Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%

Price spread now: MEXC against Pacifica−0.017%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

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

costs, in and out, $10k−$290.286% of the position

Long on Pacifica Short on MEXC

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+0.027%+$3 · spread now −0.017%, 7d avg −0.003%

Together, before fees−0.035%+ 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	8.8155	0.0100	pay 0.0013% / 1h	48m 39s	$296K	$559K	10x
Short	MEXC UNI_USDT	8.8140	0.0100	get 0.0100% / 8h	2h 48m	$42.7M	$24.4M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.017%Rate

Funding earned: $0
Price spread: −0.017% → −0.003%: −$1.33
Slippage, 4 orders: −$16.6
Fee Pacifica: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$29.92
Costs to cover: 0.286%
Break-even: never at this rate

Slippage from Pacifica: live order book, 40 min ago; MEXC: live order book, 5 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, 40 min ago	1.13 bp	10.0 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.57 bp	2.9 bp −$3	7.6 bp −$76	29.8 bp −$2,982	181.1 bp −$90.6K

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
Variational Omni UNI	−0.0200%	8h	8.7965	−0.215%	$3.9M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0188%	8h	8.8090	−0.073%	$102.6M	$103.8M	75x	as long as short
01 Exchange UNIUSD	−0.0040%	1h	8.8176	+0.024%	$440	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8101	−0.061%	$550K	$125K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8093	−0.070%	$79K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0007%	8h	8.8090	−0.073%	$54.3M	$244.3M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8155	+0.001%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8092	−0.070%	$848K	$3.9M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8183	+0.032%	$1.0M	$3.4M	50x	as long as short
Pacifica UNIlong	+0.0100%	1h	8.8155	long leg	$296K	$559K	10x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.8125	−0.034%	$215.9M	$593.3M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8230	+0.086%	$272K	$605K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8130	−0.028%	$22.9M	$58.9M	75x	as long as short
MEXC UNI_USDTshort	+0.0100%	8h	8.8140	−0.017%	$42.7M	$24.4M	200x
KuCoin UNIUSDTM	+0.0100%	8h	8.8150	−0.005%	$13.7M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8110	−0.051%	$31.9M	$40.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8130	−0.028%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8065	−0.102%	$975K	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8216	+0.069%	$166K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8123	−0.036%	$618K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8070	−0.096%	$83K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8130	−0.028%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8109	−0.052%	$86K	$323K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8040	−0.130%	$15K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8107	−0.054%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8039	−0.131%	$28K	$659K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8175	+0.023%	$720K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8040	−0.130%	$26.5M	$4.3M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8105	−0.056%	$307K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8086	−0.078%	$31K	$1K	3x	as long as short
dYdX UNI-USD	+0.0168%	1h	8.8150	−0.005%	$244K	$5K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8140	−0.017%	$1.0M	$5.3M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8060	−0.107%	$9.8M	$3.3M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	8.8096	−0.067%	$4.9M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0356%	1h	8.8263	+0.123%	$95.8M	$59.6M	10x	as long as short
Reya UNIRUSDPERP	+0.0359%	1h	8.8022	−0.151%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	8.8077	−0.088%	$552K	—	120x	as long as short
Lighter UNI	+0.0424%	1h	8.8314	+0.181%	$4.5M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.0484%	1h	8.8175	+0.023%	$1K	$50K	10x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−0.289%	$657	$97K	12x	as long as short