Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h −0.027%

Price spread now: 01 Exchange against BloFin−0.492%98s7-day average — · you buy dearer than you sell

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

Long on BloFin Short on 01 Exchange

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 −$4 a day on $10k at the current rate, and 01 Exchange is 0.492% cheaper against BloFin than usual: you would sell low and buy high (−$49 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 98 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	BloFin UNI-USDT	9.1460	0.0220	pay 0.0220% / 8h	7h 05m	$10.6M	$3.6M	75x
Short	01 Exchange UNIUSD	9.1010	0.0096	get 0.0012% / 1h	5m 16s	$454	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against BloFin. 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 BloFinbpFee 01 ExchangebpOrdersPrice spread, now −0.492%Rate

Funding earned: −$26.04
Price spread: −0.492% → 0.000%: −$49.2
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$94.24
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 4 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 BloFin live order book, 4 min ago	1.64 bp	13.0 bp −$13	17.6 bp −$176	56.4 bp −$5,637	doesn't fit
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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.1010	−0.492%	$19K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.455%	$660	$154K	12x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0086%	1h	9.1052	−0.446%	$589K	$186K	50x	as long as short
01 Exchange UNIUSDshort	+0.0096%	1h	9.1010	−0.492%	$454	—	10x
Nado UNI-PERP	+0.0100%	1h	9.0970	−0.536%	$968K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0997	−0.506%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1002	−0.501%	$301K	$586K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1030	−0.470%	$231.1M	$600.5M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0980	−0.525%	$102.4M	$107.3M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0990	−0.514%	$56.2M	$254.2M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.1050	−0.448%	$281K	$617K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1010	−0.492%	$23.2M	$60.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1020	−0.481%	$50.8M	$25.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1030	−0.470%	$13.7M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1010	−0.492%	$33.4M	$42.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1010	−0.492%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0964	−0.542%	$998K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0908	−0.603%	$4.1M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1361	−0.109%	$172K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1560	+0.109%	$638K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1520	+0.066%	$89K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1430	−0.033%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1028	−0.472%	$85K	$389K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1020	−0.481%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1078	−0.418%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1070	−0.426%	$22K	$709K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1267	−0.211%	$720K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1130	−0.361%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0913	−0.598%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0975	−0.531%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1036	−0.463%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0197%	1h	9.0983	−0.522%	$244K	$24K	10x	as long as short
BloFin UNI-USDTlong	+0.0220%	8h	9.1460	long leg	$10.6M	$3.6M	75x
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.0940	−0.569%	$1.1M	$4.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0367%	1h	9.1005	−0.498%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	9.1000	−0.503%	$576K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0385%	1h	9.1111	−0.381%	$5.1M	$7.0M	50x	as long as short
Hyperliquid UNI	+0.0528%	1h	9.1116	−0.376%	$100.3M	$58.5M	10x	as long as short
Lighter UNI	+0.0960%	1h	9.1213	−0.270%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.1058%	1h	9.1435	−0.027%	$940	$49K	10x	as long as short