Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.033%

Price spread now: BloFin against StandX−0.033%7-day average −0.026% · 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−$60as in the Price arb table

costs, in and out, $10k−$590.593% of the position

Long on StandX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.180%+$18 on $10k

Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.033%, 7d avg −0.026%

Together, before fees+0.331%+ Points / potential airdropStandX: Active · farm board+$33 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX UNI-USD	9.0300	0.0100	pay 0.0013% / 1h	46m 07s	$15K	$3.4M	20x
Short	BloFin UNI-USDT	9.0270	0.0220	get 0.0220% / 8h	3h 46m	$10.3M	$3.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against StandX. 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 StandXbpFee BloFinbpOrdersPrice spread, now −0.033%Rate

Funding earned: $25.2
Price spread: −0.033% → −0.026%: −$0.76
Slippage, 4 orders: −$39.31
Fee StandX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$34.86
Costs to cover: 0.593%
Break-even: 16.7 days

Slippage from StandX: live order book, 3 min ago; BloFin: live order book, 3 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 StandX live order book, 3 min ago	6.08 bp	22.7 bp −$23	52.1 bp −$521	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	2.21 bp	10.8 bp −$11	17.6 bp −$176	45.4 bp −$4,538	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	9.0306	+0.007%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.215%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0072%	1h	9.0252	−0.053%	$450	$5	10x	as long as short
Lighter UNI	+0.0096%	1h	9.0414	+0.126%	$4.6M	$5.8M	15x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0215	−0.094%	$971K	$4.4M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0343	+0.048%	$97.6M	$62.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0341	+0.046%	$813K	$3.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0322	+0.025%	$293K	$605K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0145	−0.172%	$221.6M	$641.2M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0100	−0.221%	$101.3M	$111.4M	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	9.0120	−0.199%	$54.9M	$260.8M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0340	+0.044%	$315K	$653K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0280	−0.022%	$23.8M	$63.4M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0290	−0.011%	$47.4M	$25.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0280	−0.022%	$13.5M	$13.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0100	−0.221%	$33.2M	$45.2M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0200	−0.111%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0334	+0.038%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0239	−0.067%	$4.2M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0228	−0.080%	$170K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0227	−0.081%	$639K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0260	−0.044%	$95K	$702K	50x	as long as short
StandX UNI-USDlong	+0.0100%	1h	9.0300	long leg	$15K	$3.4M	20x
Polymarket Perps UNI-USD	+0.0100%	1h	9.0260	−0.044%	$86K	$432K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0300	0.000%	$16K	$1.4M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0322	+0.024%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0290	−0.011%	$22K	$801K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0401	+0.112%	$722K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0310	+0.011%	$27.3M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0235	−0.072%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0270	−0.034%	$291K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0326	+0.029%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0177%	1h	9.0361	+0.068%	$579K	$207K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0216%	1h	9.0330	+0.033%	$945K	$5.8M	50x	as long as short
BloFin UNI-USDTshort	+0.0220%	8h	9.0270	−0.033%	$10.3M	$3.6M	75x
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.0319	+0.021%	$5.0M	$8.0M	50x	as long as short
Reya UNIRUSDPERP	+0.0374%	1h	9.0222	−0.086%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0290	−0.011%	$643K	—	120x	as long as short
dYdX UNI-USD	+0.0393%	1h	9.0312	+0.013%	$238K	$30K	10x	as long as short
Aftermath Perps UNIUSD	+0.0878%	1h	9.0371	+0.079%	$1K	$45K	10x	as long as short