Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: StandX against Polymarket Perps+0.031%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$420.419% of the position

Long on Polymarket Perps Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.080%+$8 on $10k

Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.031%, 7d avg +0.021%

Together, before fees+0.032%+ Points / potential airdropStandX: Active · farm board+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps UNI-USD	9.0372	0.0100	pay 0.0013% / 1h	27m 50s	$86K	$410K	10x
Short	StandX UNI-USD	9.0400	0.0100	get 0.0013% / 1h	27m 50s	$56K	$3.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now +0.031%Rate

Funding earned: $0
Price spread: +0.031% → +0.021%: $1
Slippage, 4 orders: −$25.91
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee StandX: 4 bp × 2 orders: −$8
Net: −$40.91
Costs to cover: 0.419%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 40 min ago; StandX: live order book, 1 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, 40 min ago	2.46 bp	7.3 bp −$7	8.3 bp −$83	doesn't fit	doesn't fit
Sell StandX live order book, 1 min ago	7.76 bp	15.3 bp −$15	43.3 bp −$433	doesn't fit	doesn't fit

UNI on 39 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	9.0449	+0.085%	$19K	—	150x	as long as short
dYdX UNI-USD	+0.0021%	1h	9.0304	−0.075%	$238K	$30K	10x	as long as short
01 Exchange UNIUSD	+0.0032%	1h	9.0322	−0.055%	$451	—	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.293%	$660	$154K	12x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0295	−0.085%	$942K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0619	+0.273%	$98.4M	$60.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0544	+0.190%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0336	−0.040%	$296K	$574K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0514	+0.158%	$226.0M	$611.1M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0470	+0.108%	$101.2M	$107.5M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0470	+0.108%	$55.8M	$254.1M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0420	+0.053%	$286K	$641K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0500	+0.142%	$23.1M	$58.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0480	+0.120%	$49.6M	$26.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0520	+0.164%	$13.4M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0460	+0.097%	$33.1M	$42.8M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0480	+0.120%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0492	+0.133%	$992K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0181	−0.211%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0270	−0.113%	$170K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9959	−0.457%	$630K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0300	−0.080%	$88K	$699K	50x	as long as short
StandX UNI-USDshort	+0.0100%	1h	9.0400	+0.031%	$56K	$3.3M	20x
Polymarket Perps UNI-USDlong	+0.0100%	1h	9.0372	long leg	$86K	$410K	10x
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0500	+0.142%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0546	+0.193%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0480	+0.120%	$22K	$710K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0580	+0.230%	$720K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0480	+0.120%	$27.3M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0322	−0.055%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0439	+0.075%	$300K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0536	+0.182%	$32K	—	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.0510	+0.153%	$1.1M	$4.7M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0354%	1h	9.0574	+0.223%	$588K	$200K	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	9.0313	−0.066%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0440	+0.075%	$643K	—	120x	as long as short
Lighter UNI	+0.0408%	1h	9.0649	+0.307%	$4.7M	$5.3M	15x	as long as short
Kraken Futures PF_UNIUSD	+0.0424%	1h	9.0536	+0.182%	$5.0M	$6.9M	50x	as long as short
Aftermath Perps UNIUSD	+0.0944%	1h	9.0231	−0.155%	$900	$48K	10x	as long as short