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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.032%
Price spread now: BloFin against Gate+0.125%63s7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$500.498% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.293%+$29 on $10k
Price spread, last 3 days (all we have)+0.441%+$44 · spread now +0.125%, 7d avg +0.034%
Together, before fees+0.735%+$73 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.091% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.034%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate UNI_USDT8.82700.0100pay 0.0100% / 8h2h 54m$22.9M$58.8M75x
ShortBloFin UNI-USDT8.83800.0220get 0.0220% / 8h2h 54m$9.8M$3.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$25.2
Price spread: +0.125% → +0.034%
$9.08
Slippage, 4 orders
−$22.75
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$15.48
Costs to cover
0.498%
Break-even
11.3 days
Slippage from Gate: live order book, 5 min ago; BloFin: live order book, 5 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 Gate live order book, 5 min ago0.57 bp16.0 bp −$1626.2 bp −$26245.2 bp −$4,52468.3 bp −$34.1K
Sell BloFin live order book, 5 min ago1.14 bp9.1 bp −$913.9 bp −$13945.6 bp −$4,561doesn't fit

UNI on 40 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
Variational Omni UNI−0.0201%8h8.8015−0.289%$3.9M$4.9Mas long as short
Bybit UNIUSDT−0.0190%8h8.8220−0.057%$102.8M$104.0M75xas long as short
01 Exchange UNIUSD−0.0064%1h8.8233−0.042%$44010xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.8279+0.010%$551K$125K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.8242−0.032%$79K150xas long as short
OKX UNI-USDT-SWAP+0.0011%8h8.8220−0.057%$54.3M$245.0M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8165−0.119%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8080−0.215%$851K$3.9M10xas long as short
Aster UNIUSDT+0.0100%8h8.8188−0.093%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.8242−0.032%$297K$559K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8230−0.045%$216.1M$593.9M75xas long as short
Arcus UNI-USD+0.0100%1h8.8310+0.045%$272K$605K10xas long as short
Gate UNI_USDTlong+0.0100%8h8.8270long leg$22.9M$58.8M75x
MEXC UNI_USDT+0.0100%8h8.82700.000%$42.7M$24.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8230−0.045%$13.7M$13.7M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8240−0.034%$32.0M$41.0M75xas long as short
BingX UNI-USDC+0.0100%8h8.8290+0.023%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8292+0.025%$978K$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h8.8018−0.285%$165K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8080−0.215%$616K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8040−0.261%$83K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.8390+0.136%$105K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8156−0.129%$87K$339K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8200−0.079%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8177−0.105%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8221−0.056%$28K$659K10xas long as short
HTX UNI-USDT+0.0100%8h8.8246−0.027%$721K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8230−0.045%$26.6M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8168−0.115%$307K$1.4M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8257−0.015%$31K$1K3xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8250−0.023%$1.0M$5.3M50xas long as short
BloFin UNI-USDTshort+0.0220%8h8.8380+0.125%$9.8M$3.3M75x
Kraken Futures PF_UNIUSD+0.0270%1h8.8268−0.003%$4.9M$7.1M50xas long as short
Reya UNIRUSDPERP+0.0359%1h8.8099−0.194%$16K20xas long as short
dYdX UNI-USD+0.0369%1h8.8304+0.039%$245K$5K10xas long as short
GMX UNI/USD [UNI-USDC]L +0.0380% / S −0.0320%1h8.8234−0.040%$553K120xas long as short
Lighter UNI+0.0472%1h8.8401+0.148%$4.5M$5.3M15xas long as short
Hyperliquid UNI+0.0503%1h8.8395+0.142%$96.1M$59.5M10xas long as short
Aftermath Perps UNIUSD+0.0508%1h8.8193−0.088%$1K$50K10xas long as short
Injective UNI/USDC PERP+0.2702%1h8.7900−0.419%$657$97K12xas long as short