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−0.0090%/8h= −9.9% APRnext payment $0.90 per $10,000 · paid last 24h −0.025%
Price spread now: OKX against Gate−0.034%7-day average −0.007% · 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−$49as in the Price arb table
costs, in and out, $10k−$460.463% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 7 days+0.049%+$5 · spread now −0.034%, 7d avg −0.007%
Together, before fees+0.065%+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.027% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate UNI_USDT8.80800.0100pay 0.0100% / 8h2h 51m$22.9M$58.9M75x
ShortOKX UNI-USDT-SWAP8.80500.0010get 0.0010% / 8h2h 51m$54.2M$244.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$18.99
Price spread: −0.034% → −0.007%
−$2.66
Slippage, 4 orders
−$21.26
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$67.91
Costs to cover
0.463%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago0.57 bp14.7 bp −$1522.8 bp −$22841.1 bp −$4,10964.1 bp −$32.1K
Sell OKX live order book, 2 min ago0.57 bp8.6 bp −$915.4 bp −$15490.1 bp −$9,009doesn'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%8h8.8015−0.074%$3.9M$4.9Mas long as short
Bybit UNIUSDT−0.0192%8h8.8040−0.045%$102.6M$103.9M75xas long as short
01 Exchange UNIUSD−0.0064%1h8.8166+0.098%$44010xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.8223+0.162%$551K$125K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.8196+0.131%$79K150xas long as short
OKX UNI-USDT-SWAPshort+0.0010%8h8.8050−0.034%$54.2M$244.5M50x
Paradex UNI-USD-PERP+0.0100%8h8.8154+0.084%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8065−0.017%$851K$3.9M10xas long as short
Aster UNIUSDT+0.0100%8h8.8215+0.154%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.8171+0.103%$297K$559K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8066−0.015%$215.7M$593.7M75xas long as short
Arcus UNI-USD+0.0100%1h8.8240+0.182%$272K$605K10xas long as short
Gate UNI_USDTlong+0.0100%8h8.8080long leg$22.9M$58.9M75x
MEXC UNI_USDT+0.0100%8h8.8100+0.023%$42.6M$24.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8100+0.023%$13.7M$13.6M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8030−0.057%$31.9M$41.0M75xas long as short
BingX UNI-USDC+0.0100%8h8.8070−0.011%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8172+0.104%$976K$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h8.8265+0.210%$166K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8310+0.261%$619K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8040−0.045%$83K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.8250+0.193%$105K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8168+0.100%$87K$336K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8170+0.102%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8188+0.123%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8150+0.079%$28K$659K10xas long as short
HTX UNI-USDT+0.0100%8h8.8250+0.193%$721K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8180+0.114%$26.6M$4.3M50xas long as short
Extended UNI-USD+0.0104%1h8.8042−0.044%$307K$1.4M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8223+0.162%$31K$1K3xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8280+0.227%$1.0M$5.3M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8190+0.125%$9.8M$3.3M75xas long as short
dYdX UNI-USD+0.0264%1h8.8220+0.159%$244K$5K10xas long as short
Kraken Futures PF_UNIUSD+0.0270%1h8.8216+0.155%$4.9M$7.1M50xas long as short
Reya UNIRUSDPERP+0.0359%1h8.8121+0.047%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0380% / S −0.0320%1h8.8209+0.147%$553K120xas long as short
Lighter UNI+0.0408%1h8.8321+0.274%$4.5M$5.3M15xas long as short
Hyperliquid UNI+0.0411%1h8.8205+0.142%$95.7M$59.6M10xas long as short
Aftermath Perps UNIUSD+0.0504%1h8.8218+0.157%$1K$50K10xas long as short
Injective UNI/USDC PERP+0.2702%1h8.7900−0.204%$657$97K12xas long as short