Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Arcus against HTX+0.150%7-day average −0.050% · 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−$27as in the Price arb table

costs, in and out, $10k−$470.469% of the position

Long on HTX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.773%−$77 · spread now +0.150%, 7d avg −0.050%

Together, before fees−0.776%−$78 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: Arcus is 0.201% dearer against HTX than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX UNI-USDT	9.1183	0.0100	pay 0.0100% / 8h	5h 43m	$720K	$4.3M	75x
Short	Arcus UNI-USD	9.1320	0.0100	get 0.0013% / 1h	43m 34s	$289K	$619K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against HTX. 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 HTXbpFee ArcusbpOrdersPrice spread, now +0.150%Rate

Funding earned: $0
Price spread: +0.150% → −0.050%: $20.06
Slippage, 4 orders: −$30.42
Fee HTX: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$26.86
Costs to cover: 0.469%
Break-even: never at this rate

Slippage from HTX: live order book, 5 min ago; Arcus: live order book, 20 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 HTX live order book, 5 min ago	7.35 bp	16.7 bp −$17	75.8 bp −$758	doesn't fit	doesn't fit
Sell Arcus live order book, 20 min ago	5.98 bp	8.3 bp −$8	10.5 bp −$105	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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0967	−0.237%	$19K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.162%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0096%	1h	9.1324	+0.155%	$456	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1235	+0.057%	$949K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1290	+0.117%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1306	+0.135%	$298K	$570K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1311	+0.141%	$227.8M	$609.2M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1270	+0.095%	$102.8M	$107.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1250	+0.073%	$56.4M	$254.0M	50x	as long as short
Arcus UNI-USDshort	+0.0100%	1h	9.1320	+0.150%	$289K	$619K	10x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.1210	+0.030%	$23.5M	$59.4M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1250	+0.073%	$49.4M	$25.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1270	+0.095%	$13.7M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1310	+0.139%	$33.5M	$42.6M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1210	+0.030%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0988	−0.214%	$991K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0819	−0.399%	$4.2M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0951	−0.254%	$171K	$347K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0730	−0.497%	$634K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1080	−0.113%	$89K	$696K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1110	−0.080%	$58K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1368	+0.203%	$89K	$412K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0970	−0.234%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1023	−0.175%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0970	−0.234%	$22K	$755K	10x	as long as short
HTX UNI-USDTlong	+0.0100%	8h	9.1183	long leg	$720K	$4.3M	75x
Phemex UNIUSDT	+0.0100%	8h	9.0980	−0.223%	$27.5M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1156	−0.030%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1141	−0.046%	$304K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0975	−0.229%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0169%	1h	9.1243	+0.065%	$240K	$30K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1120	−0.069%	—	$3.6M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0233%	1h	9.1020	−0.178%	$587K	$191K	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.0990	−0.212%	$5.1M	$7.3M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.1070	−0.124%	$1.1M	$5.0M	50x	as long as short
Reya UNIRUSDPERP	+0.0370%	1h	9.1312	+0.141%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0967	−0.237%	$648K	—	120x	as long as short
Hyperliquid UNI	+0.0572%	1h	9.1379	+0.215%	$99.5M	$59.2M	10x	as long as short
Lighter UNI	+0.0656%	1h	9.1435	+0.276%	$4.7M	$5.6M	15x	as long as short
Aftermath Perps UNIUSD	+0.0956%	1h	9.1049	−0.147%	$932	$47K	10x	as long as short