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: Bitget against BingX−0.044%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$470.470% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 7 days+0.034%+$3 · spread now −0.044%, 7d avg −0.014%

Together, before fees+0.064%+$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: Bitget is 0.030% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX UNI-USDC	9.1090	0.0100	pay 0.0100% / 8h	6h 11m	—	$6.5M	—
Short	Bitget UNIUSDT	9.1050	0.0100	get 0.0100% / 8h	6h 11m	$33.4M	$42.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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 BingXbpFee BitgetbpOrdersPrice spread, now −0.044%Rate

Funding earned: $0
Price spread: −0.044% → −0.014%: −$3.03
Slippage, 4 orders: −$25
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$50.03
Costs to cover: 0.470%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; Bitget: 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 BingX live order book, 10 min ago	1.65 bp	13.6 bp −$14	28.4 bp −$284	85.9 bp −$8,589	doesn't fit
Sell Bitget live order book, 3 min ago	2.20 bp	10.6 bp −$11	17.7 bp −$177	38.3 bp −$3,835	doesn't fit

UNI on 39 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 −0.0009%	1h	9.1074	−0.018%	$32K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.063%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	9.0955	−0.148%	$454	$5	10x	as long as short
dYdX UNI-USD	+0.0067%	1h	9.0928	−0.178%	$239K	$30K	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0875	−0.236%	$967K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1160	+0.076%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0928	−0.178%	$297K	$574K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1126	+0.039%	$228.1M	$612.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1080	−0.011%	$102.0M	$107.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1110	+0.022%	$56.3M	$256.6M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.1010	−0.088%	$288K	$638K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1080	−0.011%	$23.3M	$59.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1100	+0.011%	$49.9M	$26.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1100	+0.011%	$13.8M	$12.9M	75x	as long as short
Bitget UNIUSDTshort	+0.0100%	8h	9.1050	−0.044%	$33.4M	$42.9M	75x
BingX UNI-USDClong	+0.0100%	8h	9.1090	long leg	—	$6.5M	—
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1094	+0.004%	$999K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1039	−0.056%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1135	+0.049%	$171K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1163	+0.081%	$641K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0950	−0.154%	$89K	$700K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1120	+0.033%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0948	−0.156%	$87K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1080	−0.011%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1011	−0.087%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1115	+0.027%	$22K	$728K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1277	+0.205%	$723K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1080	−0.011%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0853	−0.260%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1077	−0.015%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1115	+0.028%	$32K	—	3x	as long as short
Hyperliquid UNI	+0.0220%	1h	9.1220	+0.143%	$99.2M	$61.5M	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0229%	1h	9.1157	+0.074%	$592K	$188K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.1130	+0.044%	$1.1M	$4.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0369%	1h	9.0906	−0.202%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1041	−0.054%	$647K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0421%	1h	9.1144	+0.060%	$5.1M	$6.9M	50x	as long as short
Lighter UNI	+0.0496%	1h	9.1269	+0.197%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.0951%	1h	9.1108	+0.020%	$1K	$48K	10x	as long as short