Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: StandX against Arcus+0.045%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$590.591% of the position

Long on Arcus Short on StandX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.253%+$25 · spread now +0.045%, 7d avg +0.007%

Together, before fees+0.252%+ Points / potential airdropStandX: Active · farm board+$25 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: StandX is 0.038% dearer against Arcus than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus UNI-USD	8.8680	0.0100	pay 0.0013% / 1h	59m 15s	$316K	$695K	10x
Short	StandX UNI-USD	8.8720	0.0100	get 0.0013% / 1h	59m 15s	$15K	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against Arcus. 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 ArcusbpFee StandXbpOrdersPrice spread, now +0.045%Rate

Funding earned: $0
Price spread: +0.045% → +0.007%: $3.81
Slippage, 4 orders: −$46.65
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee StandX: 4 bp × 2 orders: −$8
Net: −$55.34
Costs to cover: 0.591%
Break-even: never at this rate

Slippage from Arcus: live order book, 45 min ago; StandX: live order book, 5 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 Arcus live order book, 45 min ago	3.91 bp	10.3 bp −$10	16.5 bp −$165	doesn't fit	doesn't fit
Sell StandX live order book, 5 min ago	6.20 bp	28.8 bp −$29	53.8 bp −$538	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
Nado UNI-PERP	−0.0317%	1h	8.8585	−0.107%	$736K	$4.7M	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0307%	1h	8.8617	−0.071%	$4.7M	$8.6M	50x	as long as short
Polymarket Perps UNI-USD	−0.0071%	1h	8.8580	−0.113%	$106K	$616K	10x	as long as short
01 Exchange UNIUSD	−0.0024%	1h	8.8650	−0.034%	$442	$5	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.8597	−0.094%	$49K	—	150x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0005%	1h	8.8624	−0.063%	$584K	$250K	50x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.429%	$660	$153K	12x	as long as short
Lighter UNI	+0.0096%	1h	8.8671	−0.010%	$4.4M	$5.5M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8657	−0.026%	$25K	—	20x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.8714	+0.038%	$94.4M	$67.7M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster UNIUSDT	+0.0100%	8h	8.8627	−0.059%	$726K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8690	+0.011%	$284K	$590K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8569	−0.126%	$214.0M	$657.4M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8550	−0.147%	$98.1M	$111.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8510	−0.192%	$53.9M	$263.8M	50x	as long as short
Arcus UNI-USDlong	+0.0100%	1h	8.8680	long leg	$316K	$695K	10x
Gate UNI_USDT	+0.0100%	8h	8.8560	−0.135%	$25.2M	$65.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8600	−0.090%	$48.3M	$26.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8580	−0.113%	$13.0M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8580	−0.113%	$32.5M	$45.4M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.8560	−0.135%	—	$57.1M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8751	+0.080%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8510	−0.192%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8559	−0.136%	$168K	$347K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8480	−0.226%	$619K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8620	−0.068%	$89K	$709K	50x	as long as short
StandX UNI-USDshort	+0.0100%	1h	8.8720	+0.045%	$15K	$3.4M	20x
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8590	−0.101%	$16K	$2.0M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8710	+0.034%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8560	−0.135%	$32K	$887K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8677	−0.003%	$694K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8590	−0.101%	$26.7M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8523	−0.177%	$289K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8565	−0.130%	$31K	—	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8710	+0.034%	$924K	$5.4M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8580	−0.113%	$10.0M	$3.6M	75x	as long as short
Reya UNIRUSDPERP	+0.0380%	1h	8.8547	−0.150%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.8594	−0.097%	$630K	—	120x	as long as short
dYdX UNI-USD	+0.0389%	1h	8.8654	−0.029%	$233K	$30K	10x	as long as short
Aftermath Perps UNIUSD	+0.0506%	1h	8.8701	+0.024%	$947	$53K	10x	as long as short