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 0.000%

Price spread now: Gate against HTX−0.296%7-day average −0.135% · you buy dearer than you sell

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$570.565% of the position

Long on HTX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.108%−$11 on $10k

Price spread, last 4 days (all we have)−0.494%−$49 · spread now −0.296%, 7d avg −0.135%

Together, before fees−0.602%−$60 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.161% cheaper against HTX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.135%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX UNI-USDT	9.1561	0.0100	pay 0.0100% / 8h	4h 54m	$720K	$4.5M	75x
Short	Gate UNI_USDT	9.1290	0.0100	get 0.0100% / 8h	4h 54m	$23.2M	$62.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against HTX. 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 HTXbpFee GatebpOrdersPrice spread, now −0.296%Rate

Funding earned: $0
Price spread: −0.296% → −0.135%: −$16.05
Slippage, 4 orders: −$29.55
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$72.6
Costs to cover: 0.565%
Break-even: never at this rate

Slippage from HTX: live order book, 4 min ago; Gate: live order book, 4 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 HTX live order book, 4 min ago	8.20 bp	14.2 bp −$14	57.5 bp −$575	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	1.10 bp	12.8 bp −$13	21.5 bp −$215	48.9 bp −$4,886	73.3 bp −$36.7K

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	9.1281	−0.306%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.562%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.1428	−0.145%	$456	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1273	−0.315%	$921K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1373	−0.206%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1341	−0.240%	$298K	$589K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1342	−0.239%	$226.0M	$626.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1290	−0.296%	$102.5M	$110.6M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1310	−0.274%	$56.1M	$258.5M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1510	−0.056%	$290K	$618K	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_USDTshort	+0.0100%	8h	9.1290	−0.296%	$23.2M	$62.0M	75x
MEXC UNI_USDT	+0.0100%	8h	9.1350	−0.230%	$49.4M	$25.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1320	−0.263%	$13.7M	$13.1M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1300	−0.285%	$33.6M	$43.8M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1320	−0.263%	—	$56.6M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1338	−0.244%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1490	−0.078%	$4.3M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0960	−0.657%	$171K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1208	−0.386%	$635K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0950	−0.667%	$89K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1450	−0.121%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1373	−0.205%	$88K	$422K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1320	−0.263%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1397	−0.179%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1306	−0.279%	$22K	$781K	10x	as long as short
HTX UNI-USDTlong	+0.0100%	8h	9.1561	long leg	$720K	$4.5M	75x
Phemex UNIUSDT	+0.0100%	8h	9.1340	−0.241%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0101%	8h	9.1272	−0.316%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1309	−0.275%	$301K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1325	−0.258%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0157%	1h	9.1347	−0.233%	$585K	$193K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1270	−0.318%	$10.4M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.1340	−0.241%	$1.1M	$5.4M	50x	as long as short
dYdX UNI-USD	+0.0256%	1h	9.1324	−0.258%	$240K	$30K	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	9.1344	−0.237%	$5.1M	$7.8M	50x	as long as short
Lighter UNI	+0.0352%	1h	9.1432	−0.141%	$4.6M	$5.8M	15x	as long as short
Reya UNIRUSDPERP	+0.0371%	1h	9.1219	−0.373%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1288	−0.298%	$651K	—	120x	as long as short
Hyperliquid UNI	+0.0496%	1h	9.1427	−0.146%	$99.4M	$62.2M	10x	as long as short
Aftermath Perps UNIUSD	+0.1012%	1h	9.1311	−0.273%	$1K	$46K	10x	as long as short