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 +0.003%

Price spread now: SunX against MEXC+0.194%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$430.428% of the position

Long on MEXC Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.066%+$7 on $10k

Price spread, last 4 days (all we have)+0.362%+$36 · spread now +0.194%, 7d avg +0.051%

Together, before fees+0.428%+$43 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 0.143% dearer against MEXC than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC UNI_USDT	9.0930	0.0100	pay 0.0100% / 8h	4h 45m	$48.5M	$25.2M	200x
Short	SunX UNI-USDT	9.1106	0.0100	get 0.0100% / 8h	4h 45m	$37K	$1.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.194%Rate

Funding earned: $0
Price spread: +0.194% → +0.051%: $14.29
Slippage, 4 orders: −$30.81
Fee MEXC: 2 bp × 2 orders: −$4
Fee SunX: 4 bp × 2 orders: −$8
Net: −$28.52
Costs to cover: 0.428%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; SunX: live order book, 9 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, 3 min ago	0.55 bp	3.8 bp −$4	9.1 bp −$91	33.0 bp −$3,295	177.5 bp −$88.8K
Sell SunX live order book, 9 min ago	13.86 bp	17.9 bp −$18	36.6 bp −$366	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	9.1017	+0.096%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.892%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	9.1162	+0.255%	$455	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1115	+0.203%	$926K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1047	+0.128%	$1.0M	$3.0M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1187	+0.282%	$295K	$590K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0980	+0.055%	$224.4M	$630.5M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0810	−0.132%	$101.8M	$110.8M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0780	−0.165%	$55.7M	$258.3M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0840	−0.099%	$288K	$633K	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	9.0910	−0.022%	$23.6M	$62.8M	75x	as long as short
MEXC UNI_USDTlong	+0.0100%	8h	9.0930	long leg	$48.5M	$25.2M	200x
KuCoin UNIUSDTM	+0.0100%	8h	9.0940	+0.011%	$13.6M	$13.1M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0790	−0.154%	$33.5M	$44.3M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0870	−0.066%	—	$56.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1011	+0.089%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0968	+0.042%	$4.3M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0557	−0.410%	$171K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0473	−0.502%	$627K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0570	−0.396%	$88K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0750	−0.198%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1128	+0.218%	$88K	$423K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1060	+0.143%	$16K	$1.6M	10x	as long as short
SunX UNI-USDTshort	+0.0100%	8h	9.1106	+0.194%	$37K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	9.1055	+0.137%	$22K	$783K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1120	+0.209%	$715K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0980	+0.055%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1202	+0.299%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0901	−0.032%	$298K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1054	+0.136%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0112%	1h	9.1154	+0.246%	$240K	$30K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0156%	1h	9.1074	+0.158%	$583K	$193K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0970	+0.044%	$10.4M	$3.6M	75x	as long as short
Lighter UNI	+0.0224%	1h	9.1040	+0.121%	$4.6M	$5.8M	15x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.1130	+0.220%	$1.1M	$5.5M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	9.1085	+0.171%	$5.0M	$7.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0372%	1h	9.0997	+0.073%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1007	+0.084%	$649K	—	120x	as long as short
Hyperliquid UNI	+0.0429%	1h	9.0912	−0.020%	$98.7M	$61.8M	10x	as long as short
Aftermath Perps UNIUSD	+0.1036%	1h	9.0968	+0.042%	$874	$46K	10x	as long as short