Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0156%/8h= +17.1% APRpaid last 24h −0.006%

Price spread now: Deribit against Gate+0.217%7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$530.529% of the position

Long on Gate Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.009%−$1 on $10k

Price spread, last 3 days (all we have)−0.010%−$1 · spread now +0.217%, 7d avg +0.061%

Together, before fees−0.019%−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Deribit is 0.156% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UNI_USDT	9.0990	0.0100	pay 0.0100% / 8h	6h 20m	$23.3M	$58.8M	75x
Short	Deribit UNI_USDC-PERPETUAL	9.1188	0.0256	get 0.0032% / 1h	20m 43s	$592K	$188K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.217%Rate

Funding earned: $32.76
Price spread: +0.217% → +0.061%: $15.62
Slippage, 4 orders: −$30.88
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$4.5
Costs to cover: 0.529%
Break-even: 8.0 days

Slippage from Gate: live order book, 3 min ago; Deribit: live order book, 48 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, 3 min ago	1.65 bp	16.3 bp −$16	23.9 bp −$239	46.5 bp −$4,651	70.8 bp −$35.4K
Sell Deribit live order book, 48 min ago	7.29 bp	13.1 bp −$13	23.7 bp −$237	doesn't fit	doesn't fit

UNI on 39 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	9.1166	+0.194%	$19K	—	150x	as long as short
dYdX UNI-USD	+0.0025%	1h	9.1013	+0.025%	$240K	$30K	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.956%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	9.1122	+0.145%	$455	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1060	+0.077%	$964K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1102	+0.123%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1023	+0.036%	$298K	$574K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1020	+0.033%	$227.5M	$611.2M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0990	0.000%	$101.9M	$107.5M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0980	−0.011%	$56.2M	$255.3M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.1080	+0.099%	$288K	$641K	10x	as long as short
Gate UNI_USDTlong	+0.0100%	8h	9.0990	long leg	$23.3M	$58.8M	75x
MEXC UNI_USDT	+0.0100%	8h	9.1020	+0.033%	$49.8M	$26.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0960	−0.033%	$13.7M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0980	−0.011%	$33.3M	$42.9M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0980	−0.011%	—	$56.9M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1060	+0.077%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1128	+0.152%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0980	−0.011%	$171K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1110	+0.132%	$634K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1000	+0.011%	$89K	$699K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1220	+0.253%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1167	+0.195%	$86K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1150	+0.176%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1254	+0.290%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1130	+0.154%	$22K	$712K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1212	+0.244%	$727K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1080	+0.099%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0974	−0.017%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0943	−0.051%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1154	+0.181%	$32K	—	3x	as long as short
Hyperliquid UNI	+0.0117%	1h	9.1149	+0.175%	$98.9M	$60.5M	10x	as long as short
Deribit UNI_USDC-PERPETUALshort	+0.0256%	1h	9.1188	+0.217%	$592K	$188K	50x
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.1190	+0.220%	$1.1M	$4.7M	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	9.1096	+0.117%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1166	+0.193%	$648K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0421%	1h	9.1168	+0.195%	$5.1M	$6.9M	50x	as long as short
Lighter UNI	+0.0456%	1h	9.1177	+0.206%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.0937%	1h	9.0854	−0.150%	$991	$48K	10x	as long as short