Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.005%

Price spread now: 01 Exchange against Bitget+0.196%47s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and 01 Exchange is 0.196% dearer against Bitget than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 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	8.9600	0.0100	pay 0.0100% / 8h	9m 46s	$32.7M	$42.0M	75x
Short	01 Exchange UNIUSD	8.9776	0.0168	get 0.0021% / 1h	9m 46s	$448	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.196%Rate

Funding earned: $14.28
Price spread: +0.196% → 0.000%: $19.64
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $14.92
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: Bitget: live order book, 4 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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	10.7 bp −$11	17.7 bp −$177	35.2 bp −$3,517	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−1.451%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9645	+0.050%	$62K	—	150x	as long as short
Variational Omni UNI	+0.0082%	8h	8.9422	−0.199%	$4.1M	$4.4M	—	as long as short
OKX UNI-USDT-SWAP	+0.0085%	8h	8.9570	−0.033%	$54.8M	$248.9M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0086%	1h	8.9685	+0.095%	$577K	$177K	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9642	+0.047%	$956K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9710	+0.123%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9624	+0.026%	$296K	$591K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9632	+0.035%	$221.9M	$591.4M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9570	−0.033%	$101.3M	$105.4M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	8.9820	+0.246%	$270K	$614K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9610	+0.011%	$22.8M	$59.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9610	+0.011%	$43.7M	$24.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9620	+0.022%	$13.6M	$13.5M	75x	as long as short
Bitget UNIUSDTlong	+0.0100%	8h	8.9600	long leg	$32.7M	$42.0M	75x
BingX UNI-USDC	+0.0100%	8h	8.9630	+0.033%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9691	+0.102%	$1.1M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9828	+0.254%	$169K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9580	−0.022%	$630K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9890	+0.324%	$88K	$710K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9520	−0.089%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9742	+0.158%	$85K	$366K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9630	+0.033%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9780	+0.201%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9633	+0.037%	$21K	$676K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9860	+0.290%	$719K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9610	+0.011%	$27.0M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9564	−0.040%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9598	−0.003%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9657	+0.063%	$32K	$1K	3x	as long as short
01 Exchange UNIUSDshort	+0.0168%	1h	8.9776	+0.196%	$448	—	10x
BloFin UNI-USDT	+0.0220%	8h	8.9480	−0.134%	$10.0M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	8.9720	+0.134%	$1.1M	$5.4M	50x	as long as short
dYdX UNI-USD	+0.0312%	1h	8.9645	+0.050%	$248K	$6K	10x	as long as short
Reya UNIRUSDPERP	+0.0365%	1h	8.9616	+0.018%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	8.9617	+0.019%	$567K	—	120x	as long as short
Hyperliquid UNI	+0.0467%	1h	8.9732	+0.147%	$98.3M	$59.5M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0564%	1h	8.9680	+0.089%	$5.0M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0864%	1h	8.9773	+0.193%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0920%	1h	8.9829	+0.256%	$4.6M	$5.3M	15x	as long as short