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 +0.015%

Price spread now: MEXC against OKX−0.077%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$290.287% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 7 days+0.064%+$6 · spread now −0.077%, 7d avg +0.025%

Together, before fees+0.099%+$10 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: MEXC is 0.102% cheaper against OKX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX UNI-USDT-SWAP	9.0700	0.0100	pay 0.0100% / 8h	3h 55m	$55.2M	$262.4M	50x
Short	MEXC UNI_USDT	9.0630	0.0100	get 0.0100% / 8h	3h 55m	$47.8M	$25.4M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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 OKXbpFee MEXCbpOrdersPrice spread, now −0.077%Rate

Funding earned: $0
Price spread: −0.077% → +0.025%: −$10.18
Slippage, 4 orders: −$14.74
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$38.92
Costs to cover: 0.287%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; MEXC: 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 OKX live order book, 4 min ago	0.55 bp	7.4 bp −$7	17.0 bp −$170	47.9 bp −$4,793	doesn't fit
Sell MEXC live order book, 4 min ago	0.55 bp	8.6 bp −$9	14.0 bp −$140	31.4 bp −$3,135	166.7 bp −$83.4K

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	9.0597	−0.113%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.646%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0080%	1h	9.0469	−0.255%	$451	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0545	−0.171%	$969K	$4.4M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0777	+0.085%	$98.2M	$62.6M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0514	−0.205%	$814K	$3.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0452	−0.273%	$292K	$602K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0680	−0.022%	$222.8M	$640.7M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0650	−0.055%	$101.9M	$111.5M	75x	as long as short
OKX UNI-USDT-SWAPlong	+0.0100%	8h	9.0700	long leg	$55.2M	$262.4M	50x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.0550	−0.165%	$316K	$653K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0580	−0.132%	$23.7M	$63.2M	75x	as long as short
MEXC UNI_USDTshort	+0.0100%	8h	9.0630	−0.077%	$47.8M	$25.4M	200x
KuCoin UNIUSDTM	+0.0100%	8h	9.0680	−0.022%	$13.5M	$13.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0640	−0.066%	$33.4M	$45.1M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0700	0.000%	—	$56.6M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0740	+0.044%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0369	−0.365%	$4.2M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0508	−0.212%	$171K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0442	−0.285%	$640K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0510	−0.209%	$95K	$702K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0340	−0.397%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0554	−0.161%	$86K	$430K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0600	−0.110%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0645	−0.061%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0655	−0.050%	$22K	$793K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0760	+0.066%	$725K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0690	−0.011%	$27.4M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0337	−0.401%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0600	−0.110%	$292K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0611	−0.098%	$32K	—	3x	as long as short
Lighter UNI	+0.0112%	1h	9.0766	+0.073%	$4.6M	$5.8M	15x	as long as short
Coinbase International UNI-PERP-INTX	+0.0216%	1h	9.0610	−0.099%	$949K	$5.9M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0700	0.000%	$10.3M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	9.0726	+0.029%	$5.0M	$8.0M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0309%	1h	9.0668	−0.035%	$581K	$208K	50x	as long as short
dYdX UNI-USD	+0.0343%	1h	9.0414	−0.316%	$238K	$30K	10x	as long as short
Reya UNIRUSDPERP	+0.0373%	1h	9.0555	−0.160%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0577	−0.136%	$644K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0890%	1h	9.0665	−0.039%	$991	$46K	10x	as long as short