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 +0.023%

Price spread now: Binance against Bybit+0.076%7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$310.313% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.031%+$3 on $10k

Price spread, last 7 days−0.020%−$2 · spread now +0.076%, 7d avg +0.061%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit UNIUSDT	9.1100	0.0100	pay 0.0100% / 8h	6h 08m	$102.1M	$107.7M	75x
Short	Binance UNIUSDT	9.1169	0.0100	get 0.0100% / 8h	6h 08m	$228.2M	$612.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.076%Rate

Funding earned: $0
Price spread: +0.076% → +0.061%: $1.48
Slippage, 4 orders: −$10.33
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$29.85
Costs to cover: 0.313%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 6 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 Bybit live order book, 1 min ago	0.55 bp	9.4 bp −$9	16.3 bp −$163	36.5 bp −$3,650	doesn't fit
Sell Binance live order book, 6 min ago	0.55 bp	6.0 bp −$6	13.5 bp −$135	44.9 bp −$4,486	163.1 bp −$81.6K

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 −0.0004%	1h	9.1138	+0.042%	$19K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.074%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	9.1108	+0.009%	$455	$5	10x	as long as short
dYdX UNI-USD	+0.0087%	1h	9.0912	−0.206%	$239K	$30K	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1060	−0.044%	$969K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1230	+0.142%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0960	−0.154%	$297K	$568K	10x	as long as short
Binance UNIUSDTshort	+0.0100%	8h	9.1169	+0.076%	$228.2M	$612.5M	75x
Bybit UNIUSDTlong	+0.0100%	8h	9.1100	long leg	$102.1M	$107.7M	75x
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1110	+0.011%	$56.4M	$255.8M	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	9.1090	−0.011%	$288K	$640K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1120	+0.022%	$23.4M	$59.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1140	+0.044%	$49.8M	$26.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1160	+0.066%	$13.8M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1110	+0.011%	$33.4M	$42.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1130	+0.033%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1199	+0.109%	$999K	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1039	−0.067%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0969	−0.144%	$171K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1109	+0.010%	$634K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0950	−0.165%	$89K	$700K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0950	−0.165%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1150	+0.055%	$87K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1170	+0.077%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1222	+0.134%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1186	+0.094%	$22K	$728K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1300	+0.220%	$725K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1150	+0.055%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0950	−0.165%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1094	−0.007%	$301K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1212	+0.123%	$32K	—	3x	as long as short
Hyperliquid UNI	+0.0231%	1h	9.1254	+0.169%	$99.2M	$58.8M	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.1210	+0.121%	$1.1M	$4.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0369%	1h	9.1026	−0.081%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1151	+0.056%	$649K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0420%	1h	9.1194	+0.103%	$5.1M	$6.9M	50x	as long as short
Lighter UNI	+0.0496%	1h	9.1288	+0.206%	$4.7M	$5.3M	15x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0561%	1h	9.1248	+0.163%	$592K	$188K	50x	as long as short
Aftermath Perps UNIUSD	+0.0955%	1h	9.1132	+0.035%	$1K	$48K	10x	as long as short