Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Bitget against StandX+0.111%51s7-day average −0.103% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$510.505% of the position

Long on StandX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 7 days−0.143%−$14 · spread now +0.111%, 7d avg −0.103%

Together, before fees−0.219%+ Points / potential airdropStandX: Active · farm board−$22 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: Bitget is 0.214% dearer against StandX than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.103%. The two prices were read 51 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	StandX UNI-USD	9.0140	0.0100	pay 0.0013% / 1h	33m 44s	$36K	$3.3M	20x
Short	Bitget UNIUSDT	9.0240	0.0100	get 0.0100% / 8h	33m 44s	$33.0M	$42.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against StandX. 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 StandXbpFee BitgetbpOrdersPrice spread, now +0.111%Rate

Funding earned: $0
Price spread: +0.111% → −0.103%: $21.38
Slippage, 4 orders: −$30.55
Fee StandX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$29.16
Costs to cover: 0.505%
Break-even: never at this rate

Slippage from StandX: live order book, 5 min ago; Bitget: 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 StandX live order book, 5 min ago	3.87 bp	18.5 bp −$18	43.6 bp −$436	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	1.11 bp	10.3 bp −$10	17.5 bp −$175	41.4 bp −$4,143	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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−2.041%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0017	−0.136%	$62K	—	150x	as long as short
Variational Omni UNI	+0.0033%	8h	9.0185	+0.050%	$4.1M	$4.4M	—	as long as short
dYdX UNI-USD	+0.0045%	1h	9.0086	−0.060%	$249K	$6K	10x	as long as short
Bybit UNIUSDT	+0.0075%	8h	9.0100	−0.044%	$102.7M	$104.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0089%	8h	9.0100	−0.044%	$55.3M	$249.4M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0015	−0.139%	$947K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0063	−0.086%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0134	−0.007%	$298K	$591K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0113	−0.030%	$222.7M	$589.1M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.0290	+0.166%	$279K	$620K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0110	−0.033%	$23.0M	$58.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0130	−0.011%	$43.7M	$24.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0120	−0.022%	$13.7M	$13.5M	75x	as long as short
Bitget UNIUSDTshort	+0.0100%	8h	9.0240	+0.111%	$33.0M	$42.1M	75x
BingX UNI-USDC	+0.0100%	8h	9.0290	+0.166%	—	$6.5M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0357	+0.240%	$170K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0280	+0.155%	$638K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0390	+0.277%	$89K	$713K	50x	as long as short
StandX UNI-USDlong	+0.0100%	1h	9.0140	long leg	$36K	$3.3M	20x
Polymarket Perps UNI-USD	+0.0100%	1h	9.0056	−0.093%	$88K	$356K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0000	−0.155%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0138	−0.002%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0020	−0.133%	$25K	$669K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0131	−0.010%	$736K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0060	−0.089%	$27.2M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0093	−0.053%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0109	−0.034%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0041	−0.110%	$32K	$1K	3x	as long as short
Backpack UNI_USDC_PERP	+0.0105%	1h	9.0067	−0.081%	$1.0M	$2.4M	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0118%	1h	9.0061	−0.088%	$580K	$176K	50x	as long as short
01 Exchange UNIUSD	+0.0200%	1h	9.0332	+0.213%	$451	—	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0100	−0.044%	$10.1M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	9.0080	−0.067%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0364%	1h	9.0017	−0.136%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	9.0004	−0.151%	$567K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0562%	1h	9.0082	−0.064%	$5.0M	$7.0M	50x	as long as short
Hyperliquid UNI	+0.0589%	1h	9.0189	+0.054%	$98.9M	$58.9M	10x	as long as short
Aftermath Perps UNIUSD	+0.0790%	1h	9.0310	+0.189%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0968%	1h	9.0287	+0.163%	$4.6M	$5.2M	15x	as long as short