Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%

Price spread now: Binance against Pacifica−0.128%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$350.353% of the position

Long on Pacifica Short on Binance

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+0.141%+$14 · spread now −0.128%, 7d avg 0.000%

Together, before fees+0.079%+ Points / potential airdropPacifica: Active · farm board+$8 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: Binance is 0.128% cheaper against Pacifica than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica UNI	9.0622	0.0100	pay 0.0013% / 1h	54m 29s	$293K	$602K	10x
Short	Binance UNIUSDT	9.0506	0.0100	get 0.0100% / 8h	3h 54m	$222.4M	$640.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Pacifica. 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 PacificabpFee BinancebpOrdersPrice spread, now −0.128%Rate

Funding earned: $0
Price spread: −0.128% → 0.000%: −$12.8
Slippage, 4 orders: −$17.3
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$48.1
Costs to cover: 0.353%
Break-even: never at this rate

Slippage from Pacifica: live order book, 64 min ago; Binance: live order book, 4 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 Pacifica live order book, 64 min ago	1.10 bp	11.4 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	0.55 bp	7.6 bp −$8	13.5 bp −$135	39.3 bp −$3,934	142.7 bp −$71.3K

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	9.0597	−0.027%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.562%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0072%	1h	9.0521	−0.111%	$452	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0425	−0.217%	$968K	$4.4M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0533	−0.099%	$97.9M	$62.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0681	+0.065%	$816K	$3.5M	50x	as long as short
Pacifica UNIlong	+0.0100%	1h	9.0622	long leg	$293K	$602K	10x
Binance UNIUSDTshort	+0.0100%	8h	9.0506	−0.128%	$222.4M	$640.7M	75x
Bybit UNIUSDT	+0.0100%	8h	9.0430	−0.212%	$101.7M	$111.5M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0410	−0.234%	$55.1M	$261.6M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.0650	+0.031%	$316K	$653K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0570	−0.057%	$23.7M	$63.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0480	−0.157%	$47.7M	$25.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0490	−0.146%	$13.5M	$13.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0420	−0.223%	$33.3M	$45.1M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0560	−0.068%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0740	+0.130%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0369	−0.279%	$4.2M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0508	−0.126%	$171K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0442	−0.199%	$640K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0510	−0.123%	$95K	$702K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0490	−0.146%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0483	−0.153%	$86K	$430K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0600	−0.024%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0645	+0.026%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0655	+0.037%	$22K	$793K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0760	+0.152%	$725K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0690	+0.075%	$27.4M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0544	−0.086%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0509	−0.124%	$292K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0611	−0.012%	$32K	—	3x	as long as short
Lighter UNI	+0.0112%	1h	9.0704	+0.091%	$4.6M	$5.8M	15x	as long as short
Coinbase International UNI-PERP-INTX	+0.0216%	1h	9.0610	−0.013%	$949K	$5.9M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0700	+0.086%	$10.3M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	9.0726	+0.115%	$5.0M	$8.0M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0309%	1h	9.0668	+0.051%	$581K	$208K	50x	as long as short
dYdX UNI-USD	+0.0346%	1h	9.0600	−0.024%	$239K	$30K	10x	as long as short
Reya UNIRUSDPERP	+0.0373%	1h	9.0407	−0.237%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0577	−0.050%	$644K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0886%	1h	9.0627	+0.006%	$990	$46K	10x	as long as short