Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h +0.013%

Price spread now: 01 Exchange against MEXC+0.109%7-day average — · you sell dearer than you buy

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

Long on MEXC Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. 01 Exchange is 0.109% dearer against MEXC than usual: you sell high and buy low (spread +0.109% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC UNI_USDT	9.0160	0.0100	pay 0.0100% / 8h	2h 01m	$49.7M	$27.2M	200x
Short	01 Exchange UNIUSD	9.0258	0.0008	get 0.0001% / 1h	1m 11s	$450	$5	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.109%Rate

Funding earned: −$19.32
Price spread: +0.109% → 0.000%: $10.87
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$19.45
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 3 min ago; 01 Exchange: no order-book sample. 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 MEXC live order book, 3 min ago	0.55 bp	3.7 bp −$4	6.1 bp −$61	18.6 bp −$1,861	147.5 bp −$73.7K
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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
Kraken Futures PF_UNIUSD	−0.0017%	1h	9.0162	+0.002%	$4.8M	$8.6M	50x	as long as short
Nado UNI-PERP	−0.0005%	1h	9.0202	+0.047%	$777K	$4.7M	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	9.0215	+0.061%	$49K	—	150x	as long as short
01 Exchange UNIUSDshort	+0.0008%	1h	9.0258	+0.109%	$450	$5	10x
Deribit UNI_USDC-PERPETUAL	+0.0016%	1h	9.0207	+0.052%	$594K	$247K	50x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.063%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0076%	1h	9.0175	+0.017%	$125K	$583K	10x	as long as short
Lighter UNI	+0.0096%	1h	9.0276	+0.129%	$4.6M	$5.6M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0298	+0.153%	$26K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0191	+0.034%	$744K	$3.6M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	9.0332	+0.191%	$291K	$592K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0120	−0.045%	$218.6M	$659.4M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0110	−0.055%	$100.3M	$112.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0120	−0.044%	$54.8M	$268.6M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0400	+0.266%	$322K	$705K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0220	+0.067%	$24.8M	$67.0M	75x	as long as short
MEXC UNI_USDTlong	+0.0100%	8h	9.0160	long leg	$49.7M	$27.2M	200x
KuCoin UNIUSDTM	+0.0100%	8h	9.0190	+0.033%	$13.2M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0120	−0.044%	$33.1M	$45.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0160	0.000%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0185	+0.028%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0319	+0.177%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0251	+0.101%	$171K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0314	+0.171%	$626K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0360	+0.222%	$91K	$709K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0370	+0.233%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0180	+0.022%	$17K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0199	+0.043%	$37K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0120	−0.044%	$32K	$886K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0365	+0.227%	$705K	$5.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0160	0.000%	$27.2M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0110	−0.055%	$300K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0165	+0.006%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0140%	1h	9.0323	+0.181%	$238K	$31K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0184%	1h	9.0290	+0.144%	$941K	$5.7M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0100	−0.067%	$10.1M	$3.7M	75x	as long as short
Hyperliquid UNI	+0.0247%	1h	9.0345	+0.205%	$97.0M	$66.6M	10x	as long as short
Reya UNIRUSDPERP	+0.0377%	1h	9.0177	+0.018%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	9.0208	+0.054%	$642K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0471%	1h	9.0210	+0.056%	$1K	$54K	10x	as long as short