UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%

Price spread now: BloFin against MEXC+0.392%64s7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs+$4as 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−$200.203% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.246%+$25 on $10k

Price spread, last 4 days (all we have)−0.311%−$31 · spread now +0.392%, 7d avg +0.004%

Together, before fees−0.065%−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.388% dearer against MEXC than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of +0.004%. The two prices were read 64 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	MEXC UNI_USDT	8.9260	0.0100	pay 0.0100% / 8h	7h 56m	$48.0M	$25.3M	200x
Short	BloFin UNI-USDT	8.9610	0.0220	get 0.0220% / 8h	7h 56m	$10.2M	$3.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.392%Rate

Funding earned: $25.2
Price spread: +0.392% → +0.004%: $38.85
Slippage, 4 orders: −$4.33
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: $43.71
Costs to cover: 0.203%
Break-even: from the start

Slippage from MEXC: 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 MEXC live order book, 3 min ago	0.56 bp	3.4 bp −$3	7.5 bp −$75	27.6 bp −$2,756	152.6 bp −$76.3K
Sell BloFin live order book, 3 min ago	1.12 bp	7.1 bp −$7	13.3 bp −$133	46.2 bp −$4,619	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	−0.0518%	8h	8.9270	+0.011%	$27.0M	$4.4M	50x	as long as short
Kraken Futures PF_UNIUSD	−0.0062%	1h	8.9292	+0.036%	$4.7M	$8.6M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9261	+0.001%	$591K	$273K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	8.9268	+0.009%	$77K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.076%	$660	$153K	12x	as long as short
Nado UNI-PERP	+0.0061%	1h	8.9320	+0.067%	$729K	$4.7M	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9376	+0.129%	$26K	—	20x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9437	+0.198%	$95.4M	$67.7M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9276	+0.017%	$724K	$3.2M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9474	+0.239%	$289K	$567K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.9240	−0.022%	$217.2M	$652.9M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9150	−0.123%	$99.0M	$110.6M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9130	−0.146%	$54.5M	$262.7M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9520	+0.291%	$321K	$698K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9270	+0.011%	$26.6M	$62.5M	75x	as long as short
MEXC UNI_USDTlong	+0.0100%	8h	8.9260	long leg	$48.0M	$25.3M	200x
KuCoin UNIUSDTM	+0.0100%	8h	8.9260	0.000%	$13.0M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9120	−0.157%	$33.0M	$46.1M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9170	−0.101%	—	$6.5M	—	as long as short
Variational Omni UNI	+0.0100%	8h	8.9263	+0.003%	$4.1M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9174	−0.097%	$169K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9259	−0.001%	$630K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9170	−0.101%	$90K	$710K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9640	+0.426%	$14K	$3.5M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9390	+0.146%	$105K	$616K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9250	−0.011%	$17K	$2.3M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9538	+0.311%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9235	−0.028%	$32K	$894K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9500	+0.269%	$709K	$4.7M	75x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9184	−0.085%	$300K	$1.8M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9219	−0.046%	$32K	—	3x	as long as short
Lighter UNI	+0.0120%	1h	8.9363	+0.115%	$4.5M	$5.4M	15x	as long as short
01 Exchange UNIUSD	+0.0120%	1h	8.9413	+0.171%	$446	$5	10x	as long as short
dYdX UNI-USD	+0.0153%	1h	8.9407	+0.164%	$235K	$30K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0208%	1h	8.9380	+0.134%	$930K	$5.5M	50x	as long as short
BloFin UNI-USDTshort	+0.0220%	8h	8.9610	+0.392%	$10.2M	$3.6M	75x
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9274	+0.016%	$635K	—	120x	as long as short
Reya UNIRUSDPERP	+0.0382%	1h	8.9323	+0.070%	$16K	—	20x	as long as short
Aftermath Perps UNIUSD	+0.0388%	1h	8.9243	−0.019%	$1K	$52K	10x	as long as short
Backpack UNI_USDC_PERP	+0.0395%	1h	8.9219	−0.046%	$1.1M	$2.5M	10x	as long as short