Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0164%/8h= +18.0% APRpaid last 24h +0.031%

Price spread now: BloFin against 01 Exchange+0.183%7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on BloFin

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

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.183% dearer against 01 Exchange than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange UNIUSD	9.1033	0.0056	pay 0.0007% / 1h	51m 49s	$454	$5	10x
Short	BloFin UNI-USDT	9.1200	0.0220	get 0.0220% / 8h	4h 51m	$10.4M	$3.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against 01 Exchange. 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 01 ExchangebpFee BloFinbpOrdersPrice spread, now +0.183%Rate

Funding earned: $34.44
Price spread: +0.183% → 0.000%: $18.34
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: $33.78
Costs to cover: 0.190%
Break-even: 0.1 days

Slippage unknown: 01 Exchange: no order-book sample; BloFin: live order book, 2 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 01 Exchange no order-book sample	—	—	—	—	—
Sell BloFin live order book, 2 min ago	1.10 bp	11.3 bp −$11	15.2 bp −$152	35.2 bp −$3,515	doesn't fit

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
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	9.0874	−0.175%	$582K	$193K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0876	−0.172%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.002%	$660	$154K	12x	as long as short
01 Exchange UNIUSDlong	+0.0056%	1h	9.1033	long leg	$454	$5	10x
Nado UNI-PERP	+0.0100%	1h	9.1027	−0.006%	$913K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0909	−0.136%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1071	+0.042%	$297K	$589K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0754	−0.306%	$224.5M	$626.4M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0740	−0.322%	$101.9M	$110.6M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0760	−0.300%	$55.7M	$256.9M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.1110	+0.085%	$289K	$613K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0750	−0.311%	$23.0M	$62.1M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0840	−0.212%	$48.6M	$25.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0830	−0.223%	$13.6M	$13.1M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0760	−0.300%	$33.4M	$43.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0770	−0.289%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0843	−0.209%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1490	+0.502%	$4.3M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1329	+0.325%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1208	+0.192%	$635K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0950	−0.091%	$89K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1110	+0.085%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1131	+0.108%	$87K	$421K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0830	−0.223%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1065	+0.035%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0805	−0.250%	$22K	$781K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0940	−0.102%	$715K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0820	−0.234%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0101%	8h	9.1026	−0.008%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0765	−0.294%	$299K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0825	−0.228%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0161%	1h	9.1055	+0.024%	$240K	$30K	10x	as long as short
BloFin UNI-USDTshort	+0.0220%	8h	9.1200	+0.183%	$10.4M	$3.6M	75x
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.1120	+0.096%	$1.1M	$5.4M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.0847	−0.204%	$5.0M	$7.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0371%	1h	9.1107	+0.081%	$17K	—	20x	as long as short
Lighter UNI	+0.0376%	1h	9.0932	−0.111%	$4.6M	$5.8M	15x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0867	−0.182%	$647K	—	120x	as long as short
Hyperliquid UNI	+0.0488%	1h	9.0906	−0.140%	$98.8M	$61.5M	10x	as long as short
Aftermath Perps UNIUSD	+0.1014%	1h	9.1233	+0.220%	$1K	$46K	10x	as long as short