Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h +0.006%

Price spread now: 01 Exchange against Binance+0.046%7-day average — · you sell dearer than you buy

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

Long on Binance Short on 01 Exchange

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

The price spread pays, funding is against you. 01 Exchange is 0.046% dearer against Binance than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UNIUSDT	9.1094	0.0100	pay 0.0100% / 8h	5h 05m	$225.6M	$624.5M	75x
Short	01 Exchange UNIUSD	9.1135	0.0056	get 0.0007% / 1h	5m 35s	$455	$5	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Binance. 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 BinancebpFee 01 ExchangebpOrdersPrice spread, now +0.046%Rate

Funding earned: −$9.24
Price spread: +0.046% → 0.000%: $4.55
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$21.69
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 8 min ago; 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 Binance live order book, 8 min ago	1.09 bp	7.2 bp −$7	14.2 bp −$142	43.4 bp −$4,342	174.3 bp −$87.2K
Sell 01 Exchange no order-book sample	—	—	—	—	—

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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0896	−0.217%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.067%	$660	$154K	12x	as long as short
01 Exchange UNIUSDshort	+0.0056%	1h	9.1135	+0.046%	$455	$5	10x
Deribit UNI_USDC-PERPETUAL	+0.0059%	1h	9.0937	−0.171%	$582K	$193K	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1070	−0.026%	$941K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0992	−0.112%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0977	−0.128%	$296K	$580K	10x	as long as short
Binance UNIUSDTlong	+0.0100%	8h	9.1094	long leg	$225.6M	$624.5M	75x
Bybit UNIUSDT	+0.0100%	8h	9.1070	−0.026%	$102.4M	$110.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1070	−0.026%	$56.0M	$257.7M	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	9.1200	+0.117%	$289K	$618K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1030	−0.070%	$23.3M	$62.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1000	−0.103%	$49.2M	$25.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0950	−0.158%	$13.7M	$13.0M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1080	−0.015%	$33.5M	$43.7M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1030	−0.070%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1038	−0.061%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0827	−0.292%	$4.3M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1073	−0.022%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1500	+0.446%	$637K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1480	+0.424%	$89K	$695K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1040	−0.059%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1108	+0.016%	$87K	$421K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0890	−0.223%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1007	−0.095%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0925	−0.185%	$22K	$790K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1147	+0.059%	$714K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1030	−0.070%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0935	−0.174%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1002	−0.101%	$303K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0897	−0.215%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0121%	1h	9.0973	−0.133%	$239K	$32K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1030	−0.070%	$10.4M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.1008	−0.093%	$5.1M	$7.7M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.0960	−0.147%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0371%	1h	9.1011	−0.091%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0895	−0.218%	$647K	—	120x	as long as short
Hyperliquid UNI	+0.0546%	1h	9.1113	+0.021%	$99.4M	$61.7M	10x	as long as short
Lighter UNI	+0.0568%	1h	9.1050	−0.048%	$4.6M	$5.8M	15x	as long as short
Aftermath Perps UNIUSD	+0.1030%	1h	9.1563	+0.515%	$956	$47K	10x	as long as short