Funding arb · Price arb /

UNI

all UNI markets

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: StandX against BingX−0.056%7-day average +0.090% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

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

costs, in and out, $10k−$390.393% of the position

Long on BingX Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.109%+$11 on $10k

Price spread, last 7 days+0.070%+$7 · spread now −0.056%, 7d avg +0.090%

Together, before fees+0.180%+ Points / potential airdropStandX: Active · farm board+$18 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: StandX is 0.146% cheaper against BingX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.090%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX UNI-USDT	8.9920	0.0100	pay 0.0100% / 8h	29m 11s	—	$52.0M	—
Short	StandX UNI-USD	8.9870	0.0100	get 0.0013% / 1h	29m 11s	$36K	$3.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against BingX. 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 BingXbpFee StandXbpOrdersPrice spread, now −0.056%Rate

Funding earned: $0
Price spread: −0.056% → +0.090%: −$14.57
Slippage, 4 orders: −$21.28
Fee BingX: 5 bp × 2 orders: −$10
Fee StandX: 4 bp × 2 orders: −$8
Net: −$53.85
Costs to cover: 0.393%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; StandX: 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 BingX live order book, 10 min ago	0.55 bp	5.6 bp −$6	7.7 bp −$77	15.6 bp −$1,557	66.1 bp −$33.0K
Sell StandX live order book, 5 min ago	5.55 bp	10.0 bp −$10	35.4 bp −$354	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	−1.802%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9945	+0.027%	$62K	—	150x	as long as short
Variational Omni UNI	+0.0041%	8h	9.0035	+0.127%	$4.1M	$4.4M	—	as long as short
dYdX UNI-USD	+0.0068%	1h	8.9887	−0.037%	$249K	$6K	10x	as long as short
Bybit UNIUSDT	+0.0083%	8h	8.9920	0.000%	$102.2M	$104.9M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0089%	8h	8.9910	−0.011%	$55.1M	$249.1M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9910	−0.011%	$955K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9996	+0.084%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9924	+0.004%	$297K	$593K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9964	+0.049%	$222.5M	$589.8M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.0020	+0.111%	$278K	$620K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9940	+0.022%	$23.0M	$58.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9940	+0.022%	$43.7M	$24.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0030	+0.122%	$13.7M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9930	+0.011%	$32.9M	$42.0M	75x	as long as short
BingX UNI-USDTlong	+0.0100%	8h	8.9920	long leg	—	$52.0M	—
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0008	+0.098%	$1.0M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0166	+0.273%	$169K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9950	+0.033%	$631K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0300	+0.423%	$89K	$712K	50x	as long as short
StandX UNI-USDshort	+0.0100%	1h	8.9870	−0.056%	$36K	$3.3M	20x
Polymarket Perps UNI-USD	+0.0100%	1h	8.9957	+0.041%	$86K	$363K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0020	+0.111%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0080	+0.178%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9990	+0.078%	$25K	$674K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0007	+0.097%	$718K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9960	+0.044%	$27.1M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9897	−0.025%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9963	+0.048%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0031	+0.123%	$32K	$1K	3x	as long as short
01 Exchange UNIUSD	+0.0184%	1h	8.9987	+0.075%	$449	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0184%	1h	9.0069	+0.166%	$580K	$176K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0050	+0.145%	$10.1M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	9.0040	+0.133%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0364%	1h	8.9901	−0.021%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	8.9936	+0.018%	$566K	—	120x	as long as short
Hyperliquid UNI	+0.0555%	1h	9.0050	+0.145%	$98.8M	$59.0M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0562%	1h	9.0063	+0.159%	$5.0M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0806%	1h	9.0119	+0.221%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0896%	1h	9.0125	+0.228%	$4.6M	$5.2M	15x	as long as short