Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against SunX+0.026%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$690.692% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 3 days (all we have)−0.114%−$11 · spread now +0.026%, 7d avg −0.033%
Together, before fees−0.162%−$16 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: Phemex is 0.059% dearer against SunX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX UNI-USDT8.81870.0100pay 0.0100% / 8h1h 43m$36K$1.3M30x
ShortPhemex UNIUSDT8.82100.0100get 0.0100% / 8h1h 43m$26.6M$4.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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

Funding earned
$0
Price spread: +0.026% → −0.033%
$5.88
Slippage, 4 orders
−$49.24
Fee SunX: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$63.36
Costs to cover
0.692%
Break-even
never at this rate
Slippage from SunX: live order book, 11 min ago; Phemex: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 11 min ago13.34 bp17.4 bp −$1734.5 bp −$345doesn't fitdoesn't fit
Sell Phemex live order book, 6 min ago7.41 bp16.4 bp −$1627.2 bp −$272doesn't fitdoesn't fit

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni UNI−0.0078%8h8.7827−0.409%$3.9M$4.7Mas long as short
Bybit UNIUSDT−0.0030%8h8.8390+0.230%$101.0M$104.5M75xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.8249+0.071%$79K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.7900−0.325%$657$96K12xas long as short
OKX UNI-USDT-SWAP+0.0034%8h8.8380+0.219%$54.6M$243.9M50xas long as short
01 Exchange UNIUSD+0.0040%1h8.8244+0.065%$44010xas long as short
Deribit UNI_USDC-PERPETUAL+0.0080%1h8.8288+0.115%$562K$157K50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8164−0.027%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8142−0.050%$858K$3.9M10xas long as short
Aster UNIUSDT+0.0100%8h8.8357+0.192%$1.0M$3.4M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.8180−0.008%$297K$579K10xas long as short
Binance UNIUSDT+0.0100%8h8.8390+0.230%$217.1M$589.2M75xas long as short
Arcus UNI-USD+0.0100%1h8.8240+0.060%$272K$606K10xas long as short
Gate UNI_USDT+0.0100%8h8.8360+0.196%$23.0M$58.3M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8270+0.094%$42.6M$24.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8230+0.049%$13.5M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8400+0.242%$32.1M$41.3M75xas long as short
BingX UNI-USDC+0.0100%8h8.8360+0.196%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8362+0.198%$980K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.7992−0.221%$165K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8080−0.121%$622K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8030−0.178%$87K$714K50xas long as short
StandX UNI-USD+0.0100%1h8.8160−0.031%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8242+0.062%$87K$350K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8230+0.049%$16K$1.7M10xas long as short
SunX UNI-USDTlong+0.0100%8h8.8187long leg$36K$1.3M30x
SoDEX UNI-USD+0.0100%1h8.8247+0.068%$25K$668K10xas long as short
HTX UNI-USDT+0.0100%8h8.8366+0.203%$726K$4.3M75xas long as short
Phemex UNIUSDTshort+0.0100%8h8.8210+0.026%$26.6M$4.5M50x
Extended UNI-USD+0.0104%1h8.8362+0.199%$300K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8240+0.060%$31K$1K3xas long as short
dYdX UNI-USD+0.0156%1h8.8188+0.001%$244K$6K10xas long as short
BloFin UNI-USDT+0.0220%8h8.8280+0.105%$9.8M$3.3M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.8280+0.105%$1.0M$5.2M50xas long as short
Hyperliquid UNI+0.0333%1h8.8488+0.341%$96.8M$59.6M10xas long as short
Kraken Futures PF_UNIUSD+0.0343%1h8.8293+0.120%$4.9M$6.9M50xas long as short
Reya UNIRUSDPERP+0.0361%1h8.8235+0.054%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0319%1h8.8236+0.055%$552K120xas long as short
Lighter UNI+0.0528%1h8.8422+0.266%$4.5M$5.2M15xas long as short
Aftermath Perps UNIUSD+0.0610%1h8.8013−0.197%$1K$49K10xas long as short