Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: HTX against Binance−0.262%53s7-day average +0.120% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$490.487% of the position

Long on Binance Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.066%+$7 on $10k

Price spread, last 3 days (all we have)+0.436%+$44 · spread now −0.262%, 7d avg +0.120%

Together, before fees+0.502%+$50 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: HTX is 0.382% cheaper against Binance than usual: you would sell low and buy high, −$38 on $10k if it goes back to its 7-day average of +0.120%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UNIUSDT	9.0638	0.0100	pay 0.0100% / 8h	6h 26m	$226.3M	$610.5M	75x
Short	HTX UNI-USDT	9.0400	0.0100	get 0.0100% / 8h	6h 26m	$719K	$4.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee HTXbpOrdersPrice spread, now −0.262%Rate

Funding earned: $0
Price spread: −0.262% → +0.120%: −$38.19
Slippage, 4 orders: −$26.7
Fee Binance: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$86.89
Costs to cover: 0.487%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; HTX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 3 min ago	0.55 bp	6.5 bp −$7	13.5 bp −$135	35.1 bp −$3,506	167.8 bp −$83.9K
Sell HTX live order book, 3 min ago	9.29 bp	16.3 bp −$16	42.1 bp −$421	doesn't fit	doesn't fit

UNI on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0618	−0.021%	$19K	—	150x	as long as short
dYdX UNI-USD	+0.0020%	1h	9.0397	−0.266%	$238K	$30K	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.579%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0040%	1h	9.0519	−0.131%	$452	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0572	−0.072%	$947K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0736	+0.108%	$98.6M	$60.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0493	−0.160%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0420	−0.240%	$296K	$574K	10x	as long as short
Binance UNIUSDTlong	+0.0100%	8h	9.0638	long leg	$226.3M	$610.5M	75x
Bybit UNIUSDT	+0.0100%	8h	9.0600	−0.042%	$101.4M	$107.4M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0600	−0.042%	$55.9M	$253.7M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0510	−0.141%	$287K	$641K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0610	−0.031%	$23.2M	$58.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0600	−0.042%	$49.8M	$26.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0580	−0.064%	$13.4M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0610	−0.031%	$33.2M	$42.8M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0600	−0.042%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0262	−0.414%	$990K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0580	−0.064%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0414	−0.247%	$170K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0275	−0.400%	$628K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0420	−0.240%	$88K	$699K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0510	−0.141%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0630	−0.008%	$86K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0630	−0.008%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0544	−0.103%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0236	−0.443%	$22K	$710K	10x	as long as short
HTX UNI-USDTshort	+0.0100%	8h	9.0400	−0.262%	$719K	$4.2M	75x
Phemex UNIUSDT	+0.0100%	8h	9.0260	−0.417%	$27.3M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0391	−0.272%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0361	−0.305%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0646	+0.009%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0178%	1h	9.0396	−0.267%	$587K	$200K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.0360	−0.306%	$1.1M	$4.7M	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	9.0573	−0.072%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0620	−0.019%	$645K	—	120x	as long as short
Lighter UNI	+0.0424%	1h	9.0570	−0.075%	$4.7M	$5.3M	15x	as long as short
Kraken Futures PF_UNIUSD	+0.0425%	1h	9.0267	−0.409%	$5.0M	$6.9M	50x	as long as short
Aftermath Perps UNIUSD	+0.0948%	1h	9.0328	−0.341%	$901	$48K	10x	as long as short