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 +0.020%

Price spread now: BingX against GRVT+0.424%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs+$6as in the Price arb table

costs, in and out, $10k−$360.362% of the position

Long on GRVT Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.424% dearer against GRVT than usual: you sell high and buy low, +$42 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT UNI_USDT_Perp	8.9959	0.0100	pay 0.0100% / 8h	6h 31m	$630K	$2.6M	10x
Short	BingX UNI-USDT	9.0340	0.0100	get 0.0100% / 8h	6h 31m	—	$57.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against GRVT. 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 GRVTbpFee BingXbpOrdersPrice spread, now +0.424%Rate

Funding earned: $0
Price spread: +0.424% → 0.000%: $42.37
Slippage, 4 orders: −$17.18
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee BingX: 5 bp × 2 orders: −$10
Net: $6.19
Costs to cover: 0.362%
Break-even: from the start

Slippage from GRVT: live order book, 2 min ago; BingX: live order book, 3 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 GRVT live order book, 2 min ago	3.89 bp	11.6 bp −$12	16.0 bp −$160	3234.7 bp −$323.5K	doesn't fit
Sell BingX live order book, 3 min ago	0.56 bp	5.6 bp −$6	8.7 bp −$87	18.6 bp −$1,856	67.6 bp −$33.8K

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	9.0346	+0.431%	$19K	—	150x	as long as short
dYdX UNI-USD	+0.0023%	1h	9.0242	+0.315%	$238K	$30K	10x	as long as short
01 Exchange UNIUSD	+0.0024%	1h	9.0306	+0.386%	$451	—	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.844%	$660	$154K	12x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0290	+0.368%	$934K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0433	+0.527%	$98.2M	$60.1M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0297	+0.376%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0239	+0.311%	$295K	$580K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0363	+0.449%	$225.5M	$611.7M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0300	+0.379%	$101.1M	$107.6M	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	9.0240	+0.313%	$55.7M	$254.0M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0270	+0.346%	$286K	$636K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0340	+0.424%	$23.1M	$58.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0340	+0.424%	$49.5M	$26.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0360	+0.446%	$13.4M	$13.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0280	+0.357%	$33.0M	$42.8M	75x	as long as short
BingX UNI-USDTshort	+0.0100%	8h	9.0340	+0.424%	—	$57.3M	—
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0255	+0.329%	$987K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9961	+0.002%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9955	−0.005%	$169K	$345K	20x	as long as short
GRVT UNI_USDT_Perplong	+0.0100%	8h	8.9959	long leg	$630K	$2.6M	10x
ApeX Omni UNIUSDT	+0.0100%	1h	9.0020	+0.068%	$88K	$706K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0300	+0.379%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0364	+0.450%	$86K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0270	+0.346%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0320	+0.401%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0232	+0.304%	$22K	$715K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0400	+0.490%	$719K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0240	+0.313%	$27.2M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0135	+0.196%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0167	+0.231%	$300K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0284	+0.362%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0256%	1h	9.0315	+0.396%	$586K	$201K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.0390	+0.479%	$1.1M	$4.7M	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	9.0293	+0.372%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0286	+0.363%	$643K	—	120x	as long as short
Lighter UNI	+0.0400%	1h	9.0389	+0.478%	$4.6M	$5.3M	15x	as long as short
Kraken Futures PF_UNIUSD	+0.0425%	1h	9.0276	+0.352%	$5.0M	$6.9M	50x	as long as short
Aftermath Perps UNIUSD	+0.0942%	1h	9.0020	+0.069%	$1K	$48K	10x	as long as short