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: MEXC against Bybit+0.066%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$280.284% of the position

Long on Bybit Short on MEXC

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−0.031%−$3 · spread now +0.066%, 7d avg +0.058%

Together, before fees0.000%$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit UNIUSDT	9.0540	0.0100	pay 0.0100% / 8h	4h 49m	$101.7M	$110.5M	75x
Short	MEXC UNI_USDT	9.0600	0.0100	get 0.0100% / 8h	4h 49m	$48.4M	$25.2M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.066%Rate

Funding earned: $0
Price spread: +0.066% → +0.058%: $0.85
Slippage, 4 orders: −$13.43
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$27.58
Costs to cover: 0.284%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago	0.55 bp	8.6 bp −$9	17.5 bp −$175	39.0 bp −$3,903	doesn't fit
Sell MEXC live order book, 4 min ago	1.10 bp	3.4 bp −$3	8.1 bp −$81	30.3 bp −$3,034	159.6 bp −$79.8K

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	9.0666	+0.140%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.474%	$660	$154K	12x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0052%	1h	9.0655	+0.127%	$581K	$193K	50x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.0722	+0.201%	$453	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0615	+0.083%	$905K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0568	+0.031%	$1.0M	$3.0M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0628	+0.097%	$294K	$590K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0622	+0.091%	$224.4M	$628.7M	75x	as long as short
Bybit UNIUSDTlong	+0.0100%	8h	9.0540	long leg	$101.7M	$110.5M	75x
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0570	+0.033%	$55.6M	$256.7M	50x	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	9.0680	+0.155%	$287K	$613K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0650	+0.121%	$23.0M	$62.2M	75x	as long as short
MEXC UNI_USDTshort	+0.0100%	8h	9.0600	+0.066%	$48.4M	$25.2M	200x
KuCoin UNIUSDTM	+0.0100%	8h	9.0560	+0.022%	$13.6M	$13.1M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0540	0.000%	$33.3M	$43.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0680	+0.155%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0607	+0.074%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0589	+0.054%	$4.3M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1122	+0.643%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1180	+0.707%	$635K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1120	+0.641%	$89K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0720	+0.199%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0693	+0.169%	$87K	$420K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0600	+0.066%	$16K	$1.6M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0644	+0.115%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0604	+0.071%	$22K	$781K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0810	+0.298%	$715K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0630	+0.099%	$27.4M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0612	+0.079%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0496	−0.048%	$298K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0591	+0.057%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0145%	1h	9.0624	+0.093%	$239K	$30K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0750	+0.232%	$10.4M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.0730	+0.210%	$1.1M	$5.4M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.0669	+0.142%	$5.0M	$7.8M	50x	as long as short
Lighter UNI	+0.0336%	1h	9.0779	+0.264%	$4.6M	$5.8M	15x	as long as short
Reya UNIRUSDPERP	+0.0372%	1h	9.0632	+0.102%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0656	+0.128%	$646K	—	120x	as long as short
Hyperliquid UNI	+0.0468%	1h	9.0689	+0.165%	$98.5M	$61.7M	10x	as long as short
Aftermath Perps UNIUSD	+0.1078%	1h	9.1080	+0.596%	$1K	$46K	10x	as long as short