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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.158%
Price spread now: Injective against edgeX−1.980%107s7-day average +0.062% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.520%−$52 on $10k
Price spread, last 4 days (all we have)+2.158%+$216 · spread now −1.980%, 7d avg +0.062%
Together, before fees+1.638%+ Points / potential airdropedgeX: Active · farm board+$164 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 2.042% cheaper against edgeX than usual: you would sell low and buy high (−$204 if the spread goes back to its 7-day average of +0.062%). Swap the legs. The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX UNIUSDC9.00830.0100pay 0.0050% / 4h3h 31m$170K$346K20x
ShortInjective UNI/USDC PERP8.83000.0033get 0.0004% / 1h31m 34s$660$154K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against edgeX. 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
−$14
Price spread: −1.980% → +0.062%
−$204.19
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$227.21
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 22 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 22 min ago2.21 bp6.7 bp −$717.2 bp −$172doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit UNI_USDC-PERPETUAL0.0000%1h8.9841−0.269%$576K$208K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9814−0.299%$37K150xas long as short
01 Exchange UNIUSD+0.0024%1h8.9831−0.280%$448$510xas long as short
Injective UNI/USDC PERPshort+0.0033%1h8.8300−1.980%$660$154K12x
Lighter UNI+0.0096%1h8.9828−0.284%$4.5M$5.9M15xas long as short
Nado UNI-PERP+0.0100%1h8.9785−0.331%$978K$4.5M10xas long as short
Hyperliquid UNI+0.0100%1h8.9972−0.124%$95.9M$64.0M10xas long as short
Aster UNIUSDT+0.0100%8h8.9834−0.277%$794K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.9734−0.388%$290K$607K10xas long as short
Binance UNIUSDT+0.0100%8h8.9810−0.304%$221.8M$646.4M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit UNIUSDT+0.0100%8h8.9800−0.315%$100.8M$111.8M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9810−0.304%$54.8M$261.9M50xas long as short
Arcus UNI-USD+0.0100%1h8.9900−0.204%$314K$653K10xas long as short
Gate UNI_USDT+0.0100%8h8.9780−0.337%$23.9M$63.9M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9830−0.281%$48.2M$25.8M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9780−0.337%$13.3M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9870−0.237%$33.3M$45.5M75xas long as short
BingX UNI-USDC+0.0100%8h8.9800−0.315%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9737−0.385%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h8.9719−0.404%$4.2M$4.1Mas long as short
edgeX UNIUSDClong+0.0100%4h9.0083long leg$170K$346K20x
GRVT UNI_USDT_Perp+0.0100%8h8.9850−0.259%$624K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0140+0.063%$92K$703K50xas long as short
StandX UNI-USD+0.0100%1h8.9850−0.259%$15K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9893−0.211%$86K$435K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9800−0.315%$16K$1.4M10xas long as short
SunX UNI-USDT+0.0100%8h8.9853−0.256%$37K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9720−0.403%$29K$817K10xas long as short
HTX UNI-USDT+0.0100%8h8.9906−0.197%$703K$4.9M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9730−0.392%$27.2M$4.4M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9645−0.487%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9759−0.360%$286K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9795−0.320%$32K3xas long as short
Coinbase International UNI-PERP-INTX+0.0216%1h8.9940−0.159%$941K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9870−0.237%$10.3M$3.6M75xas long as short
Kraken Futures PF_UNIUSD+0.0271%1h8.9775−0.342%$4.9M$8.1M50xas long as short
dYdX UNI-USD+0.0276%1h8.9725−0.398%$236K$30K10xas long as short
Reya UNIRUSDPERP+0.0374%1h8.9856−0.252%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.9819−0.294%$639K120xas long as short
Aftermath Perps UNIUSD+0.0831%1h8.9936−0.163%$953$45K10xas long as short