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 −0.029%

Price spread now: Variational Omni against SunX−0.819%7-day average −0.091% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.055%−$5 on $10k

Price spread, last 4 days (all we have)−0.044%−$4 · spread now −0.819%, 7d avg −0.091%

Together, before fees−0.099%+ Points / potential airdropVariational Omni: Active · farm board−$10 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: Variational Omni is 0.728% cheaper against SunX than usual: you would sell low and buy high, −$73 on $10k if it goes back to its 7-day average of −0.091%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX UNI-USDT	9.2647	0.0100	pay 0.0100% / 8h	5h 18m	$38K	$1.3M	30x
Short	Variational Omni UNI	9.1888	0.0100	get 0.0100% / 8h	5h 18m	$4.3M	$4.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.819%Rate

Funding earned: $0
Price spread: −0.819% → −0.091%: −$72.79
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$80.79
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 6 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.

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, 6 min ago	12.73 bp	16.8 bp −$17	34.4 bp −$344	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	3.24 bp	doesn't fit	21.7 bp −$217	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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	9.2675	+0.030%	$51K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−4.692%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	9.3201	+0.598%	$465	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.2910	+0.284%	$972K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.2772	+0.135%	$1.1M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.2979	+0.359%	$303K	$573K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.2850	+0.219%	$230.9M	$617.7M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.2730	+0.090%	$104.1M	$109.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.2670	+0.025%	$57.3M	$259.3M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.3280	+0.683%	$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	9.2730	+0.090%	$23.2M	$61.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.2750	+0.111%	$49.7M	$25.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.2710	+0.068%	$13.9M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.2670	+0.025%	$33.9M	$43.2M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.2750	+0.111%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.2769	+0.132%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNIshort	+0.0100%	8h	9.1888	−0.819%	$4.3M	$4.2M	—
edgeX UNIUSDC	+0.0100%	4h	9.1904	−0.802%	$173K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.2276	−0.400%	$646K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1920	−0.785%	$90K	$693K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.2880	+0.251%	$45K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.2965	+0.343%	$89K	$415K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.2640	−0.008%	$17K	$1.7M	10x	as long as short
SunX UNI-USDTlong	+0.0100%	8h	9.2647	long leg	$38K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	9.2640	−0.008%	$22K	$770K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.2920	+0.295%	$724K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.2700	+0.057%	$28.0M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.2916	+0.290%	$27K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.2646	−0.001%	$311K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.2623	−0.026%	$33K	—	3x	as long as short
dYdX UNI-USD	+0.0114%	1h	9.3001	+0.383%	$245K	$31K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0115%	1h	9.2678	+0.033%	$594K	$193K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.2830	+0.198%	$10.6M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0264%	1h	9.2768	+0.131%	$5.2M	$7.6M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.2720	+0.079%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0371%	1h	9.2876	+0.247%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.2692	+0.049%	$660K	—	120x	as long as short
Hyperliquid UNI	+0.0562%	1h	9.2927	+0.302%	$101.5M	$60.7M	10x	as long as short
Lighter UNI	+0.0568%	1h	9.2855	+0.225%	$4.7M	$5.7M	15x	as long as short
Aftermath Perps UNIUSD	+0.0976%	1h	9.2294	−0.381%	$1K	$47K	10x	as long as short