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 +0.003%

Price spread now: Bitget against MEXC−0.022%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

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

Long on MEXC Short on Bitget

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+0.002%$0 · spread now −0.022%, 7d avg −0.038%

Together, before fees−0.009%−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC UNI_USDT	9.1140	0.0100	pay 0.0100% / 8h	6h 19m	$49.9M	$26.3M	200x
Short	Bitget UNIUSDT	9.1120	0.0100	get 0.0100% / 8h	6h 19m	$33.4M	$42.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now −0.022%Rate

Funding earned: $0
Price spread: −0.022% → −0.038%: $1.63
Slippage, 4 orders: −$10.8
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$25.17
Costs to cover: 0.268%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Bitget: live order book, 4 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 MEXC live order book, 4 min ago	0.55 bp	3.0 bp −$3	7.1 bp −$71	23.8 bp −$2,384	163.8 bp −$81.9K
Sell Bitget live order book, 4 min ago	2.20 bp	11.9 bp −$12	20.6 bp −$206	42.5 bp −$4,254	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	9.0996	−0.158%	$19K	—	150x	as long as short
dYdX UNI-USD	+0.0025%	1h	9.1013	−0.140%	$240K	$30K	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.116%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	9.1055	−0.093%	$454	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1015	−0.137%	$963K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1033	−0.118%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1023	−0.129%	$298K	$574K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1136	−0.004%	$227.8M	$610.6M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1130	−0.011%	$102.0M	$107.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1100	−0.044%	$56.2M	$255.7M	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	9.1080	−0.066%	$288K	$641K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0950	−0.208%	$23.3M	$58.9M	75x	as long as short
MEXC UNI_USDTlong	+0.0100%	8h	9.1140	long leg	$49.9M	$26.3M	200x
KuCoin UNIUSDTM	+0.0100%	8h	9.1130	−0.011%	$13.7M	$12.9M	75x	as long as short
Bitget UNIUSDTshort	+0.0100%	8h	9.1120	−0.022%	$33.4M	$42.9M	75x
BingX UNI-USDC	+0.0100%	8h	9.1040	−0.110%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1026	−0.125%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1128	−0.013%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0980	−0.176%	$171K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1110	−0.033%	$634K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1000	−0.154%	$89K	$699K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1220	+0.088%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1054	−0.094%	$86K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0960	−0.197%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1094	−0.050%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0931	−0.229%	$22K	$712K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1088	−0.057%	$726K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0950	−0.208%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0974	−0.182%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1086	−0.060%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0944	−0.215%	$32K	—	3x	as long as short
Hyperliquid UNI	+0.0130%	1h	9.1098	−0.046%	$98.9M	$60.5M	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0183%	1h	9.0977	−0.179%	$590K	$188K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.1020	−0.132%	$1.1M	$4.7M	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	9.0926	−0.234%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0993	−0.162%	$648K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0421%	1h	9.0982	−0.173%	$5.1M	$6.9M	50x	as long as short
Lighter UNI	+0.0464%	1h	9.1108	−0.035%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.0952%	1h	9.0908	−0.255%	$991	$48K	10x	as long as short