Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: HTX against Arcus+0.019%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$510.505% of the position

Long on Arcus Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.003%$0 on $10k

Price spread, last 3 days (all we have)+0.044%+$4 · spread now +0.019%, 7d avg +0.054%

Together, before fees+0.041%+$4 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: HTX is 0.035% cheaper against Arcus than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus UNI-USD	9.0110	0.0100	pay 0.0013% / 1h	1m 09s	$270K	$614K	10x
Short	HTX UNI-USDT	9.0127	0.0100	get 0.0100% / 8h	1m 09s	$718K	$4.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Arcus. 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 ArcusbpFee HTXbpOrdersPrice spread, now +0.019%Rate

Funding earned: $0
Price spread: +0.019% → +0.054%: −$3.53
Slippage, 4 orders: −$34.02
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$54.05
Costs to cover: 0.505%
Break-even: never at this rate

Slippage from Arcus: live order book, 13 min ago; HTX: 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 Arcus live order book, 13 min ago	5.00 bp	10.5 bp −$11	16.3 bp −$163	doesn't fit	doesn't fit
Sell HTX live order book, 3 min ago	9.96 bp	16.1 bp −$16	41.6 bp −$416	243.0 bp −$24.3K	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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−2.009%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0065	−0.050%	$62K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0087%	8h	8.9990	−0.133%	$55.0M	$250.0M	50x	as long as short
Variational Omni UNI	+0.0090%	8h	9.0023	−0.097%	$4.1M	$4.4M	—	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9995	−0.128%	$947K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0072	−0.042%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0053	−0.063%	$298K	$591K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0035	−0.083%	$222.8M	$592.1M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0000	−0.122%	$101.7M	$105.9M	75x	as long as short
Arcus UNI-USDlong	+0.0100%	1h	9.0110	long leg	$270K	$614K	10x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.0030	−0.089%	$22.9M	$59.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0030	−0.089%	$44.0M	$24.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0040	−0.078%	$13.6M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0000	−0.122%	$32.9M	$42.2M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0010	−0.111%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0094	−0.018%	$1.1M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9687	−0.470%	$169K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9730	−0.422%	$624K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9730	−0.422%	$88K	$709K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9850	−0.289%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0082	−0.031%	$85K	$367K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0020	−0.100%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0111	+0.001%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0040	−0.078%	$21K	$679K	10x	as long as short
HTX UNI-USDTshort	+0.0100%	8h	9.0127	+0.019%	$718K	$4.4M	75x
Phemex UNIUSDT	+0.0100%	8h	9.0070	−0.044%	$27.2M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0016	−0.104%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0008	−0.114%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0067	−0.047%	$32K	$1K	3x	as long as short
01 Exchange UNIUSD	+0.0152%	1h	9.0072	−0.042%	$449	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0212%	1h	9.0110	0.000%	$580K	$177K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0070	−0.044%	$10.0M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	9.0080	−0.033%	$1.1M	$5.4M	50x	as long as short
dYdX UNI-USD	+0.0284%	1h	9.0079	−0.034%	$249K	$6K	10x	as long as short
Reya UNIRUSDPERP	+0.0365%	1h	8.9999	−0.123%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0322%	1h	9.0046	−0.071%	$570K	—	120x	as long as short
Hyperliquid UNI	+0.0411%	1h	9.0133	+0.026%	$98.6M	$59.7M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0562%	1h	9.0120	+0.011%	$5.0M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0875%	1h	8.9845	−0.294%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0896%	1h	9.0224	+0.127%	$4.6M	$5.3M	15x	as long as short