Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.005%

Price spread now: 01 Exchange against SunX−0.038%7-day average — · you buy dearer than you sell

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

Long on SunX Short on 01 Exchange

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

Funding pays, the price is against you. 01 Exchange is 0.038% cheaper against SunX than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 40 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX UNI-USDT	8.9840	0.0100	pay 0.0100% / 8h	23m 42s	$37K	$1.3M	30x
Short	01 Exchange UNIUSD	8.9806	0.0176	get 0.0022% / 1h	23m 42s	$448	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.038%Rate

Funding earned: $15.96
Price spread: −0.038% → 0.000%: −$3.78
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$2.82
Costs to cover: 0.150%
Break-even: 8.2 days

Slippage unknown: SunX: live order book, 10 min ago; 01 Exchange: 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, 10 min ago	13.87 bp	17.9 bp −$18	34.5 bp −$345	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−1.714%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9754	−0.096%	$62K	—	150x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0029%	1h	8.9765	−0.084%	$578K	$176K	50x	as long as short
Variational Omni UNI	+0.0051%	8h	8.9935	+0.105%	$4.1M	$4.4M	—	as long as short
Bybit UNIUSDT	+0.0091%	8h	8.9730	−0.122%	$101.8M	$105.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0092%	8h	8.9720	−0.134%	$54.9M	$248.9M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9765	−0.083%	$953K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9779	−0.068%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9746	−0.104%	$297K	$593K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9810	−0.033%	$222.2M	$590.3M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	8.9800	−0.045%	$265K	$632K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9750	−0.100%	$22.9M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9730	−0.122%	$43.6M	$24.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9700	−0.156%	$13.6M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9680	−0.178%	$32.8M	$42.1M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9740	−0.111%	—	$51.9M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9804	−0.040%	$1.0M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9779	−0.068%	$169K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0060	+0.245%	$632K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9950	+0.122%	$88K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9880	+0.045%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9766	−0.082%	$85K	$363K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9730	−0.122%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTlong	+0.0100%	8h	8.9840	long leg	$37K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	8.9728	−0.125%	$21K	$676K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9915	+0.083%	$717K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9730	−0.122%	$27.1M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9694	−0.163%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9687	−0.170%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9743	−0.108%	$32K	$1K	3x	as long as short
01 Exchange UNIUSDshort	+0.0176%	1h	8.9806	−0.038%	$448	—	10x
dYdX UNI-USD	+0.0203%	1h	8.9804	−0.040%	$249K	$6K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9730	−0.122%	$10.0M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	8.9860	+0.022%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0364%	1h	8.9719	−0.135%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	8.9747	−0.103%	$568K	—	120x	as long as short
Hyperliquid UNI	+0.0511%	1h	8.9770	−0.078%	$98.4M	$59.0M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0564%	1h	8.9799	−0.046%	$5.0M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0808%	1h	8.9951	+0.124%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0872%	1h	8.9894	+0.060%	$4.6M	$5.2M	15x	as long as short