Funding arb · Price arb /

UNI

all UNI markets

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: Bitget against Gate−0.055%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$450.447% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.032%+$3 on $10k

Price spread, last 7 days+0.043%+$4 · spread now −0.055%, 7d avg −0.025%

Together, before fees+0.074%+$7 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: Bitget is 0.030% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UNI_USDT	9.0500	0.0100	pay 0.0100% / 8h	6h 27m	$23.1M	$58.6M	75x
Short	Bitget UNIUSDT	9.0450	0.0100	get 0.0100% / 8h	6h 27m	$33.1M	$42.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.055%Rate

Funding earned: $0
Price spread: −0.055% → −0.025%: −$3.02
Slippage, 4 orders: −$17.74
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$47.75
Costs to cover: 0.447%
Break-even: never at this rate

Slippage from Gate: live order book, 1 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 Gate live order book, 1 min ago	0.55 bp	14.2 bp −$14	23.3 bp −$233	43.1 bp −$4,314	68.0 bp −$34.0K
Sell Bitget live order book, 1 min ago	0.55 bp	9.9 bp −$10	20.2 bp −$202	47.0 bp −$4,696	doesn't fit

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	9.0449	−0.056%	$19K	—	150x	as long as short
dYdX UNI-USD	+0.0021%	1h	9.0513	+0.014%	$238K	$30K	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.431%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0040%	1h	9.0517	+0.019%	$452	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0295	−0.227%	$942K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0619	+0.131%	$98.4M	$60.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0596	+0.106%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0520	+0.022%	$296K	$574K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0493	−0.008%	$226.0M	$610.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0440	−0.066%	$101.2M	$107.5M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0470	−0.033%	$55.8M	$253.3M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0560	+0.066%	$287K	$641K	10x	as long as short
Gate UNI_USDTlong	+0.0100%	8h	9.0500	long leg	$23.1M	$58.6M	75x
MEXC UNI_USDT	+0.0100%	8h	9.0500	0.000%	$49.6M	$26.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0550	+0.055%	$13.4M	$13.7M	75x	as long as short
Bitget UNIUSDTshort	+0.0100%	8h	9.0450	−0.055%	$33.1M	$42.8M	75x
BingX UNI-USDT	+0.0100%	8h	9.0500	0.000%	—	$57.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0492	−0.009%	$992K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0181	−0.352%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0414	−0.095%	$170K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0275	−0.249%	$628K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0300	−0.221%	$88K	$699K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0400	−0.110%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0372	−0.141%	$86K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0500	0.000%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0546	+0.051%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0480	−0.022%	$22K	$710K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0580	+0.088%	$720K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0480	−0.022%	$27.3M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0462	−0.042%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0419	−0.090%	$300K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0536	+0.040%	$32K	—	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.0510	+0.011%	$1.1M	$4.7M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0354%	1h	9.0574	+0.081%	$588K	$200K	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	9.0313	−0.207%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0440	−0.066%	$643K	—	120x	as long as short
Lighter UNI	+0.0408%	1h	9.0649	+0.165%	$4.7M	$5.3M	15x	as long as short
Kraken Futures PF_UNIUSD	+0.0424%	1h	9.0536	+0.040%	$5.0M	$6.9M	50x	as long as short
Aftermath Perps UNIUSD	+0.0944%	1h	9.0231	−0.297%	$900	$48K	10x	as long as short