Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.033%

Price spread now: edgeX against BloFin+0.220%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$330.335% of the position

Long on BloFin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.180%−$18 on $10k

Price spread, last 4 days (all we have)−0.318%−$32 · spread now +0.220%, 7d avg −0.002%

Together, before fees−0.498%+ Points / potential airdropedgeX: Active · farm board−$50 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.223% dearer against BloFin than usual: you sell high and buy low (spread +0.220% now, against its 7-day average of −0.002%): +$22 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 6.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin UNI-USDT	8.8980	0.0220	pay 0.0220% / 8h	42m 08s	$10.0M	$3.6M	75x
Short	edgeX UNIUSDC	8.9176	0.0100	get 0.0050% / 4h	42m 08s	$169K	$348K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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 BloFinbpFee edgeXbpOrdersPrice spread, now +0.220%Rate

Funding earned: −$25.2
Price spread: +0.220% → −0.002%: $22.28
Slippage, 4 orders: −$12.46
Fee BloFin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$36.38
Costs to cover: 0.335%
Break-even: never at this rate

Slippage from BloFin: live order book, 7 min ago; edgeX: live order book, 61 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 BloFin live order book, 7 min ago	1.12 bp	11.2 bp −$11	13.6 bp −$136	37.9 bp −$3,787	doesn't fit
Sell edgeX live order book, 61 min ago	2.24 bp	6.7 bp −$7	16.0 bp −$160	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
Kraken Futures PF_UNIUSD	−0.0304%	1h	8.9299	+0.358%	$4.7M	$8.6M	50x	as long as short
01 Exchange UNIUSD	−0.0016%	1h	8.9261	+0.316%	$445	$5	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9318	+0.379%	$49K	—	150x	as long as short
Nado UNI-PERP	+0.0011%	1h	8.9215	+0.264%	$731K	$4.7M	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.764%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0085%	1h	8.9283	+0.341%	$106K	$616K	10x	as long as short
Lighter UNI	+0.0096%	1h	8.9373	+0.442%	$4.5M	$5.5M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9177	+0.222%	$25K	—	20x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9346	+0.411%	$95.1M	$67.6M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9276	+0.332%	$731K	$3.6M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.9200	+0.247%	$288K	$600K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9230	+0.281%	$215.7M	$656.7M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9210	+0.258%	$98.9M	$111.3M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9220	+0.270%	$54.5M	$266.0M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9270	+0.326%	$318K	$701K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9230	+0.281%	$25.6M	$65.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9220	+0.270%	$48.7M	$26.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9260	+0.315%	$13.1M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9210	+0.258%	$32.6M	$45.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9210	+0.258%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9334	+0.398%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9138	+0.177%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDCshort	+0.0100%	4h	8.9176	+0.220%	$169K	$348K	20x
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9002	+0.025%	$617K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9060	+0.090%	$89K	$710K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9120	+0.157%	$15K	$3.4M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9240	+0.292%	$16K	$2.1M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9229	+0.280%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9240	+0.292%	$32K	$888K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9347	+0.412%	$699K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9220	+0.270%	$26.9M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9196	+0.243%	$288K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9249	+0.302%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0178%	1h	8.9324	+0.386%	$588K	$250K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.9310	+0.371%	$930K	$5.5M	50x	as long as short
BloFin UNI-USDTlong	+0.0220%	8h	8.8980	long leg	$10.0M	$3.6M	75x
Reya UNIRUSDPERP	+0.0380%	1h	8.9246	+0.299%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9311	+0.372%	$635K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0448%	1h	8.9089	+0.123%	$951	$53K	10x	as long as short
dYdX UNI-USD	+0.0610%	1h	8.9152	+0.193%	$235K	$30K	10x	as long as short