Data
Every swap in the UNI/WETH 0.3% pool on Ethereum, 2024-11-04 to 2026-10-26, valued at Binance one-minute prices.
Fees taken by arbitrageExcludes the week of 2026-10-26, an outlier (86% with it).
93%
$10.02M of $10.74M in LP fees
Weeks LPs lost money−$335,891 lost across those weeks.
14 of 104
Worst: week of 2025-10-06, −$137,516
Funding from the fee ruleNext week's fee = 0.5 × last week's loss ÷ volume, capped at 0.30%. This is funding raised, not loss recovered, and it assumes the fee costs the pool no volume. Paying the same fee straight to LPs earns more on average (data/benchmark_dynamic_fee.py).
Up to 49%
of measured loss, upper bound, 102 week pairs
Weekly fees, arbitrage loss and LP net
Arbitrage loss = fees minus LP net. Hover the chart to read a week.
Worst week
2025-10-06
Fees / $1M
$1,653
Arbitrage loss / $1M
$8,154
LP net / $1M
−$6,500
LP net, pool
−$137,516
ETH vol · swaps
108% · 1,957
Outlier: week of 2026-10-26 (shaded, off-scale). On 29 Oct 2026, 22:34–22:42 UTC, about 1M UNI was sold into the pool at 20–28% below the Binance price. LPs bought cheaply and gained about $787k that week, which the method books as negative arbitrage loss. It is not arbitrage, so headline totals are shown without it. It does not change the losing-week count. The week's fee total is also about 3× DefiLlama's estimate (other checked weeks match within about 1–12%). Source: data/README.md.
All 104 weeks as a table
| Week | ETH vol | Swaps | TVL | Fees | Arb loss | LP net | Net / $1M |
|---|---|---|---|---|---|---|---|
| 2024-11-04 | 69% | 2,630 | $29,245,477 | $192,316 | $166,938 | $25,378 | $868 |
| 2024-11-11 | 89% | 2,578 | $32,025,531 | $242,804 | $188,733 | $54,070 | $1,688 |
| 2024-11-18 | 69% | 3,254 | $35,837,867 | $315,243 | $291,314 | $23,928 | $668 |
| 2024-11-25 | 67% | 3,926 | $41,667,430 | $360,195 | $347,612 | $12,583 | $302 |
| 2024-12-02 | 64% | 5,664 | $45,518,338 | $737,470 | $689,600 | $47,869 | $1,052 |
| 2024-12-09 | 78% | 4,074 | $44,900,682 | $478,369 | $456,082 | $22,287 | $496 |
| 2024-12-16 | 93% | 4,244 | $40,048,266 | $441,426 | $389,550 | $51,876 | $1,295 |
| 2024-12-23 | 58% | 2,839 | $41,243,360 | $195,397 | $180,391 | $15,006 | $364 |
| 2024-12-30 | 44% | 1,859 | $44,863,997 | $154,196 | $147,254 | $6,942 | $155 |
| 2025-01-06 | 60% | 2,201 | $47,389,283 | $207,680 | $199,245 | $8,435 | $178 |
| 2025-01-13 | 91% | 2,173 | $48,237,360 | $232,334 | $245,712 | −$13,378 | −$277 |
| 2025-01-20 | 74% | 2,116 | $45,224,202 | $215,834 | $204,646 | $11,187 | $247 |
| 2025-01-27 | 73% | 3,606 | $39,811,179 | $278,124 | $242,192 | $35,932 | $903 |
| 2025-02-03 | 125% | 4,422 | $33,372,627 | $214,388 | $164,004 | $50,384 | $1,510 |
| 2025-02-10 | 61% | 3,268 | $37,193,538 | $164,278 | $148,109 | $16,169 | $435 |
| 2025-02-17 | 63% | 3,789 | $37,327,328 | $155,212 | $125,246 | $29,965 | $803 |
| 2025-02-24 | 119% | 4,225 | $32,652,432 | $250,597 | $351,284 | −$100,687 | −$3,084 |
| 2025-03-03 | 101% | 3,589 | $30,887,118 | $160,076 | $137,206 | $22,870 | $740 |
| 2025-03-10 | 91% | 2,914 | $26,972,324 | $97,306 | $80,128 | $17,178 | $637 |
| 2025-03-17 | 49% | 2,588 | $27,102,179 | $145,255 | $100,648 | $44,607 | $1,646 |
| 2025-03-24 | 55% | 2,485 | $26,088,164 | $85,667 | $77,232 | $8,435 | $323 |
| 2025-03-31 | 73% | 2,266 | $24,642,658 | $90,188 | $70,441 | $19,746 | $801 |
| 2025-04-07 | 112% | 2,105 | $22,265,722 | $76,837 | $77,861 | −$1,025 | −$46 |
| 2025-04-14 | 58% | 1,439 | $21,605,429 | $38,735 | $37,408 | $1,327 | $61 |
| 2025-04-21 | 72% | 2,237 | $24,016,012 | $89,427 | $81,615 | $7,812 | $325 |
| 2025-04-28 | 51% | 2,182 | $26,673,546 | $62,980 | $57,394 | $5,586 | $209 |
| 2025-05-05 | 91% | 2,746 | $21,552,897 | $62,764 | $37,026 | $25,738 | $1,194 |
| 2025-05-12 | 83% | 2,375 | $21,095,539 | $46,272 | $40,680 | $5,592 | $265 |
| 2025-05-19 | 77% | 2,649 | $24,527,881 | $76,343 | $67,422 | $8,921 | $364 |
| 2025-05-26 | 58% | 4,221 | $28,391,517 | $265,073 | $267,105 | −$2,031 | −$72 |
| 2025-06-02 | 53% | 2,519 | $34,653,225 | $212,669 | $265,359 | −$52,690 | −$1,520 |
| 2025-06-09 | 67% | 3,799 | $25,821,179 | $190,655 | $166,023 | $24,631 | $954 |
| 2025-06-16 | 82% | 4,244 | $23,227,762 | $135,965 | $137,212 | −$1,247 | −$54 |
| 2025-06-23 | 62% | 2,494 | $26,480,483 | $130,012 | $131,297 | −$1,285 | −$49 |
| 2025-06-30 | 46% | 2,474 | $27,180,770 | $114,523 | $103,615 | $10,909 | $401 |
| 2025-07-07 | 57% | 2,513 | $34,309,633 | $173,019 | $153,830 | $19,189 | $559 |
| 2025-07-14 | 71% | 4,081 | $41,676,830 | $337,868 | $330,714 | $7,154 | $172 |
| 2025-07-21 | 66% | 3,561 | $46,849,786 | $236,321 | $234,932 | $1,389 | $30 |
| 2025-07-28 | 62% | 2,683 | $45,947,111 | $154,445 | $154,943 | −$498 | −$11 |
| 2025-08-04 | 59% | 2,378 | $50,597,157 | $192,367 | $194,840 | −$2,473 | −$49 |
| 2025-08-11 | 74% | 3,345 | $48,536,225 | $248,745 | $267,617 | −$18,872 | −$389 |
| 2025-08-18 | 78% | 1,713 | $43,966,164 | $51,105 | $42,099 | $9,007 | $205 |
| 2025-08-25 | 67% | 1,016 | $34,139,805 | $14,428 | $10,159 | $4,269 | $125 |
| 2025-09-01 | 50% | 944 | $32,233,860 | $16,801 | $8,049 | $8,751 | $271 |
| 2025-09-08 | 44% | 1,631 | $32,665,741 | $34,143 | $30,201 | $3,941 | $121 |
| 2025-09-15 | 43% | 1,505 | $31,192,926 | $56,086 | $34,968 | $21,118 | $677 |
| 2025-09-22 | 57% | 973 | $23,544,586 | $9,794 | $7,836 | $1,959 | $83 |
| 2025-09-29 | 46% | 1,156 | $22,590,675 | $15,612 | $11,669 | $3,943 | $175 |
| 2025-10-06 | 108% | 1,957 | $21,154,678 | $34,971 | $172,486 | −$137,516 | −$6,500 |
| 2025-10-13 | 75% | 1,484 | $18,990,195 | $9,864 | $8,433 | $1,431 | $75 |
| 2025-10-20 | 60% | 1,442 | $18,778,276 | $16,040 | $14,573 | $1,467 | $78 |
| 2025-10-27 | 61% | 1,482 | $17,433,988 | $14,864 | $13,673 | $1,191 | $68 |
| 2025-11-03 | 89% | 2,563 | $15,913,912 | $27,200 | $25,537 | $1,664 | $105 |
| 2025-11-10 | 86% | 9,593 | $24,001,361 | $223,235 | $182,286 | $40,948 | $1,706 |
| 2025-11-17 | 93% | 3,904 | $21,591,167 | $51,244 | $48,923 | $2,321 | $107 |
| 2025-11-24 | 61% | 2,246 | $19,935,655 | $9,874 | $9,389 | $484 | $24 |
| 2025-12-01 | 72% | 2,285 | $18,656,792 | $9,247 | $8,509 | $738 | $40 |
| 2025-12-08 | 64% | 2,523 | $20,345,090 | $35,954 | $36,491 | −$537 | −$26 |
| 2025-12-15 | 70% | 4,881 | $19,175,894 | $68,333 | $61,671 | $6,662 | $347 |
| 2025-12-22 | 41% | 3,973 | $23,657,312 | $62,596 | $58,359 | $4,237 | $179 |
| 2025-12-29 | 38% | 3,094 | $24,570,967 | $41,211 | $39,782 | $1,429 | $58 |
| 2026-01-05 | 46% | 2,702 | $23,852,647 | $39,281 | $41,484 | −$2,203 | −$92 |
| 2026-01-12 | 48% | 1,942 | $22,883,664 | $11,104 | $8,703 | $2,400 | $105 |
| 2026-01-19 | 59% | 1,600 | $21,027,168 | $9,362 | $6,974 | $2,389 | $114 |
| 2026-01-26 | 85% | 1,663 | $17,755,336 | $10,198 | $7,244 | $2,954 | $166 |
| 2026-02-02 | 132% | 2,616 | $11,168,732 | $19,255 | $14,801 | $4,454 | $399 |
| 2026-02-09 | 75% | 4,352 | $13,640,292 | $43,013 | $42,315 | $698 | $51 |
| 2026-02-16 | 58% | 2,894 | $14,748,471 | $13,355 | $11,054 | $2,301 | $156 |
| 2026-02-23 | 81% | 4,179 | $15,577,449 | $30,401 | $24,913 | $5,488 | $352 |
| 2026-03-02 | 76% | 2,962 | $16,403,380 | $27,223 | $23,972 | $3,250 | $198 |
| 2026-03-09 | 63% | 2,566 | $16,852,655 | $20,239 | $17,107 | $3,132 | $186 |
| 2026-03-16 | 65% | 2,293 | $16,111,400 | $13,130 | $10,698 | $2,432 | $151 |
| 2026-03-23 | 68% | 1,729 | $15,352,174 | $8,771 | $7,937 | $834 | $54 |
| 2026-03-30 | 54% | 2,128 | $14,613,254 | $12,289 | $7,955 | $4,333 | $297 |
| 2026-04-06 | 54% | 1,538 | $14,490,357 | $5,810 | $3,313 | $2,497 | $172 |
| 2026-04-13 | 53% | 1,800 | $14,979,717 | $12,154 | $10,787 | $1,368 | $91 |
| 2026-04-20 | 44% | 999 | $14,420,581 | $11,033 | $9,519 | $1,514 | $105 |
| 2026-04-27 | 40% | 605 | $14,161,427 | $7,035 | $5,408 | $1,627 | $115 |
| 2026-05-04 | 39% | 2,593 | $15,358,901 | $32,278 | $22,244 | $10,034 | $653 |
| 2026-05-11 | 39% | 1,501 | $15,645,675 | $9,524 | $7,779 | $1,745 | $112 |
| 2026-05-18 | 42% | 1,850 | $14,848,685 | $12,836 | $10,166 | $2,670 | $180 |
| 2026-05-25 | 39% | 1,283 | $13,425,911 | $5,495 | $4,825 | $670 | $50 |
| 2026-06-01 | 93% | 1,823 | $11,292,747 | $6,341 | $4,174 | $2,168 | $192 |
| 2026-06-08 | 58% | 1,389 | $10,545,368 | $3,805 | $3,242 | $563 | $53 |
| 2026-06-15 | 55% | 6,602 | $12,349,168 | $109,681 | $111,132 | −$1,451 | −$118 |
| 2026-06-22 | 64% | 2,288 | $11,725,616 | $29,696 | $26,560 | $3,136 | $267 |
| 2026-06-29 | 54% | 2,446 | $12,436,930 | $37,595 | $30,992 | $6,603 | $531 |
| 2026-07-06 | 47% | 3,772 | $13,892,762 | $68,782 | $62,274 | $6,508 | $468 |
| 2026-07-13 | 45% | 2,660 | $14,557,148 | $39,439 | $35,052 | $4,387 | $301 |
| 2026-07-20 | 38% | 2,934 | $15,151,358 | $38,446 | $34,786 | $3,660 | $242 |
| 2026-07-27 | 44% | 3,760 | $15,541,731 | $59,438 | $53,479 | $5,959 | $383 |
| 2026-08-03 | 31% | 3,540 | $15,903,180 | $14,015 | $12,099 | $1,916 | $121 |
| 2026-08-10 | 27% | 3,391 | $14,645,839 | $11,581 | $9,179 | $2,402 | $164 |
| 2026-08-17 | 76% | 5,874 | $13,125,348 | $88,473 | $76,935 | $11,538 | $879 |
| 2026-08-24 | 50% | 12,845 | $15,050,871 | $25,449 | $21,283 | $4,166 | $277 |
| 2026-08-31 | 47% | 13,187 | $17,372,585 | $158,407 | $123,104 | $35,303 | $2,032 |
| 2026-09-07 | 47% | 6,705 | $15,322,605 | $82,181 | $68,714 | $13,467 | $879 |
| 2026-09-14 | 54% | 8,417 | $15,677,574 | $189,307 | $138,236 | $51,071 | $3,258 |
| 2026-09-21 | 47% | 7,047 | $18,224,741 | $177,322 | $128,933 | $48,389 | $2,655 |
| 2026-09-28 | 42% | 4,150 | $16,458,382 | $51,886 | $40,579 | $11,307 | $687 |
| 2026-10-05 | 37% | 3,084 | $14,575,131 | $43,639 | $31,429 | $12,210 | $838 |
| 2026-10-12 | 54% | 3,289 | $13,792,516 | $47,575 | $38,321 | $9,255 | $671 |
| 2026-10-19 | 46% | 3,218 | $14,028,457 | $42,979 | $37,815 | $5,164 | $368 |
| 2026-10-26 (outlier) | 48% | 4,810 | $14,038,846 | $300,053 | −$487,452 | $787,505 | $56,095 |