Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.029%

Price spread now: Paradex against gTrade (Gains Network)+0.070%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Paradex is 0.070% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) UNI/USD	8.9843	L +0.0004% / S −0.0007%	pay 0.0001% / 1h	12m 25s	$49K	—	150x
Short	Paradex UNI-USD-PERP	8.9906	0.0100	get 0.0100% / 8h	2h 12m	$26K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee ParadexbpOrdersPrice spread, now +0.070%Rate

Funding earned: $20.11
Price spread: +0.070% → 0.000%: $6.98
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: $13.09
Costs to cover: 0.140%
Break-even: 2.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Paradex: no order-book sample. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

gTrade (Gains Network) and Paradex: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado UNI-PERP	−0.0040%	1h	8.9880	+0.041%	$814K	$4.6M	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	9.0002	+0.176%	$4.8M	$8.4M	50x	as long as short
01 Exchange UNIUSD	0.0000%	1h	8.9926	+0.092%	$449	$5	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	9.0068	+0.250%	$576K	$202K	50x	as long as short
gTrade (Gains Network) UNI/USDlong	L +0.0004% / S −0.0007%	1h	8.9843	long leg	$49K	—	150x
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.718%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0088%	1h	8.9848	+0.005%	$102K	$561K	10x	as long as short
Lighter UNI	+0.0096%	1h	9.0048	+0.228%	$4.5M	$5.6M	15x	as long as short
Paradex UNI-USD-PERPshort	+0.0100%	8h	8.9906	+0.070%	$26K	—	20x
Aster UNIUSDT	+0.0100%	8h	8.9882	+0.043%	$746K	$3.6M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.9946	+0.114%	$288K	$612K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9842	−0.002%	$218.7M	$657.6M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9810	−0.037%	$100.5M	$111.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9840	−0.004%	$54.7M	$267.2M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9980	+0.152%	$321K	$705K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9870	+0.029%	$24.6M	$66.4M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9880	+0.041%	$49.6M	$27.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9900	+0.063%	$13.0M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9720	−0.137%	$33.1M	$45.6M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9850	+0.007%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0065	+0.247%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9660	−0.204%	$4.1M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9755	−0.098%	$170K	$347K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9851	+0.008%	$623K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9820	−0.026%	$90K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9970	+0.141%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9860	+0.018%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0091	+0.275%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9990	+0.163%	$32K	$865K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0182	+0.377%	$703K	$5.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0010	+0.185%	$27.2M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9832	−0.012%	$302K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9896	+0.059%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0156%	1h	8.9888	+0.050%	$237K	$31K	10x	as long as short
Hyperliquid UNI	+0.0175%	1h	8.9997	+0.170%	$96.0M	$66.4M	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0184%	1h	9.0230	+0.430%	$946K	$5.6M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0010	+0.185%	$10.1M	$3.7M	75x	as long as short
Reya UNIRUSDPERP	+0.0377%	1h	8.9857	+0.015%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9844	0.000%	$639K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0466%	1h	8.9697	−0.163%	$965	$54K	10x	as long as short