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: SunX against Arcus+0.045%7-day average −0.016% · 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−$51as in the Price arb table

costs, in and out, $10k−$570.567% of the position

Long on Arcus Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.002%$0 on $10k

Price spread, last 3 days (all we have)+0.139%+$14 · spread now +0.045%, 7d avg −0.016%

Together, before fees+0.137%+$14 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: SunX is 0.061% dearer against Arcus than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus UNI-USD	9.0350	0.0100	pay 0.0013% / 1h	55m 19s	$279K	$619K	10x
Short	SunX UNI-USDT	9.0391	0.0100	get 0.0100% / 8h	55m 19s	$37K	$1.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.045%Rate

Funding earned: $0
Price spread: +0.045% → −0.016%: $6.14
Slippage, 4 orders: −$44.21
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$50.57
Costs to cover: 0.567%
Break-even: never at this rate

Slippage from Arcus: live order book, 23 min ago; SunX: live order book, 9 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, 23 min ago	3.93 bp	7.8 bp −$8	12.9 bp −$129	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	13.89 bp	19.4 bp −$19	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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−2.269%	$660	$155K	12x	as long as short
Variational Omni UNI	−0.0010%	8h	9.0073	−0.307%	$4.0M	$4.4M	—	as long as short
dYdX UNI-USD	0.0000%	1h	9.0088	−0.290%	$249K	$6K	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0326	−0.027%	$63K	—	150x	as long as short
Bybit UNIUSDT	+0.0038%	8h	9.0310	−0.044%	$103.1M	$103.8M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0072%	8h	9.0270	−0.089%	$55.7M	$248.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0226	−0.137%	$26K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0225	−0.138%	$957K	$4.1M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0383	+0.037%	$1.1M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0126	−0.248%	$301K	$586K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	9.0344	−0.006%	$222.7M	$593.6M	75x	as long as short
Arcus UNI-USDlong	+0.0100%	1h	9.0350	long leg	$279K	$619K	10x
Gate UNI_USDT	+0.0100%	8h	9.0330	−0.022%	$23.2M	$57.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0330	−0.022%	$43.6M	$23.6M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0300	−0.055%	$13.7M	$13.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0330	−0.022%	$32.8M	$41.3M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0300	−0.055%	—	$51.7M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0073	−0.307%	$169K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0062	−0.319%	$627K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0130	−0.243%	$89K	$712K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0170	−0.199%	$108K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0338	−0.013%	$87K	$355K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0330	−0.022%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTshort	+0.0100%	8h	9.0391	+0.045%	$37K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	9.0350	0.000%	$25K	$654K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0442	+0.102%	$740K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0350	0.000%	$27.2M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0298	−0.057%	$301K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0340	−0.011%	$32K	$1K	3x	as long as short
Backpack UNI_USDC_PERP	+0.0182%	1h	9.0263	−0.096%	$1.0M	$2.3M	10x	as long as short
01 Exchange UNIUSD	+0.0216%	1h	9.0340	−0.011%	$451	—	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0360	+0.011%	$10.0M	$3.4M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	9.0390	+0.044%	$1.1M	$5.4M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0285%	1h	9.0399	+0.055%	$582K	$173K	50x	as long as short
Reya UNIRUSDPERP	+0.0363%	1h	9.0280	−0.077%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	9.0331	−0.021%	$568K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0560%	1h	9.0401	+0.056%	$5.1M	$7.1M	50x	as long as short
Aftermath Perps UNIUSD	+0.0702%	1h	8.9958	−0.434%	$1K	$49K	10x	as long as short
Hyperliquid UNI	+0.0792%	1h	9.0444	+0.104%	$99.7M	$59.6M	10x	as long as short
Lighter UNI	+0.1048%	1h	9.0538	+0.208%	$4.6M	$5.1M	15x	as long as short