Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%

Price spread now: Pacifica against MEXC−0.271%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$310.307% of the position

Long on MEXC Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 7 days+0.251%+$25 · spread now −0.271%, 7d avg +0.003%

Together, before fees+0.312%+ Points / potential airdropPacifica: Active · farm board+$31 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: Pacifica is 0.274% cheaper against MEXC than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC UNI_USDT	8.9870	0.0100	pay 0.0100% / 8h	6h 44m	$49.8M	$25.0M	200x
Short	Pacifica UNI	8.9627	0.0100	get 0.0013% / 1h	44m 17s	$294K	$582K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.271%Rate

Funding earned: $0
Price spread: −0.271% → +0.003%: −$27.42
Slippage, 4 orders: −$18.72
Fee MEXC: 2 bp × 2 orders: −$4
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$58.14
Costs to cover: 0.307%
Break-even: never at this rate

Slippage from MEXC: live order book, 10 min ago; Pacifica: live order book, 24 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, 10 min ago	1.67 bp	4.6 bp −$5	6.5 bp −$65	20.0 bp −$1,999	38.8 bp −$19.4K
Sell Pacifica live order book, 24 min ago	1.10 bp	10.9 bp −$11	doesn't fit	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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0045	+0.195%	$37K	—	150x	as long as short
dYdX UNI-USD	+0.0027%	1h	8.9636	−0.261%	$236K	$30K	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.747%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	8.9787	−0.092%	$448	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9905	+0.039%	$933K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9984	+0.127%	$98.0M	$59.8M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9778	−0.102%	$1.0M	$2.9M	50x	as long as short
Pacifica UNIshort	+0.0100%	1h	8.9627	−0.271%	$294K	$582K	10x
Binance UNIUSDT	+0.0100%	8h	9.0079	+0.233%	$224.4M	$610.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0140	+0.300%	$101.0M	$107.8M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0170	+0.334%	$55.5M	$254.2M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9830	−0.045%	$274K	$616K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9940	+0.078%	$22.9M	$58.0M	75x	as long as short
MEXC UNI_USDTlong	+0.0100%	8h	8.9870	long leg	$49.8M	$25.0M	200x
KuCoin UNIUSDTM	+0.0100%	8h	8.9940	+0.078%	$13.4M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0170	+0.334%	$33.0M	$42.8M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0100	+0.256%	—	$57.2M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9498	−0.414%	$981K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9621	−0.277%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9787	−0.092%	$169K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9996	+0.141%	$635K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9780	−0.100%	$88K	$706K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9590	−0.312%	$55K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9883	+0.014%	$85K	$409K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0190	+0.356%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0242	+0.414%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0170	+0.334%	$22K	$715K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9680	−0.211%	$713K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9560	−0.345%	$27.0M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9664	−0.229%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0152	+0.314%	$299K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0195	+0.362%	$32K	—	3x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9940	+0.078%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	8.9580	−0.323%	$1.1M	$4.6M	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	8.9873	+0.003%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0245%	1h	8.9941	+0.079%	$641K	—	120x	as long as short
Lighter UNI	+0.0416%	1h	8.9713	−0.175%	$4.6M	$5.3M	15x	as long as short
Kraken Futures PF_UNIUSD	+0.0425%	1h	9.0212	+0.380%	$5.0M	$6.9M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0582%	1h	9.0250	+0.423%	$583K	$187K	50x	as long as short
Aftermath Perps UNIUSD	+0.1006%	1h	8.9909	+0.043%	$938	$49K	10x	as long as short