Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: BingX against Pacifica−0.021%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$270.274% of the position

Long on Pacifica Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.103%−$10 on $10k

Price spread, last 7 days+0.021%+$2 · spread now −0.021%, 7d avg −0.029%

Together, before fees−0.081%+ Points / potential airdropPacifica: Active · farm board−$8 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica UNI	9.2009	0.0100	pay 0.0013% / 1h	20m 38s	$307K	$586K	10x
Short	BingX UNI-USDT	9.1990	0.0100	get 0.0100% / 8h	7h 20m	—	$56.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.021%Rate

Funding earned: $0
Price spread: −0.021% → −0.029%: $0.75
Slippage, 4 orders: −$9.35
Fee Pacifica: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$26.6
Costs to cover: 0.274%
Break-even: never at this rate

Slippage from Pacifica: live order book, 53 min ago; BingX: live order book, 3 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, 53 min ago	1.67 bp	7.8 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	0.54 bp	5.5 bp −$6	5.5 bp −$55	5.5 bp −$554	5.5 bp −$2,769

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	9.2041	+0.034%	$39K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−4.032%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0072%	1h	9.2065	+0.060%	$459	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.2045	+0.039%	$1.0M	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.2227	+0.237%	$1.1M	$2.9M	50x	as long as short
Pacifica UNIlong	+0.0100%	1h	9.2009	long leg	$307K	$586K	10x
Binance UNIUSDT	+0.0100%	8h	9.2004	−0.006%	$230.9M	$603.1M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1910	−0.108%	$103.8M	$107.9M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1960	−0.054%	$56.8M	$258.5M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.2100	+0.098%	$284K	$626K	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	9.1970	−0.043%	$23.5M	$60.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1990	−0.021%	$46.2M	$24.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1940	−0.075%	$13.7M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1960	−0.054%	$33.9M	$43.1M	75x	as long as short
BingX UNI-USDTshort	+0.0100%	8h	9.1990	−0.021%	—	$56.6M	—
Backpack UNI_USDC_PERP	+0.0100%	1h	9.2067	+0.063%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.2000	−0.010%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.2914	+0.984%	$175K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.2775	+0.832%	$648K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.2790	+0.848%	$91K	$707K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.2730	+0.783%	$51K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.2109	+0.108%	$85K	$384K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.2030	+0.022%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.2077	+0.073%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.2069	+0.065%	$22K	$717K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.2068	+0.064%	$727K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.2050	+0.044%	$27.7M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1899	−0.120%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1944	−0.071%	$312K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.2070	+0.066%	$33K	—	3x	as long as short
dYdX UNI-USD	+0.0117%	1h	9.2001	−0.009%	$242K	$20K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0124%	1h	9.2095	+0.093%	$595K	$184K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.2020	+0.011%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.2160	+0.164%	$1.1M	$4.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0366%	1h	9.1998	−0.012%	$17K	—	20x	as long as short
Kraken Futures PF_UNIUSD	+0.0381%	1h	9.2110	+0.110%	$5.1M	$7.1M	50x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	9.2015	+0.006%	$582K	—	120x	as long as short
Hyperliquid UNI	+0.0561%	1h	9.2088	+0.085%	$101.5M	$59.8M	10x	as long as short
Lighter UNI	+0.0968%	1h	9.2193	+0.199%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.1019%	1h	9.2509	+0.543%	$936	$49K	10x	as long as short