Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: Gate against MEXC0.000%7-day average −0.015% · 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−$34as in the Price arb table

costs, in and out, $10k−$360.358% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.022%−$2 on $10k

Price spread, last 7 days−0.002%$0 · spread now 0.000%, 7d avg −0.015%

Together, before fees−0.025%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC UNI_USDT	8.9120	0.0100	pay 0.0100% / 8h	7h 37m	$47.7M	$25.4M	200x
Short	Gate UNI_USDT	8.9120	0.0100	get 0.0100% / 8h	7h 37m	$26.7M	$62.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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 MEXCbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.015%: $1.46
Slippage, 4 orders: −$16.78
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$34.33
Costs to cover: 0.358%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 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 MEXC live order book, 1 min ago	0.56 bp	4.2 bp −$4	6.1 bp −$61	25.6 bp −$2,560	169.2 bp −$84.6K
Sell Gate live order book, 1 min ago	0.56 bp	16.0 bp −$16	25.8 bp −$258	37.1 bp −$3,708	58.9 bp −$29.4K

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
Kraken Futures PF_UNIUSD	−0.0062%	1h	8.9181	+0.068%	$4.7M	$8.5M	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	8.9151	+0.035%	$77K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.920%	$660	$153K	12x	as long as short
Nado UNI-PERP	+0.0092%	1h	8.9060	−0.067%	$733K	$4.6M	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8969	−0.170%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9207	+0.098%	$725K	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9022	−0.110%	$288K	$565K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9140	+0.022%	$217.0M	$651.9M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9130	+0.011%	$98.9M	$110.5M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9110	−0.011%	$54.5M	$262.7M	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	8.9160	+0.045%	$323K	$701K	10x	as long as short
Gate UNI_USDTshort	+0.0100%	8h	8.9120	0.000%	$26.7M	$62.7M	75x
MEXC UNI_USDTlong	+0.0100%	8h	8.9120	long leg	$47.7M	$25.4M	200x
KuCoin UNIUSDTM	+0.0100%	8h	8.9170	+0.056%	$13.0M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9160	+0.045%	$33.2M	$46.1M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9120	0.000%	—	$6.5M	—	as long as short
Variational Omni UNI	+0.0100%	8h	8.8960	−0.179%	$4.1M	$4.0M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9044	−0.086%	$168K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9100	−0.022%	$622K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9060	−0.067%	$90K	$709K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9030	−0.101%	$14K	$3.5M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9065	−0.062%	$104K	$616K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9100	−0.022%	$17K	$2.4M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9099	−0.024%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9117	−0.003%	$32K	$902K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9207	+0.098%	$707K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9110	−0.011%	$27.0M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9107	−0.015%	$300K	$1.8M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9120	0.000%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0107%	1h	8.9173	+0.059%	$591K	$273K	50x	as long as short
01 Exchange UNIUSD	+0.0120%	1h	8.9131	+0.012%	$445	$5	10x	as long as short
Lighter UNI	+0.0136%	1h	8.9223	+0.116%	$4.5M	$5.4M	15x	as long as short
Hyperliquid UNI	+0.0158%	1h	8.9275	+0.174%	$95.3M	$67.5M	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0208%	1h	8.9260	+0.157%	$929K	$5.5M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9010	−0.123%	$10.2M	$3.6M	75x	as long as short
Backpack UNI_USDC_PERP	+0.0237%	1h	8.9238	+0.132%	$1.1M	$2.5M	10x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.9150	+0.034%	$634K	—	120x	as long as short
Reya UNIRUSDPERP	+0.0382%	1h	8.9113	−0.008%	$16K	—	20x	as long as short
Aftermath Perps UNIUSD	+0.0407%	1h	8.9197	+0.087%	$1K	$52K	10x	as long as short
dYdX UNI-USD	+0.0544%	1h	8.9056	−0.072%	$234K	$31K	10x	as long as short