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: Arcus against HTX−0.230%7-day average −0.050% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$500.500% of the position

Long on HTX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.230%, 7d avg −0.050%

Together, before fees+0.007%+$1 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: Arcus is 0.180% cheaper against HTX than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX UNI-USDT	9.0558	0.0100	pay 0.0100% / 8h	3h 52m	$724K	$4.7M	75x
Short	Arcus UNI-USD	9.0350	0.0100	get 0.0013% / 1h	52m 42s	$315K	$653K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against HTX. 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 HTXbpFee ArcusbpOrdersPrice spread, now −0.230%Rate

Funding earned: $0
Price spread: −0.230% → −0.050%: −$17.98
Slippage, 4 orders: −$33.46
Fee HTX: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$67.95
Costs to cover: 0.500%
Break-even: never at this rate

Slippage from HTX: live order book, 6 min ago; Arcus: live order book, 66 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 HTX live order book, 6 min ago	5.67 bp	16.2 bp −$16	78.4 bp −$784	doesn't fit	doesn't fit
Sell Arcus live order book, 66 min ago	5.48 bp	8.0 bp −$8	11.3 bp −$113	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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0476	−0.090%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.493%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0072%	1h	9.0271	−0.317%	$450	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0415	−0.158%	$968K	$4.4M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0419	−0.153%	$97.8M	$62.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0401	−0.173%	$813K	$3.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0305	−0.279%	$292K	$602K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0292	−0.294%	$221.9M	$640.5M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0250	−0.340%	$101.5M	$111.6M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0220	−0.373%	$54.9M	$260.9M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USDshort	+0.0100%	1h	9.0350	−0.230%	$315K	$653K	10x
Gate UNI_USDT	+0.0100%	8h	9.0280	−0.307%	$23.7M	$63.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0290	−0.296%	$47.6M	$25.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0310	−0.274%	$13.5M	$13.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0200	−0.395%	$33.2M	$45.2M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0230	−0.362%	—	$56.6M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0487	−0.078%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0369	−0.209%	$4.2M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0450	−0.119%	$170K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0442	−0.129%	$640K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0480	−0.086%	$95K	$701K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0490	−0.075%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0502	−0.062%	$86K	$431K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0440	−0.130%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0506	−0.057%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0460	−0.108%	$22K	$793K	10x	as long as short
HTX UNI-USDTlong	+0.0100%	8h	9.0558	long leg	$724K	$4.7M	75x
Phemex UNIUSDT	+0.0100%	8h	9.0450	−0.119%	$27.4M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0230	−0.363%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0185	−0.412%	$292K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0455	−0.114%	$32K	—	3x	as long as short
Lighter UNI	+0.0112%	1h	9.0419	−0.153%	$4.6M	$5.8M	15x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0202%	1h	9.0502	−0.062%	$580K	$207K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0216%	1h	9.0490	−0.075%	$947K	$5.8M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0420	−0.152%	$10.2M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.0517	−0.045%	$5.0M	$8.0M	50x	as long as short
dYdX UNI-USD	+0.0363%	1h	9.0324	−0.258%	$238K	$30K	10x	as long as short
Reya UNIRUSDPERP	+0.0374%	1h	9.0467	−0.100%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0458	−0.111%	$644K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0881%	1h	9.0596	+0.042%	$990	$46K	10x	as long as short