Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.026%

Price spread now: Gate against Bybit+0.076%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$490.490% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 7 days−0.056%−$6 · spread now +0.076%, 7d avg +0.044%

Together, before fees−0.067%−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.032% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit UNIUSDT	9.1950	0.0100	pay 0.0100% / 8h	5h 11m	$103.4M	$109.9M	75x
Short	Gate UNI_USDT	9.2020	0.0100	get 0.0100% / 8h	5h 11m	$23.6M	$61.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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 BybitbpFee GatebpOrdersPrice spread, now +0.076%Rate

Funding earned: $0
Price spread: +0.076% → +0.044%: $3.25
Slippage, 4 orders: −$22.96
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$45.72
Costs to cover: 0.490%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 3 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 Bybit live order book, 3 min ago	0.55 bp	10.9 bp −$11	17.8 bp −$178	40.0 bp −$3,998	doesn't fit
Sell Gate live order book, 3 min ago	1.63 bp	12.6 bp −$13	22.3 bp −$223	48.1 bp −$4,808	73.2 bp −$36.6K

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 −0.0006%	1h	9.2027	+0.084%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.970%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.1881	−0.075%	$458	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1870	−0.087%	$957K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.2046	+0.104%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1666	−0.308%	$298K	$573K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.2017	+0.072%	$228.4M	$621.8M	75x	as long as short
Bybit UNIUSDTlong	+0.0100%	8h	9.1950	long leg	$103.4M	$109.9M	75x
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1950	0.000%	$57.0M	$258.6M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1860	−0.098%	$291K	$618K	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	9.2020	+0.076%	$23.6M	$61.9M	75x
MEXC UNI_USDT	+0.0100%	8h	9.2040	+0.098%	$49.5M	$25.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.2050	+0.109%	$13.8M	$13.0M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1980	+0.033%	$33.7M	$43.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.2010	+0.065%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.2081	+0.142%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1627	−0.351%	$4.3M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1978	+0.031%	$173K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1893	−0.062%	$642K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.2110	+0.174%	$90K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1890	−0.065%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1947	−0.003%	$88K	$419K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.2010	+0.065%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.2082	+0.144%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.2037	+0.095%	$22K	$772K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.2020	+0.076%	$725K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.2000	+0.054%	$27.8M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1552	−0.432%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1951	+0.001%	$312K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.2048	+0.106%	$33K	—	3x	as long as short
dYdX UNI-USD	+0.0121%	1h	9.1635	−0.343%	$241K	$31K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.2030	+0.087%	$10.6M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0266%	1h	9.2125	+0.190%	$5.1M	$7.7M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.2070	+0.131%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0371%	1h	9.1896	−0.059%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.2008	+0.063%	$654K	—	120x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0467%	1h	9.2085	+0.147%	$590K	$193K	50x	as long as short
Hyperliquid UNI	+0.0551%	1h	9.2161	+0.230%	$100.5M	$61.7M	10x	as long as short
Lighter UNI	+0.0576%	1h	9.2186	+0.257%	$4.7M	$5.8M	15x	as long as short
Aftermath Perps UNIUSD	+0.1005%	1h	9.2050	+0.109%	$893	$47K	10x	as long as short