Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.005%

Price spread now: SunX against 01 Exchange+0.048%7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. SunX is 0.048% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange UNIUSD	8.9827	0.0160	pay 0.0020% / 1h	4m 05s	$448	—	10x
Short	SunX UNI-USDT	8.9870	0.0100	get 0.0100% / 8h	4m 05s	$37K	$1.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against 01 Exchange. 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 01 ExchangebpFee SunXbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$12.6
Price spread: +0.048% → 0.000%: $4.79
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee SunX: 4 bp × 2 orders: −$8
Net: −$22.81
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; SunX: live order book, 10 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 01 Exchange no order-book sample	—	—	—	—	—
Sell SunX live order book, 10 min ago	17.84 bp	23.3 bp −$23	doesn't fit	doesn't fit	doesn't fit

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−1.700%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9744	−0.093%	$62K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0086%	8h	8.9670	−0.175%	$54.8M	$249.1M	50x	as long as short
Variational Omni UNI	+0.0087%	8h	8.9503	−0.361%	$4.1M	$4.4M	—	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9650	−0.197%	$943K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9746	−0.090%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9804	−0.025%	$297K	$591K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9710	−0.130%	$222.0M	$591.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9670	−0.175%	$101.5M	$105.6M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9880	+0.059%	$270K	$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	8.9700	−0.141%	$22.8M	$59.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9700	−0.141%	$43.9M	$24.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9730	−0.108%	$13.6M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9690	−0.153%	$32.8M	$42.1M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9690	−0.153%	—	$52.1M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9753	−0.082%	$1.1M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9500	−0.365%	$168K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9730	−0.108%	$624K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9490	−0.375%	$88K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9580	−0.275%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9726	−0.112%	$85K	$366K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9740	−0.097%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTshort	+0.0100%	8h	8.9870	+0.048%	$37K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	8.9700	−0.141%	$21K	$676K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9862	+0.039%	$719K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9730	−0.108%	$27.1M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9784	−0.048%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9683	−0.161%	$301K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9767	−0.067%	$32K	$1K	3x	as long as short
01 Exchange UNIUSDlong	+0.0160%	1h	8.9827	long leg	$448	—	10x
BloFin UNI-USDT	+0.0220%	8h	8.9540	−0.320%	$10.0M	$3.5M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0224%	1h	8.9787	−0.045%	$578K	$177K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	8.9850	+0.026%	$1.1M	$5.4M	50x	as long as short
dYdX UNI-USD	+0.0299%	1h	8.9830	+0.003%	$249K	$6K	10x	as long as short
Reya UNIRUSDPERP	+0.0365%	1h	8.9639	−0.209%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	8.9718	−0.121%	$568K	—	120x	as long as short
Hyperliquid UNI	+0.0427%	1h	8.9791	−0.040%	$98.2M	$59.6M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0564%	1h	8.9758	−0.077%	$5.0M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0868%	1h	8.9745	−0.092%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0904%	1h	8.9885	+0.065%	$4.6M	$5.3M	15x	as long as short