Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against SunX−0.192%7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$560.559% of the position

Long on SunX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 4 days (all we have)−0.503%−$50 · spread now −0.192%, 7d avg −0.042%

Together, before fees−0.507%+ Points / potential airdropPacifica: Active · farm board−$51 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: Pacifica is 0.150% cheaper against SunX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX UNI-USDT	9.1379	0.0100	pay 0.0100% / 8h	5h 35m	$37K	$1.3M	30x
Short	Pacifica UNI	9.1203	0.0100	get 0.0013% / 1h	35m 02s	$297K	$568K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.192%Rate

Funding earned: $0
Price spread: −0.192% → −0.042%: −$15.04
Slippage, 4 orders: −$39.93
Fee SunX: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$70.98
Costs to cover: 0.559%
Break-even: never at this rate

Slippage from SunX: live order book, 9 min ago; Pacifica: live order book, 29 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, 9 min ago	12.78 bp	16.9 bp −$17	34.4 bp −$344	doesn't fit	doesn't fit
Sell Pacifica live order book, 29 min ago	0.54 bp	9.6 bp −$10	doesn't fit	doesn't fit	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 −0.0006%	1h	9.1305	−0.081%	$24K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.369%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	9.1374	−0.005%	$456	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1225	−0.169%	$952K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1334	−0.049%	$1.0M	$2.9M	50x	as long as short
Pacifica UNIshort	+0.0100%	1h	9.1203	−0.192%	$297K	$568K	10x
Binance UNIUSDT	+0.0100%	8h	9.1207	−0.189%	$227.1M	$610.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1150	−0.251%	$102.4M	$107.8M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1170	−0.229%	$56.3M	$253.1M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1390	+0.012%	$289K	$614K	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	9.1170	−0.229%	$23.5M	$59.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1230	−0.163%	$49.3M	$25.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1220	−0.174%	$13.6M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1160	−0.240%	$33.4M	$42.6M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1200	−0.196%	—	$56.6M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1219	−0.175%	$991K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1137	−0.265%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0550	−0.908%	$171K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0749	−0.689%	$631K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0620	−0.831%	$89K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0900	−0.524%	$40K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1342	−0.040%	$89K	$412K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1220	−0.174%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTlong	+0.0100%	8h	9.1379	long leg	$37K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	9.1259	−0.131%	$22K	$760K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1417	+0.042%	$713K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1270	−0.119%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1242	−0.150%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1139	−0.262%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1234	−0.159%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0116%	1h	9.1152	−0.249%	$240K	$30K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1220	−0.174%	$10.5M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.1323	−0.061%	$5.1M	$7.3M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.1300	−0.086%	$1.1M	$5.1M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0320%	1h	9.1299	−0.087%	$587K	$192K	50x	as long as short
Reya UNIRUSDPERP	+0.0370%	1h	9.1289	−0.099%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1329	−0.055%	$650K	—	120x	as long as short
Hyperliquid UNI	+0.0539%	1h	9.1311	−0.074%	$99.1M	$59.6M	10x	as long as short
Lighter UNI	+0.0544%	1h	9.1362	−0.019%	$4.7M	$5.6M	15x	as long as short
Aftermath Perps UNIUSD	+0.0955%	1h	9.0972	−0.445%	$883	$47K	10x	as long as short