Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%

Price spread now: Pacifica against MEXC−0.033%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$320.322% of the position

Long on MEXC Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 7 days+0.036%+$4 · spread now −0.033%, 7d avg +0.004%

Together, before fees+0.097%+ Points / potential airdropPacifica: Active · farm board+$10 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: Pacifica is 0.037% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC UNI_USDT	9.1030	0.0100	pay 0.0100% / 8h	4h 21m	$48.0M	$25.4M	200x
Short	Pacifica UNI	9.1000	0.0100	get 0.0013% / 1h	21m 42s	$295K	$599K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against MEXC. 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 MEXCbpFee PacificabpOrdersPrice spread, now −0.033%Rate

Funding earned: $0
Price spread: −0.033% → +0.004%: −$3.67
Slippage, 4 orders: −$20.16
Fee MEXC: 2 bp × 2 orders: −$4
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$35.83
Costs to cover: 0.322%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Pacifica: live order book, 37 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 MEXC live order book, 2 min ago	1.65 bp	7.7 bp −$8	9.5 bp −$95	32.7 bp −$3,274	180.4 bp −$90.2K
Sell Pacifica live order book, 37 min ago	1.10 bp	9.4 bp −$9	doesn't fit	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 −0.0005%	1h	9.0977	−0.058%	$41K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.999%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	9.1065	+0.038%	$454	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1005	−0.027%	$894K	$4.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0960	−0.077%	$831K	$3.5M	50x	as long as short
Pacifica UNIshort	+0.0100%	1h	9.1000	−0.033%	$295K	$599K	10x
Binance UNIUSDT	+0.0100%	8h	9.1040	+0.011%	$223.9M	$636.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1020	−0.011%	$102.4M	$110.9M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0990	−0.044%	$55.3M	$261.8M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1150	+0.132%	$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	−0.154%	$23.6M	$63.7M	75x	as long as short
MEXC UNI_USDTlong	+0.0100%	8h	9.1030	long leg	$48.0M	$25.4M	200x
KuCoin UNIUSDTM	+0.0100%	8h	9.1040	+0.011%	$13.6M	$13.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0840	−0.209%	$33.5M	$44.8M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0880	−0.165%	—	$56.6M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0956	−0.081%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0398	−0.694%	$4.3M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0620	−0.450%	$171K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0350	−0.747%	$640K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0730	−0.330%	$93K	$700K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0630	−0.439%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1040	+0.011%	$88K	$427K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0960	−0.077%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1105	+0.082%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0910	−0.132%	$22K	$790K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1120	+0.099%	$728K	$4.6M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0890	−0.154%	$27.5M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0996	−0.037%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0806	−0.246%	$293K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0975	−0.061%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0132%	1h	9.1030	0.000%	$240K	$30K	10x	as long as short
Lighter UNI	+0.0184%	1h	9.1130	+0.110%	$4.6M	$5.8M	15x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0208%	1h	9.1014	−0.017%	$583K	$193K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0770	−0.286%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.0990	−0.044%	$1.1M	$5.7M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.0983	−0.051%	$5.0M	$7.9M	50x	as long as short
Hyperliquid UNI	+0.0355%	1h	9.0942	−0.097%	$98.5M	$62.4M	10x	as long as short
Reya UNIRUSDPERP	+0.0373%	1h	9.0956	−0.081%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0970	−0.066%	$648K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0989%	1h	9.0679	−0.385%	$914	$46K	10x	as long as short