Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.026%
Price spread now: edgeX against Bybit+0.296%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$320.318% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.097%+$10 on $10k
Price spread, last 4 days (all we have)−0.257%−$26 · spread now +0.296%, 7d avg +0.071%
Together, before fees−0.160%+ Points / potential airdropedgeX: Active · farm board−$16 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: edgeX is 0.225% dearer against Bybit than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of +0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit UNIUSDT8.84900.0100pay 0.0100% / 8h2h 38m$98.9M$112.5M75x
ShortedgeX UNIUSDC8.87520.0100get 0.0050% / 4h2h 38m$168K$344K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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

Funding earned
$0
Price spread: +0.296% → +0.071%
$22.53
Slippage, 4 orders
−$11.78
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$9.25
Costs to cover
0.318%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; edgeX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago0.56 bp9.1 bp −$916.5 bp −$16542.9 bp −$4,291doesn't fit
Sell edgeX live order book, 9 min ago2.25 bp6.7 bp −$717.1 bp −$171doesn't fitdoesn't fit

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado UNI-PERP−0.0134%1h8.8257−0.263%$797K$4.7M10xas long as short
01 Exchange UNIUSD−0.0072%1h8.8336−0.174%$441$510xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.8402−0.099%$4.8M$8.5M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8411−0.089%$48K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.215%$660$153K12xas long as short
Polymarket Perps UNI-USD+0.0065%1h8.8330−0.181%$99K$499K10xas long as short
Lighter UNI+0.0096%1h8.8475−0.017%$4.4M$5.5M15xas long as short
Deribit UNI_USDC-PERPETUAL+0.0096%1h8.8450−0.046%$567K$202K50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8336−0.174%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8479−0.012%$750K$3.6M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.8370−0.136%$283K$612K10xas long as short
Binance UNIUSDT+0.0100%8h8.8527+0.041%$215.1M$658.6M75xas long as short
Bybit UNIUSDTlong+0.0100%8h8.8490long leg$98.9M$112.5M75x
OKX UNI-USDT-SWAP+0.0100%8h8.8520+0.034%$53.5M$263.0M50xas long as short
Arcus UNI-USD+0.0100%1h8.8430−0.068%$315K$700K10xas long as short
Gate UNI_USDT+0.0100%8h8.8430−0.068%$23.5M$64.7M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8530+0.045%$46.5M$26.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8530+0.045%$13.0M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8500+0.011%$32.6M$46.5M75xas long as short
BingX UNI-USDT+0.0100%8h8.8360−0.147%$57.1Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8459−0.035%$1.0M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8420−0.079%$4.1M$4.2Mas long as short
edgeX UNIUSDCshort+0.0100%4h8.8752+0.296%$168K$344K20x
GRVT UNI_USDT_Perp+0.0100%8h8.8350−0.158%$616K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8530+0.045%$91K$706K50xas long as short
StandX UNI-USD+0.0100%1h8.8290−0.226%$15K$3.4M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8380−0.124%$16K$1.6M10xas long as short
SunX UNI-USDT+0.0100%8h8.8479−0.012%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8368−0.138%$22K$852K10xas long as short
HTX UNI-USDT+0.0100%8h8.8583+0.105%$707K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8380−0.124%$26.8M$4.3M50xas long as short
Extended UNI-USD+0.0104%1h8.8482−0.009%$290K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8408−0.093%$31K3xas long as short
Hyperliquid UNI+0.0115%1h8.8500+0.011%$94.2M$66.3M10xas long as short
dYdX UNI-USD+0.0176%1h8.8337−0.173%$233K$31K10xas long as short
Coinbase International UNI-PERP-INTX+0.0184%1h8.8450−0.045%$926K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8430−0.068%$10.0M$3.6M75xas long as short
Reya UNIRUSDPERP+0.0376%1h8.8344−0.165%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8394−0.108%$629K120xas long as short
Aftermath Perps UNIUSD+0.0629%1h8.8670+0.203%$926$45K10xas long as short