Funding arb · Price arb /

URNM

RWAall URNM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0414%/8h= −45.3% APRpaid last 24h +0.056%

Price spread now: tradeXYZ against Gate−0.209%7-day average — · you buy dearer than you sell

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

Long on Gate Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and tradeXYZ is 0.209% cheaper against Gate than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.021% in total (about -1.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate URNM_USDT	52.190	0	get 0.0000% / 8h	1h 53m	$81K	$4K	20x
Short	tradeXYZ xyz:URNM	52.081	−0.0414	pay 0.0052% / 1h	53m 17s	$1.4M	$422K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Gate. 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 GatebpFee tradeXYZbpOrdersPrice spread, now −0.209%Rate

Funding earned: −$86.9
Price spread: −0.209% → 0.000%: −$20.89
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$140.79
Costs to cover: 0.330%
Break-even: never at this rate

Slippage unknown: Gate: no order-book sample; tradeXYZ: live order book, 3 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 Gate no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 3 min ago	3.94 bp	41.8 bp −$42	doesn't fit	doesn't fit	doesn't fit

Gate: 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.

URNM on 13 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
tradeXYZ xyz:URNMshort	−0.0414%	1h	52.081	−0.209%	$1.4M	$422K	10x
Aster URNMUSDT	0.0000%	8h	52.084	−0.203%	$17K	$629	20x	as long as short
Binance URNMUSDT	0.0000%	8h	52.100	−0.172%	$721K	$749K	20x	as long as short
OKX URNM-USDT-SWAP	0.0000%	8h	52.210	+0.038%	$217K	$89K	20x	as long as short
Gate URNM_USDTlong	0.0000%	8h	52.190	long leg	$81K	$4K	20x
MEXC URNM_USDT	0.0000%	8h	52.090	−0.192%	$407K	$125K	50x	as long as short
Variational Omni URNM	0.0000%	8h	52.081	−0.209%	$95K	$5K	—	as long as short
GRVT URNM_USDT_Perp	0.0000%	8h	52.100	−0.172%	$1K	$123K	10x	as long as short
SunX URNM-USDT	0.0000%	8h	52.050	−0.268%	$1K	$1.3M	10x	as long as short
HTX URNM-USDT	0.0000%	8h	52.050	−0.268%	$5K	$3K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin URNM-USDT	+0.0025%	8h	52.190	0.000%	$53K	$2K	20x	as long as short
Ondo Perps URNM-USD.P	+0.0050%	1h	52.110	−0.153%	$2K	$3K	5x	as long as short
Pacifica URNM	+0.0100%	1h	52.098	−0.177%	$26K	$13K	10x	as long as short