Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against SoDEX0.000%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$450.445% of the position

Long on SoDEX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.004%$0 on $10k

Price spread, last 3 days (all we have)−0.202%−$20 · spread now 0.000%, 7d avg −0.001%

Together, before fees−0.206%−$21 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX UNI-USD	8.9650	0.0100	pay 0.0013% / 1h	3m 04s	$21K	$676K	10x
Short	Gate UNI_USDT	8.9650	0.0100	get 0.0100% / 8h	3m 04s	$22.8M	$59.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against SoDEX. 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 SoDEXbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.001%: $0.15
Slippage, 4 orders: −$21.53
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$44.39
Costs to cover: 0.445%
Break-even: never at this rate

Slippage from SoDEX: live order book, 11 min ago; Gate: live order book, 6 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 SoDEX live order book, 11 min ago	0.56 bp	9.3 bp −$9	28.7 bp −$287	138.8 bp −$13.9K	doesn't fit
Sell Gate live order book, 6 min ago	0.56 bp	12.1 bp −$12	20.9 bp −$209	44.1 bp −$4,412	66.8 bp −$33.4K

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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−1.506%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9705	+0.061%	$62K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0087%	8h	8.9620	−0.033%	$54.8M	$248.9M	50x	as long as short
Variational Omni UNI	+0.0087%	8h	8.9503	−0.164%	$4.1M	$4.4M	—	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9670	+0.022%	$943K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9739	+0.099%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9690	+0.045%	$297K	$591K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9642	−0.009%	$221.9M	$591.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9620	−0.033%	$101.5M	$105.6M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9780	+0.145%	$269K	$614K	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	8.9650	0.000%	$22.8M	$59.3M	75x
MEXC UNI_USDT	+0.0100%	8h	8.9670	+0.022%	$43.8M	$24.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9700	+0.056%	$13.6M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9620	−0.033%	$32.8M	$42.1M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9650	0.000%	—	$52.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9695	+0.050%	$1.1M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9500	−0.168%	$168K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9730	+0.089%	$624K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9600	−0.056%	$88K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9750	+0.112%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9734	+0.094%	$85K	$366K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9650	0.000%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9781	+0.146%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USDlong	+0.0100%	1h	8.9650	long leg	$21K	$676K	10x
HTX UNI-USDT	+0.0100%	8h	8.9738	+0.098%	$718K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9690	+0.045%	$27.1M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9627	−0.025%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9603	−0.052%	$301K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9683	+0.036%	$32K	$1K	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0137%	1h	8.9718	+0.076%	$578K	$177K	50x	as long as short
01 Exchange UNIUSD	+0.0160%	1h	8.9743	+0.104%	$448	—	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9700	+0.056%	$10.0M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	8.9850	+0.223%	$1.1M	$5.4M	50x	as long as short
dYdX UNI-USD	+0.0294%	1h	8.9678	+0.031%	$248K	$6K	10x	as long as short
Reya UNIRUSDPERP	+0.0365%	1h	8.9664	+0.016%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	8.9689	+0.044%	$567K	—	120x	as long as short
Hyperliquid UNI	+0.0419%	1h	8.9746	+0.107%	$98.2M	$59.6M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0564%	1h	8.9736	+0.095%	$5.0M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0869%	1h	8.9742	+0.102%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0896%	1h	8.9860	+0.234%	$4.6M	$5.3M	15x	as long as short