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 −0.003%

Price spread now: MEXC against SunX−0.083%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$430.429% of the position

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 3 days (all we have)−0.134%−$13 · spread now −0.083%, 7d avg −0.054%

Together, before fees−0.200%−$20 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: MEXC is 0.029% cheaper against SunX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX UNI-USDT	9.1626	0.0100	pay 0.0100% / 8h	7h 15m	$37K	$1.3M	30x
Short	MEXC UNI_USDT	9.1550	0.0100	get 0.0100% / 8h	7h 15m	$46.5M	$24.5M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.083%Rate

Funding earned: $0
Price spread: −0.083% → −0.054%: −$2.87
Slippage, 4 orders: −$30.92
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$45.79
Costs to cover: 0.429%
Break-even: never at this rate

Slippage from SunX: live order book, 9 min ago; MEXC: 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, 9 min ago	13.81 bp	17.8 bp −$18	34.5 bp −$345	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.55 bp	2.8 bp −$3	6.5 bp −$65	34.5 bp −$3,451	179.0 bp −$89.5K

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 −0.0005%	1h	9.1601	−0.028%	$43K	—	150x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0020%	1h	9.1590	−0.039%	$592K	$185K	50x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.630%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0080%	1h	9.1600	−0.028%	$457	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1575	−0.056%	$979K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1639	+0.014%	$1.1M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1710	+0.092%	$306K	$589K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1570	−0.061%	$232.6M	$603.5M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1540	−0.094%	$103.1M	$107.9M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1530	−0.105%	$56.5M	$256.8M	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	9.1730	+0.114%	$283K	$622K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1590	−0.039%	$23.4M	$60.3M	75x	as long as short
MEXC UNI_USDTshort	+0.0100%	8h	9.1550	−0.083%	$46.5M	$24.5M	200x
KuCoin UNIUSDTM	+0.0100%	8h	9.1560	−0.072%	$13.6M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1520	−0.116%	$33.8M	$43.1M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1570	−0.061%	—	$57.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1577	−0.053%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1621	−0.006%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1705	+0.086%	$173K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1763	+0.149%	$641K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1690	+0.070%	$89K	$707K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1700	+0.081%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1595	−0.034%	$85K	$386K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1550	−0.083%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTlong	+0.0100%	8h	9.1626	long leg	$37K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	9.1570	−0.061%	$22K	$711K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1876	+0.273%	$725K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1590	−0.039%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1638	+0.014%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1515	−0.121%	$309K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1560	−0.072%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0190%	1h	9.1655	+0.032%	$246K	$24K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1600	−0.028%	$10.6M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1650	+0.026%	$1.1M	$4.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0367%	1h	9.1508	−0.129%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	9.1591	−0.038%	$579K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0383%	1h	9.1620	−0.007%	$5.1M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0538%	1h	9.1685	+0.064%	$101.0M	$59.9M	10x	as long as short
Lighter UNI	+0.0952%	1h	9.1760	+0.146%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.1009%	1h	9.1977	+0.384%	$1K	$49K	10x	as long as short