 7 days−0.224%−$22 · spread now +0.444%, 7d avg +0.141%
Together, before fees+0.098%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Lighter is 0.303% dearer against Variational Omni than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.141%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni UNI8.8274−0.0066get 0.0066% / 8h1h 25m$3.9M$4.5M
ShortLighter UNI8.86660.0600get 0.0075% / 1h25m 43s$4.5M$5.2M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Variational Omni. 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
$139.8
Price spread: +0.444% → +0.141%
$30.31
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
$170.1
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Lighter: live order book, 7 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 Variational Omni RFQ quote, 3 min ago3.27 bpdoesn't fit12.1 bp −$121doesn't fitdoesn't fit
Sell Lighter live order book, 7 min ago0.85 bp1.1 bp −$110.9 bp −$109103.9 bp −$10.4Kdoesn'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
Variational Omni UNIlong−0.0066%8h8.8274long leg$3.9M$4.5M
Bybit UNIUSDT−0.0004%8h8.8520+0.279%$100.9M$104.4M75xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.8485+0.239%$61K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300+0.029%$660$155K12xas long as short
OKX UNI-USDT-SWAP+0.0043%8h8.8590+0.358%$54.8M$244.2M50xas long as short
01 Exchange UNIUSD+0.0056%1h8.8482+0.236%$44210xas long as short
Deribit UNI_USDC-PERPETUAL+0.0080%1h8.8503+0.259%$562K$157K50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8472+0.224%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8445+0.194%$940K$4.0M10xas long as short
Aster UNIUSDT+0.0100%8h8.8570+0.335%$1.0M$3.3M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.8526+0.286%$297K$570K10xas long as short
Binance UNIUSDT+0.0100%8h8.8485+0.239%$217.2M$588.1M75xas long as short
Arcus UNI-USD+0.0100%1h8.8730+0.517%$283K$615K10xas long as short
Gate UNI_USDT+0.0100%8h8.8610+0.381%$23.0M$58.6M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8510+0.267%$42.8M$24.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8490+0.245%$13.5M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8620+0.392%$32.1M$41.4M75xas long as short
BingX UNI-USDT+0.0100%8h8.8610+0.381%$51.7Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8470+0.222%$982K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.8335+0.069%$166K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8402+0.145%$613K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8370+0.109%$87K$712K50xas long as short
StandX UNI-USD+0.0100%1h8.8280+0.007%$105K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8468+0.220%$86K$353K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8460+0.211%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8470+0.222%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8420+0.165%$25K$666K10xas long as short
HTX UNI-USDT+0.0100%8h8.8526+0.286%$727K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8420+0.165%$26.6M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8609+0.379%$299K$1.4M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8461+0.212%$31K$1K3xas long as short
dYdX UNI-USD+0.0155%1h8.8536+0.297%$245K$6K10xas long as short
BloFin UNI-USDT+0.0220%8h8.8350+0.086%$9.8M$3.3M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.8510+0.267%$1.0M$5.3M50xas long as short
Hyperliquid UNI+0.0313%1h8.8651+0.427%$97.2M$59.3M10xas long as short
Kraken Futures PF_UNIUSD+0.0342%1h8.8496+0.252%$4.9M$7.0M50xas long as short
Reya UNIRUSDPERP+0.0362%1h8.8415+0.160%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0319%1h8.8464+0.216%$554K120xas long as short
Lighter UNIshort+0.0600%1h8.8666+0.444%$4.5M$5.2M15x
Aftermath Perps UNIUSD+0.0623%1h8.8381+0.121%$1K$49K10xas long as short