Funding arb · Price arb /

UNI

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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 −0.003%

Price spread now: MEXC against Paradex+0.341%46s7-day average — · you sell dearer than you buy

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

Long on Paradex Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.341% dearer against Paradex than usual: you sell high and buy low, +$34 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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	Paradex UNI-USD-PERP	9.0461	0.0100	pay 0.0100% / 8h	5h 37m	$26K	—	20x
Short	MEXC UNI_USDT	9.0770	0.0100	get 0.0100% / 8h	5h 37m	$49.2M	$25.1M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Paradex. 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 ParadexbpFee MEXCbpOrdersPrice spread, now +0.341%Rate

Funding earned: −$0.05
Price spread: +0.341% → 0.000%: $34.11
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee MEXC: 2 bp × 2 orders: −$4
Net: $26.06
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; MEXC: live order book, 2 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 Paradex no order-book sample	—	—	—	—	—
Sell MEXC live order book, 2 min ago	0.55 bp	3.3 bp −$3	7.9 bp −$79	46.8 bp −$4,678	191.7 bp −$95.9K

Paradex: 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 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	9.0706	+0.270%	$24K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.389%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0072%	1h	9.0467	+0.006%	$451	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0560	+0.109%	$947K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0716	+0.281%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0500	+0.043%	$295K	$568K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0784	+0.356%	$226.0M	$610.5M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0720	+0.286%	$102.0M	$107.8M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0750	+0.319%	$56.0M	$252.5M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0540	+0.087%	$287K	$619K	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	9.0750	+0.319%	$23.4M	$59.6M	75x	as long as short
MEXC UNI_USDTshort	+0.0100%	8h	9.0770	+0.341%	$49.2M	$25.1M	200x
KuCoin UNIUSDTM	+0.0100%	8h	9.0780	+0.352%	$13.6M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0720	+0.286%	$33.2M	$42.6M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0730	+0.297%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0784	+0.357%	$989K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0797	+0.371%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0903	+0.488%	$171K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0631	+0.188%	$633K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0510	+0.054%	$89K	$695K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0680	+0.242%	$58K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0652	+0.211%	$88K	$412K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0670	+0.231%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0495	+0.037%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0690	+0.253%	$22K	$755K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0726	+0.292%	$708K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0780	+0.352%	$27.4M	$4.5M	50x	as long as short
Paradex UNI-USD-PERPlong	+0.0100%	8h	9.0461	long leg	$26K	—	20x
Extended UNI-USD	+0.0104%	1h	9.0720	+0.286%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0700	+0.264%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0123%	1h	9.0502	+0.045%	$238K	$30K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0790	+0.363%	$10.4M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.0752	+0.321%	$5.1M	$7.3M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.0660	+0.220%	$1.1M	$5.0M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0321%	1h	9.0751	+0.320%	$583K	$192K	50x	as long as short
Reya UNIRUSDPERP	+0.0370%	1h	9.0586	+0.138%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0702	+0.266%	$644K	—	120x	as long as short
Hyperliquid UNI	+0.0541%	1h	9.0907	+0.493%	$98.7M	$59.5M	10x	as long as short
Lighter UNI	+0.0568%	1h	9.0853	+0.433%	$4.7M	$5.6M	15x	as long as short
Aftermath Perps UNIUSD	+0.0943%	1h	9.0833	+0.411%	$873	$47K	10x	as long as short