UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.033%

Price spread now: Bitget against BloFin−0.088%75s7-day average −0.058% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as 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−$490.485% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.257%−$26 on $10k

Price spread, last 3 days (all we have)−0.084%−$8 · spread now −0.088%, 7d avg −0.058%

Together, before fees−0.340%−$34 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.030% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.058%). Swap the legs. The two prices were read 75 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	BloFin UNI-USDT	9.1130	0.0220	pay 0.0220% / 8h	7h 33m	$10.2M	$3.5M	75x
Short	Bitget UNIUSDT	9.1050	0.0100	get 0.0100% / 8h	7h 33m	$33.4M	$42.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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 BloFinbpFee BitgetbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$25.2
Price spread: −0.088% → −0.058%: −$3.03
Slippage, 4 orders: −$24.54
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$76.76
Costs to cover: 0.485%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; Bitget: live order book, 5 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 BloFin live order book, 5 min ago	5.43 bp	11.5 bp −$11	14.8 bp −$148	43.4 bp −$4,342	doesn't fit
Sell Bitget live order book, 5 min ago	2.72 bp	11.0 bp −$11	21.3 bp −$213	55.0 bp −$5,496	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
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	9.1126	−0.004%	$587K	$178K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.1143	+0.015%	$38K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.105%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0072%	1h	9.1217	+0.095%	$455	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1080	−0.055%	$963K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1147	+0.019%	$1.0M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1197	+0.073%	$306K	$583K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1130	0.000%	$228.3M	$595.2M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1150	+0.022%	$102.9M	$106.9M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1130	0.000%	$56.0M	$254.5M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.1270	+0.154%	$271K	$616K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1060	−0.077%	$23.0M	$58.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1080	−0.055%	$44.7M	$23.8M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1090	−0.044%	$13.7M	$13.5M	75x	as long as short
Bitget UNIUSDTshort	+0.0100%	8h	9.1050	−0.088%	$33.4M	$42.1M	75x
BingX UNI-USDT	+0.0100%	8h	9.1120	−0.011%	—	$53.8M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1098	−0.035%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1441	+0.341%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.2036	+0.995%	$173K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1570	+0.483%	$641K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1690	+0.615%	$90K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1240	+0.121%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1213	+0.091%	$85K	$375K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1090	−0.044%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1179	+0.054%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1117	−0.014%	$21K	$701K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1267	+0.150%	$725K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1130	0.000%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1139	+0.010%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1047	−0.092%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1118	−0.013%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0145%	1h	9.1143	+0.014%	$251K	$8K	10x	as long as short
BloFin UNI-USDTlong	+0.0220%	8h	9.1130	long leg	$10.2M	$3.5M	75x
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1270	+0.154%	$1.1M	$4.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0366%	1h	9.1088	−0.046%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	9.1133	+0.003%	$577K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0385%	1h	9.1175	+0.049%	$5.1M	$7.0M	50x	as long as short
Hyperliquid UNI	+0.0504%	1h	9.1199	+0.076%	$100.4M	$60.2M	10x	as long as short
Lighter UNI	+0.0856%	1h	9.1294	+0.180%	$4.6M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.0917%	1h	9.1431	+0.330%	$1K	$49K	10x	as long as short