Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SunX against StandX+0.122%48s7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as 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−$780.775% of the position

Long on StandX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.122%, 7d avg +0.014%

Together, before fees+0.028%+ Points / potential airdropStandX: Active · farm board+$3 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 0.109% dearer against StandX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.014%. The two prices were read 48 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	8.9120	0.0100	pay 0.0013% / 1h	41m 33s	$15K	$3.4M	20x
Short	SunX UNI-USDT	8.9229	0.0100	get 0.0100% / 8h	41m 33s	$36K	$1.4M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.122%Rate

Funding earned: $0
Price spread: +0.122% → +0.014%: $10.87
Slippage, 4 orders: −$61.51
Fee StandX: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$66.64
Costs to cover: 0.775%
Break-even: never at this rate

Slippage from StandX: live order book, 2 min ago; SunX: live order book, 3 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, 2 min ago	6.18 bp	27.9 bp −$28	50.1 bp −$501	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	13.86 bp	19.4 bp −$19	47.3 bp −$473	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
Kraken Futures PF_UNIUSD	−0.0304%	1h	8.9299	+0.200%	$4.7M	$8.6M	50x	as long as short
01 Exchange UNIUSD	−0.0016%	1h	8.9071	−0.055%	$444	$5	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9318	+0.222%	$49K	—	150x	as long as short
Nado UNI-PERP	+0.0024%	1h	8.9025	−0.107%	$730K	$4.7M	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.920%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0085%	1h	8.9283	+0.183%	$106K	$616K	10x	as long as short
Lighter UNI	+0.0096%	1h	8.9181	+0.068%	$4.5M	$5.5M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9047	−0.082%	$25K	—	20x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9170	+0.056%	$94.9M	$67.6M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9104	−0.018%	$729K	$3.6M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.9090	−0.034%	$288K	$600K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9050	−0.079%	$215.3M	$656.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9040	−0.090%	$98.7M	$111.3M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9050	−0.079%	$54.4M	$265.4M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9140	+0.022%	$318K	$701K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9060	−0.067%	$25.5M	$65.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9060	−0.067%	$48.6M	$26.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9080	−0.045%	$13.1M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9030	−0.101%	$32.6M	$45.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9060	−0.067%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9334	+0.240%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9138	+0.020%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9048	−0.081%	$169K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9002	−0.132%	$617K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9060	−0.067%	$89K	$710K	50x	as long as short
StandX UNI-USDlong	+0.0100%	1h	8.9120	long leg	$15K	$3.4M	20x
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9240	+0.135%	$16K	$2.1M	10x	as long as short
SunX UNI-USDTshort	+0.0100%	8h	8.9229	+0.122%	$36K	$1.4M	30x
SoDEX UNI-USD	+0.0100%	1h	8.9240	+0.135%	$32K	$888K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9347	+0.255%	$699K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9220	+0.112%	$26.9M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9019	−0.113%	$288K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9249	+0.145%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0178%	1h	8.9324	+0.229%	$588K	$250K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.9310	+0.213%	$930K	$5.5M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8980	−0.157%	$10.0M	$3.6M	75x	as long as short
Reya UNIRUSDPERP	+0.0380%	1h	8.9246	+0.142%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9311	+0.214%	$635K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0448%	1h	8.9089	−0.034%	$951	$53K	10x	as long as short
dYdX UNI-USD	+0.0616%	1h	8.9092	−0.031%	$235K	$30K	10x	as long as short