Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h +0.010%

Price spread now: 01 Exchange against Gate+0.043%7-day average — · you sell dearer than you buy

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

Long on Gate Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. 01 Exchange is 0.043% dearer against Gate than usual: you sell high and buy low (spread +0.043% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UNI_USDT	8.8570	0.0100	pay 0.0100% / 8h	2h 42m	$23.5M	$64.6M	75x
Short	01 Exchange UNIUSD	8.8608	−0.0080	pay 0.0010% / 1h	42m 22s	$442	$5	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.043%Rate

Funding earned: −$37.8
Price spread: +0.043% → 0.000%: $4.29
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$55.51
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 2 min ago; 01 Exchange: 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 Gate live order book, 2 min ago	1.13 bp	14.7 bp −$15	26.4 bp −$264	44.4 bp −$4,441	66.5 bp −$33.2K
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	−0.0145%	1h	8.8550	−0.023%	$802K	$4.7M	10x	as long as short
01 Exchange UNIUSDshort	−0.0080%	1h	8.8608	+0.043%	$442	$5	10x
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.8647	+0.087%	$4.8M	$8.5M	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.8601	+0.035%	$48K	—	150x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0022%	1h	8.8651	+0.092%	$568K	$202K	50x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.305%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0084%	1h	8.8578	+0.009%	$99K	$499K	10x	as long as short
Lighter UNI	+0.0096%	1h	8.8757	+0.211%	$4.5M	$5.5M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8610	+0.045%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8597	+0.030%	$751K	$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	8.8640	+0.079%	$284K	$612K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8580	+0.011%	$215.4M	$658.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8570	0.000%	$99.0M	$112.5M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8580	+0.011%	$53.7M	$262.6M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8700	+0.147%	$330K	$686K	10x	as long as short
Gate UNI_USDTlong	+0.0100%	8h	8.8570	long leg	$23.5M	$64.6M	75x
MEXC UNI_USDT	+0.0100%	8h	8.8600	+0.034%	$46.6M	$26.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8600	+0.034%	$13.2M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8550	−0.023%	$32.6M	$46.5M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8560	−0.011%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8627	+0.064%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8829	+0.293%	$4.1M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8945	+0.424%	$168K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8871	+0.340%	$620K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8960	+0.440%	$91K	$705K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8970	+0.452%	$15K	$3.4M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8640	+0.079%	$16K	$1.6M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8638	+0.077%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8600	+0.034%	$22K	$852K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8780	+0.237%	$708K	$5.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8630	+0.068%	$26.8M	$4.3M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8548	−0.025%	$296K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8595	+0.028%	$31K	—	3x	as long as short
dYdX UNI-USD	+0.0126%	1h	8.8674	+0.117%	$233K	$31K	10x	as long as short
Hyperliquid UNI	+0.0134%	1h	8.8677	+0.121%	$94.4M	$66.5M	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0184%	1h	8.8730	+0.181%	$929K	$5.8M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8560	−0.011%	$10.0M	$3.6M	75x	as long as short
Reya UNIRUSDPERP	+0.0376%	1h	8.8565	−0.006%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.8611	+0.046%	$630K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0645%	1h	8.8869	+0.338%	$865	$45K	10x	as long as short