Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%

Price spread now: MEXC against Nado+0.048%7-day average −0.025% · you sell dearer than you buy

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

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

costs, in and out, $10k−$150.147% of the position

Long on Nado Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.004%$0 on $10k

Price spread, last 7 days−0.100%−$10 · spread now +0.048%, 7d avg −0.025%

Together, before fees−0.103%+ Points / potential airdropNado: 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: MEXC is 0.073% dearer against Nado than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado UNI-PERP	8.7817	0.0100	pay 0.0012% / 1h	47m 07s	$854K	$4.0M	10x
Short	MEXC UNI_USDT	8.7860	0.0100	get 0.0100% / 8h	1h 47m	$42.4M	$24.4M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Nado. 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 NadobpFee MEXCbpOrdersPrice spread, now +0.048%Rate

Funding earned: $0
Price spread: +0.048% → −0.025%: $7.33
Slippage, 4 orders: −$3.66
Fee Nado: 3.5 bp × 2 orders: −$7
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$7.33
Costs to cover: 0.147%
Break-even: 753201691714411.6 days

Slippage from Nado: live order book, 2 min ago; MEXC: live order book, 2 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 Nado live order book, 2 min ago	0.11 bp	4.2 bp −$4	11.4 bp −$114	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.57 bp	3.6 bp −$4	7.0 bp −$70	23.7 bp −$2,373	155.9 bp −$78.0K

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
Variational Omni UNI	−0.0086%	8h	8.7668	−0.171%	$3.9M	$4.7M	—	as long as short
Bybit UNIUSDT	−0.0035%	8h	8.7830	+0.014%	$100.3M	$106.2M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.7820	+0.003%	$559K	$158K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.7786	−0.036%	$79K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0031%	8h	8.7840	+0.026%	$54.3M	$245.2M	50x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.7900	+0.094%	$657	$96K	12x	as long as short
01 Exchange UNIUSD	+0.0040%	1h	8.7884	+0.076%	$439	—	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.7865	+0.054%	$25K	—	20x	as long as short
Nado UNI-PERPlong	+0.0100%	1h	8.7817	long leg	$854K	$4.0M	10x
Aster UNIUSDT	+0.0100%	8h	8.7838	+0.023%	$1.0M	$3.4M	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	8.7889	+0.081%	$296K	$579K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.7840	+0.026%	$215.6M	$597.4M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.7940	+0.139%	$271K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.7860	+0.048%	$22.8M	$58.3M	75x	as long as short
MEXC UNI_USDTshort	+0.0100%	8h	8.7860	+0.048%	$42.4M	$24.4M	200x
KuCoin UNIUSDTM	+0.0100%	8h	8.7840	+0.026%	$13.4M	$13.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.7840	+0.026%	$32.0M	$41.7M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.7830	+0.014%	—	$52.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.7881	+0.072%	$972K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.7684	−0.151%	$165K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.7660	−0.179%	$611K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.7690	−0.145%	$87K	$714K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.7720	−0.111%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.7872	+0.062%	$87K	$350K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.7750	−0.077%	$15K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.7805	−0.014%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.7800	−0.020%	$25K	$668K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.7952	+0.153%	$722K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.7830	+0.014%	$26.4M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.7747	−0.080%	$299K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.7803	−0.017%	$31K	$1K	3x	as long as short
dYdX UNI-USD	+0.0208%	1h	8.7880	+0.071%	$243K	$6K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.7800	−0.020%	$9.8M	$3.3M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0224%	1h	8.7860	+0.048%	$1.0M	$5.3M	50x	as long as short
Hyperliquid UNI	+0.0320%	1h	8.7986	+0.192%	$96.2M	$59.6M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0344%	1h	8.7882	+0.073%	$4.9M	$7.3M	50x	as long as short
Reya UNIRUSDPERP	+0.0361%	1h	8.7786	−0.036%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0319%	1h	8.7786	−0.036%	$550K	—	120x	as long as short
Lighter UNI	+0.0504%	1h	8.7982	+0.187%	$4.5M	$5.2M	15x	as long as short
Aftermath Perps UNIUSD	+0.0632%	1h	8.7888	+0.080%	$1K	$49K	10x	as long as short