Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%

Price spread now: OKX against Paradex+0.194%60s7-day average — · you sell dearer than you buy

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

Long on Paradex Short on OKX

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—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.194% dearer against Paradex than usual: you sell high and buy low, +$19 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex UNI-USD-PERP	8.8987	0.0100	pay 0.0100% / 8h	7h 54m	$25K	—	20x
Short	OKX UNI-USDT-SWAP	8.9160	0.0100	get 0.0100% / 8h	7h 54m	$54.6M	$262.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Paradex. 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 ParadexbpFee OKXbpOrdersPrice spread, now +0.194%Rate

Funding earned: $0
Price spread: +0.194% → 0.000%: $19.41
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee OKX: 5 bp × 2 orders: −$10
Net: $5.41
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; OKX: 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 Paradex no order-book sample	—	—	—	—	—
Sell OKX live order book, 4 min ago	0.56 bp	7.2 bp −$7	14.4 bp −$144	73.3 bp −$7,328	doesn't fit

Paradex: 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	−0.0062%	1h	8.9206	+0.246%	$4.7M	$8.6M	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	8.9155	+0.188%	$77K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.772%	$660	$153K	12x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0065%	1h	8.9187	+0.225%	$591K	$273K	50x	as long as short
Paradex UNI-USD-PERPlong	+0.0100%	8h	8.8987	long leg	$25K	—	20x
Nado UNI-PERP	+0.0100%	1h	8.9062	+0.085%	$727K	$4.7M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9408	+0.473%	$95.4M	$67.6M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9320	+0.374%	$725K	$3.2M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9295	+0.346%	$288K	$567K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9281	+0.330%	$217.3M	$652.8M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit UNIUSDT	+0.0100%	8h	8.9180	+0.217%	$99.0M	$110.6M	75x	as long as short
OKX UNI-USDT-SWAPshort	+0.0100%	8h	8.9160	+0.194%	$54.6M	$262.8M	50x
Arcus UNI-USD	+0.0100%	1h	8.9150	+0.183%	$320K	$701K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9320	+0.374%	$26.6M	$62.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9230	+0.273%	$48.0M	$25.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9380	+0.441%	$13.0M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9290	+0.340%	$33.1M	$46.1M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9310	+0.363%	—	$6.5M	—	as long as short
Variational Omni UNI	+0.0100%	8h	8.9200	+0.239%	$4.1M	$4.0M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9555	+0.638%	$169K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9259	+0.306%	$630K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9170	+0.205%	$90K	$710K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9380	+0.441%	$14K	$3.5M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9125	+0.155%	$104K	$616K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9160	+0.194%	$17K	$2.3M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9192	+0.230%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9147	+0.179%	$32K	$894K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9374	+0.435%	$706K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9280	+0.329%	$27.0M	$4.4M	50x	as long as short
Lighter UNI	+0.0104%	1h	8.9420	+0.486%	$4.5M	$5.4M	15x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9300	+0.351%	$301K	$1.8M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9152	+0.185%	$32K	—	3x	as long as short
01 Exchange UNIUSD	+0.0120%	1h	8.9082	+0.106%	$445	$5	10x	as long as short
dYdX UNI-USD	+0.0133%	1h	8.9245	+0.289%	$235K	$30K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0208%	1h	8.9230	+0.273%	$928K	$5.5M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9190	+0.228%	$10.2M	$3.6M	75x	as long as short
Backpack UNI_USDC_PERP	+0.0278%	1h	8.9343	+0.400%	$1.1M	$2.5M	10x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9174	+0.210%	$633K	—	120x	as long as short
Reya UNIRUSDPERP	+0.0382%	1h	8.9108	+0.135%	$16K	—	20x	as long as short
Aftermath Perps UNIUSD	+0.0388%	1h	8.9221	+0.263%	$1K	$52K	10x	as long as short