Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Arcus against Paradex+0.029%57s7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.029% dearer against Paradex than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex UNI-USD-PERP	8.9664	0.0100	pay 0.0100% / 8h	1h 47m	$26K	—	20x
Short	Arcus UNI-USD	8.9690	0.0100	get 0.0013% / 1h	47m 39s	$320K	$705K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Paradex. 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 ParadexbpFee ArcusbpOrdersPrice spread, now +0.029%Rate

Funding earned: $0.01
Price spread: +0.029% → 0.000%: $2.95
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$5.54
Costs to cover: 0.085%
Break-even: 2737.6 days

Slippage unknown: Paradex: no order-book sample; Arcus: live order book, 61 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 Paradex no order-book sample	—	—	—	—	—
Sell Arcus live order book, 61 min ago	5.60 bp	11.0 bp −$11	13.8 bp −$138	doesn't fit	doesn't fit

Paradex: 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 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
Polymarket Perps UNI-USD	−0.0111%	1h	8.9632	−0.035%	$120K	$582K	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.9669	+0.006%	$4.7M	$8.6M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9713	+0.055%	$591K	$249K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9678	+0.017%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.521%	$660	$153K	12x	as long as short
01 Exchange UNIUSD	+0.0072%	1h	8.9767	+0.115%	$448	$5	10x	as long as short
Lighter UNI	+0.0096%	1h	8.9809	+0.162%	$4.5M	$5.6M	15x	as long as short
Paradex UNI-USD-PERPlong	+0.0100%	8h	8.9664	long leg	$26K	—	20x
Nado UNI-PERP	+0.0100%	1h	8.9630	−0.037%	$775K	$4.7M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9750	+0.096%	$740K	$3.6M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.9709	+0.051%	$287K	$593K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9720	+0.063%	$217.0M	$660.5M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9710	+0.052%	$99.8M	$112.2M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9730	+0.074%	$54.7M	$267.4M	50x	as long as short
Arcus UNI-USDshort	+0.0100%	1h	8.9690	+0.029%	$320K	$705K	10x
Gate UNI_USDT	+0.0100%	8h	8.9740	+0.085%	$25.0M	$66.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9680	+0.018%	$49.4M	$26.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9730	+0.074%	$13.1M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9680	+0.018%	$33.0M	$45.5M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9680	+0.018%	—	$57.3M	—	as long as short
Variational Omni UNI	+0.0100%	8h	8.9650	−0.015%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9747	+0.093%	$170K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9765	+0.113%	$627K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9720	+0.063%	$90K	$710K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9760	+0.108%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9680	+0.018%	$16K	$1.8M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9716	+0.058%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9646	−0.020%	$32K	$887K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9724	+0.067%	$701K	$5.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9670	+0.007%	$27.1M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9690	+0.030%	$299K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9695	+0.035%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0126%	1h	8.9722	+0.065%	$236K	$31K	10x	as long as short
Backpack UNI_USDC_PERP	+0.0171%	1h	8.9688	+0.027%	$1.1M	$2.4M	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0192%	1h	8.9680	+0.018%	$937K	$5.6M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9820	+0.174%	$10.1M	$3.7M	75x	as long as short
Reya UNIRUSDPERP	+0.0378%	1h	8.9645	−0.021%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9685	+0.024%	$638K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0491%	1h	8.9833	+0.189%	$950	$54K	10x	as long as short
Hyperliquid UNI	+0.0530%	1h	8.9858	+0.217%	$96.8M	$66.6M	10x	as long as short