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 0.000%

Price spread now: BingX against Gate+0.011%7-day average −0.012% · 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−$48as in the Price arb table

costs, in and out, $10k−$510.506% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days−0.016%−$2 · spread now +0.011%, 7d avg −0.012%

Together, before fees−0.015%−$1 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: BingX is 0.023% dearer against Gate than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UNI_USDT	9.1320	0.0100	pay 0.0100% / 8h	7h 07m	$23.3M	$60.6M	75x
Short	BingX UNI-USDC	9.1330	0.0100	get 0.0100% / 8h	7h 07m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.011%Rate

Funding earned: $0
Price spread: +0.011% → −0.012%: $2.26
Slippage, 4 orders: −$25.56
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$48.3
Costs to cover: 0.506%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; BingX: live order book, 13 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, 1 min ago	0.55 bp	12.9 bp −$13	20.9 bp −$209	51.1 bp −$5,107	79.1 bp −$39.5K
Sell BingX live order book, 13 min ago	1.63 bp	13.0 bp −$13	31.6 bp −$316	84.0 bp −$8,396	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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.1361	+0.045%	$38K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.307%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0088%	1h	9.1235	−0.093%	$455	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1237	−0.090%	$980K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1402	+0.090%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1267	−0.058%	$302K	$586K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1333	+0.014%	$231.7M	$601.1M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1330	+0.011%	$103.0M	$107.9M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1320	0.000%	$56.3M	$254.9M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1260	−0.066%	$282K	$617K	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_USDTlong	+0.0100%	8h	9.1320	long leg	$23.3M	$60.6M	75x
MEXC UNI_USDT	+0.0100%	8h	9.1330	+0.011%	$47.1M	$24.7M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1310	−0.011%	$13.6M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1320	0.000%	$33.7M	$42.9M	75x	as long as short
BingX UNI-USDCshort	+0.0100%	8h	9.1330	+0.011%	—	$6.5M	—
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1373	+0.058%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1470	+0.164%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1505	+0.202%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1708	+0.425%	$639K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1490	+0.186%	$89K	$707K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1540	+0.241%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1364	+0.048%	$85K	$388K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1320	0.000%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1445	+0.137%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1418	+0.107%	$22K	$713K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1568	+0.272%	$724K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1500	+0.197%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1125	−0.214%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1274	−0.050%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1386	+0.072%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0198%	1h	9.1345	+0.028%	$245K	$24K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1550	+0.252%	$10.5M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1500	+0.197%	$1.1M	$4.8M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0280%	1h	9.1411	+0.100%	$591K	$186K	50x	as long as short
Reya UNIRUSDPERP	+0.0367%	1h	9.1318	−0.002%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	9.1371	+0.056%	$577K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0384%	1h	9.1486	+0.182%	$5.1M	$7.0M	50x	as long as short
Hyperliquid UNI	+0.0540%	1h	9.1429	+0.119%	$100.8M	$58.3M	10x	as long as short
Lighter UNI	+0.0976%	1h	9.1663	+0.376%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.1048%	1h	9.1661	+0.373%	$925	$49K	10x	as long as short