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 −0.018%

Price spread now: OKX against HTX+0.123%54s7-day average −0.162% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$580.580% of the position

Long on HTX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.100%−$10 on $10k

Price spread, last 3 days (all we have)−0.309%−$31 · spread now +0.123%, 7d avg −0.162%

Together, before fees−0.409%−$41 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: OKX is 0.285% dearer against HTX than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of −0.162%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX UNI-USDT	9.1118	0.0100	pay 0.0100% / 8h	5h 53m	$719K	$4.3M	75x
Short	OKX UNI-USDT-SWAP	9.1230	0.0100	get 0.0100% / 8h	5h 53m	$56.4M	$253.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.123%Rate

Funding earned: $0
Price spread: +0.123% → −0.162%: $28.51
Slippage, 4 orders: −$35.96
Fee HTX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$29.45
Costs to cover: 0.580%
Break-even: never at this rate

Slippage from HTX: live order book, 1 min ago; OKX: live order book, 6 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 HTX live order book, 1 min ago	12.00 bp	22.5 bp −$22	77.0 bp −$770	doesn't fit	doesn't fit
Sell OKX live order book, 6 min ago	0.55 bp	9.3 bp −$9	16.7 bp −$167	73.8 bp −$7,382	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
ApeX Omni UNIUSDT	−0.0060%	1h	9.1070	−0.053%	$89K	$700K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.1238	+0.132%	$19K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.093%	$660	$154K	12x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1035	−0.091%	$951K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1199	+0.089%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1108	−0.011%	$298K	$564K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1242	+0.137%	$227.6M	$608.2M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1220	+0.112%	$102.8M	$107.7M	75x	as long as short
OKX UNI-USDT-SWAPshort	+0.0100%	8h	9.1230	+0.123%	$56.4M	$253.1M	50x
Arcus UNI-USD	+0.0100%	1h	9.1220	+0.112%	$289K	$619K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.1220	+0.112%	$23.4M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1160	+0.046%	$49.5M	$24.9M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1170	+0.057%	$13.7M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1210	+0.101%	$33.5M	$42.5M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1240	+0.134%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0936	−0.200%	$992K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1840	+0.792%	$4.2M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1395	+0.304%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1604	+0.534%	$642K	$2.6M	10x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0940	−0.195%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1156	+0.042%	$89K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1250	+0.145%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0988	−0.143%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1200	+0.090%	$22K	$730K	10x	as long as short
HTX UNI-USDTlong	+0.0100%	8h	9.1118	long leg	$719K	$4.3M	75x
Phemex UNIUSDT	+0.0100%	8h	9.0930	−0.206%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1105	−0.015%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1048	−0.077%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1282	+0.180%	$32K	—	3x	as long as short
01 Exchange UNIUSD	+0.0128%	1h	9.1185	+0.074%	$455	$5	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0130%	1h	9.1055	−0.069%	$591K	$188K	50x	as long as short
dYdX UNI-USD	+0.0228%	1h	9.1084	−0.038%	$240K	$30K	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.1018	−0.110%	$5.1M	$7.1M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.1030	−0.097%	$1.1M	$4.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0369%	1h	9.1096	−0.024%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1254	+0.149%	$649K	—	120x	as long as short
Hyperliquid UNI	+0.0459%	1h	9.1294	+0.193%	$99.3M	$58.9M	10x	as long as short
Lighter UNI	+0.0624%	1h	9.1216	+0.108%	$4.8M	$5.5M	15x	as long as short
Aftermath Perps UNIUSD	+0.0929%	1h	9.1383	+0.291%	$878	$47K	10x	as long as short