Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against SunX−0.103%7-day average −0.089% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as in the Funding arb table

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

costs, in and out, $10k−$570.568% of the position

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 4 days (all we have)−0.203%−$20 · spread now −0.103%, 7d avg −0.089%

Together, before fees−0.280%−$28 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX UNI-USDT	8.9202	0.0100	pay 0.0100% / 8h	7h 53m	$36K	$1.3M	30x
Short	Bitget UNIUSDT	8.9110	0.0100	get 0.0100% / 8h	7h 53m	$33.0M	$46.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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 SunXbpFee BitgetbpOrdersPrice spread, now −0.103%Rate

Funding earned: $0
Price spread: −0.103% → −0.089%: −$1.4
Slippage, 4 orders: −$36.82
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$58.21
Costs to cover: 0.568%
Break-even: never at this rate

Slippage from SunX: live order book, 11 min ago; Bitget: live order book, 1 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 SunX live order book, 11 min ago	13.84 bp	17.8 bp −$18	34.5 bp −$345	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	0.56 bp	11.4 bp −$11	16.0 bp −$160	29.3 bp −$2,926	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
Kraken Futures PF_UNIUSD	−0.0062%	1h	8.9170	−0.036%	$4.7M	$8.6M	50x	as long as short
Phemex UNIUSDT	−0.0016%	8h	8.9110	−0.103%	$26.9M	$4.4M	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	8.9166	−0.040%	$77K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.011%	$660	$153K	12x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0069%	1h	8.9154	−0.054%	$591K	$273K	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9067	−0.151%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9117	−0.095%	$727K	$4.7M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9237	+0.039%	$95.2M	$67.6M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9179	−0.025%	$723K	$3.2M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9130	−0.081%	$288K	$567K	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	8.9125	−0.087%	$216.9M	$653.1M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9090	−0.126%	$98.9M	$110.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9140	−0.070%	$54.4M	$262.6M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9230	+0.031%	$323K	$701K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9110	−0.103%	$26.6M	$62.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9120	−0.092%	$47.9M	$25.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9150	−0.058%	$13.0M	$13.3M	75x	as long as short
Bitget UNIUSDTshort	+0.0100%	8h	8.9110	−0.103%	$33.0M	$46.1M	75x
BingX UNI-USDT	+0.0100%	8h	8.9110	−0.103%	—	$58.0M	—	as long as short
Variational Omni UNI	+0.0100%	8h	8.9200	−0.002%	$4.1M	$4.0M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9100	−0.115%	$168K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9321	+0.133%	$631K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9170	−0.036%	$90K	$710K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9230	+0.031%	$14K	$3.5M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9220	+0.020%	$104K	$616K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9100	−0.114%	$17K	$2.3M	10x	as long as short
SunX UNI-USDTlong	+0.0100%	8h	8.9202	long leg	$36K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	8.9096	−0.119%	$32K	$894K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9217	+0.017%	$707K	$4.7M	75x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9123	−0.089%	$301K	$1.8M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9121	−0.091%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0111%	1h	8.9137	−0.073%	$235K	$30K	10x	as long as short
01 Exchange UNIUSD	+0.0112%	1h	8.9176	−0.029%	$445	$5	10x	as long as short
Lighter UNI	+0.0136%	1h	8.9248	+0.052%	$4.5M	$5.4M	15x	as long as short
Coinbase International UNI-PERP-INTX	+0.0208%	1h	8.9260	+0.065%	$929K	$5.5M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9180	−0.025%	$10.2M	$3.6M	75x	as long as short
Backpack UNI_USDC_PERP	+0.0249%	1h	8.9205	+0.003%	$1.1M	$2.5M	10x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9119	−0.093%	$634K	—	120x	as long as short
Reya UNIRUSDPERP	+0.0382%	1h	8.9108	−0.106%	$16K	—	20x	as long as short
Aftermath Perps UNIUSD	+0.0388%	1h	8.9217	+0.017%	$1K	$52K	10x	as long as short