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: BingX against HTX−0.163%7-day average −0.153% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$410.410% of the position

Long on HTX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.107%−$11 on $10k

Price spread, last 4 days (all we have)−0.340%−$34 · spread now −0.163%, 7d avg −0.153%

Together, before fees−0.447%−$45 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX UNI-USDT	9.0558	0.0100	pay 0.0100% / 8h	3h 52m	$724K	$4.7M	75x
Short	BingX UNI-USDT	9.0410	0.0100	get 0.0100% / 8h	3h 52m	—	$56.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.163%Rate

Funding earned: $0
Price spread: −0.163% → −0.153%: −$1.02
Slippage, 4 orders: −$18.99
Fee HTX: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$42
Costs to cover: 0.410%
Break-even: never at this rate

Slippage from HTX: live order book, 6 min ago; BingX: live order book, 11 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, 6 min ago	5.67 bp	16.2 bp −$16	78.4 bp −$784	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	0.55 bp	5.6 bp −$6	8.9 bp −$89	18.8 bp −$1,875	61.9 bp −$31.0K

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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0476	−0.090%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.493%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0072%	1h	9.0461	−0.107%	$451	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0415	−0.158%	$968K	$4.4M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0523	−0.039%	$97.9M	$62.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0498	−0.066%	$814K	$3.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0479	−0.087%	$292K	$602K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0387	−0.189%	$222.1M	$640.7M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0340	−0.241%	$101.6M	$111.5M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0330	−0.252%	$55.0M	$261.3M	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	9.0540	−0.020%	$316K	$653K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0410	−0.163%	$23.6M	$63.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0450	−0.119%	$47.7M	$25.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0450	−0.119%	$13.5M	$13.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0320	−0.263%	$33.3M	$45.2M	75x	as long as short
BingX UNI-USDTshort	+0.0100%	8h	9.0410	−0.163%	—	$56.6M	—
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0487	−0.078%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0369	−0.209%	$4.2M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0450	−0.119%	$170K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0442	−0.129%	$640K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0480	−0.086%	$95K	$701K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0490	−0.075%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0502	−0.062%	$86K	$431K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0440	−0.130%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0506	−0.057%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0460	−0.108%	$22K	$793K	10x	as long as short
HTX UNI-USDTlong	+0.0100%	8h	9.0558	long leg	$724K	$4.7M	75x
Phemex UNIUSDT	+0.0100%	8h	9.0450	−0.119%	$27.4M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0411	−0.162%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0305	−0.279%	$292K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0455	−0.114%	$32K	—	3x	as long as short
Lighter UNI	+0.0112%	1h	9.0595	+0.041%	$4.6M	$5.8M	15x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0202%	1h	9.0502	−0.062%	$580K	$207K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0216%	1h	9.0490	−0.075%	$947K	$5.8M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0420	−0.152%	$10.2M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.0517	−0.045%	$5.0M	$8.0M	50x	as long as short
dYdX UNI-USD	+0.0340%	1h	9.0437	−0.133%	$238K	$30K	10x	as long as short
Reya UNIRUSDPERP	+0.0374%	1h	9.0467	−0.100%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0458	−0.111%	$644K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0881%	1h	9.0596	+0.042%	$990	$46K	10x	as long as short