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: SunX against Binance+0.367%56s7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$500.504% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.066%+$7 on $10k

Price spread, last 3 days (all we have)−0.135%−$13 · spread now +0.367%, 7d avg +0.050%

Together, before fees−0.069%−$7 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 0.317% dearer against Binance than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of +0.050%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UNIUSDT	9.0281	0.0100	pay 0.0100% / 8h	6h 29m	$225.3M	$611.6M	75x
Short	SunX UNI-USDT	9.0612	0.0100	get 0.0100% / 8h	6h 29m	$37K	$1.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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 BinancebpFee SunXbpOrdersPrice spread, now +0.367%Rate

Funding earned: $0
Price spread: +0.367% → +0.050%: $31.72
Slippage, 4 orders: −$32.4
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$18.68
Costs to cover: 0.504%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; SunX: live order book, 5 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 Binance live order book, 14 min ago	0.56 bp	6.6 bp −$7	12.7 bp −$127	40.0 bp −$3,997	181.6 bp −$90.8K
Sell SunX live order book, 5 min ago	13.33 bp	17.8 bp −$18	36.8 bp −$368	doesn't fit	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	9.0267	−0.015%	$19K	—	150x	as long as short
dYdX UNI-USD	+0.0022%	1h	9.0534	+0.281%	$238K	$30K	10x	as long as short
01 Exchange UNIUSD	+0.0032%	1h	9.0505	+0.249%	$452	—	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.194%	$660	$154K	12x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0265	−0.017%	$942K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0465	+0.204%	$98.2M	$60.1M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0561	+0.311%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0553	+0.302%	$296K	$574K	10x	as long as short
Binance UNIUSDTlong	+0.0100%	8h	9.0281	long leg	$225.3M	$611.6M	75x
Bybit UNIUSDT	+0.0100%	8h	9.0220	−0.067%	$100.9M	$107.5M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0200	−0.089%	$55.7M	$253.8M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0550	+0.298%	$287K	$641K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0250	−0.034%	$23.1M	$58.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0310	+0.033%	$49.5M	$26.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0330	+0.055%	$13.4M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0250	−0.034%	$33.0M	$42.8M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0260	−0.023%	—	$57.4M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0610	+0.365%	$991K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0181	−0.110%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0270	−0.012%	$170K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9959	−0.356%	$630K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0300	+0.022%	$88K	$699K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0560	+0.310%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0412	+0.146%	$86K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0230	−0.056%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTshort	+0.0100%	8h	9.0612	+0.367%	$37K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	9.0541	+0.289%	$22K	$710K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0624	+0.380%	$720K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0570	+0.321%	$27.3M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0542	+0.289%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0395	+0.127%	$300K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0567	+0.317%	$32K	—	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.0430	+0.166%	$1.1M	$4.7M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0330%	1h	9.0595	+0.349%	$588K	$200K	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	9.0258	−0.025%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0274	−0.007%	$644K	—	120x	as long as short
Lighter UNI	+0.0408%	1h	9.0680	+0.442%	$4.7M	$5.3M	15x	as long as short
Kraken Futures PF_UNIUSD	+0.0423%	1h	9.0601	+0.355%	$5.0M	$6.9M	50x	as long as short
Aftermath Perps UNIUSD	+0.0940%	1h	9.0194	−0.096%	$1K	$48K	10x	as long as short