UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.059%

Price spread now: BloFin against Bybit−0.196%7-day average +0.091% · you buy dearer than you sell

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$430.435% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.277%+$28 on $10k

Price spread, last 3 days (all we have)+0.365%+$36 · spread now −0.196%, 7d avg +0.091%

Together, before fees+0.642%+$64 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.287% cheaper against Bybit than usual: you would sell low and buy high (spread −0.196% now, against its 7-day average of +0.091%). If the spread goes back, that is −$29 on $10k: about 8.0 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit UNIUSDT	9.2030	0.0100	pay 0.0100% / 8h	7h 40m	$103.5M	$106.5M	75x
Short	BloFin UNI-USDT	9.1850	0.0220	get 0.0220% / 8h	7h 40m	$10.1M	$3.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.196%Rate

Funding earned: $25.2
Price spread: −0.196% → +0.091%: −$28.69
Slippage, 4 orders: −$20.47
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$46.95
Costs to cover: 0.435%
Break-even: 20.0 days

Slippage from Bybit: live order book, 3 min ago; BloFin: 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 Bybit live order book, 3 min ago	0.55 bp	10.5 bp −$10	19.9 bp −$199	45.1 bp −$4,515	doesn't fit
Sell BloFin live order book, 3 min ago	1.64 bp	10.8 bp −$11	14.8 bp −$148	36.6 bp −$3,659	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
Phemex UNIUSDT	−0.0126%	8h	9.1920	−0.120%	$27.7M	$4.5M	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	9.1833	−0.214%	$75K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−4.053%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.1793	−0.258%	$458	—	10x	as long as short
OKX UNI-USDT-SWAP	+0.0095%	8h	9.1960	−0.076%	$56.6M	$255.8M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1670	−0.391%	$967K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.2080	+0.054%	$1.1M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.2045	+0.016%	$308K	$592K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.2030	0.000%	$230.3M	$591.8M	75x	as long as short
Bybit UNIUSDTlong	+0.0100%	8h	9.2030	long leg	$103.5M	$106.5M	75x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.2150	+0.130%	$274K	$616K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1990	−0.043%	$23.2M	$58.1M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.2020	−0.011%	$45.0M	$23.7M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.2040	+0.011%	$13.9M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.2010	−0.022%	$33.7M	$41.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.2020	−0.011%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1959	−0.077%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1681	−0.379%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1327	−0.764%	$172K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1211	−0.890%	$637K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1370	−0.717%	$89K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1640	−0.424%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1820	−0.228%	$86K	$375K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1850	−0.196%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.2018	−0.013%	$38K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1950	−0.087%	$21K	$712K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.2020	−0.011%	$735K	$4.4M	75x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1984	−0.050%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1938	−0.100%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1950	−0.087%	$33K	—	3x	as long as short
dYdX UNI-USD	+0.0145%	1h	9.1992	−0.041%	$254K	$7K	10x	as long as short
BloFin UNI-USDTshort	+0.0220%	8h	9.1850	−0.196%	$10.1M	$3.6M	75x
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.2030	0.000%	$1.1M	$5.6M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0356%	1h	9.1992	−0.041%	$593K	$178K	50x	as long as short
Reya UNIRUSDPERP	+0.0366%	1h	9.1763	−0.290%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	9.1822	−0.226%	$581K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0382%	1h	9.2000	−0.033%	$5.1M	$7.0M	50x	as long as short
Hyperliquid UNI	+0.0445%	1h	9.2159	+0.140%	$101.3M	$60.3M	10x	as long as short
Lighter UNI	+0.0824%	1h	9.2196	+0.180%	$4.7M	$5.2M	15x	as long as short
Aftermath Perps UNIUSD	+0.0848%	1h	9.1229	−0.871%	$1K	$49K	10x	as long as short