Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.037%

Price spread now: Gate against dYdX+0.104%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$127as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$960.955% of the position

Long on dYdX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.311%−$31 on $10k

Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.104%, 7d avg −0.020%

Together, before fees−0.478%−$48 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 0.124% dearer against dYdX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.020%. Mind the row above: over the last 7 days funding on this pair cost −0.311%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX UNI-USD	8.9717	0.0000	pay 0.0000% / 1h	46m 45s	$236K	$30K	10x
Short	Gate UNI_USDT	8.9810	0.0100	get 0.0100% / 8h	6h 46m	$22.9M	$57.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against dYdX. 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 dYdXbpFee GatebpOrdersPrice spread, now +0.104%Rate

Funding earned: $20.95
Price spread: +0.104% → −0.020%: $12.41
Slippage, 4 orders: −$70.54
Fee dYdX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$62.18
Costs to cover: 0.955%
Break-even: 27.8 days

Slippage from dYdX: live order book, 22 min ago; Gate: live order book, 2 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 dYdX live order book, 22 min ago	25.60 bp	30.9 bp −$31	31.2 bp −$312	93.1 bp −$9,313	321.4 bp −$160.7K
Sell Gate live order book, 2 min ago	1.11 bp	12.9 bp −$13	21.8 bp −$218	40.7 bp −$4,072	63.6 bp −$31.8K

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
dYdX UNI-USDlong	0.0000%	1h	8.9717	long leg	$236K	$30K	10x
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9757	+0.046%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.579%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	8.9834	+0.131%	$448	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9690	−0.030%	$929K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9816	+0.111%	$98.0M	$59.6M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9850	+0.149%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9711	−0.006%	$294K	$582K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9690	−0.029%	$224.7M	$609.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9660	−0.063%	$100.6M	$107.6M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9680	−0.041%	$55.4M	$252.3M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9750	+0.037%	$274K	$616K	10x	as long as short
Gate UNI_USDTshort	+0.0100%	8h	8.9810	+0.104%	$22.9M	$57.9M	75x
MEXC UNI_USDT	+0.0100%	8h	8.9710	−0.007%	$49.8M	$24.9M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9710	−0.007%	$13.3M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9630	−0.096%	$32.8M	$42.8M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9660	−0.063%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9710	−0.007%	$983K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9791	+0.083%	$4.1M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9950	+0.260%	$169K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9996	+0.312%	$635K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0000	+0.316%	$88K	$706K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9970	+0.283%	$55K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9784	+0.075%	$85K	$408K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9730	+0.015%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9800	+0.093%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9700	−0.018%	$21K	$715K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9944	+0.254%	$711K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9750	+0.037%	$27.1M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9672	−0.049%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9622	−0.105%	$299K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9675	−0.046%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0104%	1h	8.9771	+0.061%	$580K	$187K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9940	+0.249%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	8.9780	+0.071%	$1.1M	$4.6M	50x	as long as short
Reya UNIRUSDPERP	+0.0367%	1h	8.9723	+0.007%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0245%	1h	8.9750	+0.037%	$641K	—	120x	as long as short
Lighter UNI	+0.0416%	1h	8.9872	+0.173%	$4.6M	$5.1M	15x	as long as short
Kraken Futures PF_UNIUSD	+0.0427%	1h	8.9744	+0.030%	$5.0M	$6.9M	50x	as long as short
Aftermath Perps UNIUSD	+0.1026%	1h	9.0067	+0.391%	$883	$49K	10x	as long as short