UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0092%/8h= −10.0% APRnext payment −$0.92 per $10,000 · paid last 24h −0.031%

Price spread now: Bybit against MEXC−0.045%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$230.230% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 7 days+0.025%+$2 · spread now −0.045%, 7d avg −0.056%

Together, before fees−0.005%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.056%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC UNI_USDT	8.9250	0.0100	pay 0.0100% / 8h	1h 12m	$43.2M	$24.6M	200x
Short	Bybit UNIUSDT	8.9210	0.0008	get 0.0008% / 8h	1h 12m	$101.8M	$104.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.045%Rate

Funding earned: −$19.25
Price spread: −0.045% → −0.056%: $1.16
Slippage, 4 orders: −$7.95
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$41.04
Costs to cover: 0.230%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago	0.56 bp	2.9 bp −$3	7.2 bp −$72	20.7 bp −$2,067	135.5 bp −$67.7K
Sell Bybit live order book, 2 min ago	0.56 bp	7.5 bp −$7	16.0 bp −$160	40.1 bp −$4,008	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
Variational Omni UNI	−0.0045%	8h	8.9174	−0.085%	$3.9M	$4.5M	—	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9333	+0.093%	$62K	—	150x	as long as short
Bybit UNIUSDTshort	+0.0008%	8h	8.9210	−0.045%	$101.8M	$104.8M	75x
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.064%	$660	$155K	12x	as long as short
OKX UNI-USDT-SWAP	+0.0051%	8h	8.9200	−0.056%	$55.3M	$246.4M	50x	as long as short
01 Exchange UNIUSD	+0.0072%	1h	8.9405	+0.174%	$446	—	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9295	+0.050%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9265	+0.017%	$946K	$4.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9360	+0.123%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9338	+0.098%	$301K	$577K	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	8.9287	+0.041%	$219.7M	$589.7M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9400	+0.168%	$276K	$621K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9330	+0.090%	$23.1M	$58.9M	75x	as long as short
MEXC UNI_USDTlong	+0.0100%	8h	8.9250	long leg	$43.2M	$24.6M	200x
KuCoin UNIUSDTM	+0.0100%	8h	8.9240	−0.011%	$13.6M	$13.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9280	+0.034%	$32.4M	$41.3M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9310	+0.067%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9127	−0.138%	$990K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8836	−0.464%	$167K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8880	−0.415%	$627K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8860	−0.437%	$88K	$712K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9010	−0.269%	$106K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9354	+0.117%	$87K	$355K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9310	+0.067%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9403	+0.171%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9280	+0.034%	$25K	$666K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9418	+0.188%	$733K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9290	+0.045%	$26.9M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9262	+0.013%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9318	+0.076%	$32K	$1K	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0110%	1h	8.9371	+0.136%	$568K	$157K	50x	as long as short
dYdX UNI-USD	+0.0113%	1h	8.9312	+0.070%	$247K	$6K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9070	−0.202%	$9.9M	$3.4M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0224%	1h	8.9360	+0.123%	$1.1M	$5.3M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0339%	1h	8.9368	+0.132%	$5.0M	$7.0M	50x	as long as short
Reya UNIRUSDPERP	+0.0362%	1h	8.9335	+0.095%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0319%	1h	8.9325	+0.084%	$559K	—	120x	as long as short
Hyperliquid UNI	+0.0409%	1h	8.9484	+0.262%	$98.5M	$59.3M	10x	as long as short
Aftermath Perps UNIUSD	+0.0638%	1h	8.9087	−0.183%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0648%	1h	8.9467	+0.243%	$4.6M	$5.2M	15x	as long as short