Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h +0.010%

Price spread now: 01 Exchange against BingX+0.063%7-day average — · you sell dearer than you buy

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

Long on BingX Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. 01 Exchange is 0.063% dearer against BingX than usual: you sell high and buy low (spread +0.063% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX UNI-USDC	8.9830	0.0100	pay 0.0100% / 8h	1h 57m	—	$6.5M	—
Short	01 Exchange UNIUSD	8.9887	0.0064	get 0.0008% / 1h	57m 31s	$449	$5	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.063%Rate

Funding earned: −$7.56
Price spread: +0.063% → 0.000%: $6.35
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$18.21
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 8 min ago; 01 Exchange: 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 BingX live order book, 8 min ago	1.11 bp	11.8 bp −$12	29.3 bp −$293	81.6 bp −$8,156	546.1 bp −$273.1K
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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
Polymarket Perps UNI-USD	−0.0048%	1h	8.9955	+0.139%	$123K	$588K	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.9927	+0.108%	$4.7M	$8.6M	50x	as long as short
dYdX UNI-USD	0.0000%	1h	8.9952	+0.136%	$237K	$31K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9948	+0.132%	$593K	$248K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9952	+0.136%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.703%	$660	$153K	12x	as long as short
01 Exchange UNIUSDshort	+0.0064%	1h	8.9887	+0.063%	$449	$5	10x
Lighter UNI	+0.0096%	1h	8.9997	+0.186%	$4.5M	$5.6M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9892	+0.069%	$26K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9820	−0.011%	$774K	$4.7M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster UNIUSDT	+0.0100%	8h	8.9871	+0.046%	$741K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9931	+0.112%	$288K	$593K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9850	+0.022%	$218.0M	$659.6M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9830	0.000%	$100.0M	$112.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9820	−0.011%	$54.6M	$267.7M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9920	+0.100%	$321K	$705K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9810	−0.022%	$24.8M	$65.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9910	+0.089%	$49.5M	$26.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9940	+0.122%	$13.2M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9810	−0.022%	$33.0M	$45.9M	75x	as long as short
BingX UNI-USDClong	+0.0100%	8h	8.9830	long leg	—	$6.5M	—
Variational Omni UNI	+0.0100%	8h	9.0088	+0.288%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9923	+0.104%	$170K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0110	+0.312%	$624K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0270	+0.490%	$91K	$709K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0020	+0.212%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9910	+0.089%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0023	+0.215%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9889	+0.066%	$32K	$887K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0040	+0.234%	$702K	$5.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9930	+0.111%	$27.1M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9779	−0.057%	$299K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9914	+0.094%	$32K	—	3x	as long as short
Backpack UNI_USDC_PERP	+0.0132%	1h	8.9975	+0.161%	$1.1M	$2.4M	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0192%	1h	9.0110	+0.312%	$939K	$5.6M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0020	+0.212%	$10.1M	$3.7M	75x	as long as short
Reya UNIRUSDPERP	+0.0378%	1h	8.9957	+0.141%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9971	+0.157%	$640K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0489%	1h	9.0109	+0.310%	$1K	$54K	10x	as long as short
Hyperliquid UNI	+0.0601%	1h	9.0061	+0.257%	$96.9M	$66.7M	10x	as long as short