Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.018%

Price spread now: StandX against OKX−0.120%7-day average +0.087% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$510.506% of the position

Long on OKX Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.100%+$10 on $10k

Price spread, last 7 days+0.157%+$16 · spread now −0.120%, 7d avg +0.087%

Together, before fees+0.257%+ Points / potential airdropStandX: Active · farm board+$26 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: StandX is 0.207% cheaper against OKX than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.087%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX UNI-USDT-SWAP	9.1920	0.0100	pay 0.0100% / 8h	5h 13m	$56.8M	$258.2M	50x
Short	StandX UNI-USD	9.1810	0.0100	get 0.0013% / 1h	13m 15s	$51K	$3.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.120%Rate

Funding earned: $0
Price spread: −0.120% → +0.087%: −$20.68
Slippage, 4 orders: −$32.57
Fee OKX: 5 bp × 2 orders: −$10
Fee StandX: 4 bp × 2 orders: −$8
Net: −$71.25
Costs to cover: 0.506%
Break-even: never at this rate

Slippage from OKX: live order book, 6 min ago; StandX: live order book, 1 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, 6 min ago	0.54 bp	9.0 bp −$9	16.8 bp −$168	58.8 bp −$5,884	doesn't fit
Sell StandX live order book, 1 min ago	5.99 bp	23.8 bp −$24	57.3 bp −$573	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 −0.0006%	1h	9.2082	+0.176%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.938%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.2159	+0.260%	$460	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.2080	+0.174%	$951K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.2117	+0.215%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1980	+0.065%	$299K	$573K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1950	+0.033%	$228.2M	$621.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1900	−0.022%	$103.3M	$109.8M	75x	as long as short
OKX UNI-USDT-SWAPlong	+0.0100%	8h	9.1920	long leg	$56.8M	$258.2M	50x
Arcus UNI-USD	+0.0100%	1h	9.2210	+0.315%	$292K	$614K	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	9.2080	+0.174%	$23.6M	$61.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1940	+0.022%	$49.5M	$25.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.2030	+0.120%	$13.8M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1930	+0.011%	$33.7M	$43.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.2100	+0.196%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1981	+0.066%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.2057	+0.149%	$4.3M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.2667	+0.813%	$175K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.2320	+0.435%	$647K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.2680	+0.827%	$90K	$694K	50x	as long as short
StandX UNI-USDshort	+0.0100%	1h	9.1810	−0.120%	$51K	$3.3M	20x
Polymarket Perps UNI-USD	+0.0100%	1h	9.2120	+0.218%	$88K	$419K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.2020	+0.109%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.2060	+0.152%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.2030	+0.120%	$22K	$772K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.2200	+0.305%	$725K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1880	−0.044%	$27.8M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1987	+0.073%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1957	+0.040%	$312K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.2007	+0.095%	$33K	—	3x	as long as short
dYdX UNI-USD	+0.0113%	1h	9.2002	+0.089%	$242K	$31K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1920	0.000%	$10.4M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0266%	1h	9.2095	+0.191%	$5.1M	$7.7M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.2090	+0.185%	$1.1M	$5.4M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0330%	1h	9.2071	+0.165%	$590K	$193K	50x	as long as short
Reya UNIRUSDPERP	+0.0371%	1h	9.2031	+0.121%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.2105	+0.201%	$656K	—	120x	as long as short
Hyperliquid UNI	+0.0540%	1h	9.2251	+0.360%	$100.6M	$61.6M	10x	as long as short
Lighter UNI	+0.0568%	1h	9.2149	+0.249%	$4.7M	$5.8M	15x	as long as short
Aftermath Perps UNIUSD	+0.0986%	1h	9.2169	+0.271%	$895	$47K	10x	as long as short