Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Phemex−0.325%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$630.635% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)−0.441%−$44 · spread now −0.325%, 7d avg −0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.295% cheaper against Phemex than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex UNIUSDT | 8.9300 | 0.0100 | pay 0.0100% / 8h | 7h 33m | $27.0M | $4.4M | 50x |
| Short | Gate UNI_USDT | 8.9010 | 0.0100 | get 0.0100% / 8h | 7h 33m | $26.7M | $62.7M | 75x |
Phemex UNIUSDT
Gate UNI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.325% → −0.030%
- −$29.46
- Slippage, 4 orders
- −$36.49
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$92.95
- Costs to cover
- 0.635%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; Gate: live order book, 5 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 Phemex live order book, 5 min ago | 0.56 bp | 11.9 bp −$12 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 0.56 bp | 16.0 bp −$16 | 25.8 bp −$258 | 37.1 bp −$3,708 | 58.9 bp −$29.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_UNIUSD | −0.0062% | 1h | 8.9332 | +0.035% | $4.8M | $8.5M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.9228 | −0.081% | $77K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −1.120% | $660 | $153K | 12x | as long as short |
| Nado UNI-PERP | +0.0085% | 1h | 8.9345 | +0.050% | $735K | $4.5M | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8970 | −0.370% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9067 | −0.261% | $728K | $3.2M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9040 | −0.291% | $288K | $565K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9010 | −0.325% | $216.7M | $645.6M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8970 | −0.370% | $98.7M | $109.8M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8920 | −0.426% | $54.4M | $260.2M | 50x | as long as short |
Kraken Futures PF_UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Nado UNI-PERP
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus UNI-USD | +0.0100% | 1h | 8.9030 | −0.302% | $322K | $701K | 10x | as long as short |
| Gate UNI_USDTshort | +0.0100% | 8h | 8.9010 | −0.325% | $26.7M | $62.7M | 75x | |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9000 | −0.336% | $47.6M | $25.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9030 | −0.302% | $13.0M | $13.2M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8940 | −0.403% | $33.1M | $45.8M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8920 | −0.426% | — | $6.5M | — | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.9080 | −0.246% | $4.1M | $4.0M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9005 | −0.330% | $168K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8997 | −0.339% | $622K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9170 | −0.146% | $90K | $709K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9090 | −0.235% | $14K | $3.5M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9240 | −0.067% | $104K | $615K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9310 | +0.011% | $17K | $2.4M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9278 | −0.025% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9270 | −0.034% | $32K | $890K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9500 | +0.224% | $709K | $4.7M | 75x | as long as short |
| Phemex UNIUSDTlong | +0.0100% | 8h | 8.9300 | long leg | $27.0M | $4.4M | 50x | |
| Extended UNI-USD | +0.0104% | 1h | 8.8892 | −0.457% | $300K | $1.8M | 25x | as long as short |
| 01 Exchange UNIUSD | +0.0104% | 1h | 8.8964 | −0.376% | $444 | $5 | 10x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9330 | +0.034% | $32K | — | 3x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0105% | 1h | 8.9383 | +0.092% | $592K | $273K | 50x | as long as short |
| Lighter UNI | +0.0120% | 1h | 8.9143 | −0.176% | $4.5M | $5.4M | 15x | as long as short |
| Hyperliquid UNI | +0.0169% | 1h | 8.9132 | −0.188% | $95.4M | $67.7M | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0208% | 1h | 8.9440 | +0.157% | $931K | $5.5M | 50x | as long as short |
| Backpack UNI_USDC_PERP | +0.0210% | 1h | 8.9323 | +0.026% | $1.1M | $2.5M | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9210 | −0.101% | $10.2M | $3.6M | 75x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.9253 | −0.053% | $635K | — | 120x | as long as short |
| Reya UNIRUSDPERP | +0.0382% | 1h | 8.9178 | −0.137% | $16K | — | 20x | as long as short |
| Aftermath Perps UNIUSD | +0.0401% | 1h | 8.9219 | −0.090% | $1K | $52K | 10x | as long as short |
| dYdX UNI-USD | +0.0558% | 1h | 8.9046 | −0.284% | $234K | $31K | 10x | as long as short |
Arcus UNI-USD
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Extended UNI-USD
01 Exchange UNIUSD
Aevo UNI-PERP
Deribit UNI_USDC-PERPETUAL
Lighter UNI
Hyperliquid UNI
Coinbase International UNI-PERP-INTX
Backpack UNI_USDC_PERP
BloFin UNI-USDT
GMX UNI/USD [UNI-USDC]
Reya UNIRUSDPERP
Aftermath Perps UNIUSD
dYdX UNI-USD