Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bitget against Pacifica+0.051%52s7-day average −0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as 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−$420.421% of the position

Long on Pacifica Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.072%−$7 on $10k

Price spread, last 7 days−0.058%−$6 · spread now +0.051%, 7d avg −0.041%

Together, before fees−0.130%+ Points / potential airdropPacifica: Active · farm board−$13 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 0.092% dearer against Pacifica than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.041%. The two prices were read 52 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	Pacifica UNI	8.9804	0.0100	pay 0.0013% / 1h	50m 55s	$296K	$581K	10x
Short	Bitget UNIUSDT	8.9850	0.0100	get 0.0100% / 8h	6h 50m	$32.9M	$43.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Pacifica. 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 PacificabpFee BitgetbpOrdersPrice spread, now +0.051%Rate

Funding earned: $0
Price spread: +0.051% → −0.041%: $9.23
Slippage, 4 orders: −$22.05
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$32.82
Costs to cover: 0.421%
Break-even: never at this rate

Slippage from Pacifica: live order book, 18 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 Pacifica live order book, 18 min ago	1.10 bp	10.2 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	1.67 bp	10.7 bp −$11	21.2 bp −$212	49.7 bp −$4,975	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
ApeX Omni UNIUSDT	−0.0157%	1h	9.0000	+0.218%	$88K	$707K	50x	as long as short
dYdX UNI-USD	0.0000%	1h	8.9787	−0.020%	$236K	$29K	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9840	+0.040%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.675%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	8.9829	+0.027%	$448	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9772	−0.035%	$930K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9937	+0.148%	$98.3M	$59.5M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9946	+0.157%	$1.0M	$2.9M	50x	as long as short
Pacifica UNIlong	+0.0100%	1h	8.9804	long leg	$296K	$581K	10x
Binance UNIUSDT	+0.0100%	8h	8.9880	+0.084%	$226.9M	$609.1M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit UNIUSDT	+0.0100%	8h	8.9840	+0.040%	$100.9M	$108.2M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9860	+0.062%	$55.4M	$253.7M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9900	+0.107%	$275K	$616K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9870	+0.073%	$22.9M	$57.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9890	+0.095%	$49.8M	$24.9M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9920	+0.129%	$13.4M	$13.8M	75x	as long as short
Bitget UNIUSDTshort	+0.0100%	8h	8.9850	+0.051%	$32.9M	$43.5M	75x
BingX UNI-USDT	+0.0100%	8h	8.9870	+0.073%	—	$57.1M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9862	+0.064%	$986K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9791	−0.015%	$4.1M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9948	+0.160%	$169K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9984	+0.200%	$635K	$2.6M	10x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0000	+0.218%	$55K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9814	+0.011%	$85K	$407K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9840	+0.040%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9919	+0.128%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9850	+0.051%	$21K	$713K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9877	+0.081%	$711K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9900	+0.107%	$27.1M	$4.6M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9739	−0.073%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9862	+0.065%	$300K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9857	+0.059%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0171%	1h	8.9893	+0.099%	$581K	$186K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9770	−0.038%	$10.4M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	8.9840	+0.040%	$1.1M	$4.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0367%	1h	8.9755	−0.055%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0245%	1h	8.9850	+0.051%	$641K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0427%	1h	8.9888	+0.094%	$5.0M	$7.0M	50x	as long as short
Lighter UNI	+0.0512%	1h	9.0013	+0.232%	$4.6M	$5.1M	15x	as long as short
Aftermath Perps UNIUSD	+0.1041%	1h	9.0244	+0.489%	$989	$48K	10x	as long as short