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 −0.002%

Price spread now: Binance against Polymarket Perps−0.093%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$300.296% of the position

Long on Polymarket Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 3 days (all we have)−0.288%−$29 · spread now −0.093%, 7d avg −0.033%

Together, before fees−0.274%−$27 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: Binance is 0.059% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps UNI-USD	9.1701	0.0100	pay 0.0013% / 1h	42m 28s	$86K	$375K	10x
Short	Binance UNIUSDT	9.1616	0.0100	get 0.0100% / 8h	7h 42m	$227.2M	$591.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Polymarket Perps. 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 Polymarket PerpsbpFee BinancebpOrdersPrice spread, now −0.093%Rate

Funding earned: $0
Price spread: −0.093% → −0.033%: −$5.91
Slippage, 4 orders: −$11.58
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$35.49
Costs to cover: 0.296%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 30 min ago; Binance: live order book, 16 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 Polymarket Perps live order book, 30 min ago	2.51 bp	8.2 bp −$8	9.8 bp −$98	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	0.56 bp	8.5 bp −$8	13.2 bp −$132	44.5 bp −$4,452	180.4 bp −$90.2K

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
Phemex UNIUSDT	−0.0380%	8h	9.1190	−0.557%	$27.5M	$4.5M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	9.1276	−0.464%	$588K	$178K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	9.1273	−0.467%	$74K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.709%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	9.1640	−0.067%	$457	—	10x	as long as short
OKX UNI-USDT-SWAP	+0.0092%	8h	9.1550	−0.165%	$56.3M	$254.1M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1765	+0.070%	$968K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1363	−0.368%	$1.1M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1208	−0.538%	$305K	$592K	10x	as long as short
Binance UNIUSDTshort	+0.0100%	8h	9.1616	−0.093%	$227.2M	$591.1M	75x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit UNIUSDT	+0.0100%	8h	9.1580	−0.132%	$103.1M	$106.4M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1610	−0.099%	$272K	$619K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1480	−0.241%	$23.0M	$58.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1250	−0.492%	$45.2M	$23.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1220	−0.525%	$13.7M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1800	+0.108%	$33.6M	$41.9M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1530	−0.186%	—	$52.1M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1233	−0.510%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1041	−0.720%	$4.1M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1357	−0.376%	$172K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1650	−0.056%	$641K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1370	−0.361%	$89K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1510	−0.208%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USDlong	+0.0100%	1h	9.1701	long leg	$86K	$375K	10x
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1270	−0.470%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1387	−0.342%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1235	−0.508%	$21K	$711K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1374	−0.357%	$730K	$4.4M	75x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1193	−0.554%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1511	−0.207%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1279	−0.460%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0140%	1h	9.1176	−0.572%	$251K	$7K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1240	−0.503%	$10.1M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1320	−0.415%	$1.1M	$5.6M	50x	as long as short
Reya UNIRUSDPERP	+0.0366%	1h	9.1823	+0.133%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	9.1291	−0.447%	$578K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0385%	1h	9.1295	−0.442%	$5.1M	$7.0M	50x	as long as short
Hyperliquid UNI	+0.0400%	1h	9.1951	+0.273%	$100.9M	$60.1M	10x	as long as short
Lighter UNI	+0.0784%	1h	9.1351	−0.382%	$4.6M	$5.2M	15x	as long as short
Aftermath Perps UNIUSD	+0.0837%	1h	9.0967	−0.801%	$970	$49K	10x	as long as short