Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 07:00 UTC+0.0274%/8h= +30.0% APRpaid last 24h +0.001%
Price spread now: Bitget against Polymarket Perps+0.099%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$350.348% of the position
Long on Polymarket PerpsShort on Bitget
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.547%−$55 · spread now +0.099%, 7d avg −0.070%
Together, before fees−0.544%−$54 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bitget is 0.168% dearer against Polymarket Perps than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.070%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.003% in total (about 0.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps UNI-USD8.9182−0.0174get 0.0022% / 1h34m 10s$108K$617K10x
ShortBitget UNIUSDT8.92700.0100get 0.0100% / 8h1h 34m$32.7M$45.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Polymarket Perps. 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

Funding earned
$57.62
Price spread: +0.099% → −0.070%
$16.83
Slippage, 4 orders
−$14.75
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
$39.71
Costs to cover
0.348%
Break-even
2.2 days
Slippage from Polymarket Perps: live order book, 9 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 9 min ago1.80 bp5.8 bp −$610.9 bp −$109doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago0.56 bp13.2 bp −$1319.9 bp −$19936.2 bp −$3,619doesn't fit

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps UNI-USDlong−0.0174%1h8.9182long leg$108K$617K10x
Kraken Futures PF_UNIUSD−0.0017%1h8.9309+0.142%$4.7M$8.7M50xas long as short
01 Exchange UNIUSD0.0000%1h8.9265+0.093%$445$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9260+0.088%$49K—150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.989%$660$153K12xas long as short
Nado UNI-PERP+0.0089%1h8.9190+0.009%$747K$4.7M10xas long as short
Lighter UNI+0.0096%1h8.9483+0.338%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9242+0.067%$25K—20xas long as short
Aster UNIUSDT+0.0100%8h8.9353+0.192%$736K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.9260+0.087%$285K$591K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9360+0.200%$215.9M$658.9M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9370+0.211%$99.3M$112.1M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9390+0.233%$54.2M$266.8M50xas long as short
Arcus UNI-USD+0.0100%1h8.9340+0.177%$319K$703K10xas long as short
Gate UNI_USDT+0.0100%8h8.9270+0.099%$25.0M$66.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9360+0.200%$49.2M$26.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9290+0.121%$13.1M$13.4M75xas long as short
Bitget UNIUSDTshort+0.0100%8h8.9270+0.099%$32.7M$45.5M75x
BingX UNI-USDC+0.0100%8h8.9220+0.043%—$6.5M—as long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9179−0.003%$1.1M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8889−0.328%$4.1M$4.3M—as long as short
edgeX UNIUSDC+0.0100%4h8.8998−0.206%$168K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8960−0.249%$628K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9040−0.159%$89K$710K50xas long as short
StandX UNI-USD+0.0100%1h8.9040−0.159%$15K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9270+0.099%$16K$1.8M10xas long as short
SunX UNI-USDT+0.0100%8h8.9348+0.186%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9280+0.110%$32K$885K10xas long as short
HTX UNI-USDT+0.0100%8h8.9316+0.150%$698K$4.8M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9380+0.222%$27.0M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.9254+0.081%$294K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9290+0.122%$32K—3xas long as short
dYdX UNI-USD+0.0121%1h8.9225+0.048%$235K$31K10xas long as short
Coinbase International UNI-PERP-INTX+0.0192%1h8.9330+0.166%$931K$5.5M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9040−0.159%$10.1M$3.6M75xas long as short
Deribit UNI_USDC-PERPETUAL+0.0249%1h8.9360+0.200%$589K$250K50xas long as short
Hyperliquid UNI+0.0301%1h8.9298+0.130%$94.9M$67.5M10xas long as short
Reya UNIRUSDPERP+0.0378%1h8.9173−0.010%$16K—20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.9068−0.128%$633K—120xas long as short
Aftermath Perps UNIUSD+0.0496%1h8.9200+0.020%$1K$53K10xas long as short