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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0144%/8h= +15.7% APRpaid last 24h +0.101%
Price spread now: GMX against Gate+0.185%7-day average +0.031% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.092%+$9 on $10k
Price spread, last 4 days (all we have)+0.077%+$8 · spread now +0.185%, 7d avg +0.031%
Together, before fees+0.169%+$17 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 GMX is 0.154% dearer against Gate than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate UNI_USDT8.85200.0100pay 0.0100% / 8h6h 55m$26.7M$56.2M75x
ShortGMX UNI/USD [UNI-USDC]8.8684L +0.0381% / S −0.0244%get 0.0030% / 1h55m 57s$631K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$30.16
Price spread: +0.185% → +0.031%
$15.38
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GMX: 6 bp × 2 orders
−$12
Net
$18.54
Costs to cover
0.270%
Break-even
2.7 days
Slippage unknown: Gate: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.

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, 3 min ago1.12 bp15.6 bp −$1623.2 bp −$23258.6 bp −$5,860104.3 bp −$52.2K
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
01 Exchange UNIUSD−0.0016%1h8.8723+0.229%$468$3110xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.8708+0.212%$587K$244K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.9365+0.955%$77K150xas long as short
SoDEX UNI-USD+0.0009%1h8.8640+0.136%$32K$852K10xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.249%$660$152K12xas long as short
dYdX UNI-USD+0.0053%1h8.8723+0.229%$232K$32K10xas long as short
Lighter UNI+0.0096%1h8.8780+0.294%$4.4M$4.9M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8719+0.225%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8725+0.232%$710K$4.4M10xas long as short
Hyperliquid UNI+0.0100%1h8.8727+0.234%$94.8M$67.5M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster UNIUSDT+0.0100%8h8.8600+0.090%$731K$3.0M50xas long as short
Pacifica UNI+0.0100%1h8.8734+0.242%$287K$535K10xas long as short
Binance UNIUSDT+0.0100%8h8.8505−0.017%$214.2M$629.8M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8480−0.045%$98.3M$106.2M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8460−0.068%$54.0M$251.8M50xas long as short
Arcus UNI-USD+0.0100%1h8.8810+0.328%$320K$678K10xas long as short
Gate UNI_USDTlong+0.0100%8h8.8520long leg$26.7M$56.2M75x
MEXC UNI_USDT+0.0100%8h8.8550+0.034%$46.4M$25.0M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8560+0.045%$13.1M$12.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8510−0.011%$32.7M$45.7M75xas long as short
BingX UNI-USDC+0.0100%8h8.85200.000%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8687+0.189%$1.1M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8588+0.077%$4.2M$3.9Mas long as short
edgeX UNIUSDC+0.0100%4h8.9210+0.780%$169K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9438+1.037%$625K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9500+1.107%$90K$706K50xas long as short
StandX UNI-USD+0.0100%1h8.9010+0.554%$33K$3.5M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8738+0.246%$102K$608K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8680+0.181%$16K$2.6M10xas long as short
SunX UNI-USDT+0.0100%8h8.8740+0.249%$36K$1.3M30xas long as short
HTX UNI-USDT+0.0100%8h8.8780+0.294%$697K$4.4M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8690+0.192%$26.7M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8488−0.036%$299K$1.8M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8689+0.191%$31K3xas long as short
Kraken Futures PF_UNIUSD+0.0142%1h8.8683+0.184%$4.7M$8.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8850+0.373%$10.1M$3.6M75xas long as short
Coinbase International UNI-PERP-INTX+0.0248%1h8.8870+0.395%$920K$5.1M50xas long as short
GMX UNI/USD [UNI-USDC]shortL +0.0381% / S −0.0244%1h8.8684+0.185%$631K120x
Reya UNIRUSDPERP+0.0384%1h8.8605+0.096%$16K20xas long as short
Aftermath Perps UNIUSD+0.0580%1h8.9297+0.878%$1K$51K10xas long as short