UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0113%/8h= −12.4% APRnext payment −$1.13 per $10,000 · paid last 24h −0.035%

Price spread now: Bybit against Gate−0.011%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$460.461% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 7 days+0.006%+$1 · spread now −0.011%, 7d avg −0.043%

Together, before fees+0.024%+$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.032% dearer against Gate than usual: you sell high and buy low (spread −0.011% now, against its 7-day average of −0.043%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UNI_USDT	8.8320	0.0100	pay 0.0100% / 8h	1h 30m	$22.9M	$58.5M	75x
Short	Bybit UNIUSDT	8.8310	−0.0013	pay 0.0013% / 8h	1h 30m	$100.7M	$104.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$23.8
Price spread: −0.011% → −0.043%: $3.17
Slippage, 4 orders: −$20.15
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$66.77
Costs to cover: 0.461%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; Bybit: 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 Gate live order book, 3 min ago	0.57 bp	14.4 bp −$14	27.3 bp −$273	43.2 bp −$4,316	65.0 bp −$32.5K
Sell Bybit live order book, 3 min ago	0.57 bp	8.8 bp −$9	15.9 bp −$159	43.1 bp −$4,308	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	−0.0076%	8h	8.8115	−0.232%	$3.9M	$4.5M	—	as long as short
Bybit UNIUSDTshort	−0.0013%	8h	8.8310	−0.011%	$100.7M	$104.3M	75x
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.8325	+0.005%	$61K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.023%	$660	$155K	12x	as long as short
OKX UNI-USDT-SWAP	+0.0041%	8h	8.8280	−0.045%	$54.7M	$243.5M	50x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	8.8332	+0.014%	$441	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0099%	1h	8.8335	+0.017%	$562K	$157K	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8269	−0.058%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8295	−0.028%	$934K	$4.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8360	+0.045%	$1.0M	$3.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.8308	−0.013%	$296K	$570K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8317	−0.003%	$216.7M	$588.0M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8360	+0.045%	$281K	$615K	10x	as long as short
Gate UNI_USDTlong	+0.0100%	8h	8.8320	long leg	$22.9M	$58.5M	75x
MEXC UNI_USDT	+0.0100%	8h	8.8310	−0.011%	$42.7M	$24.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8300	−0.023%	$13.5M	$13.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8280	−0.045%	$32.0M	$41.3M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8290	−0.034%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8322	+0.002%	$980K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8322	+0.002%	$166K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8300	−0.023%	$612K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8330	+0.011%	$87K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8250	−0.079%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8311	−0.010%	$86K	$351K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8260	−0.068%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8347	+0.031%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8282	−0.043%	$25K	$666K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8387	+0.076%	$726K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8280	−0.045%	$26.6M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8277	−0.048%	$300K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8310	−0.011%	$31K	$1K	3x	as long as short
dYdX UNI-USD	+0.0112%	1h	8.8339	+0.022%	$245K	$6K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8240	−0.091%	$9.8M	$3.3M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0224%	1h	8.8340	+0.023%	$1.0M	$5.3M	50x	as long as short
Hyperliquid UNI	+0.0294%	1h	8.8400	+0.091%	$96.7M	$59.2M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0343%	1h	8.8346	+0.030%	$4.9M	$7.0M	50x	as long as short
Reya UNIRUSDPERP	+0.0362%	1h	8.8281	−0.045%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0319%	1h	8.8312	−0.009%	$553K	—	120x	as long as short
Lighter UNI	+0.0608%	1h	8.8461	+0.160%	$4.5M	$5.2M	15x	as long as short
Aftermath Perps UNIUSD	+0.0630%	1h	8.8345	+0.028%	$1K	$49K	10x	as long as short