Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%

Price spread now: Binance against Pacifica+0.007%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$310.308% of the position

Long on Pacifica Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.062%−$6 on $10k

Price spread, last 7 days+0.024%+$2 · spread now +0.007%, 7d avg +0.001%

Together, before fees−0.039%+ Points / potential airdropPacifica: Active · farm board−$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica UNI	8.9512	0.0100	pay 0.0013% / 1h	11m 37s	$296K	$591K	10x
Short	Binance UNIUSDT	8.9518	0.0100	get 0.0100% / 8h	11m 37s	$221.8M	$591.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Pacifica. 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 PacificabpFee BinancebpOrdersPrice spread, now +0.007%Rate

Funding earned: $0
Price spread: +0.007% → +0.001%: $0.61
Slippage, 4 orders: −$12.78
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$30.17
Costs to cover: 0.308%
Break-even: never at this rate

Slippage from Pacifica: live order book, 2 min ago; Binance: live order book, 2 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 Pacifica live order book, 2 min ago	1.67 bp	7.8 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.56 bp	6.7 bp −$7	13.6 bp −$136	30.6 bp −$3,062	163.6 bp −$81.8K

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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−1.354%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9654	+0.158%	$62K	—	150x	as long as short
Variational Omni UNI	+0.0072%	8h	8.9762	+0.279%	$4.1M	$4.4M	—	as long as short
OKX UNI-USDT-SWAP	+0.0088%	8h	8.9450	−0.069%	$54.7M	$248.7M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9515	+0.003%	$961K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9563	+0.057%	$1.0M	$3.3M	50x	as long as short
Pacifica UNIlong	+0.0100%	1h	8.9512	long leg	$296K	$591K	10x
Binance UNIUSDTshort	+0.0100%	8h	8.9518	+0.007%	$221.8M	$591.0M	75x
Bybit UNIUSDT	+0.0100%	8h	8.9470	−0.047%	$101.3M	$105.3M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9610	+0.109%	$269K	$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	8.9490	−0.025%	$22.8M	$59.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9520	+0.009%	$43.6M	$24.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9520	+0.009%	$13.6M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9440	−0.081%	$32.7M	$42.0M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9500	−0.013%	—	$52.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9684	+0.192%	$1.1M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9828	+0.352%	$169K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9580	+0.076%	$630K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9890	+0.422%	$88K	$710K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9890	+0.422%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9528	+0.018%	$85K	$365K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9620	+0.121%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9718	+0.230%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9596	+0.094%	$21K	$676K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9685	+0.193%	$718K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9630	+0.132%	$27.0M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9462	−0.056%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9463	−0.055%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9639	+0.141%	$32K	$1K	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0144%	1h	8.9697	+0.206%	$577K	$176K	50x	as long as short
01 Exchange UNIUSD	+0.0168%	1h	8.9560	+0.054%	$447	—	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9740	+0.255%	$10.0M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	8.9680	+0.188%	$1.1M	$5.4M	50x	as long as short
dYdX UNI-USD	+0.0305%	1h	8.9527	+0.017%	$248K	$6K	10x	as long as short
Reya UNIRUSDPERP	+0.0365%	1h	8.9424	−0.099%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	8.9652	+0.156%	$567K	—	120x	as long as short
Hyperliquid UNI	+0.0478%	1h	8.9581	+0.077%	$98.1M	$59.5M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0565%	1h	8.9646	+0.150%	$5.0M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0866%	1h	8.9867	+0.397%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0904%	1h	8.9682	+0.190%	$4.6M	$5.3M	15x	as long as short