Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%

Price spread now: Polymarket Perps against Bitget+0.011%50s7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$370.367% of the position

Long on Bitget Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.868%+$87 · spread now +0.011%, 7d avg +0.070%

Together, before fees+0.866%+$87 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: Polymarket Perps is 0.059% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.070%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget UNIUSDT	9.0570	0.0100	pay 0.0100% / 8h	4h 04m	$33.5M	$45.0M	75x
Short	Polymarket Perps UNI-USD	9.0580	0.0100	get 0.0013% / 1h	4m 41s	$86K	$430K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.011%Rate

Funding earned: $0
Price spread: +0.011% → +0.070%: −$5.88
Slippage, 4 orders: −$16.72
Fee Bitget: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$42.6
Costs to cover: 0.367%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Polymarket Perps: live order book, 53 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, 4 min ago	1.11 bp	12.2 bp −$12	20.2 bp −$202	42.8 bp −$4,278	doesn't fit
Sell Polymarket Perps live order book, 53 min ago	3.40 bp	7.5 bp −$8	9.9 bp −$99	doesn't fit	doesn't fit

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	9.0559	−0.012%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.506%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.0661	+0.100%	$452	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0580	+0.011%	$963K	$4.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0550	−0.022%	$815K	$3.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0550	−0.022%	$293K	$600K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0560	−0.011%	$222.4M	$639.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0520	−0.055%	$101.7M	$111.2M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0610	+0.044%	$55.1M	$261.8M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0710	+0.155%	$314K	$650K	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_USDT	+0.0100%	8h	9.0600	+0.033%	$23.6M	$64.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0540	−0.033%	$47.7M	$25.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0490	−0.088%	$13.5M	$13.2M	75x	as long as short
Bitget UNIUSDTlong	+0.0100%	8h	9.0570	long leg	$33.5M	$45.0M	75x
BingX UNI-USDC	+0.0100%	8h	9.0600	+0.033%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0589	+0.021%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0449	−0.133%	$4.2M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0511	−0.066%	$171K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0530	−0.044%	$641K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0510	−0.066%	$95K	$701K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0490	−0.088%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USDshort	+0.0100%	1h	9.0580	+0.011%	$86K	$430K	10x
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0530	−0.044%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0569	−0.001%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0525	−0.050%	$22K	$792K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0558	−0.013%	$724K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0540	−0.033%	$27.4M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0465	−0.116%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0589	+0.021%	$293K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0555	−0.017%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0161%	1h	9.0588	+0.020%	$580K	$207K	50x	as long as short
dYdX UNI-USD	+0.0179%	1h	9.0563	−0.008%	$238K	$30K	10x	as long as short
Lighter UNI	+0.0208%	1h	9.0655	+0.094%	$4.6M	$5.8M	15x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0520	−0.055%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.0610	+0.044%	$950K	$5.8M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.0575	+0.005%	$5.0M	$8.0M	50x	as long as short
Hyperliquid UNI	+0.0313%	1h	9.0586	+0.018%	$98.1M	$62.4M	10x	as long as short
Reya UNIRUSDPERP	+0.0373%	1h	9.0535	−0.039%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0564	−0.007%	$645K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0940%	1h	9.0680	+0.122%	$874	$46K	10x	as long as short