Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against SunX−0.346%7-day average −0.087% · you buy dearer than you sell

Net, funding: paid 7d − costs−$144as in the Funding arb table

Net, price: spread back to 7d avg − costs−$159as in the Price arb table

costs, in and out, $10k−$1331.331% of the position

Long on SunX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.107%−$11 on $10k

Price spread, last 3 days (all we have)+0.113%+$11 · spread now −0.346%, 7d avg −0.087%

Together, before fees+0.006%+$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: BingX is 0.258% cheaper against SunX than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of −0.087%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX UNI-USDT	9.1446	0.0100	pay 0.0100% / 8h	7h 06m	$37K	$1.3M	30x
Short	BingX UNI-USDC	9.1130	0.0100	get 0.0100% / 8h	7h 06m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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 SunXbpFee BingXbpOrdersPrice spread, now −0.346%Rate

Funding earned: $0
Price spread: −0.346% → −0.087%: −$25.81
Slippage, 4 orders: −$115.11
Fee SunX: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$158.93
Costs to cover: 1.331%
Break-even: never at this rate

Slippage from SunX: live order book, 8 min ago; BingX: live order book, 14 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 SunX live order book, 8 min ago	48.87 bp	53.3 bp −$53	76.6 bp −$766	doesn't fit	doesn't fit
Sell BingX live order book, 14 min ago	1.63 bp	13.0 bp −$13	31.6 bp −$316	84.0 bp −$8,396	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	9.1370	−0.083%	$20K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.440%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0096%	1h	9.1089	−0.390%	$455	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1070	−0.411%	$977K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1326	−0.132%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1286	−0.175%	$302K	$586K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1040	−0.444%	$231.1M	$600.1M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1000	−0.488%	$102.5M	$107.3M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0980	−0.510%	$56.2M	$253.9M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1220	−0.247%	$282K	$617K	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	9.1140	−0.335%	$23.3M	$60.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1170	−0.302%	$46.8M	$24.7M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1320	−0.138%	$13.7M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1120	−0.356%	$33.5M	$42.9M	75x	as long as short
BingX UNI-USDCshort	+0.0100%	8h	9.1130	−0.346%	—	$6.5M	—
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1394	−0.057%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1470	+0.026%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1543	+0.106%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1560	+0.125%	$638K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1520	+0.081%	$89K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1430	−0.017%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1452	+0.007%	$85K	$388K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1390	−0.061%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTlong	+0.0100%	8h	9.1446	long leg	$37K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	9.1381	−0.071%	$22K	$709K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1588	+0.155%	$724K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1430	−0.017%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1119	−0.357%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1087	−0.392%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1388	−0.063%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0198%	1h	9.1304	−0.156%	$245K	$24K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0199%	1h	9.1426	−0.022%	$591K	$186K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1460	+0.015%	$10.6M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1360	−0.094%	$1.1M	$4.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0367%	1h	9.1287	−0.174%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	9.1368	−0.086%	$578K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0384%	1h	9.1439	−0.008%	$5.1M	$7.0M	50x	as long as short
Hyperliquid UNI	+0.0537%	1h	9.1384	−0.068%	$100.7M	$58.3M	10x	as long as short
Lighter UNI	+0.0960%	1h	9.1477	+0.034%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.1057%	1h	9.1604	+0.173%	$924	$49K	10x	as long as short