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

UNI

all UNI markets
SwapBacktest
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 +0.026%
Price spread now: SunX against Bybit+0.020%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$520.518% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.097%+$10 on $10k
Price spread, last 4 days (all we have)+0.279%+$28 · spread now +0.020%, 7d avg +0.118%
Together, before fees+0.376%+$38 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: SunX is 0.097% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.118%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit UNIUSDT8.88900.0100pay 0.0100% / 8h13m 01s$98.5M$110.5M75x
ShortSunX UNI-USDT8.89080.0100get 0.0100% / 8h13m 01s$36K$1.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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: +0.020% → +0.118%
−$9.74
Slippage, 4 orders
−$32.82
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$61.55
Costs to cover
0.518%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; SunX: live order book, 11 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 Bybit live order book, 1 min ago0.56 bp8.4 bp −$817.7 bp −$17742.9 bp −$4,290doesn't fit
Sell SunX live order book, 11 min ago6.24 bp11.2 bp −$1128.2 bp −$282doesn'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
Kraken Futures PF_UNIUSD−0.0306%1h8.8886−0.004%$4.7M$8.6M50xas long as short
01 Exchange UNIUSD0.0000%1h8.8887−0.003%$444$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.8872−0.020%$76K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.664%$660$153K12xas long as short
Nado UNI-PERP+0.0041%1h8.8780−0.124%$727K$4.7M10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0059%1h8.8935+0.051%$589K$270K50xas long as short
Polymarket Perps UNI-USD+0.0089%1h8.8841−0.055%$104K$616K10xas long as short
Lighter UNI+0.0096%1h8.8985+0.107%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8739−0.170%$25K20xas long as short
Hyperliquid UNI+0.0100%1h8.8986+0.108%$94.8M$67.7M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster UNIUSDT+0.0100%8h8.8935+0.050%$723K$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.8811−0.089%$287K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.8940+0.056%$216.3M$652.6M75xas long as short
Bybit UNIUSDTlong+0.0100%8h8.8890long leg$98.5M$110.5M75x
OKX UNI-USDT-SWAP+0.0100%8h8.8900+0.011%$54.4M$262.0M50xas long as short
Arcus UNI-USD+0.0100%1h8.8930+0.045%$317K$690K10xas long as short
Gate UNI_USDT+0.0100%8h8.8850−0.045%$26.2M$66.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8850−0.045%$48.1M$26.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8870−0.022%$12.9M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8950+0.067%$32.5M$45.3M75xas long as short
BingX UNI-USDT+0.0100%8h8.8840−0.056%$57.8Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8950+0.067%$1.1M$2.5M10xas long as short
Variational Omni UNI+0.0100%8h8.8681−0.235%$4.1M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h8.8783−0.121%$168K$348K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8888−0.003%$617K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8820−0.079%$89K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.8800−0.101%$14K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.88900.000%$16K$2.2M10xas long as short
SunX UNI-USDTshort+0.0100%8h8.8908+0.020%$36K$1.3M30x
SoDEX UNI-USD+0.0100%1h8.8849−0.046%$32K$886K10xas long as short
HTX UNI-USDT+0.0100%8h8.8869−0.024%$701K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.88900.000%$26.8M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8828−0.069%$291K$1.8M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8870−0.022%$32K3xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8870−0.022%$925K$5.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8860−0.034%$10.0M$3.6M75xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8868−0.024%$632K120xas long as short
Reya UNIRUSDPERP+0.0381%1h8.8817−0.082%$16K20xas long as short
Aftermath Perps UNIUSD+0.0383%1h8.8755−0.151%$1K$52K10xas long as short
dYdX UNI-USD+0.0568%1h8.8792−0.110%$234K$30K10xas long as short