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 0.000%

Price spread now: SunX against SoDEX+0.081%7-day average +0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$570.567% of the position

Long on SoDEX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.081%, 7d avg +0.064%

Together, before fees+0.024%+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX UNI-USD	8.9034	0.0100	pay 0.0013% / 1h	15m 13s	$31K	$811K	10x
Short	SunX UNI-USDT	8.9106	0.0100	get 0.0100% / 8h	3h 15m	$36K	$1.4M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against SoDEX. 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 SoDEXbpFee SunXbpOrdersPrice spread, now +0.081%Rate

Funding earned: $0
Price spread: +0.081% → +0.064%: $1.72
Slippage, 4 orders: −$40.69
Fee SoDEX: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$54.98
Costs to cover: 0.567%
Break-even: never at this rate

Slippage from SoDEX: live order book, 39 min ago; SunX: live order book, 9 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 SoDEX live order book, 39 min ago	0.55 bp	10.8 bp −$11	27.8 bp −$278	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	13.83 bp	17.8 bp −$18	35.8 bp −$358	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
01 Exchange UNIUSD	0.0000%	1h	8.9273	+0.268%	$445	$5	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9066	+0.036%	$571K	$208K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9107	+0.082%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.824%	$660	$154K	12x	as long as short
Lighter UNI	+0.0096%	1h	8.9186	+0.171%	$4.5M	$5.9M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9224	+0.213%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9135	+0.113%	$933K	$4.5M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9233	+0.224%	$94.7M	$64.8M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9078	+0.050%	$778K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9240	+0.231%	$288K	$612K	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	8.9070	+0.040%	$218.2M	$649.1M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9070	+0.040%	$99.8M	$111.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9080	+0.052%	$54.1M	$260.9M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9360	+0.366%	$320K	$664K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9070	+0.040%	$23.6M	$64.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9120	+0.097%	$47.5M	$26.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9130	+0.108%	$13.1M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8990	−0.049%	$32.8M	$45.8M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9070	+0.040%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9198	+0.184%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9159	+0.141%	$4.2M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9341	+0.345%	$169K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9265	+0.260%	$620K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9420	+0.434%	$91K	$701K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9230	+0.220%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9277	+0.273%	$87K	$438K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9050	+0.018%	$16K	$1.5M	10x	as long as short
SunX UNI-USDTshort	+0.0100%	8h	8.9106	+0.081%	$36K	$1.4M	30x
SoDEX UNI-USDlong	+0.0100%	1h	8.9034	long leg	$31K	$811K	10x
HTX UNI-USDT	+0.0100%	8h	8.9273	+0.268%	$693K	$4.9M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9100	+0.074%	$27.0M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8995	−0.043%	$289K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9037	+0.003%	$32K	—	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0216%	1h	8.9050	+0.018%	$922K	$5.8M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9040	+0.007%	$10.2M	$3.6M	75x	as long as short
dYdX UNI-USD	+0.0242%	1h	8.9224	+0.213%	$235K	$30K	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0273%	1h	8.9083	+0.055%	$4.9M	$8.2M	50x	as long as short
Reya UNIRUSDPERP	+0.0375%	1h	8.9107	+0.082%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.9115	+0.091%	$636K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0748%	1h	8.9333	+0.336%	$860	$45K	10x	as long as short