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−0.0305%/8h= −33.4% APRnext payment $0.38 per $10,000 · paid last 24h +0.034%
Price spread now: Kraken Futures against 01 Exchange−0.051%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Kraken Futures is 0.051% cheaper against 01 Exchange than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange UNIUSD8.90290get 0.0000% / 1h11m 27s$444$510x
ShortKraken Futures PF_UNIUSD8.8984−0.0305pay 0.0038% / 1h11m 27s$4.7M$8.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against 01 Exchange. 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
−$64.15
Price spread: −0.051% → 0.000%
−$5.06
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$86.2
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Kraken Futures: live order book, 3 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 01 Exchange no order-book sample
Sell Kraken Futures live order book, 3 min ago2.82 bp13.2 bp −$1317.0 bp −$17040.5 bp −$4,047doesn't fit
01 Exchange: 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
Kraken Futures PF_UNIUSDshort−0.0305%1h8.8984−0.051%$4.7M$8.6M50x
01 Exchange UNIUSDlong0.0000%1h8.9029long leg$444$510x
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.8931−0.110%$76K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.819%$660$153K12xas long as short
Nado UNI-PERP+0.0042%1h8.8965−0.072%$729K$4.7M10xas long as short
Lighter UNI+0.0096%1h8.9101+0.081%$4.5M$5.6M15xas long as short
Polymarket Perps UNI-USD+0.0098%1h8.8980−0.055%$104K$616K10xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8958−0.080%$25K20xas long as short
Hyperliquid UNI+0.0100%1h8.9095+0.074%$95.0M$67.7M10xas long as short
Aster UNIUSDT+0.0100%8h8.8966−0.071%$723K$3.2M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.9010−0.021%$288K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.8912−0.132%$216.2M$652.1M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8880−0.167%$98.5M$110.4M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8880−0.167%$54.5M$261.6M50xas long as short
Arcus UNI-USD+0.0100%1h8.9090+0.069%$321K$693K10xas long as short
Gate UNI_USDT+0.0100%8h8.8930−0.111%$26.1M$66.7M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8970−0.066%$48.1M$26.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8960−0.078%$13.0M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8960−0.078%$32.5M$45.2M75xas long as short
BingX UNI-USDC+0.0100%8h8.8910−0.134%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9008−0.024%$1.1M$2.5M10xas long as short
Variational Omni UNI+0.0100%8h8.8681−0.391%$4.1M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h8.8783−0.277%$168K$348K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8913−0.130%$617K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8890−0.156%$89K$710K50xas long as short
StandX UNI-USD+0.0100%1h8.8950−0.089%$14K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8960−0.078%$17K$2.2M10xas long as short
SunX UNI-USDT+0.0100%8h8.8968−0.069%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8923−0.119%$32K$886K10xas long as short
HTX UNI-USDT+0.0100%8h8.9026−0.003%$702K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8890−0.156%$26.8M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8966−0.071%$291K$1.8M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8935−0.106%$32K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0104%1h8.8993−0.041%$590K$270K50xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.9040+0.012%$927K$5.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8860−0.190%$10.0M$3.6M75xas long as short
Aftermath Perps UNIUSD+0.0375%1h8.8831−0.222%$1K$52K10xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8945−0.095%$633K120xas long as short
Reya UNIRUSDPERP+0.0381%1h8.8955−0.083%$16K20xas long as short
dYdX UNI-USD+0.0569%1h8.8948−0.091%$234K$30K10xas long as short