Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Pacifica against Arcus+0.049%7-day average −0.062% · 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−$27as in the Price arb table

costs, in and out, $10k−$380.381% of the position

Long on Arcus Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.049%, 7d avg −0.062%

Together, before fees−0.105%+ Points / potential airdropPacifica: Active · farm board−$11 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: Pacifica is 0.111% dearer against Arcus than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus UNI-USD	9.1110	0.0100	pay 0.0013% / 1h	44m 22s	$289K	$619K	10x
Short	Pacifica UNI	9.1155	0.0100	get 0.0013% / 1h	44m 22s	$297K	$570K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.049%Rate

Funding earned: $0
Price spread: +0.049% → −0.062%: $11.09
Slippage, 4 orders: −$25.6
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$27.02
Costs to cover: 0.381%
Break-even: never at this rate

Slippage from Arcus: live order book, 19 min ago; Pacifica: live order book, 19 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, 19 min ago	5.98 bp	8.5 bp −$8	15.4 bp −$154	doesn't fit	doesn't fit
Sell Pacifica live order book, 19 min ago	0.54 bp	9.6 bp −$10	doesn't fit	doesn't fit	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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0967	−0.157%	$19K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.084%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0088%	1h	9.1078	−0.035%	$454	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1052	−0.063%	$947K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1102	−0.009%	$1.0M	$2.9M	50x	as long as short
Pacifica UNIshort	+0.0100%	1h	9.1155	+0.049%	$297K	$570K	10x
Binance UNIUSDT	+0.0100%	8h	9.0971	−0.153%	$226.9M	$609.7M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0940	−0.187%	$102.4M	$107.6M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0950	−0.176%	$56.2M	$253.1M	50x	as long as short
Arcus UNI-USDlong	+0.0100%	1h	9.1110	long leg	$289K	$619K	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	9.0960	−0.165%	$23.4M	$59.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1020	−0.099%	$49.3M	$25.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0980	−0.143%	$13.6M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1090	−0.022%	$33.4M	$42.6M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0950	−0.176%	—	$56.6M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1184	+0.081%	$993K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0819	−0.319%	$4.2M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0612	−0.546%	$171K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0730	−0.417%	$634K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0770	−0.373%	$89K	$699K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0830	−0.307%	$58K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1101	−0.010%	$88K	$412K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0970	−0.154%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1164	+0.059%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1072	−0.042%	$22K	$750K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1120	+0.011%	$719K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1130	+0.022%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1170	+0.066%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1016	−0.103%	$304K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0907	−0.223%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0180%	1h	9.1194	+0.092%	$240K	$30K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1120	+0.011%	—	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.1112	+0.002%	$5.1M	$7.2M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.1140	+0.033%	$1.1M	$5.0M	50x	as long as short
Reya UNIRUSDPERP	+0.0370%	1h	9.1004	−0.116%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0967	−0.157%	$648K	—	120x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0442%	1h	9.1129	+0.021%	$587K	$191K	50x	as long as short
Hyperliquid UNI	+0.0554%	1h	9.1224	+0.125%	$99.3M	$59.2M	10x	as long as short
Lighter UNI	+0.0616%	1h	9.1303	+0.212%	$4.7M	$5.6M	15x	as long as short
Aftermath Perps UNIUSD	+0.0956%	1h	9.1049	−0.067%	$932	$47K	10x	as long as short