Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SunX against Pacifica−0.017%7-day average +0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$490.489% of the position

Long on Pacifica Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 3 days (all we have)+0.177%+$18 · spread now −0.017%, 7d avg +0.044%

Together, before fees+0.181%+ Points / potential airdropPacifica: Active · farm board+$18 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: SunX is 0.061% cheaper against Pacifica than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica UNI	9.1315	0.0100	pay 0.0013% / 1h	22m 04s	$299K	$574K	10x
Short	SunX UNI-USDT	9.1299	0.0100	get 0.0100% / 8h	6h 22m	$37K	$1.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Pacifica. 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 PacificabpFee SunXbpOrdersPrice spread, now −0.017%Rate

Funding earned: $0
Price spread: −0.017% → +0.044%: −$6.06
Slippage, 4 orders: −$32.88
Fee Pacifica: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$54.94
Costs to cover: 0.489%
Break-even: never at this rate

Slippage from Pacifica: live order book, 47 min ago; SunX: 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 Pacifica live order book, 47 min ago	1.10 bp	10.2 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 2 min ago	8.94 bp	14.5 bp −$14	35.2 bp −$352	doesn't fit	doesn't fit

UNI on 39 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	9.1107	−0.227%	$19K	—	150x	as long as short
dYdX UNI-USD	+0.0018%	1h	9.1322	+0.008%	$240K	$30K	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.301%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0040%	1h	9.1269	−0.050%	$455	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1137	−0.194%	$964K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.1208	−0.117%	$99.0M	$60.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1153	−0.177%	$1.0M	$2.9M	50x	as long as short
Pacifica UNIlong	+0.0100%	1h	9.1315	long leg	$299K	$574K	10x
Binance UNIUSDT	+0.0100%	8h	9.1050	−0.290%	$227.6M	$611.2M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0940	−0.410%	$101.8M	$107.5M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0910	−0.443%	$56.2M	$255.1M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1370	+0.061%	$289K	$641K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1060	−0.279%	$23.3M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1090	−0.246%	$49.9M	$26.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1120	−0.213%	$13.5M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1020	−0.323%	$33.3M	$42.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1030	−0.312%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1079	−0.258%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0580	−0.804%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0454	−0.942%	$170K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0859	−0.499%	$632K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0890	−0.465%	$89K	$699K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0990	−0.355%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1273	−0.045%	$86K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1080	−0.257%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTshort	+0.0100%	8h	9.1299	−0.017%	$37K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	9.1093	−0.243%	$22K	$712K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1300	−0.016%	$726K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1100	−0.235%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1272	−0.047%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1038	−0.303%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1097	−0.238%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0199%	1h	9.1151	−0.179%	$591K	$188K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.1190	−0.136%	$1.1M	$4.7M	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	9.1212	−0.112%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1118	−0.216%	$649K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0421%	1h	9.1128	−0.205%	$5.1M	$6.9M	50x	as long as short
Lighter UNI	+0.0448%	1h	9.1259	−0.061%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.0930%	1h	9.0763	−0.604%	$990	$48K	10x	as long as short