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 0.000%

Price spread now: Gate against BingX0.000%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$530.530% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days0.000%$0 · spread now 0.000%, 7d avg +0.011%

Together, before fees−0.001%$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX UNI-USDC	8.8210	0.0100	pay 0.0100% / 8h	24m 15s	—	$6.5M	—
Short	Gate UNI_USDT	8.8210	0.0100	get 0.0100% / 8h	24m 15s	$25.9M	$66.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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 BingXbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.011%: −$1.14
Slippage, 4 orders: −$28
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$54.14
Costs to cover: 0.530%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; Gate: live order book, 5 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 BingX live order book, 2 min ago	1.13 bp	12.9 bp −$13	29.1 bp −$291	86.3 bp −$8,631	687.9 bp −$344.0K
Sell Gate live order book, 5 min ago	1.13 bp	13.0 bp −$13	16.4 bp −$164	32.4 bp −$3,244	55.0 bp −$27.5K

UNI on 40 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
Kraken Futures PF_UNIUSD	−0.0308%	1h	8.8219	+0.011%	$4.6M	$8.6M	50x	as long as short
01 Exchange UNIUSD	−0.0016%	1h	8.8232	+0.025%	$440	$5	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8253	+0.048%	$584K	$264K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.8296	+0.098%	$48K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	+0.102%	$660	$153K	12x	as long as short
Nado UNI-PERP	+0.0041%	1h	8.8168	−0.048%	$722K	$4.7M	10x	as long as short
Polymarket Perps UNI-USD	+0.0057%	1h	8.8216	+0.007%	$104K	$615K	10x	as long as short
Lighter UNI	+0.0096%	1h	8.8322	+0.127%	$4.4M	$5.6M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8168	−0.047%	$25K	—	20x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.8318	+0.122%	$94.1M	$67.5M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster UNIUSDT	+0.0100%	8h	8.8264	+0.062%	$717K	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8211	+0.001%	$285K	$599K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8207	−0.004%	$213.6M	$652.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8150	−0.068%	$97.6M	$110.6M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8160	−0.057%	$54.0M	$260.2M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8230	+0.023%	$315K	$690K	10x	as long as short
Gate UNI_USDTshort	+0.0100%	8h	8.8210	0.000%	$25.9M	$66.4M	75x
MEXC UNI_USDT	+0.0100%	8h	8.8220	+0.011%	$47.9M	$26.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8210	0.000%	$12.9M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8160	−0.057%	$32.3M	$45.3M	75x	as long as short
BingX UNI-USDClong	+0.0100%	8h	8.8210	long leg	—	$6.5M	—
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8297	+0.099%	$1.0M	$2.5M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8189	−0.024%	$4.1M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8421	+0.239%	$167K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8330	+0.136%	$613K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8310	+0.113%	$89K	$709K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8290	+0.091%	$14K	$3.4M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8170	−0.045%	$17K	$2.2M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8243	+0.037%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8157	−0.060%	$32K	$887K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8318	+0.122%	$695K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8260	+0.057%	$26.6M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8132	−0.089%	$285K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8179	−0.035%	$31K	—	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8270	+0.068%	$919K	$5.4M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8240	+0.034%	$10.1M	$3.6M	75x	as long as short
Aftermath Perps UNIUSD	+0.0381%	1h	8.8403	+0.218%	$945	$52K	10x	as long as short
Reya UNIRUSDPERP	+0.0381%	1h	8.8145	−0.074%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.8301	+0.103%	$628K	—	120x	as long as short
dYdX UNI-USD	+0.0560%	1h	8.8223	+0.015%	$232K	$30K	10x	as long as short