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 HTX−0.468%50s7-day average −0.136% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$540.545% of the position

Long on HTX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.108%−$11 on $10k

Price spread, last 4 days (all we have)+0.253%+$25 · spread now −0.468%, 7d avg −0.136%

Together, before fees+0.145%+$14 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.332% cheaper against HTX than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of −0.136%. The two prices were read 50 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	HTX UNI-USDT	8.9871	0.0100	pay 0.0100% / 8h	2h 17m	$722K	$5.0M	75x
Short	Gate UNI_USDT	8.9450	0.0100	get 0.0100% / 8h	2h 17m	$24.5M	$66.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.468%Rate

Funding earned: $0
Price spread: −0.468% → −0.136%: −$33.25
Slippage, 4 orders: −$27.48
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$87.73
Costs to cover: 0.545%
Break-even: never at this rate

Slippage from HTX: live order book, 2 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 HTX live order book, 2 min ago	7.28 bp	14.6 bp −$15	67.0 bp −$670	371.6 bp −$37.2K	doesn't fit
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	−0.0057%	1h	8.9520	−0.391%	$822K	$4.6M	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.9888	+0.018%	$4.8M	$8.5M	50x	as long as short
01 Exchange UNIUSD	−0.0008%	1h	8.9519	−0.392%	$447	$5	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9398	−0.526%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.748%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0091%	1h	8.9442	−0.477%	$100K	$552K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0093%	1h	8.9489	−0.425%	$573K	$202K	50x	as long as short
Lighter UNI	+0.0096%	1h	8.9584	−0.319%	$4.5M	$5.6M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9506	−0.406%	$26K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9458	−0.460%	$742K	$3.6M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.9520	−0.391%	$287K	$612K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9397	−0.527%	$218.2M	$660.7M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9350	−0.580%	$99.9M	$111.6M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9420	−0.502%	$54.7M	$265.9M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9640	−0.257%	$320K	$703K	10x	as long as short
Gate UNI_USDTshort	+0.0100%	8h	8.9450	−0.468%	$24.5M	$66.2M	75x
MEXC UNI_USDT	+0.0100%	8h	8.9440	−0.480%	$49.3M	$27.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9500	−0.413%	$13.0M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9450	−0.468%	$33.0M	$45.8M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9380	−0.546%	—	$57.2M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9843	−0.031%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8719	−1.281%	$4.1M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8793	−1.200%	$168K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9630	−0.268%	$621K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9610	−0.290%	$90K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9840	−0.034%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9420	−0.502%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9888	+0.019%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9830	−0.046%	$32K	$865K	10x	as long as short
HTX UNI-USDTlong	+0.0100%	8h	8.9871	long leg	$722K	$5.0M	75x
Phemex UNIUSDT	+0.0100%	8h	8.9780	−0.101%	$27.1M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9487	−0.428%	$301K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9500	−0.413%	$32K	—	3x	as long as short
Hyperliquid UNI	+0.0145%	1h	8.9586	−0.318%	$95.3M	$66.0M	10x	as long as short
dYdX UNI-USD	+0.0175%	1h	8.9482	−0.433%	$236K	$31K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0184%	1h	8.9870	−0.001%	$947K	$5.8M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9610	−0.290%	$10.1M	$3.7M	75x	as long as short
Reya UNIRUSDPERP	+0.0377%	1h	8.9438	−0.482%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9401	−0.523%	$636K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0478%	1h	8.9128	−0.827%	$1K	$54K	10x	as long as short