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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Gate+0.153%7-day average +0.068% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$640.639% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 3 days (all we have)+0.425%+$42 · spread now +0.153%, 7d avg +0.068%

Together, before fees+0.539%+$54 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 0.085% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.068%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UNI_USDT	8.8270	0.0100	pay 0.0100% / 8h	2h 39m	$22.9M	$59.0M	75x
Short	SunX UNI-USDT	8.8405	0.0100	get 0.0100% / 8h	2h 39m	$36K	$1.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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 GatebpFee SunXbpOrdersPrice spread, now +0.153%Rate

Funding earned: $0
Price spread: +0.153% → +0.068%: $8.46
Slippage, 4 orders: −$40.9
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$55.44
Costs to cover: 0.639%
Break-even: never at this rate

Slippage from Gate: live order book, 5 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 Gate live order book, 5 min ago	1.13 bp	17.0 bp −$17	26.4 bp −$264	49.1 bp −$4,906	72.3 bp −$36.1K
Sell SunX live order book, 5 min ago	13.29 bp	17.8 bp −$18	35.1 bp −$351	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
Variational Omni UNI	−0.0193%	8h	8.8610	+0.386%	$3.9M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0171%	8h	8.8230	−0.045%	$102.0M	$104.4M	75x	as long as short
01 Exchange UNIUSD	−0.0016%	1h	8.8268	−0.002%	$440	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8357	+0.099%	$552K	$125K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8341	+0.081%	$79K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0010%	8h	8.8250	−0.023%	$54.3M	$245.0M	50x	as long as short
dYdX UNI-USD	+0.0095%	1h	8.8341	+0.081%	$245K	$5K	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8248	−0.025%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8225	−0.051%	$855K	$3.9M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8345	+0.085%	$1.0M	$3.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.8331	+0.069%	$295K	$561K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8240	−0.034%	$216.0M	$593.7M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8350	+0.091%	$272K	$611K	10x	as long as short
Gate UNI_USDTlong	+0.0100%	8h	8.8270	long leg	$22.9M	$59.0M	75x
MEXC UNI_USDT	+0.0100%	8h	8.8250	−0.023%	$42.7M	$24.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8260	−0.011%	$13.8M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8230	−0.045%	$31.9M	$41.0M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8250	−0.023%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8287	+0.019%	$979K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8598	+0.371%	$167K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8604	+0.378%	$625K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8660	+0.442%	$84K	$711K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8640	+0.419%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8354	+0.095%	$87K	$325K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8340	+0.079%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTshort	+0.0100%	8h	8.8405	+0.153%	$36K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	8.8240	−0.034%	$25K	$661K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8420	+0.170%	$722K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8300	+0.034%	$26.6M	$4.3M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8265	−0.006%	$299K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8345	+0.085%	$31K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8340	+0.079%	$1.0M	$5.3M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8230	−0.045%	$9.7M	$3.3M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	8.8328	+0.065%	$4.9M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0344%	1h	8.8407	+0.155%	$96.2M	$59.8M	10x	as long as short
Reya UNIRUSDPERP	+0.0359%	1h	8.8318	+0.054%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.8328	+0.066%	$554K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0468%	1h	8.8478	+0.236%	$1K	$50K	10x	as long as short
Lighter UNI	+0.0496%	1h	8.8429	+0.180%	$4.5M	$5.4M	15x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−0.419%	$657	$97K	12x	as long as short