Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0096%/8hpaid last 24h +0.029%

Price spread now: SunX against gTrade (Gains Network)−0.029%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)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

Funding pays, the price is against you. SunX is 0.029% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) UNI/USD	8.7356	L +0.0004% / S −0.0004%	pay 0.0001% / 1h	53m 21s	$60K	—	150x
Short	SunX UNI-USDT	8.7331	0.0100	get 0.0100% / 8h	4h 53m	$35K	$1.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee SunXbpOrdersPrice spread, now −0.029%Rate

Funding earned: $20.15
Price spread: −0.029% → 0.000%: −$2.92
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$0.77
Costs to cover: 0.180%
Break-even: 7.3 days

Slippage unknown: gTrade (Gains Network): no order-book sample; SunX: live order book, 7 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell SunX live order book, 7 min ago	13.89 bp	17.9 bp −$18	35.7 bp −$357	doesn't fit	doesn't fit

gTrade (Gains Network): 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 39 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
Bybit UNIUSDT	−0.0297%	8h	8.7250	−0.122%	$100.9M	$104.2M	75x	as long as short
Variational Omni UNI	−0.0218%	8h	8.7306	−0.057%	$3.8M	$5.1M	—	as long as short
OKX UNI-USDT-SWAP	−0.0026%	8h	8.7280	−0.088%	$54.3M	$246.1M	50x	as long as short
gTrade (Gains Network) UNI/USDlong	L +0.0004% / S −0.0004%	1h	8.7356	long leg	$60K	—	150x
01 Exchange UNIUSD	+0.0016%	1h	8.7356	−0.001%	$436	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0075%	1h	8.7372	+0.018%	$543K	$126K	50x	as long as short
MEXC UNI_USDT	+0.0094%	8h	8.7300	−0.065%	$42.0M	$24.3M	200x	as long as short
Binance UNIUSDT	+0.0095%	8h	8.7280	−0.088%	—	$592.5M	75x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.7276	−0.093%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.7317	−0.045%	$818K	$3.8M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster UNIUSDT	+0.0100%	8h	8.7369	+0.015%	—	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.7337	−0.023%	$294K	$566K	10x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.7350	−0.007%	$269K	$600K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.7290	−0.076%	$22.4M	$59.1M	75x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.7310	−0.053%	$13.4M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.7250	−0.122%	$31.7M	$40.7M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.7270	−0.099%	—	$51.4M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.7350	−0.007%	$951K	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.7379	+0.025%	$164K	$341K	20x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.7390	+0.038%	$83K	$723K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.7330	−0.030%	$85K	$3.0M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.7314	−0.049%	$87K	$325K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.7310	−0.053%	$15K	$1.7M	10x	as long as short
SunX UNI-USDTshort	+0.0100%	8h	8.7331	−0.029%	$35K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	8.7275	−0.093%	$28K	$648K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.7427	+0.081%	$699K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.7330	−0.030%	$26.2M	$4.1M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.7267	−0.103%	$306K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.7315	−0.048%	$31K	$1K	3x	as long as short
Hyperliquid UNI	+0.0110%	1h	8.7403	+0.053%	$94.5M	$60.5M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0168%	1h	8.7373	+0.019%	$4.8M	$7.9M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.7330	−0.030%	$1.0M	$5.4M	50x	as long as short
BloFin UNI-USDT	+0.0215%	8h	8.7300	−0.065%	$9.9M	$3.3M	75x	as long as short
Reya UNIRUSDPERP	+0.0355%	1h	8.7278	−0.090%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0327%	1h	8.7318	−0.044%	$539K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0484%	1h	8.7421	+0.074%	$1K	$52K	10x	as long as short
Lighter UNI	+0.0520%	1h	8.7497	+0.161%	$4.5M	$5.3M	15x	as long as short
dYdX UNI-USD	+0.0532%	1h	8.7360	+0.004%	$242K	$5K	10x	as long as short
Injective UNI/USDC PERP	+0.5000%	1h	9.2400	+5.773%	$35K	$79K	12x	as long as short