Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.029%

Price spread now: gTrade (Gains Network) against HTX−0.100%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.100% cheaper against HTX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX UNI-USDT	9.2740	0.0100	pay 0.0100% / 8h	7h 26m	$732K	$4.4M	75x
Short	gTrade (Gains Network) UNI/USD	9.2647	L +0.0004% / S −0.0006%	get 0.0001% / 1h	26m 56s	$50K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against HTX. 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 HTXbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.100%Rate

Funding earned: −$19.7
Price spread: −0.100% → 0.000%: −$10
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$51.7
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 2 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 2 min ago	3.95 bp	17.9 bp −$18	64.7 bp −$647	367.0 bp −$36.7K	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) UNI/USDshort	L +0.0004% / S −0.0006%	1h	9.2647	−0.100%	$50K	—	150x
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−4.788%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0080%	1h	9.2818	+0.084%	$463	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.2705	−0.038%	$1.0M	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.2837	+0.105%	$1.1M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.2690	−0.054%	$309K	$586K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.2690	−0.054%	$232.7M	$597.1M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.2830	+0.097%	$104.7M	$107.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.2810	+0.075%	$57.0M	$260.0M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.2840	+0.108%	$276K	$616K	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_USDT	+0.0100%	8h	9.2690	−0.054%	$23.5M	$59.4M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.2690	−0.054%	$45.5M	$24.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.2660	−0.086%	$13.9M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.2640	−0.108%	$34.0M	$42.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.2690	−0.054%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.2601	−0.150%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.2011	−0.786%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.2339	−0.432%	$174K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.2169	−0.616%	$649K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.2360	−0.410%	$90K	$707K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.2470	−0.291%	$37K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.2819	+0.085%	$81K	$384K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.2630	−0.119%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.2671	−0.074%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.2540	−0.216%	$22K	$714K	10x	as long as short
HTX UNI-USDTlong	+0.0100%	8h	9.2740	long leg	$732K	$4.4M	75x
Phemex UNIUSDT	+0.0100%	8h	9.2510	−0.248%	$27.9M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.2703	−0.040%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.2640	−0.108%	$310K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.2650	−0.097%	$33K	—	3x	as long as short
dYdX UNI-USD	+0.0113%	1h	9.2665	−0.081%	$244K	$20K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0142%	1h	9.2702	−0.041%	$597K	$178K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.2550	−0.205%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.2660	−0.086%	$1.1M	$4.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0366%	1h	9.2660	−0.086%	$17K	—	20x	as long as short
Kraken Futures PF_UNIUSD	+0.0379%	1h	9.2603	−0.147%	$5.2M	$7.0M	50x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0322%	1h	9.2635	−0.113%	$588K	—	120x	as long as short
Hyperliquid UNI	+0.0557%	1h	9.2839	+0.107%	$102.4M	$60.6M	10x	as long as short
Aftermath Perps UNIUSD	+0.0960%	1h	9.2145	−0.641%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0976%	1h	9.2734	−0.006%	$4.7M	$5.3M	15x	as long as short