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 0.000%

Price spread now: SunX against Orderly+0.217%57s7-day average +0.061% · you sell dearer than you buy

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

Long on Orderly Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 3 days (all we have)−0.130%−$13 · spread now +0.217%, 7d avg +0.061%

Together, before fees−0.129%−$13 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 0.156% dearer against Orderly than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.061%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_UNI_USDC	9.0350	0.0100	pay 0.0100% / 8h	6h 27m	$16K	$1.7M	10x
Short	SunX UNI-USDT	9.0546	0.0100	get 0.0100% / 8h	6h 27m	$37K	$1.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Orderly. 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 OrderlybpFee SunXbpOrdersPrice spread, now +0.217%Rate

Funding earned: $0
Price spread: +0.217% → +0.061%: $15.61
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: $1.61
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Orderly: no order-book sample; SunX: live order book, 7 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell SunX live order book, 7 min ago	13.33 bp	17.8 bp −$18	36.8 bp −$368	doesn't fit	doesn't fit

Orderly: 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 39 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	9.0446	+0.107%	$19K	—	150x	as long as short
dYdX UNI-USD	+0.0021%	1h	9.0513	+0.180%	$238K	$30K	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.269%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0040%	1h	9.0517	+0.185%	$452	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0470	+0.133%	$944K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0594	+0.270%	$98.4M	$60.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0578	+0.253%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0520	+0.188%	$296K	$574K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0453	+0.114%	$225.9M	$610.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0330	−0.022%	$101.0M	$107.5M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0440	+0.100%	$55.8M	$253.3M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0560	+0.232%	$287K	$641K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0440	+0.100%	$23.1M	$58.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0470	+0.133%	$49.6M	$26.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0500	+0.166%	$13.4M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0430	+0.089%	$33.1M	$42.8M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0430	+0.089%	—	$57.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0492	+0.157%	$992K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0181	−0.187%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0414	+0.071%	$170K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0275	−0.083%	$628K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0420	+0.077%	$88K	$699K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0400	+0.055%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0499	+0.165%	$86K	$410K	10x	as long as short
Orderly PERP_UNI_USDClong	+0.0100%	8h	9.0350	long leg	$16K	$1.7M	10x
SunX UNI-USDTshort	+0.0100%	8h	9.0546	+0.217%	$37K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	9.0480	+0.144%	$22K	$710K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0580	+0.255%	$720K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0480	+0.144%	$27.3M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0462	+0.124%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0419	+0.076%	$300K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0536	+0.206%	$32K	—	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.0510	+0.177%	$1.1M	$4.7M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0354%	1h	9.0574	+0.248%	$588K	$200K	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	9.0425	+0.083%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0440	+0.099%	$643K	—	120x	as long as short
Lighter UNI	+0.0408%	1h	9.0649	+0.331%	$4.7M	$5.3M	15x	as long as short
Kraken Futures PF_UNIUSD	+0.0424%	1h	9.0536	+0.206%	$5.0M	$6.9M	50x	as long as short
Aftermath Perps UNIUSD	+0.0941%	1h	9.0297	−0.059%	$901	$48K	10x	as long as short