Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.018%

Price spread now: Pacifica against OKX−0.201%7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$370.368% of the position

Long on OKX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.096%+$10 on $10k

Price spread, last 7 days+0.181%+$18 · spread now −0.201%, 7d avg +0.026%

Together, before fees+0.276%+ Points / potential airdropPacifica: Active · farm board+$28 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: Pacifica is 0.227% cheaper against OKX than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX UNI-USDT-SWAP	9.0080	0.0100	pay 0.0100% / 8h	6h 53m	$55.6M	$254.1M	50x
Short	Pacifica UNI	8.9899	0.0100	get 0.0013% / 1h	53m 59s	$297K	$581K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.201%Rate

Funding earned: $0
Price spread: −0.201% → +0.026%: −$22.71
Slippage, 4 orders: −$18.77
Fee OKX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$59.47
Costs to cover: 0.368%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Pacifica: live order book, 15 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, 5 min ago	0.55 bp	7.2 bp −$7	14.6 bp −$146	70.6 bp −$7,060	doesn't fit
Sell Pacifica live order book, 15 min ago	1.10 bp	10.9 bp −$11	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
ApeX Omni UNIUSDT	−0.0116%	1h	9.0670	+0.655%	$89K	$706K	50x	as long as short
dYdX UNI-USD	+0.0001%	1h	8.9886	−0.216%	$237K	$29K	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9841	−0.265%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.976%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0072%	1h	8.9710	−0.411%	$448	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9750	−0.366%	$937K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0174	+0.104%	$98.5M	$59.1M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0056	−0.026%	$1.0M	$2.9M	50x	as long as short
Pacifica UNIshort	+0.0100%	1h	8.9899	−0.201%	$297K	$581K	10x
Binance UNIUSDT	+0.0100%	8h	9.0080	0.000%	$227.4M	$606.5M	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	9.0070	−0.011%	$101.3M	$108.0M	75x	as long as short
OKX UNI-USDT-SWAPlong	+0.0100%	8h	9.0080	long leg	$55.6M	$254.1M	50x
Arcus UNI-USD	+0.0100%	1h	8.9870	−0.233%	$274K	$616K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0070	−0.011%	$22.9M	$57.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0070	−0.011%	$50.1M	$24.8M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0110	+0.033%	$13.4M	$13.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0100	+0.022%	$32.9M	$43.3M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0100	+0.022%	—	$57.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0111	+0.034%	$990K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9741	−0.376%	$4.1M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0635	+0.616%	$171K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0240	+0.178%	$626K	$2.6M	10x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9830	−0.278%	$55K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9833	−0.274%	$85K	$407K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9960	−0.133%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0143	+0.070%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0067	−0.014%	$21K	$713K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0220	+0.155%	$716K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0110	+0.033%	$27.2M	$4.6M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9765	−0.350%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0064	−0.018%	$301K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0017	−0.070%	$32K	—	3x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9860	−0.244%	$10.4M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.0140	+0.067%	$1.1M	$4.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0367%	1h	8.9768	−0.346%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.9845	−0.261%	$641K	—	120x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0423%	1h	8.9980	−0.110%	$582K	$186K	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0425%	1h	9.0157	+0.085%	$5.0M	$7.0M	50x	as long as short
Lighter UNI	+0.0520%	1h	9.0232	+0.169%	$4.6M	$5.1M	15x	as long as short
Aftermath Perps UNIUSD	+0.1057%	1h	9.0462	+0.424%	$983	$49K	10x	as long as short