Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SunX against SoDEX−0.198%7-day average +0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$530.534% of the position

Long on SoDEX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.260%+$26 · spread now −0.198%, 7d avg +0.063%

Together, before fees+0.262%+$26 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: SunX is 0.261% cheaper against SoDEX than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX UNI-USD	9.1360	0.0100	pay 0.0013% / 1h	32m 58s	$22K	$760K	10x
Short	SunX UNI-USDT	9.1179	0.0100	get 0.0100% / 8h	5h 32m	$37K	$1.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against SoDEX. 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 SoDEXbpFee SunXbpOrdersPrice spread, now −0.198%Rate

Funding earned: $0
Price spread: −0.198% → +0.063%: −$26.11
Slippage, 4 orders: −$37.45
Fee SoDEX: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$79.56
Costs to cover: 0.534%
Break-even: never at this rate

Slippage from SoDEX: live order book, 31 min ago; SunX: live order book, 11 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 SoDEX live order book, 31 min ago	0.54 bp	9.5 bp −$9	27.9 bp −$279	doesn't fit	doesn't fit
Sell SunX live order book, 11 min ago	12.78 bp	17.7 bp −$18	35.9 bp −$359	doesn't fit	doesn't fit

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 −0.0008%	1h	9.1285	−0.082%	$28K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.349%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	9.1138	−0.243%	$455	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1145	−0.235%	$951K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1428	+0.074%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1110	−0.274%	$297K	$568K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1491	+0.144%	$227.8M	$609.5M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1470	+0.120%	$102.7M	$107.8M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1450	+0.099%	$56.4M	$253.7M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1190	−0.186%	$289K	$614K	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	9.1370	+0.011%	$23.6M	$59.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1340	−0.022%	$49.3M	$25.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1370	+0.011%	$13.7M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1460	+0.109%	$33.5M	$42.6M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1450	+0.099%	—	$56.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1455	+0.104%	$993K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1137	−0.244%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1240	−0.132%	$172K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1189	−0.187%	$634K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1330	−0.033%	$89K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0910	−0.493%	$40K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1249	−0.121%	$89K	$412K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1300	−0.066%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTshort	+0.0100%	8h	9.1179	−0.198%	$37K	$1.3M	30x
SoDEX UNI-USDlong	+0.0100%	1h	9.1360	long leg	$22K	$760K	10x
HTX UNI-USDT	+0.0100%	8h	9.1480	+0.131%	$719K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1340	−0.022%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1091	−0.295%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1436	+0.084%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1308	−0.057%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0123%	1h	9.1072	−0.315%	$240K	$30K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1380	+0.022%	$10.5M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	9.1414	+0.059%	$5.1M	$7.3M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.1410	+0.055%	$1.1M	$5.1M	50x	as long as short
Reya UNIRUSDPERP	+0.0370%	1h	9.1186	−0.190%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1290	−0.076%	$649K	—	120x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0425%	1h	9.1377	+0.018%	$587K	$192K	50x	as long as short
Hyperliquid UNI	+0.0529%	1h	9.1528	+0.184%	$99.2M	$59.8M	10x	as long as short
Lighter UNI	+0.0592%	1h	9.1525	+0.181%	$4.7M	$5.6M	15x	as long as short
Aftermath Perps UNIUSD	+0.0963%	1h	9.1028	−0.364%	$923	$47K	10x	as long as short