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 +0.018%

Price spread now: Gate against OKX+0.011%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$470.466% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 7 days−0.039%−$4 · spread now +0.011%, 7d avg +0.010%

Together, before fees−0.047%−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX UNI-USDT-SWAP	9.0850	0.0100	pay 0.0100% / 8h	4h 41m	$55.6M	$258.8M	50x
Short	Gate UNI_USDT	9.0860	0.0100	get 0.0100% / 8h	4h 41m	$23.5M	$62.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.011%Rate

Funding earned: $0
Price spread: +0.011% → +0.010%: $0.14
Slippage, 4 orders: −$21.61
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$46.47
Costs to cover: 0.466%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago	0.55 bp	9.1 bp −$9	15.7 bp −$157	58.3 bp −$5,825	doesn't fit
Sell Gate live order book, 3 min ago	1.64 bp	13.9 bp −$14	21.2 bp −$212	38.9 bp −$3,887	62.2 bp −$31.1K

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	9.0856	+0.007%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.807%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	9.0924	+0.081%	$454	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0867	+0.019%	$921K	$4.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0961	+0.123%	$1.0M	$3.0M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0917	+0.074%	$295K	$590K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0898	+0.052%	$224.2M	$631.5M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0850	0.000%	$101.8M	$110.7M	75x	as long as short
OKX UNI-USDT-SWAPlong	+0.0100%	8h	9.0850	long leg	$55.6M	$258.8M	50x
Arcus UNI-USD	+0.0100%	1h	9.0490	−0.396%	$287K	$630K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDTshort	+0.0100%	8h	9.0860	+0.011%	$23.5M	$62.9M	75x
MEXC UNI_USDT	+0.0100%	8h	9.0860	+0.011%	$48.4M	$25.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0860	+0.011%	$13.6M	$13.1M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0870	+0.022%	$33.5M	$44.3M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0840	−0.011%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0930	+0.088%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0968	+0.130%	$4.3M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1200	+0.385%	$172K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1003	+0.169%	$639K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1050	+0.220%	$89K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1140	+0.319%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0901	+0.056%	$87K	$421K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0860	+0.011%	$16K	$1.6M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0961	+0.122%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0896	+0.051%	$22K	$783K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0940	+0.099%	$719K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0890	+0.044%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0847	−0.004%	$26K	—	20x	as long as short
dYdX UNI-USD	+0.0101%	1h	9.0903	+0.058%	$239K	$30K	10x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0841	−0.009%	$299K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0876	+0.029%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0121%	1h	9.0908	+0.064%	$582K	$193K	50x	as long as short
Lighter UNI	+0.0184%	1h	9.1022	+0.189%	$4.6M	$5.8M	15x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0960	+0.121%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.0880	+0.033%	$1.1M	$5.5M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.0861	+0.013%	$5.0M	$7.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0372%	1h	9.0761	−0.098%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0845	−0.006%	$647K	—	120x	as long as short
Hyperliquid UNI	+0.0451%	1h	9.0976	+0.138%	$98.8M	$61.8M	10x	as long as short
Aftermath Perps UNIUSD	+0.1057%	1h	9.0973	+0.135%	$910	$46K	10x	as long as short