Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.005%

Price spread now: Extended against MEXC−0.052%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2as in the Funding arb table

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$130.126% of the position

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.103%+$10 on $10k

Price spread, last 7 days+0.062%+$6 · spread now −0.052%, 7d avg −0.034%

Together, before fees+0.165%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC UNI_USDT	9.0300	0.0100	pay 0.0100% / 8h	54m 41s	$43.7M	$23.6M	200x
Short	Extended UNI-USD	9.0253	0.0104	get 0.0013% / 1h	54m 41s	$301K	$1.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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 MEXCbpFee ExtendedbpOrdersPrice spread, now −0.052%Rate

Funding earned: $0.84
Price spread: −0.052% → −0.034%: −$1.79
Slippage, 4 orders: −$3.63
Fee MEXC: 2 bp × 2 orders: −$4
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$13.58
Costs to cover: 0.126%
Break-even: 120.2 days

Slippage from MEXC: live order book, 9 min ago; Extended: live order book, 4 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 MEXC live order book, 9 min ago	0.56 bp	3.1 bp −$3	6.9 bp −$69	22.4 bp −$2,244	157.5 bp −$78.7K
Sell Extended live order book, 4 min ago	0.17 bp	2.8 bp −$3	5.8 bp −$58	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	−2.215%	$660	$155K	12x	as long as short
Variational Omni UNI	−0.0010%	8h	9.0073	−0.252%	$4.0M	$4.4M	—	as long as short
dYdX UNI-USD	0.0000%	1h	9.0217	−0.092%	$250K	$6K	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0326	+0.028%	$63K	—	150x	as long as short
Bybit UNIUSDT	+0.0040%	8h	9.0170	−0.144%	$102.9M	$103.8M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0074%	8h	9.0180	−0.133%	$55.7M	$247.9M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0226	−0.081%	$26K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0225	−0.083%	$957K	$4.1M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0360	+0.067%	$1.1M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0126	−0.192%	$301K	$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	9.0245	−0.061%	$222.5M	$593.8M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0350	+0.055%	$279K	$619K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0270	−0.033%	$23.2M	$57.6M	75x	as long as short
MEXC UNI_USDTlong	+0.0100%	8h	9.0300	long leg	$43.7M	$23.6M	200x
KuCoin UNIUSDTM	+0.0100%	8h	9.0260	−0.044%	$13.7M	$13.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0230	−0.078%	$32.8M	$41.3M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0250	−0.055%	—	$51.8M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0073	−0.252%	$169K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0062	−0.264%	$627K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0130	−0.188%	$89K	$712K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0170	−0.144%	$108K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0338	+0.042%	$87K	$355K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0330	+0.033%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0391	+0.101%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0350	+0.055%	$25K	$654K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0442	+0.157%	$740K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0350	+0.055%	$27.2M	$4.4M	50x	as long as short
Extended UNI-USDshort	+0.0104%	1h	9.0253	−0.052%	$301K	$1.5M	25x
Aevo UNI-PERP	+0.0104%	1h	9.0340	+0.045%	$32K	$1K	3x	as long as short
Backpack UNI_USDC_PERP	+0.0188%	1h	9.0325	+0.028%	$1.0M	$2.3M	10x	as long as short
01 Exchange UNIUSD	+0.0216%	1h	9.0340	+0.044%	$451	—	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0360	+0.066%	$10.0M	$3.4M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	9.0390	+0.100%	$1.1M	$5.4M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0285%	1h	9.0399	+0.110%	$582K	$173K	50x	as long as short
Reya UNIRUSDPERP	+0.0363%	1h	9.0280	−0.022%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	9.0331	+0.034%	$568K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0560%	1h	9.0401	+0.112%	$5.1M	$7.1M	50x	as long as short
Aftermath Perps UNIUSD	+0.0702%	1h	8.9958	−0.378%	$1K	$49K	10x	as long as short
Hyperliquid UNI	+0.0787%	1h	9.0430	+0.144%	$99.7M	$58.2M	10x	as long as short
Lighter UNI	+0.1048%	1h	9.0419	+0.132%	$4.6M	$5.1M	15x	as long as short