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 −0.026%

Price spread now: Bybit against Bitget+0.209%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$400.403% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 7 days−0.222%−$22 · spread now +0.209%, 7d avg −0.018%

Together, before fees−0.242%−$24 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: Bybit is 0.227% dearer against Bitget than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget UNIUSDT	9.0890	0.0100	pay 0.0100% / 8h	6h 11m	$33.3M	$42.9M	75x
Short	Bybit UNIUSDT	9.1080	0.0100	get 0.0100% / 8h	6h 11m	$102.0M	$107.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now +0.209%Rate

Funding earned: $0
Price spread: +0.209% → −0.018%: $22.74
Slippage, 4 orders: −$17.26
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$17.52
Costs to cover: 0.403%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Bybit: 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 Bitget live order book, 3 min ago	2.20 bp	10.9 bp −$11	17.6 bp −$176	48.3 bp −$4,826	doesn't fit
Sell Bybit live order book, 3 min ago	0.55 bp	8.7 bp −$9	15.2 bp −$152	41.7 bp −$4,168	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	+0.202%	$32K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.850%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	9.0955	+0.072%	$454	$5	10x	as long as short
dYdX UNI-USD	+0.0067%	1h	9.0928	+0.041%	$239K	$30K	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0875	−0.017%	$967K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0929	+0.043%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0928	+0.042%	$297K	$574K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1110	+0.242%	$227.8M	$612.1M	75x	as long as short
Bybit UNIUSDTshort	+0.0100%	8h	9.1080	+0.209%	$102.0M	$107.7M	75x
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1080	+0.209%	$56.3M	$256.5M	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	+0.132%	$288K	$638K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0970	+0.088%	$23.2M	$59.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0960	+0.077%	$49.6M	$26.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0940	+0.055%	$13.7M	$12.9M	75x	as long as short
Bitget UNIUSDTlong	+0.0100%	8h	9.0890	long leg	$33.3M	$42.9M	75x
BingX UNI-USDT	+0.0100%	8h	9.1060	+0.187%	—	$56.8M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1105	+0.237%	$999K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1088	+0.218%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1135	+0.269%	$171K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1163	+0.301%	$641K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0950	+0.066%	$89K	$700K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1120	+0.253%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0948	+0.064%	$87K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1080	+0.209%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1171	+0.309%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1107	+0.239%	$22K	$725K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1242	+0.387%	$722K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1050	+0.176%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0853	−0.041%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0812	−0.086%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1115	+0.248%	$32K	—	3x	as long as short
Hyperliquid UNI	+0.0218%	1h	9.1065	+0.193%	$99.0M	$61.5M	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0256%	1h	9.1167	+0.305%	$592K	$188K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.1310	+0.462%	$1.1M	$4.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0369%	1h	9.0906	+0.018%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1041	+0.166%	$647K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0421%	1h	9.1154	+0.290%	$5.1M	$6.9M	50x	as long as short
Lighter UNI	+0.0496%	1h	9.1072	+0.200%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.0951%	1h	9.1108	+0.240%	$1K	$48K	10x	as long as short