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

UNI

all UNI markets
SwapBacktest
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 +0.026%
Price spread now: Gate against Bybit−0.211%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$440.440% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 7 days+0.236%+$24 · spread now −0.211%, 7d avg +0.043%
Together, before fees+0.225%+$22 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: Gate is 0.254% cheaper against Bybit than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit UNIUSDT9.02000.0100pay 0.0100% / 8h6h 32m$100.9M$107.8M75x
ShortGate UNI_USDT9.00100.0100get 0.0100% / 8h6h 32m$22.9M$58.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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
$0
Price spread: −0.211% → +0.043%
−$25.41
Slippage, 4 orders
−$18.03
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$69.44
Costs to cover
0.440%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago0.56 bp9.4 bp −$916.6 bp −$16641.3 bp −$4,134doesn't fit
Sell Gate live order book, 1 min ago0.56 bp14.9 bp −$1523.5 bp −$23540.6 bp −$4,05962.8 bp −$31.4K

UNI on 39 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
Deribit UNI_USDC-PERPETUAL0.0000%1h8.9910−0.321%$584K$201K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9887−0.347%$19K150xas long as short
01 Exchange UNIUSD+0.0024%1h8.9883−0.351%$44910xas long as short
dYdX UNI-USD+0.0024%1h9.0226+0.028%$238K$30K10xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−2.106%$660$154K12xas long as short
Nado UNI-PERP+0.0100%1h8.9820−0.421%$928K$4.3M10xas long as short
Hyperliquid UNI+0.0100%1h9.0301+0.112%$98.0M$60.0M10xas long as short
Aster UNIUSDT+0.0100%8h9.0068−0.146%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.0231+0.035%$295K$580K10xas long as short
Binance UNIUSDT+0.0100%8h9.0251+0.056%$225.2M$613.1M75xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit UNIUSDTlong+0.0100%8h9.0200long leg$100.9M$107.8M75x
OKX UNI-USDT-SWAP+0.0100%8h9.0210+0.011%$55.6M$254.1M50xas long as short
Arcus UNI-USD+0.0100%1h9.0290+0.100%$286K$633K10xas long as short
Gate UNI_USDTshort+0.0100%8h9.0010−0.211%$22.9M$58.4M75x
MEXC UNI_USDT+0.0100%8h9.0210+0.011%$49.4M$26.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0030−0.188%$13.4M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0210+0.011%$33.0M$42.8M75xas long as short
BingX UNI-USDT+0.0100%8h8.9980−0.244%$57.3Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9889−0.345%$983K$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.9961−0.265%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.9955−0.272%$169K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0031−0.187%$631K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0020−0.200%$88K$706K50xas long as short
StandX UNI-USD+0.0100%1h8.9990−0.233%$55K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9858−0.379%$85K$410K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9910−0.322%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9940−0.288%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9870−0.366%$21K$715K10xas long as short
HTX UNI-USDT+0.0100%8h8.9890−0.344%$714K$4.2M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9910−0.322%$27.1M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0192−0.009%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9942−0.286%$298K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9913−0.318%$32K3xas long as short
Coinbase International UNI-PERP-INTX+0.0312%1h8.9920−0.310%$1.1M$4.7M50xas long as short
Reya UNIRUSDPERP+0.0368%1h8.9808−0.434%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.9884−0.350%$640K120xas long as short
Lighter UNI+0.0408%1h9.0391+0.212%$4.6M$5.3M15xas long as short
Kraken Futures PF_UNIUSD+0.0427%1h8.9891−0.342%$5.0M$6.9M50xas long as short
Aftermath Perps UNIUSD+0.0963%1h8.9913−0.318%$1K$48K10xas long as short