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: Bitget against Phemex−0.023%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$540.540% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)−0.241%−$24 · spread now −0.023%, 7d avg −0.056%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.033% dearer against Phemex than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex UNIUSDT | 8.8720 | 0.0100 | pay 0.0100% / 8h | 2h 33m | $26.9M | $4.3M | 50x |
| Short | Bitget UNIUSDT | 8.8700 | 0.0100 | get 0.0100% / 8h | 2h 33m | $32.6M | $46.6M | 75x |
Phemex UNIUSDT
Bitget UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.023% → −0.056%
- $3.31
- Slippage, 4 orders
- −$29.95
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$50.64
- Costs to cover
- 0.540%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 6 min ago; Bitget: live order book, 1 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 Phemex live order book, 6 min ago | 5.65 bp | 16.8 bp −$17 | 30.5 bp −$305 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.26 bp | 9.9 bp −$10 | 16.8 bp −$168 | 33.9 bp −$3,389 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado UNI-PERP | −0.0121% | 1h | 8.8675 | −0.051% | $826K | $4.7M | 10x | as long as short |
| 01 Exchange UNIUSD | −0.0056% | 1h | 8.8707 | −0.015% | $443 | $5 | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.8762 | +0.047% | $4.8M | $8.5M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8718 | −0.002% | $48K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.473% | $660 | $153K | 12x | as long as short |
| Polymarket Perps UNI-USD | +0.0080% | 1h | 8.8671 | −0.055% | $96K | $514K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0091% | 1h | 8.8766 | +0.052% | $568K | $203K | 50x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8839 | +0.134% | $4.5M | $5.5M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8614 | −0.119% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8749 | +0.032% | $750K | $3.6M | 50x | as long as short |
Nado UNI-PERP
01 Exchange UNIUSD
Kraken Futures PF_UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Polymarket Perps UNI-USD
Deribit UNI_USDC-PERPETUAL
Lighter UNI
Paradex UNI-USD-PERP
Aster UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.8660 | −0.068% | $284K | $612K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8760 | +0.045% | $215.6M | $659.3M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8760 | +0.045% | $99.1M | $112.3M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8700 | −0.023% | $53.9M | $263.8M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8830 | +0.124% | $317K | $700K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8730 | +0.011% | $24.0M | $65.4M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8740 | +0.023% | $46.5M | $26.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8730 | +0.011% | $13.0M | $13.5M | 75x | as long as short |
| Bitget UNIUSDTshort | +0.0100% | 8h | 8.8700 | −0.023% | $32.6M | $46.6M | 75x | |
| BingX UNI-USDC | +0.0100% | 8h | 8.8710 | −0.011% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8796 | +0.086% | $1.0M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8991 | +0.306% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9193 | +0.534% | $169K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8997 | +0.313% | $621K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9240 | +0.586% | $91K | $706K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8870 | +0.169% | $15K | $3.4M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8700 | −0.023% | $16K | $1.6M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8708 | −0.014% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8716 | −0.005% | $32K | $857K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8817 | +0.109% | $708K | $5.0M | 75x | as long as short |
| Phemex UNIUSDTlong | +0.0100% | 8h | 8.8720 | long leg | $26.9M | $4.3M | 50x | |
| Extended UNI-USD | +0.0104% | 1h | 8.8654 | −0.075% | $286K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8686 | −0.039% | $31K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0138% | 1h | 8.8827 | +0.121% | $94.5M | $66.4M | 10x | as long as short |
| dYdX UNI-USD | +0.0160% | 1h | 8.8676 | −0.050% | $233K | $31K | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0184% | 1h | 8.8800 | +0.090% | $928K | $5.8M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8730 | +0.011% | $10.0M | $3.6M | 75x | as long as short |
| Reya UNIRUSDPERP | +0.0376% | 1h | 8.8668 | −0.058% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8733 | +0.014% | $631K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0632% | 1h | 8.8817 | +0.110% | $915 | $45K | 10x | as long as short |
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
BingX UNI-USDC
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Extended UNI-USD
Aevo UNI-PERP
Hyperliquid UNI
dYdX UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD