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 −0.026%

Price spread now: Bybit against Gate−0.033%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$490.485% of the position

Long on Gate Short on Bybit

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+0.013%+$1 · spread now −0.033%, 7d avg −0.043%

Together, before fees+0.024%+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UNI_USDT	9.0620	0.0100	pay 0.0100% / 8h	4h 31m	$23.6M	$63.4M	75x
Short	Bybit UNIUSDT	9.0590	0.0100	get 0.0100% / 8h	4h 31m	$101.7M	$110.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee GatebpFee BybitbpOrdersPrice spread, now −0.033%Rate

Funding earned: $0
Price spread: −0.033% → −0.043%: $0.97
Slippage, 4 orders: −$22.54
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$47.57
Costs to cover: 0.485%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Bybit: 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 Gate live order book, 2 min ago	1.11 bp	13.4 bp −$13	23.2 bp −$232	42.8 bp −$4,284	65.9 bp −$32.9K
Sell Bybit live order book, 3 min ago	0.56 bp	10.5 bp −$11	19.7 bp −$197	40.8 bp −$4,079	doesn't fit

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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0622	+0.003%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.560%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	9.0598	−0.024%	$452	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0555	−0.072%	$896K	$4.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0650	+0.033%	$841K	$3.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0596	−0.026%	$294K	$593K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0600	−0.022%	$222.6M	$636.3M	75x	as long as short
Bybit UNIUSDTshort	+0.0100%	8h	9.0590	−0.033%	$101.7M	$110.9M	75x
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0590	−0.033%	$55.0M	$260.2M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0700	+0.088%	$314K	$651K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDTlong	+0.0100%	8h	9.0620	long leg	$23.6M	$63.4M	75x
MEXC UNI_USDT	+0.0100%	8h	9.0610	−0.011%	$47.9M	$25.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0640	+0.022%	$13.6M	$13.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0600	−0.022%	$33.5M	$44.8M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0580	−0.044%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0758	+0.152%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9859	−0.839%	$4.2M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9922	−0.770%	$170K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9959	−0.729%	$633K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0190	−0.475%	$92K	$698K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0480	−0.154%	$16K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0601	−0.021%	$87K	$425K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0590	−0.033%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0400	−0.243%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0580	−0.044%	$22K	$789K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0580	−0.044%	$714K	$4.6M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0590	−0.033%	$27.4M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0568	−0.057%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0561	−0.065%	$293K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0574	−0.050%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0105%	1h	9.0612	−0.009%	$239K	$30K	10x	as long as short
Lighter UNI	+0.0216%	1h	9.0697	+0.085%	$4.6M	$5.8M	15x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0370	−0.276%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.0560	−0.066%	$1.1M	$5.7M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.0646	+0.029%	$5.0M	$7.9M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0309%	1h	9.0619	−0.002%	$581K	$193K	50x	as long as short
Reya UNIRUSDPERP	+0.0372%	1h	9.0582	−0.042%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0592	−0.031%	$645K	—	120x	as long as short
Hyperliquid UNI	+0.0410%	1h	9.0714	+0.104%	$98.3M	$62.4M	10x	as long as short
Aftermath Perps UNIUSD	+0.1003%	1h	9.0368	−0.279%	$1K	$46K	10x	as long as short