Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against Gate+0.135%93s7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.429% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.288%+$29 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.135%, 7d avg +0.019%
Together, before fees+0.268%+$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.116% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.019%. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate UNI_USDT8.86400.0100pay 0.0100% / 8h1h 03m$25.2M$66.9M75x
ShortBloFin UNI-USDT8.87600.0220get 0.0220% / 8h1h 03m$10.0M$3.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$25.2
Price spread: +0.135% → +0.019%
$11.59
Slippage, 4 orders
−$15.86
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$6.07
Costs to cover
0.429%
Break-even
8.7 days
Slippage from Gate: live order book, 5 min ago; BloFin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 5 min ago1.13 bp13.2 bp −$1322.5 bp −$22563.6 bp −$6,361108.7 bp −$54.3K
Sell BloFin live order book, 5 min ago0.56 bp8.8 bp −$917.4 bp −$17432.2 bp −$3,222doesn't fit

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps UNI-USD−0.0081%1h8.8594−0.052%$106K$619K10xas long as short
01 Exchange UNIUSD−0.0024%1h8.8637−0.003%$442$510xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.8654+0.016%$4.7M$8.6M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8634−0.007%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.384%$660$153K12xas long as short
Nado UNI-PERP+0.0036%1h8.8643+0.003%$736K$4.7M10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0058%1h8.8661+0.024%$584K$250K50xas long as short
Lighter UNI+0.0096%1h8.8758+0.133%$4.5M$5.7M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8616−0.027%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8683+0.048%$726K$3.6M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.8665+0.028%$284K$590K10xas long as short
Binance UNIUSDT+0.0100%8h8.8627−0.014%$214.1M$657.0M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8590−0.056%$98.1M$111.4M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8600−0.045%$53.9M$263.8M50xas long as short
Arcus UNI-USD+0.0100%1h8.8700+0.068%$316K$695K10xas long as short
Gate UNI_USDTlong+0.0100%8h8.8640long leg$25.2M$66.9M75x
MEXC UNI_USDT+0.0100%8h8.8660+0.023%$48.5M$26.7M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8660+0.023%$13.0M$13.4M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8630−0.011%$32.4M$45.4M75xas long as short
BingX UNI-USDC+0.0100%8h8.8620−0.023%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8655+0.017%$1.1M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8829+0.214%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.8745+0.118%$168K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8670+0.034%$620K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8750+0.124%$89K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.8660+0.023%$15K$3.4M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8590−0.056%$16K$2.0M10xas long as short
SunX UNI-USDT+0.0100%8h8.8624−0.018%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8600−0.045%$32K$887K10xas long as short
HTX UNI-USDT+0.0100%8h8.8687+0.053%$694K$4.8M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8620−0.023%$26.7M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8587−0.060%$289K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8608−0.037%$31K3xas long as short
Hyperliquid UNI+0.0158%1h8.8791+0.170%$94.4M$67.6M10xas long as short
Coinbase International UNI-PERP-INTX+0.0192%1h8.8670+0.034%$924K$5.4M50xas long as short
BloFin UNI-USDTshort+0.0220%8h8.8760+0.135%$10.0M$3.6M75x
dYdX UNI-USD+0.0375%1h8.8632−0.009%$233K$30K10xas long as short
Reya UNIRUSDPERP+0.0379%1h8.8587−0.059%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8632−0.009%$630K120xas long as short
Aftermath Perps UNIUSD+0.0515%1h8.8815+0.198%$988$53K10xas long as short