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: Bitget against Bybit−0.065%7-day average +0.018% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$440.436% of the position

Long on Bybit Short on Bitget

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+0.075%+$7 · spread now −0.065%, 7d avg +0.018%

Together, before fees+0.095%+$10 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 0.083% cheaper against Bybit than usual: you would sell low and buy high, −$8 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	Bybit UNIUSDT	9.2910	0.0100	pay 0.0100% / 8h	5h 18m	$104.3M	$109.0M	75x
Short	Bitget UNIUSDT	9.2850	0.0100	get 0.0100% / 8h	5h 18m	$33.9M	$43.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.065%Rate

Funding earned: $0
Price spread: −0.065% → +0.018%: −$8.29
Slippage, 4 orders: −$20.55
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$51.84
Costs to cover: 0.436%
Break-even: never at this rate

Slippage from Bybit: live order book, 6 min ago; Bitget: live order book, 5 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, 6 min ago	0.55 bp	10.9 bp −$11	17.7 bp −$177	40.1 bp −$4,006	doesn't fit
Sell Bitget live order book, 5 min ago	0.54 bp	9.0 bp −$9	18.6 bp −$186	43.0 bp −$4,305	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 −0.0008%	1h	9.2804	−0.114%	$55K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−4.962%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	9.3201	+0.313%	$465	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.2910	0.000%	$972K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.3023	+0.122%	$1.1M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.2979	+0.075%	$303K	$573K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.3068	+0.170%	$231.4M	$617.0M	75x	as long as short
Bybit UNIUSDTlong	+0.0100%	8h	9.2910	long leg	$104.3M	$109.0M	75x
OKX UNI-USDT-SWAP	+0.0100%	8h	9.2920	+0.011%	$57.4M	$259.8M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.3280	+0.398%	$295K	$614K	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	9.2930	+0.022%	$23.3M	$61.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.2920	+0.011%	$49.8M	$25.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.2870	−0.043%	$13.9M	$12.9M	75x	as long as short
Bitget UNIUSDTshort	+0.0100%	8h	9.2850	−0.065%	$33.9M	$43.2M	75x
BingX UNI-USDC	+0.0100%	8h	9.3030	+0.129%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.2888	−0.024%	$1.0M	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1888	−1.100%	$4.3M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1904	−1.083%	$173K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.2276	−0.682%	$646K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1920	−1.066%	$90K	$693K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.2880	−0.032%	$45K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.2965	+0.059%	$89K	$415K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.2760	−0.161%	$17K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.2898	−0.013%	$38K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.2830	−0.086%	$22K	$770K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.2920	+0.011%	$727K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.2860	−0.054%	$28.1M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.2916	+0.006%	$27K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.2996	+0.093%	$311K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.2751	−0.172%	$33K	—	3x	as long as short
dYdX UNI-USD	+0.0114%	1h	9.3001	+0.098%	$245K	$31K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.2830	−0.086%	$10.6M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0264%	1h	9.2893	−0.019%	$5.2M	$7.6M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.2910	0.000%	$1.1M	$5.3M	50x	as long as short
Reya UNIRUSDPERP	+0.0371%	1h	9.2876	−0.037%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.2839	−0.076%	$662K	—	120x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0426%	1h	9.2833	−0.083%	$595K	$193K	50x	as long as short
Hyperliquid UNI	+0.0562%	1h	9.3059	+0.160%	$101.6M	$60.6M	10x	as long as short
Lighter UNI	+0.0576%	1h	9.3055	+0.156%	$4.8M	$5.7M	15x	as long as short
Aftermath Perps UNIUSD	+0.0928%	1h	9.2037	−0.939%	$1K	$47K	10x	as long as short