Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Backpack against Gate+0.102%7-day average +0.493% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$420.417% of the position
Funding, last 7 days+0.095%+$10 on $10k
+Price spread, last 7 days−2.209%−$221 · spread now +0.102%, 7d avg +0.493%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.391% cheaper against Gate than usual: you would sell low and buy high, −$39 on $10k if it goes back to its 7-day average of +0.493%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate UNI_USDT | 8.8950 | 0.0100 | pay 0.0100% / 8h | 1h 36m | $24.9M | $66.5M | 75x |
| Short | Backpack UNI_USDC_PERP | 8.9041 | 0.0100 | get 0.0013% / 1h | 36m 54s | $1.1M | $2.4M | 10x |
Gate UNI_USDT
Backpack UNI_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.102% → +0.493%
- −$39.09
- Slippage, 4 orders
- −$16.69
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$80.78
- Costs to cover
- 0.417%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Backpack: 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 Gate live order book, 2 min ago | 1.69 bp | 13.9 bp −$14 | 25.9 bp −$259 | 62.3 bp −$6,229 | 108.7 bp −$54.3K |
| Sell Backpack live order book, 2 min ago | 0.06 bp | 9.0 bp −$9 | 386.9 bp −$3,869 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps UNI-USD | −0.0179% | 1h | 8.9003 | +0.060% | $109K | $617K | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.9030 | +0.090% | $4.7M | $8.7M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.9059 | +0.122% | $49K | — | 150x | as long as short |
| 01 Exchange UNIUSD | +0.0024% | 1h | 8.9048 | +0.110% | $444 | $5 | 10x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.731% | $660 | $153K | 12x | as long as short |
| dYdX UNI-USD | +0.0095% | 1h | 8.9045 | +0.107% | $234K | $31K | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.9060 | +0.124% | $4.5M | $5.6M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8978 | +0.031% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9040 | +0.101% | $745K | $4.7M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9008 | +0.065% | $734K | $3.6M | 50x | as long as short |
Polymarket Perps UNI-USD
Kraken Futures PF_UNIUSD
gTrade (Gains Network) UNI/USD
01 Exchange UNIUSD
Injective UNI/USDC PERP
dYdX UNI-USD
Lighter UNI
Paradex UNI-USD-PERP
Nado UNI-PERP
Aster UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.9050 | +0.112% | $284K | $591K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8980 | +0.034% | $215.0M | $659.8M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8940 | −0.011% | $98.8M | $112.1M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8940 | −0.011% | $54.1M | $265.6M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9120 | +0.191% | $318K | $704K | 10x | as long as short |
| Gate UNI_USDTlong | +0.0100% | 8h | 8.8950 | long leg | $24.9M | $66.5M | 75x | |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8950 | 0.000% | $49.0M | $26.5M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8970 | +0.022% | $13.0M | $13.4M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8960 | +0.011% | $32.6M | $45.5M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8960 | +0.011% | — | $57.3M | — | as long as short |
| Backpack UNI_USDC_PERPshort | +0.0100% | 1h | 8.9041 | +0.102% | $1.1M | $2.4M | 10x | |
| Variational Omni UNI | +0.0100% | 8h | 8.9189 | +0.269% | $4.1M | $4.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9049 | +0.111% | $169K | $345K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9245 | +0.332% | $630K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9250 | +0.337% | $90K | $710K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9070 | +0.135% | $15K | $3.5M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9030 | +0.090% | $16K | $1.8M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9074 | +0.139% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8980 | +0.034% | $32K | $888K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9140 | +0.214% | $697K | $4.9M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9030 | +0.090% | $26.9M | $4.5M | 50x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0103% | 1h | 8.9045 | +0.107% | $587K | $250K | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8913 | −0.041% | $298K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9005 | +0.062% | $32K | — | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0192% | 1h | 8.9070 | +0.135% | $929K | $5.5M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8920 | −0.034% | $10.1M | $3.6M | 75x | as long as short |
| Hyperliquid UNI | +0.0338% | 1h | 8.9031 | +0.091% | $94.6M | $67.5M | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0378% | 1h | 8.9013 | +0.071% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.9031 | +0.091% | $634K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0529% | 1h | 8.9300 | +0.393% | $1K | $53K | 10x | as long as short |
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Deribit UNI_USDC-PERPETUAL
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Hyperliquid UNI
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD