Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h +0.004%

Price spread now: 01 Exchange against Paradex+0.141%7-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 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. 01 Exchange is 0.141% dearer against Paradex than usual: you sell high and buy low (spread +0.141% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex UNI-USD-PERP	9.0391	0.0100	pay 0.0100% / 8h	6h 26m	$26K	—	20x
Short	01 Exchange UNIUSD	9.0519	0.0040	get 0.0005% / 1h	26m 00s	$452	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.141%Rate

Funding earned: −$12.61
Price spread: +0.141% → 0.000%: $14.14
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$9.46
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; 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 Paradex no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

Paradex and 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 39 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	9.0618	+0.251%	$19K	—	150x	as long as short
dYdX UNI-USD	+0.0020%	1h	9.0397	+0.006%	$238K	$30K	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.313%	$660	$154K	12x	as long as short
01 Exchange UNIUSDshort	+0.0040%	1h	9.0519	+0.141%	$452	—	10x
Nado UNI-PERP	+0.0100%	1h	9.0572	+0.201%	$947K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0883	+0.544%	$98.7M	$60.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0719	+0.363%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0420	+0.032%	$296K	$574K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0831	+0.487%	$226.8M	$610.6M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0790	+0.441%	$101.6M	$107.4M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0800	+0.452%	$56.0M	$254.3M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0510	+0.131%	$287K	$641K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0740	+0.386%	$23.2M	$58.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0650	+0.286%	$49.8M	$26.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0660	+0.297%	$13.5M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0800	+0.452%	$33.2M	$42.8M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0750	+0.397%	—	$57.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0751	+0.398%	$996K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0580	+0.209%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0414	+0.025%	$170K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0275	−0.129%	$628K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0420	+0.032%	$88K	$699K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0510	+0.131%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0630	+0.264%	$86K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0630	+0.264%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0694	+0.335%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0650	+0.286%	$22K	$712K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0760	+0.408%	$721K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0610	+0.242%	$27.4M	$4.5M	50x	as long as short
Paradex UNI-USD-PERPlong	+0.0100%	8h	9.0391	long leg	$26K	—	20x
Extended UNI-USD	+0.0104%	1h	9.0780	+0.430%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0646	+0.282%	$32K	—	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.0710	+0.353%	$1.1M	$4.7M	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	9.0573	+0.201%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0620	+0.253%	$645K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0423%	1h	9.0669	+0.307%	$5.0M	$6.9M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0434%	1h	9.0707	+0.349%	$589K	$187K	50x	as long as short
Lighter UNI	+0.0448%	1h	9.0792	+0.443%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.0948%	1h	9.0328	−0.069%	$901	$48K	10x	as long as short