Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: MEXC against SunX−0.107%7-day average −0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$430.430% of the position

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 4 days (all we have)−0.449%−$45 · spread now −0.107%, 7d avg −0.051%

Together, before fees−0.515%−$51 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: MEXC is 0.056% cheaper against SunX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX UNI-USDT	9.0987	0.0100	pay 0.0100% / 8h	4h 15m	$37K	$1.3M	30x
Short	MEXC UNI_USDT	9.0890	0.0100	get 0.0100% / 8h	4h 15m	$47.9M	$25.4M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.107%Rate

Funding earned: $0
Price spread: −0.107% → −0.051%: −$5.6
Slippage, 4 orders: −$31
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$48.6
Costs to cover: 0.430%
Break-even: never at this rate

Slippage from SunX: live order book, 9 min ago; MEXC: 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 SunX live order book, 9 min ago	12.77 bp	16.9 bp −$17	34.5 bp −$345	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.55 bp	4.7 bp −$5	11.4 bp −$114	32.8 bp −$3,276	171.4 bp −$85.7K

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	9.0866	−0.133%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.953%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	9.0947	−0.044%	$454	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0895	−0.101%	$970K	$4.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0899	−0.097%	$824K	$3.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0855	−0.145%	$294K	$599K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0887	−0.109%	$223.3M	$637.9M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0780	−0.228%	$101.9M	$111.1M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0790	−0.217%	$55.3M	$261.9M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1010	+0.025%	$315K	$651K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.0890	−0.107%	$23.7M	$63.9M	75x	as long as short
MEXC UNI_USDTshort	+0.0100%	8h	9.0890	−0.107%	$47.9M	$25.4M	200x
KuCoin UNIUSDTM	+0.0100%	8h	9.0880	−0.118%	$13.6M	$13.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0840	−0.162%	$33.5M	$44.8M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0870	−0.129%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0940	−0.052%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0759	−0.250%	$4.3M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1010	+0.025%	$172K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1058	+0.078%	$645K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1050	+0.069%	$96K	$701K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0880	−0.118%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0899	−0.097%	$86K	$429K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0880	−0.118%	$16K	$1.5M	10x	as long as short
SunX UNI-USDTlong	+0.0100%	8h	9.0987	long leg	$37K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	9.0870	−0.129%	$22K	$791K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0908	−0.087%	$731K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0910	−0.085%	$27.5M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0886	−0.111%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0850	−0.150%	$293K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0895	−0.101%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0152%	1h	9.0823	−0.181%	$239K	$30K	10x	as long as short
Lighter UNI	+0.0216%	1h	9.1027	+0.044%	$4.6M	$5.8M	15x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0820	−0.184%	$10.2M	$3.6M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0223%	1h	9.0939	−0.053%	$583K	$193K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.0830	−0.173%	$1.0M	$5.8M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.0919	−0.074%	$5.0M	$8.0M	50x	as long as short
Hyperliquid UNI	+0.0354%	1h	9.0997	+0.011%	$98.6M	$62.5M	10x	as long as short
Reya UNIRUSDPERP	+0.0373%	1h	9.0792	−0.214%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0875	−0.123%	$647K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0947%	1h	9.0929	−0.064%	$936	$46K	10x	as long as short