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: Pacifica against HTX−0.099%7-day average −0.115% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$480.479% of the position

Long on HTX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 3 days (all we have)−0.041%−$4 · spread now −0.099%, 7d avg −0.115%

Together, before fees−0.045%+ Points / potential airdropPacifica: Active · farm board−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX UNI-USDT	8.9685	0.0100	pay 0.0100% / 8h	11m 49s	$718K	$4.3M	75x
Short	Pacifica UNI	8.9596	0.0100	get 0.0013% / 1h	11m 49s	$296K	$591K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.099%Rate

Funding earned: $0
Price spread: −0.099% → −0.115%: $1.58
Slippage, 4 orders: −$27.9
Fee HTX: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$46.32
Costs to cover: 0.479%
Break-even: never at this rate

Slippage from HTX: live order book, 2 min ago; Pacifica: live order book, 2 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, 2 min ago	9.72 bp	15.8 bp −$16	60.9 bp −$609	374.6 bp −$37.5K	doesn't fit
Sell Pacifica live order book, 2 min ago	1.67 bp	8.5 bp −$8	doesn't fit	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	−1.544%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9654	−0.035%	$62K	—	150x	as long as short
Variational Omni UNI	+0.0072%	8h	8.9762	+0.086%	$4.1M	$4.4M	—	as long as short
OKX UNI-USDT-SWAP	+0.0088%	8h	8.9470	−0.240%	$54.8M	$248.7M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9540	−0.162%	$945K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9677	−0.008%	$1.0M	$3.3M	50x	as long as short
Pacifica UNIshort	+0.0100%	1h	8.9596	−0.099%	$296K	$591K	10x
Binance UNIUSDT	+0.0100%	8h	8.9525	−0.179%	$221.8M	$591.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9450	−0.262%	$101.2M	$105.3M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9660	−0.028%	$269K	$614K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	8.9640	−0.050%	$22.8M	$59.1M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9690	+0.006%	$43.7M	$24.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9660	−0.028%	$13.6M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9450	−0.262%	$32.7M	$42.0M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9510	−0.195%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9684	−0.001%	$1.1M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9868	+0.204%	$169K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9858	+0.193%	$628K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9920	+0.262%	$88K	$710K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9890	+0.229%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9651	−0.038%	$85K	$365K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9620	−0.072%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9718	+0.037%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9596	−0.099%	$21K	$676K	10x	as long as short
HTX UNI-USDTlong	+0.0100%	8h	8.9685	long leg	$718K	$4.3M	75x
Phemex UNIUSDT	+0.0100%	8h	8.9630	−0.061%	$27.0M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9534	−0.168%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9643	−0.047%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9639	−0.052%	$32K	$1K	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0144%	1h	8.9697	+0.013%	$577K	$176K	50x	as long as short
01 Exchange UNIUSD	+0.0168%	1h	8.9616	−0.077%	$447	—	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9740	+0.061%	$10.0M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	8.9680	−0.006%	$1.1M	$5.4M	50x	as long as short
dYdX UNI-USD	+0.0286%	1h	8.9637	−0.053%	$248K	$6K	10x	as long as short
Reya UNIRUSDPERP	+0.0365%	1h	8.9599	−0.096%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	8.9652	−0.037%	$567K	—	120x	as long as short
Hyperliquid UNI	+0.0484%	1h	8.9730	+0.050%	$98.4M	$59.5M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0565%	1h	8.9646	−0.043%	$5.0M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0866%	1h	8.9867	+0.203%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0904%	1h	8.9788	+0.115%	$4.6M	$5.3M	15x	as long as short