Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.029%

Price spread now: SunX against gTrade (Gains Network)+0.145%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.145% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) UNI/USD	9.0213	L +0.0004% / S −0.0005%	pay 0.0001% / 1h	48m 46s	$68K	—	150x
Short	SunX UNI-USDT	9.0344	0.0100	get 0.0100% / 8h	7h 48m	$37K	$1.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee SunXbpOrdersPrice spread, now +0.145%Rate

Funding earned: $20.14
Price spread: +0.145% → 0.000%: $14.54
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: $16.68
Costs to cover: 0.180%
Break-even: 1.2 days

Slippage unknown: gTrade (Gains Network): no order-book sample; SunX: live order book, 5 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell SunX live order book, 5 min ago	13.85 bp	19.4 bp −$19	doesn't fit	doesn't fit	doesn't fit

gTrade (Gains Network): 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
Phemex UNIUSDT	−0.0126%	8h	9.0240	+0.030%	$27.2M	$4.5M	50x	as long as short
ApeX Omni UNIUSDT	−0.0044%	1h	8.9840	−0.413%	$88K	$708K	50x	as long as short
gTrade (Gains Network) UNI/USDlong	L +0.0004% / S −0.0005%	1h	9.0213	long leg	$68K	—	150x
01 Exchange UNIUSD	+0.0032%	1h	9.0370	+0.174%	$451	—	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.120%	$660	$154K	12x	as long as short
OKX UNI-USDT-SWAP	+0.0092%	8h	9.0560	+0.385%	$55.4M	$250.6M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0190	−0.025%	$955K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0515	+0.335%	$1.0M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0612	+0.443%	$303K	$592K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0567	+0.393%	$224.2M	$592.2M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit UNIUSDT	+0.0100%	8h	9.0570	+0.396%	$101.9M	$106.6M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0650	+0.485%	$268K	$618K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0400	+0.208%	$22.9M	$57.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0550	+0.374%	$44.3M	$23.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0700	+0.540%	$13.7M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0600	+0.429%	$33.2M	$42.2M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0590	+0.418%	—	$52.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0339	+0.140%	$1.1M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9871	−0.379%	$4.1M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9772	−0.488%	$169K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0021	−0.212%	$633K	$2.5M	10x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0210	−0.003%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0300	+0.097%	$85K	$377K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0290	+0.086%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTshort	+0.0100%	8h	9.0344	+0.145%	$37K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	9.0266	+0.059%	$21K	$680K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0400	+0.208%	$726K	$4.4M	75x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0558	+0.382%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0551	+0.375%	$304K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0297	+0.093%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0216%	1h	9.0536	+0.358%	$250K	$7K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0216%	1h	9.0326	+0.125%	$582K	$178K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0160	−0.059%	$10.1M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.0270	+0.063%	$1.1M	$5.4M	50x	as long as short
Hyperliquid UNI	+0.0283%	1h	9.0817	+0.670%	$99.5M	$59.7M	10x	as long as short
Reya UNIRUSDPERP	+0.0365%	1h	9.0143	−0.077%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	9.0163	−0.055%	$571K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0389%	1h	9.0306	+0.103%	$5.0M	$7.0M	50x	as long as short
Lighter UNI	+0.0648%	1h	9.0835	+0.690%	$4.6M	$5.2M	15x	as long as short
Aftermath Perps UNIUSD	+0.0824%	1h	9.0058	−0.171%	$1K	$49K	10x	as long as short