Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against HTX+0.118%56s7-day average −0.157% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as 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−$500.501% of the position

Long on HTX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 4 days (all we have)−0.365%−$37 · spread now +0.118%, 7d avg −0.157%

Together, before fees−0.442%−$44 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 0.275% dearer against HTX than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.157%. The two prices were read 56 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	HTX UNI-USDT	8.9295	0.0100	pay 0.0100% / 8h	7h 58m	$705K	$4.7M	75x
Short	Bitget UNIUSDT	8.9400	0.0100	get 0.0100% / 8h	7h 58m	$32.7M	$45.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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 HTXbpFee BitgetbpOrdersPrice spread, now +0.118%Rate

Funding earned: $0
Price spread: +0.118% → −0.157%: $27.49
Slippage, 4 orders: −$26.08
Fee HTX: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$22.59
Costs to cover: 0.501%
Break-even: never at this rate

Slippage from HTX: live order book, just now; Bitget: live order book, 6 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 HTX live order book, just now	6.14 bp	16.1 bp −$16	60.8 bp −$608	294.7 bp −$29.5K	doesn't fit
Sell Bitget live order book, 6 min ago	1.69 bp	11.0 bp −$11	17.7 bp −$177	33.0 bp −$3,305	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	−0.0101%	1h	8.9398	+0.115%	$731K	$4.7M	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0062%	1h	8.9201	−0.105%	$4.7M	$8.6M	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	8.9359	+0.071%	$77K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.114%	$660	$153K	12x	as long as short
dYdX UNI-USD	+0.0044%	1h	8.9407	+0.125%	$235K	$30K	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9375	+0.089%	$26K	—	20x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9456	+0.180%	$95.4M	$67.7M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9356	+0.069%	$725K	$3.2M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9392	+0.108%	$289K	$567K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9360	+0.073%	$217.5M	$652.5M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit UNIUSDT	+0.0100%	8h	8.9360	+0.073%	$99.2M	$110.6M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9390	+0.106%	$54.7M	$263.1M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9510	+0.241%	$321K	$698K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9330	+0.039%	$26.4M	$62.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9330	+0.039%	$48.1M	$25.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9410	+0.129%	$13.0M	$13.3M	75x	as long as short
Bitget UNIUSDTshort	+0.0100%	8h	8.9400	+0.118%	$32.7M	$45.6M	75x
BingX UNI-USDT	+0.0100%	8h	8.9310	+0.017%	—	$58.0M	—	as long as short
Variational Omni UNI	+0.0100%	8h	8.9263	−0.036%	$4.1M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8764	−0.595%	$168K	$348K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9300	+0.006%	$631K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8750	−0.610%	$89K	$710K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9160	−0.151%	$14K	$3.5M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9410	+0.129%	$105K	$617K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9370	+0.084%	$17K	$2.3M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9221	−0.083%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9125	−0.190%	$32K	$883K	10x	as long as short
HTX UNI-USDTlong	+0.0100%	8h	8.9295	long leg	$705K	$4.7M	75x
Phemex UNIUSDT	+0.0100%	8h	8.9160	−0.151%	$26.9M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9375	+0.089%	$301K	$1.8M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9406	+0.124%	$32K	—	3x	as long as short
01 Exchange UNIUSD	+0.0112%	1h	8.9474	+0.200%	$446	$5	10x	as long as short
Lighter UNI	+0.0136%	1h	8.9490	+0.218%	$4.5M	$5.4M	15x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0146%	1h	8.9182	−0.127%	$591K	$273K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0208%	1h	8.9250	−0.050%	$928K	$5.5M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9200	−0.106%	$10.1M	$3.6M	75x	as long as short
Backpack UNI_USDC_PERP	+0.0288%	1h	8.9272	−0.026%	$1.1M	$2.5M	10x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9332	+0.041%	$636K	—	120x	as long as short
Reya UNIRUSDPERP	+0.0382%	1h	8.9329	+0.038%	$16K	—	20x	as long as short
Aftermath Perps UNIUSD	+0.0405%	1h	8.9170	−0.140%	$1K	$52K	10x	as long as short