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 +0.015%

Price spread now: Binance against OKX+0.101%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$300.302% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 7 days−0.094%−$9 · spread now +0.101%, 7d avg +0.026%

Together, before fees−0.059%−$6 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: Binance is 0.075% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX UNI-USDT-SWAP	8.9720	0.0100	pay 0.0100% / 8h	6h 46m	$55.5M	$252.4M	50x
Short	Binance UNIUSDT	8.9811	0.0100	get 0.0100% / 8h	6h 46m	$225.0M	$609.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now +0.101%Rate

Funding earned: $0
Price spread: +0.101% → +0.026%: $7.47
Slippage, 4 orders: −$10.21
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$22.74
Costs to cover: 0.302%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Binance: live order book, 12 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 OKX live order book, 2 min ago	0.56 bp	7.7 bp −$8	15.0 bp −$150	55.2 bp −$5,525	doesn't fit
Sell Binance live order book, 12 min ago	1.10 bp	7.8 bp −$8	13.7 bp −$137	45.2 bp −$4,524	168.7 bp −$84.3K

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
dYdX UNI-USD	0.0000%	1h	8.9846	+0.140%	$237K	$30K	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9757	+0.042%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.583%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	8.9834	+0.127%	$448	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9690	−0.033%	$929K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9814	+0.105%	$98.0M	$59.6M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9799	+0.088%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9825	+0.117%	$295K	$582K	10x	as long as short
Binance UNIUSDTshort	+0.0100%	8h	8.9811	+0.101%	$225.0M	$609.3M	75x
Bybit UNIUSDT	+0.0100%	8h	8.9730	+0.011%	$100.7M	$107.6M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAPlong	+0.0100%	8h	8.9720	long leg	$55.5M	$252.4M	50x
Arcus UNI-USD	+0.0100%	1h	8.9930	+0.234%	$275K	$616K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9810	+0.100%	$22.9M	$57.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9840	+0.134%	$49.8M	$24.9M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9750	+0.033%	$13.4M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9760	+0.045%	$32.9M	$42.8M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9770	+0.056%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9710	−0.011%	$983K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9791	+0.079%	$4.1M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9950	+0.256%	$169K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9996	+0.308%	$635K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0000	+0.312%	$88K	$706K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9970	+0.279%	$55K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9784	+0.071%	$85K	$408K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9730	+0.011%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9800	+0.089%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9700	−0.022%	$21K	$715K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9944	+0.250%	$711K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9750	+0.033%	$27.1M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9846	+0.140%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9717	−0.003%	$299K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9675	−0.050%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0104%	1h	8.9771	+0.057%	$580K	$187K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9940	+0.245%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	8.9780	+0.067%	$1.1M	$4.6M	50x	as long as short
Reya UNIRUSDPERP	+0.0367%	1h	8.9723	+0.003%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0245%	1h	8.9750	+0.034%	$641K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0427%	1h	8.9744	+0.027%	$5.0M	$6.9M	50x	as long as short
Lighter UNI	+0.0456%	1h	8.9876	+0.174%	$4.6M	$5.1M	15x	as long as short
Aftermath Perps UNIUSD	+0.1026%	1h	9.0067	+0.387%	$883	$49K	10x	as long as short