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: Paradex against Bitget−0.090%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.090% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget UNIUSDT	9.1120	0.0100	pay 0.0100% / 8h	4h 20m	$33.6M	$44.8M	75x
Short	Paradex UNI-USD-PERP	9.1038	0.0100	get 0.0100% / 8h	4h 20m	$26K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Bitget. 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 BitgetbpFee ParadexbpOrdersPrice spread, now −0.090%Rate

Funding earned: $0.05
Price spread: −0.090% → 0.000%: −$9.04
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$24.99
Costs to cover: 0.160%
Break-even: 3514.1 days

Slippage unknown: Bitget: live order book, 4 min ago; Paradex: no order-book sample. Net counts fees only.

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 Bitget live order book, 4 min ago	0.55 bp	9.5 bp −$9	15.6 bp −$156	37.3 bp −$3,733	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	9.1146	+0.029%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.095%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	9.1105	−0.016%	$455	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1105	−0.016%	$972K	$4.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1180	+0.066%	$833K	$3.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1066	−0.060%	$295K	$599K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1217	+0.106%	$224.4M	$637.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1150	+0.033%	$102.4M	$111.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1140	+0.022%	$55.6M	$262.7M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1270	+0.165%	$316K	$651K	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	9.1150	+0.033%	$23.7M	$63.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1190	+0.077%	$48.1M	$25.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1220	+0.110%	$13.7M	$13.2M	75x	as long as short
Bitget UNIUSDTlong	+0.0100%	8h	9.1120	long leg	$33.6M	$44.8M	75x
BingX UNI-USDC	+0.0100%	8h	9.1150	+0.033%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1121	+0.001%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0948	−0.189%	$4.3M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0652	−0.513%	$171K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0770	−0.384%	$643K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0730	−0.428%	$93K	$700K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1040	−0.088%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1124	+0.004%	$88K	$427K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1190	+0.077%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1294	+0.191%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1225	+0.115%	$22K	$791K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1300	+0.198%	$730K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1210	+0.099%	$27.6M	$4.4M	50x	as long as short
Paradex UNI-USD-PERPshort	+0.0100%	8h	9.1038	−0.090%	$26K	—	20x
Extended UNI-USD	+0.0104%	1h	9.1196	+0.083%	$295K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1215	+0.104%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0137%	1h	9.1022	−0.108%	$240K	$30K	10x	as long as short
Lighter UNI	+0.0176%	1h	9.1356	+0.259%	$4.6M	$5.8M	15x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1110	−0.011%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.1270	+0.165%	$1.1M	$5.7M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	9.1292	+0.189%	$5.1M	$7.9M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0331%	1h	9.1248	+0.141%	$585K	$193K	50x	as long as short
Hyperliquid UNI	+0.0347%	1h	9.1211	+0.100%	$98.8M	$62.4M	10x	as long as short
Reya UNIRUSDPERP	+0.0373%	1h	9.1086	−0.037%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1146	+0.028%	$649K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0965%	1h	9.0816	−0.334%	$900	$46K	10x	as long as short