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 HTX−0.121%7-day average −0.071% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$680.676% of the position

Long on HTX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.162%+$16 · spread now −0.121%, 7d avg −0.071%

Together, before fees+0.162%+$16 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 0.050% cheaper against HTX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.071%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX UNI-USDT	9.0140	0.0100	pay 0.0100% / 8h	57m 47s	$736K	$4.3M	75x
Short	SunX UNI-USDT	9.0031	0.0100	get 0.0100% / 8h	57m 47s	$37K	$1.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.121%Rate

Funding earned: $0
Price spread: −0.121% → −0.071%: −$5.03
Slippage, 4 orders: −$47.59
Fee HTX: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$72.62
Costs to cover: 0.676%
Break-even: never at this rate

Slippage from HTX: live order book, 1 min ago; SunX: live order book, 6 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, 1 min ago	8.60 bp	15.3 bp −$15	54.6 bp −$546	343.9 bp −$34.4K	doesn't fit
Sell SunX live order book, 6 min ago	13.89 bp	19.4 bp −$19	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	−2.041%	$660	$155K	12x	as long as short
Variational Omni UNI	−0.0022%	8h	8.9623	−0.574%	$4.0M	$4.6M	—	as long as short
dYdX UNI-USD	0.0000%	1h	8.9963	−0.197%	$249K	$6K	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9953	−0.207%	$62K	—	150x	as long as short
Bybit UNIUSDT	+0.0032%	8h	9.0000	−0.155%	$102.8M	$105.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0068%	8h	8.9990	−0.166%	$55.5M	$249.3M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9935	−0.228%	$26K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9930	−0.233%	$955K	$4.1M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0100	−0.044%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9967	−0.191%	$300K	$586K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	9.0060	−0.089%	$222.1M	$593.5M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0000	−0.155%	$278K	$622K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0050	−0.100%	$23.2M	$57.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0050	−0.100%	$43.4M	$23.6M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0060	−0.089%	$13.7M	$13.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9990	−0.166%	$32.7M	$41.5M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0020	−0.133%	—	$51.7M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9542	−0.663%	$168K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9813	−0.363%	$629K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9540	−0.666%	$88K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9880	−0.288%	$107K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9937	−0.225%	$87K	$356K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9970	−0.189%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTshort	+0.0100%	8h	9.0031	−0.121%	$37K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	8.9960	−0.200%	$25K	$664K	10x	as long as short
HTX UNI-USDTlong	+0.0100%	8h	9.0140	long leg	$736K	$4.3M	75x
Phemex UNIUSDT	+0.0100%	8h	9.0000	−0.155%	$27.1M	$4.4M	50x	as long as short
Backpack UNI_USDC_PERP	+0.0103%	1h	9.0053	−0.097%	$1.0M	$2.3M	10x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0027	−0.125%	$304K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9995	−0.161%	$32K	$1K	3x	as long as short
01 Exchange UNIUSD	+0.0208%	1h	8.9976	−0.182%	$449	—	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9910	−0.255%	$10.0M	$3.4M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0228%	1h	9.0010	−0.145%	$572K	$157K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	9.0010	−0.144%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0363%	1h	8.9894	−0.273%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	8.9948	−0.213%	$564K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0562%	1h	9.0009	−0.145%	$5.0M	$7.1M	50x	as long as short
Aftermath Perps UNIUSD	+0.0699%	1h	8.9764	−0.418%	$1K	$49K	10x	as long as short
Hyperliquid UNI	+0.0762%	1h	9.0165	+0.028%	$99.3M	$59.6M	10x	as long as short
Lighter UNI	+0.0920%	1h	9.0257	+0.130%	$4.6M	$5.1M	15x	as long as short