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 −0.003%

Price spread now: MEXC against Bitget+0.110%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$270.268% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 7 days−0.090%−$9 · spread now +0.110%, 7d avg +0.038%

Together, before fees−0.079%−$8 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: MEXC is 0.072% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget UNIUSDT	9.0910	0.0100	pay 0.0100% / 8h	6h 20m	$33.3M	$42.9M	75x
Short	MEXC UNI_USDT	9.1010	0.0100	get 0.0100% / 8h	6h 20m	$49.8M	$26.3M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.110%Rate

Funding earned: $0
Price spread: +0.110% → +0.038%: $7.17
Slippage, 4 orders: −$10.8
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$19.63
Costs to cover: 0.268%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; MEXC: 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 Bitget live order book, 3 min ago	2.20 bp	8.2 bp −$8	16.0 bp −$160	38.2 bp −$3,820	doesn't fit
Sell MEXC live order book, 3 min ago	0.55 bp	3.7 bp −$4	7.6 bp −$76	31.0 bp −$3,104	187.9 bp −$94.0K

UNI on 39 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	9.1166	+0.282%	$19K	—	150x	as long as short
dYdX UNI-USD	+0.0017%	1h	9.1032	+0.134%	$240K	$30K	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.871%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	9.1122	+0.233%	$455	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1060	+0.165%	$964K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1110	+0.220%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1076	+0.183%	$298K	$574K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1022	+0.124%	$227.5M	$611.1M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0900	−0.011%	$101.8M	$107.5M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0880	−0.033%	$56.2M	$255.1M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.1170	+0.286%	$289K	$641K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1000	+0.099%	$23.3M	$58.8M	75x	as long as short
MEXC UNI_USDTshort	+0.0100%	8h	9.1010	+0.110%	$49.8M	$26.3M	200x
KuCoin UNIUSDTM	+0.0100%	8h	9.1040	+0.143%	$13.7M	$13.7M	75x	as long as short
Bitget UNIUSDTlong	+0.0100%	8h	9.0910	long leg	$33.3M	$42.9M	75x
BingX UNI-USDC	+0.0100%	8h	9.0990	+0.088%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1060	+0.165%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1128	+0.240%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0980	+0.077%	$171K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1110	+0.220%	$634K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1000	+0.099%	$89K	$699K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1220	+0.341%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1167	+0.283%	$86K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1150	+0.264%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1254	+0.378%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1130	+0.242%	$22K	$712K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1212	+0.332%	$727K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1080	+0.187%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1129	+0.241%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0990	+0.088%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1154	+0.269%	$32K	—	3x	as long as short
Hyperliquid UNI	+0.0112%	1h	9.1155	+0.269%	$98.9M	$60.5M	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0256%	1h	9.1188	+0.305%	$592K	$188K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.1190	+0.308%	$1.1M	$4.7M	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	9.1096	+0.205%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1166	+0.281%	$648K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0421%	1h	9.1168	+0.283%	$5.1M	$6.9M	50x	as long as short
Lighter UNI	+0.0456%	1h	9.1247	+0.371%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.0937%	1h	9.0854	−0.062%	$991	$48K	10x	as long as short