Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h −0.029%

Price spread now: gTrade (Gains Network) against SunX+0.363%7-day average — · you sell dearer than you buy

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

Long on SunX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 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. gTrade (Gains Network) is 0.363% dearer against SunX than usual: you sell high and buy low (spread +0.363% now, against zero (this spread has no 7-day history yet)): +$36 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX UNI-USDT	8.8477	0.0100	pay 0.0100% / 8h	2h 30m	$36K	$1.4M	30x
Short	gTrade (Gains Network) UNI/USD	8.8799	L +0.0004% / S −0.0008%	get 0.0001% / 1h	30m 06s	$53K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.363%Rate

Funding earned: −$19.41
Price spread: +0.363% → 0.000%: $36.35
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$1.06
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: SunX: live order book, 4 min ago; gTrade (Gains Network): 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 SunX live order book, 4 min ago	13.87 bp	17.9 bp −$18	34.5 bp −$345	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
Nado UNI-PERP	−0.0112%	1h	8.8995	+0.585%	$822K	$4.7M	10x	as long as short
01 Exchange UNIUSD	−0.0048%	1h	8.8464	−0.015%	$441	$5	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.8817	+0.384%	$4.7M	$8.6M	50x	as long as short
gTrade (Gains Network) UNI/USDshort	L +0.0004% / S −0.0008%	1h	8.8799	+0.363%	$53K	—	150x
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.200%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0086%	1h	8.8539	+0.070%	$96K	$515K	10x	as long as short
Lighter UNI	+0.0096%	1h	8.8927	+0.509%	$4.5M	$5.6M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8443	−0.038%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8784	+0.347%	$751K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8487	+0.012%	$283K	$612K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.8768	+0.328%	$217.0M	$662.5M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8760	+0.320%	$99.3M	$112.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8760	+0.320%	$54.0M	$264.6M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8500	+0.026%	$316K	$700K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8780	+0.342%	$24.0M	$65.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8800	+0.365%	$49.7M	$26.9M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8780	+0.342%	$13.0M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8760	+0.320%	$32.6M	$46.6M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8800	+0.365%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8868	+0.442%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8571	+0.107%	$4.1M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8670	+0.219%	$168K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8791	+0.354%	$619K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8700	+0.252%	$91K	$706K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8640	+0.184%	$15K	$3.4M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8790	+0.354%	$16K	$1.6M	10x	as long as short
SunX UNI-USDTlong	+0.0100%	8h	8.8477	long leg	$36K	$1.4M	30x
SoDEX UNI-USD	+0.0100%	1h	8.8785	+0.348%	$32K	$858K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8960	+0.546%	$714K	$5.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8790	+0.354%	$26.8M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8751	+0.310%	$299K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8785	+0.348%	$32K	—	3x	as long as short
Hyperliquid UNI	+0.0130%	1h	8.8899	+0.477%	$94.6M	$66.5M	10x	as long as short
dYdX UNI-USD	+0.0175%	1h	8.8485	+0.009%	$233K	$31K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0184%	1h	8.8820	+0.388%	$926K	$5.8M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8640	+0.184%	$10.0M	$3.6M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0295%	1h	8.8850	+0.421%	$569K	$204K	50x	as long as short
Reya UNIRUSDPERP	+0.0376%	1h	8.8908	+0.487%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.8859	+0.432%	$633K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0631%	1h	8.8779	+0.341%	$915	$45K	10x	as long as short