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: HTX against Orderly+0.131%7-day average +0.132% · you sell dearer than you buy

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

Long on Orderly Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 3 days (all we have)−0.107%−$11 · spread now +0.131%, 7d avg +0.132%

Together, before fees−0.106%−$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_UNI_USDC	9.1660	0.0100	pay 0.0100% / 8h	7h 09m	$16K	$1.7M	10x
Short	HTX UNI-USDT	9.1780	0.0100	get 0.0100% / 8h	7h 09m	$730K	$4.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Orderly. 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 OrderlybpFee HTXbpOrdersPrice spread, now +0.131%Rate

Funding earned: $0
Price spread: +0.131% → +0.132%: −$0.06
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee HTX: 6 bp × 2 orders: −$12
Net: −$18.06
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; HTX: live order book, 4 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell HTX live order book, 4 min ago	5.56 bp	11.8 bp −$12	31.8 bp −$318	224.0 bp −$22.4K	doesn't fit

Orderly: 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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.1680	+0.022%	$39K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.666%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0088%	1h	9.1752	+0.100%	$458	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1645	−0.016%	$985K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1640	−0.022%	$1.1M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1731	+0.077%	$306K	$589K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1580	−0.087%	$232.4M	$601.6M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1510	−0.164%	$103.2M	$107.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1660	0.000%	$56.6M	$256.2M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1800	+0.153%	$283K	$617K	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_USDT	+0.0100%	8h	9.1610	−0.055%	$23.4M	$60.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1630	−0.033%	$46.6M	$24.6M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1630	−0.033%	$13.6M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1630	−0.033%	$33.8M	$43.1M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1630	−0.033%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1615	−0.049%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1470	−0.207%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1624	−0.040%	$173K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1708	+0.052%	$639K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1590	−0.076%	$89K	$706K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1500	−0.175%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1735	+0.082%	$85K	$387K	10x	as long as short
Orderly PERP_UNI_USDClong	+0.0100%	8h	9.1660	long leg	$16K	$1.7M	10x
SunX UNI-USDT	+0.0100%	8h	9.1717	+0.062%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1550	−0.120%	$22K	$711K	10x	as long as short
HTX UNI-USDTshort	+0.0100%	8h	9.1780	+0.131%	$730K	$4.4M	75x
Phemex UNIUSDT	+0.0100%	8h	9.1650	−0.011%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1656	−0.004%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1570	−0.098%	$308K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1626	−0.037%	$33K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0166%	1h	9.1688	+0.030%	$593K	$186K	50x	as long as short
dYdX UNI-USD	+0.0193%	1h	9.1574	−0.093%	$246K	$24K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1460	−0.218%	$10.6M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1750	+0.098%	$1.1M	$4.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0367%	1h	9.1653	−0.008%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	9.1682	+0.024%	$580K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0383%	1h	9.1633	−0.029%	$5.1M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0544%	1h	9.1795	+0.147%	$101.2M	$58.2M	10x	as long as short
Lighter UNI	+0.0952%	1h	9.1766	+0.116%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.1038%	1h	9.1784	+0.135%	$938	$49K	10x	as long as short