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 0.000%

Price spread now: Gate against BingX0.000%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$380.379% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days+0.005%+$1 · spread now 0.000%, 7d avg +0.011%

Together, before fees+0.004%$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX UNI-USDT	8.9740	0.0100	pay 0.0100% / 8h	2h 18m	—	$57.2M	—
Short	Gate UNI_USDT	8.9740	0.0100	get 0.0100% / 8h	2h 18m	$24.5M	$66.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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 BingXbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.011%: −$1.15
Slippage, 4 orders: −$12.93
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$39.08
Costs to cover: 0.379%
Break-even: never at this rate

Slippage from BingX: live order book, 6 min ago; Gate: live order book, 1 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 BingX live order book, 6 min ago	0.56 bp	5.8 bp −$6	7.8 bp −$78	16.0 bp −$1,605	66.6 bp −$33.3K
Sell Gate live order book, 1 min ago	1.67 bp	12.7 bp −$13	20.0 bp −$200	34.2 bp −$3,419	55.9 bp −$28.0K

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
Nado UNI-PERP	−0.0063%	1h	8.9785	+0.050%	$824K	$4.6M	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.9888	+0.164%	$4.8M	$8.5M	50x	as long as short
01 Exchange UNIUSD	−0.0016%	1h	8.9819	+0.088%	$448	$5	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9861	+0.135%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.605%	$660	$153K	12x	as long as short
Lighter UNI	+0.0096%	1h	8.9973	+0.260%	$4.5M	$5.6M	15x	as long as short
Polymarket Perps UNI-USD	+0.0098%	1h	8.9782	+0.047%	$106K	$543K	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9765	+0.028%	$26K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9724	−0.018%	$746K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9813	+0.081%	$288K	$612K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.9693	−0.053%	$218.9M	$660.5M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9650	−0.100%	$100.2M	$112.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9660	−0.089%	$55.0M	$267.1M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9890	+0.167%	$321K	$703K	10x	as long as short
Gate UNI_USDTshort	+0.0100%	8h	8.9740	0.000%	$24.5M	$66.1M	75x
MEXC UNI_USDT	+0.0100%	8h	8.9750	+0.011%	$49.4M	$27.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9750	+0.011%	$13.0M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9720	−0.022%	$32.9M	$46.0M	75x	as long as short
BingX UNI-USDTlong	+0.0100%	8h	8.9740	long leg	—	$57.2M	—
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9843	+0.115%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8719	−1.137%	$4.1M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8793	−1.056%	$168K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8591	−1.280%	$619K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8460	−1.426%	$89K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9230	−0.568%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9850	+0.123%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9888	+0.165%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9830	+0.100%	$32K	$865K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9871	+0.146%	$722K	$5.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9780	+0.045%	$27.1M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9802	+0.069%	$301K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9663	−0.086%	$32K	—	3x	as long as short
Hyperliquid UNI	+0.0147%	1h	8.9861	+0.135%	$95.6M	$66.0M	10x	as long as short
dYdX UNI-USD	+0.0179%	1h	8.9802	+0.069%	$236K	$31K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0184%	1h	8.9870	+0.145%	$947K	$5.8M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9610	−0.145%	$10.1M	$3.7M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0287%	1h	8.9920	+0.201%	$576K	$202K	50x	as long as short
Reya UNIRUSDPERP	+0.0377%	1h	8.9783	+0.048%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9853	+0.126%	$639K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0488%	1h	8.9009	−0.814%	$5K	$50K	10x	as long as short