Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h +0.004%

Price spread now: 01 Exchange against MEXC+0.063%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. 01 Exchange is 0.063% dearer against MEXC than usual: you sell high and buy low (spread +0.063% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 18 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC UNI_USDT	9.0200	0.0100	pay 0.0100% / 8h	7h 13m	$47.7M	$25.8M	200x
Short	01 Exchange UNIUSD	9.0257	0.0088	get 0.0011% / 1h	13m 58s	$477	$31	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.063%Rate

Funding earned: −$2.52
Price spread: +0.063% → 0.000%: $6.32
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$7.2
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 5 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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, 5 min ago	0.55 bp	5.9 bp −$6	11.1 bp −$111	25.3 bp −$2,532	163.7 bp −$81.9K
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_UNIUSD	−0.0061%	1h	9.0308	+0.119%	$4.8M	$8.5M	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	9.0230	+0.033%	$78K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.106%	$660	$153K	12x	as long as short
Nado UNI-PERP	+0.0081%	1h	9.0240	+0.044%	$731K	$4.5M	10x	as long as short
01 Exchange UNIUSDshort	+0.0088%	1h	9.0257	+0.063%	$477	$31	10x
Lighter UNI	+0.0096%	1h	9.0375	+0.194%	$4.4M	$5.6M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0222	+0.024%	$26K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0243	+0.048%	$743K	$3.2M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0275	+0.084%	$292K	$555K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0190	−0.011%	$218.1M	$637.3M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit UNIUSDT	+0.0100%	8h	9.0160	−0.044%	$100.0M	$107.6M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0180	−0.022%	$55.0M	$259.2M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0310	+0.122%	$324K	$700K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0230	+0.033%	$27.3M	$63.2M	75x	as long as short
MEXC UNI_USDTlong	+0.0100%	8h	9.0200	long leg	$47.7M	$25.8M	200x
KuCoin UNIUSDTM	+0.0100%	8h	9.0220	+0.022%	$13.3M	$12.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0180	−0.022%	$33.7M	$45.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0250	+0.055%	—	$6.5M	—	as long as short
Variational Omni UNI	+0.0100%	8h	9.0442	+0.268%	$4.2M	$3.9M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0496	+0.328%	$171K	$348K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0280	+0.088%	$628K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0600	+0.443%	$91K	$711K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0260	+0.067%	$33K	$3.5M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0306	+0.118%	$105K	$610K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0230	+0.033%	$17K	$2.4M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0292	+0.102%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0245	+0.050%	$33K	$859K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0258	+0.064%	$710K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0220	+0.022%	$27.2M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0146	−0.060%	$297K	$1.8M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0265	+0.072%	$32K	—	3x	as long as short
Hyperliquid UNI	+0.0182%	1h	9.0381	+0.201%	$97.1M	$67.3M	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0192%	1h	9.0289	+0.098%	$598K	$251K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0208%	1h	9.0300	+0.111%	$939K	$5.3M	50x	as long as short
Backpack UNI_USDC_PERP	+0.0215%	1h	9.0312	+0.124%	$1.1M	$2.5M	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0220	+0.022%	$10.1M	$3.7M	75x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0219	+0.021%	$642K	—	120x	as long as short
Reya UNIRUSDPERP	+0.0383%	1h	9.0169	−0.035%	$16K	—	20x	as long as short
Aftermath Perps UNIUSD	+0.0457%	1h	9.0126	−0.082%	$1K	$51K	10x	as long as short
dYdX UNI-USD	+0.0475%	1h	9.0232	+0.035%	$236K	$32K	10x	as long as short