Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.020%

Price spread now: GRVT against StandX+0.545%62s7-day average −0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as 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−$470.470% of the position

Long on StandX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 7 days−0.512%−$51 · spread now +0.545%, 7d avg −0.056%

Together, before fees−0.561%+ Points / potential airdropStandX: Active · GRVT: Active · farm board−$56 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: GRVT is 0.601% dearer against StandX than usual: you sell high and buy low, +$60 on $10k if it goes back to its 7-day average of −0.056%. The two prices were read 62 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	9.1650	0.0100	pay 0.0013% / 1h	16m 19s	$56K	$3.3M	20x
Short	GRVT UNI_USDT_Perp	9.2149	0.0100	get 0.0100% / 8h	7h 16m	$643K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.545%Rate

Funding earned: $0
Price spread: +0.545% → −0.056%: $60.13
Slippage, 4 orders: −$30.03
Fee StandX: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $13.09
Costs to cover: 0.470%
Break-even: from the start

Slippage from StandX: live order book, 3 min ago; GRVT: live order book, 2 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, 3 min ago	5.46 bp	11.6 bp −$12	37.1 bp −$371	doesn't fit	doesn't fit
Sell GRVT live order book, 2 min ago	2.72 bp	14.4 bp −$14	32.9 bp −$329	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
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	9.1668	+0.019%	$592K	$185K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.1612	−0.042%	$39K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.655%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0080%	1h	9.1660	+0.011%	$457	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1590	−0.065%	$983K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1674	+0.026%	$1.1M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1709	+0.065%	$306K	$589K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1630	−0.022%	$232.7M	$603.2M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1590	−0.065%	$103.1M	$107.9M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1630	−0.022%	$56.5M	$257.2M	50x	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	9.1710	+0.065%	$283K	$622K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1590	−0.065%	$23.4M	$60.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1620	−0.033%	$45.8M	$24.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1630	−0.022%	$13.6M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1580	−0.076%	$33.8M	$43.1M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1600	−0.055%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1737	+0.095%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.2000	+0.382%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.2156	+0.552%	$174K	$345K	20x	as long as short
GRVT UNI_USDT_Perpshort	+0.0100%	8h	9.2149	+0.545%	$643K	$2.6M	10x
ApeX Omni UNIUSDT	+0.0100%	1h	9.2110	+0.502%	$90K	$707K	50x	as long as short
StandX UNI-USDlong	+0.0100%	1h	9.1650	long leg	$56K	$3.3M	20x
Polymarket Perps UNI-USD	+0.0100%	1h	9.1648	−0.002%	$85K	$385K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1650	0.000%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1703	+0.058%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1641	−0.010%	$22K	$711K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1840	+0.207%	$725K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1680	+0.033%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1639	−0.012%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1546	−0.113%	$309K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1690	+0.044%	$33K	—	3x	as long as short
dYdX UNI-USD	+0.0172%	1h	9.1667	+0.019%	$246K	$24K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1670	+0.022%	$10.4M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1820	+0.185%	$1.1M	$4.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0366%	1h	9.1573	−0.084%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	9.1598	−0.057%	$579K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0383%	1h	9.1711	+0.066%	$5.1M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0542%	1h	9.1751	+0.110%	$101.1M	$59.9M	10x	as long as short
Lighter UNI	+0.0952%	1h	9.1864	+0.233%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.1007%	1h	9.2052	+0.439%	$976	$49K	10x	as long as short