Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Gate−0.036%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$390.388% of the position

Long on Gate Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.151%+$15 on $10k

Price spread, last 7 days+0.071%+$7 · spread now −0.036%, 7d avg −0.021%

Together, before fees+0.222%+ Points / potential airdropExtended: Active · farm board+$22 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	8.9590	0.0100	pay 0.0100% / 8h	10m 44s	$22.8M	$59.2M	75x
Short	Extended UNI-USD	8.9558	0.0104	get 0.0013% / 1h	10m 44s	$302K	$1.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.036%Rate

Funding earned: $0.84
Price spread: −0.036% → −0.021%: −$1.46
Slippage, 4 orders: −$18.81
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$39.43
Costs to cover: 0.388%
Break-even: 335.6 days

Slippage from Gate: live order book, 3 min ago; Extended: 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, 3 min ago	1.11 bp	13.3 bp −$13	21.6 bp −$216	41.9 bp −$4,189	65.6 bp −$32.8K
Sell Extended live order book, 3 min ago	0.06 bp	7.2 bp −$7	11.2 bp −$112	doesn't fit	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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−1.440%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9489	−0.113%	$62K	—	150x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0026%	1h	8.9535	−0.061%	$576K	$176K	50x	as long as short
Variational Omni UNI	+0.0082%	8h	8.9422	−0.187%	$4.1M	$4.4M	—	as long as short
OKX UNI-USDT-SWAP	+0.0088%	8h	8.9540	−0.056%	$54.7M	$249.0M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9515	−0.084%	$961K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9606	+0.018%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9512	−0.087%	$296K	$591K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9612	+0.024%	$222.0M	$591.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9550	−0.045%	$101.3M	$105.3M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	8.9610	+0.022%	$269K	$614K	10x	as long as short
Gate UNI_USDTlong	+0.0100%	8h	8.9590	long leg	$22.8M	$59.2M	75x
MEXC UNI_USDT	+0.0100%	8h	8.9610	+0.022%	$43.7M	$24.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9510	−0.089%	$13.6M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9580	−0.011%	$32.7M	$42.0M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9580	−0.011%	—	$52.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9527	−0.070%	$1.1M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9828	+0.265%	$169K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9580	−0.011%	$630K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9890	+0.335%	$88K	$710K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9890	+0.335%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9528	−0.069%	$85K	$365K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9490	−0.112%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9590	0.000%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9490	−0.112%	$21K	$676K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9640	+0.056%	$717K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9510	−0.089%	$27.0M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9462	−0.143%	$26K	—	20x	as long as short
Extended UNI-USDshort	+0.0104%	1h	8.9558	−0.036%	$302K	$1.5M	25x
Aevo UNI-PERP	+0.0104%	1h	8.9524	−0.074%	$32K	$1K	3x	as long as short
01 Exchange UNIUSD	+0.0168%	1h	8.9560	−0.033%	$447	—	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9480	−0.123%	$10.0M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	8.9590	0.000%	$1.1M	$5.4M	50x	as long as short
dYdX UNI-USD	+0.0305%	1h	8.9527	−0.070%	$248K	$6K	10x	as long as short
Reya UNIRUSDPERP	+0.0365%	1h	8.9424	−0.185%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	8.9473	−0.131%	$566K	—	120x	as long as short
Hyperliquid UNI	+0.0473%	1h	8.9653	+0.070%	$98.2M	$59.6M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0565%	1h	8.9544	−0.051%	$5.0M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0870%	1h	8.9813	+0.249%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0904%	1h	8.9656	+0.074%	$4.5M	$5.3M	15x	as long as short