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 +0.003%

Price spread now: BingX against MEXC−0.011%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$310.308% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.041%−$4 on $10k

Price spread, last 7 days+0.006%+$1 · spread now −0.011%, 7d avg −0.025%

Together, before fees−0.035%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC UNI_USDT	8.9360	0.0100	pay 0.0100% / 8h	3h 20m	$47.4M	$26.1M	200x
Short	BingX UNI-USDC	8.9350	0.0100	get 0.0100% / 8h	3h 20m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now −0.011%Rate

Funding earned: $0
Price spread: −0.011% → −0.025%: $1.41
Slippage, 4 orders: −$16.81
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: −$29.41
Costs to cover: 0.308%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 15 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 MEXC live order book, 3 min ago	0.56 bp	2.7 bp −$3	6.0 bp −$60	28.1 bp −$2,809	174.3 bp −$87.2K
Sell BingX live order book, 15 min ago	1.12 bp	11.7 bp −$12	25.8 bp −$258	79.4 bp −$7,937	726.9 bp −$363.5K

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
01 Exchange UNIUSD	0.0000%	1h	8.9362	+0.002%	$446	$5	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9377	+0.019%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.186%	$660	$154K	12x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0058%	1h	8.9280	−0.089%	$572K	$208K	50x	as long as short
Lighter UNI	+0.0096%	1h	8.9319	−0.046%	$4.5M	$5.9M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9339	−0.023%	$26K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9305	−0.062%	$940K	$4.5M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9457	+0.109%	$95.1M	$64.6M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9378	+0.020%	$781K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9278	−0.092%	$290K	$608K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.9352	−0.009%	$219.4M	$648.1M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9330	−0.034%	$100.2M	$111.6M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9340	−0.022%	$54.2M	$261.5M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9430	+0.078%	$320K	$664K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9360	0.000%	$23.8M	$64.6M	75x	as long as short
MEXC UNI_USDTlong	+0.0100%	8h	8.9360	long leg	$47.4M	$26.1M	200x
KuCoin UNIUSDTM	+0.0100%	8h	8.9370	+0.011%	$13.2M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9340	−0.022%	$32.9M	$45.8M	75x	as long as short
BingX UNI-USDCshort	+0.0100%	8h	8.9350	−0.011%	—	$6.5M	—
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9236	−0.139%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9179	−0.202%	$4.2M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9270	−0.101%	$169K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9410	+0.056%	$621K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9340	−0.022%	$91K	$701K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9330	−0.034%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9365	+0.006%	$87K	$438K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9230	−0.145%	$16K	$1.4M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9289	−0.079%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9205	−0.173%	$31K	$811K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9358	−0.002%	$700K	$4.9M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9180	−0.201%	$27.0M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9316	−0.049%	$289K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9207	−0.172%	$32K	—	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0216%	1h	8.9290	−0.078%	$929K	$5.8M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9170	−0.213%	$10.2M	$3.6M	75x	as long as short
dYdX UNI-USD	+0.0263%	1h	8.9242	−0.132%	$235K	$30K	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0273%	1h	8.9226	−0.150%	$4.9M	$8.2M	50x	as long as short
Reya UNIRUSDPERP	+0.0375%	1h	8.9330	−0.034%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.9375	+0.017%	$636K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0766%	1h	8.9428	+0.077%	$960	$45K	10x	as long as short