Funding arb · Price arb /

UNI

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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 0.000%

Price spread now: Bitget against HTX+0.195%46s7-day average −0.159% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$520.517% of the position

Long on HTX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 4 days (all we have)−1.019%−$102 · spread now +0.195%, 7d avg −0.159%

Together, before fees−1.095%−$110 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 0.354% dearer against HTX than usual: you sell high and buy low, +$35 on $10k if it goes back to its 7-day average of −0.159%. The two prices were read 46 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	HTX UNI-USDT	9.0873	0.0100	pay 0.0100% / 8h	5h 45m	$721K	$4.3M	75x
Short	Bitget UNIUSDT	9.1050	0.0100	get 0.0100% / 8h	5h 45m	$33.4M	$42.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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 HTXbpFee BitgetbpOrdersPrice spread, now +0.195%Rate

Funding earned: $0
Price spread: +0.195% → −0.159%: $35.36
Slippage, 4 orders: −$27.7
Fee HTX: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$16.35
Costs to cover: 0.517%
Break-even: never at this rate

Slippage from HTX: live order book, 4 min ago; Bitget: 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 HTX live order book, 4 min ago	7.35 bp	16.7 bp −$17	75.8 bp −$758	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	2.21 bp	9.6 bp −$10	17.4 bp −$174	42.0 bp −$4,204	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 −0.0004%	1h	9.0880	+0.008%	$19K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.831%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0088%	1h	9.1066	+0.212%	$454	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0970	+0.107%	$946K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0876	+0.003%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0882	+0.010%	$296K	$570K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1081	+0.229%	$227.2M	$609.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1020	+0.162%	$102.5M	$108.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1060	+0.206%	$56.3M	$253.3M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1080	+0.228%	$288K	$619K	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	9.1010	+0.151%	$23.4M	$59.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1090	+0.239%	$49.4M	$25.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1110	+0.261%	$13.6M	$12.9M	75x	as long as short
Bitget UNIUSDTshort	+0.0100%	8h	9.1050	+0.195%	$33.4M	$42.7M	75x
BingX UNI-USDC	+0.0100%	8h	9.1070	+0.217%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0777	−0.106%	$989K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0819	−0.059%	$4.2M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0612	−0.287%	$171K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0730	−0.158%	$634K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0770	−0.113%	$89K	$699K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0830	−0.047%	$58K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1104	+0.254%	$88K	$411K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0880	+0.008%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0855	−0.020%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0810	−0.069%	$25K	$747K	10x	as long as short
HTX UNI-USDTlong	+0.0100%	8h	9.0873	long leg	$721K	$4.3M	75x
Phemex UNIUSDT	+0.0100%	8h	9.0730	−0.157%	$27.4M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0967	+0.104%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1032	+0.174%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0766	−0.117%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0193%	1h	9.0903	+0.033%	$239K	$30K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0640	−0.256%	—	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.0847	−0.028%	$5.1M	$7.2M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.0890	+0.019%	$1.1M	$5.0M	50x	as long as short
Reya UNIRUSDPERP	+0.0370%	1h	9.1052	+0.197%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0898	+0.027%	$647K	—	120x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0489%	1h	9.0958	+0.094%	$586K	$191K	50x	as long as short
Hyperliquid UNI	+0.0548%	1h	9.1239	+0.403%	$99.5M	$59.1M	10x	as long as short
Lighter UNI	+0.0592%	1h	9.1023	+0.165%	$4.7M	$5.6M	15x	as long as short
Aftermath Perps UNIUSD	+0.0953%	1h	9.1021	+0.163%	$874	$47K	10x	as long as short