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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against SunX+0.855%7-day average −0.088% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs+$39as in the Price arb table

costs, in and out, $10k−$550.550% of the position

Long on SunX 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 4 days (all we have)−1.717%−$172 · spread now +0.855%, 7d avg −0.088%

Together, before fees−1.793%−$179 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 0.943% dearer against SunX than usual: you sell high and buy low, +$94 on $10k if it goes back to its 7-day average of −0.088%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX UNI-USDT	9.2281	0.0100	pay 0.0100% / 8h	5h 19m	$37K	$1.3M	30x
Short	Bitget UNIUSDT	9.3070	0.0100	get 0.0100% / 8h	5h 19m	$34.2M	$42.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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 SunXbpFee BitgetbpOrdersPrice spread, now +0.855%Rate

Funding earned: $0
Price spread: +0.855% → −0.088%: $94.35
Slippage, 4 orders: −$34.99
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: $39.35
Costs to cover: 0.550%
Break-even: from the start

Slippage from SunX: live order book, 5 min ago; Bitget: live order book, 4 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 SunX live order book, 5 min ago	12.73 bp	16.8 bp −$17	34.4 bp −$344	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	0.54 bp	9.0 bp −$9	18.6 bp −$186	43.0 bp −$4,305	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 −0.0009%	1h	9.2312	+0.034%	$31K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−4.314%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	9.3034	+0.816%	$464	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.2930	+0.703%	$971K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.3044	+0.827%	$1.1M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.3157	+0.949%	$303K	$573K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.2968	+0.745%	$231.2M	$613.5M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.2830	+0.595%	$104.2M	$108.8M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.2910	+0.682%	$57.5M	$259.4M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.3110	+0.898%	$295K	$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	9.3100	+0.888%	$23.8M	$60.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.3120	+0.909%	$50.0M	$25.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.3070	+0.855%	$14.0M	$12.9M	75x	as long as short
Bitget UNIUSDTshort	+0.0100%	8h	9.3070	+0.855%	$34.2M	$42.9M	75x
BingX UNI-USDC	+0.0100%	8h	9.3040	+0.822%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.2361	+0.087%	$1.0M	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1888	−0.426%	$4.3M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1904	−0.408%	$173K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.2276	−0.005%	$646K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1920	−0.391%	$90K	$693K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1950	−0.359%	$41K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.2290	+0.010%	$88K	$414K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.2300	+0.021%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTlong	+0.0100%	8h	9.2281	long leg	$37K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	9.2335	+0.059%	$22K	$770K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.2472	+0.207%	$723K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.2250	−0.034%	$27.9M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.3070	+0.855%	$27K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.3061	+0.846%	$313K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.2277	−0.004%	$33K	—	3x	as long as short
dYdX UNI-USD	+0.0117%	1h	9.3141	+0.932%	$245K	$30K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1990	−0.315%	$10.5M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0265%	1h	9.2423	+0.154%	$5.1M	$7.5M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.2460	+0.194%	$1.1M	$5.2M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0325%	1h	9.2353	+0.078%	$592K	$193K	50x	as long as short
Reya UNIRUSDPERP	+0.0371%	1h	9.2224	−0.062%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.2313	+0.035%	$657K	—	120x	as long as short
Hyperliquid UNI	+0.0559%	1h	9.3233	+1.032%	$101.7M	$60.3M	10x	as long as short
Lighter UNI	+0.0576%	1h	9.3253	+1.053%	$4.8M	$5.7M	15x	as long as short
Aftermath Perps UNIUSD	+0.0902%	1h	9.1814	−0.506%	$988	$47K	10x	as long as short