Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h +0.021%

Price spread now: 01 Exchange against OKX+0.136%7-day average — · you sell dearer than you buy

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

Long on OKX 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 0.136% dearer against OKX than usual: you sell high and buy low (spread +0.136% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX UNI-USDT-SWAP	8.9140	0.0100	pay 0.0100% / 8h	41m 55s	$54.5M	$265.7M	50x
Short	01 Exchange UNIUSD	8.9261	−0.0016	pay 0.0002% / 1h	41m 55s	$445	$5	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against OKX. 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 OKXbpFee 01 ExchangebpOrdersPrice spread, now +0.136%Rate

Funding earned: −$24.36
Price spread: +0.136% → 0.000%: $13.57
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$27.79
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: OKX: 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 OKX live order book, 2 min ago	0.56 bp	8.4 bp −$8	15.0 bp −$150	69.6 bp −$6,961	doesn't fit
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
Kraken Futures PF_UNIUSD	−0.0304%	1h	8.9299	+0.178%	$4.7M	$8.6M	50x	as long as short
01 Exchange UNIUSDshort	−0.0016%	1h	8.9261	+0.136%	$445	$5	10x
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9318	+0.199%	$49K	—	150x	as long as short
Nado UNI-PERP	+0.0011%	1h	8.9215	+0.084%	$731K	$4.7M	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.942%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0085%	1h	8.9283	+0.160%	$106K	$616K	10x	as long as short
Lighter UNI	+0.0096%	1h	8.9373	+0.261%	$4.5M	$5.5M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9177	+0.042%	$25K	—	20x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9346	+0.231%	$95.1M	$67.6M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9284	+0.162%	$731K	$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	8.9200	+0.067%	$288K	$600K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9235	+0.107%	$215.7M	$656.7M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9190	+0.056%	$98.8M	$111.3M	75x	as long as short
OKX UNI-USDT-SWAPlong	+0.0100%	8h	8.9140	long leg	$54.5M	$265.7M	50x
Arcus UNI-USD	+0.0100%	1h	8.9270	+0.146%	$318K	$701K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9230	+0.101%	$25.6M	$65.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9100	−0.045%	$48.6M	$26.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9080	−0.067%	$13.1M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9040	−0.112%	$32.6M	$45.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9210	+0.079%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9334	+0.218%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9138	−0.003%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9176	+0.041%	$169K	$348K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9002	−0.155%	$617K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9060	−0.090%	$89K	$710K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9120	−0.022%	$15K	$3.4M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9240	+0.112%	$16K	$2.1M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9229	+0.100%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9240	+0.112%	$32K	$888K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9347	+0.232%	$699K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9220	+0.090%	$26.9M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9026	−0.127%	$288K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9249	+0.122%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0178%	1h	8.9324	+0.206%	$588K	$250K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.9310	+0.191%	$930K	$5.5M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8980	−0.179%	$10.0M	$3.6M	75x	as long as short
Reya UNIRUSDPERP	+0.0380%	1h	8.9246	+0.119%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9311	+0.192%	$635K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0448%	1h	8.9089	−0.057%	$951	$53K	10x	as long as short
dYdX UNI-USD	+0.0610%	1h	8.9152	+0.013%	$235K	$30K	10x	as long as short