Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SoDEX against edgeX+0.549%75s7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$330.332% of the position

Long on edgeX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.004%$0 on $10k

Price spread, last 4 days (all we have)−0.227%−$23 · spread now +0.549%, 7d avg −0.012%

Together, before fees−0.223%+ Points / potential airdropedgeX: Active · farm board−$22 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: SoDEX is 0.562% dearer against edgeX than usual: you sell high and buy low, +$56 on $10k if it goes back to its 7-day average of −0.012%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX UNIUSDC	9.0557	0.0100	pay 0.0050% / 4h	46m 02s	$171K	$345K	20x
Short	SoDEX UNI-USD	9.1055	0.0100	get 0.0013% / 1h	46m 02s	$22K	$783K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee edgeXbpFee SoDEXbpOrdersPrice spread, now +0.549%Rate

Funding earned: $0
Price spread: +0.549% → −0.012%: $56.18
Slippage, 4 orders: −$16.16
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $23.02
Costs to cover: 0.332%
Break-even: from the start

Slippage from edgeX: live order book, 12 min ago; SoDEX: live order book, 13 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 edgeX live order book, 12 min ago	2.20 bp	6.7 bp −$7	15.6 bp −$156	doesn't fit	doesn't fit
Sell SoDEX live order book, 13 min ago	0.60 bp	9.9 bp −$10	27.7 bp −$277	139.7 bp −$14.0K	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 −0.0004%	1h	9.1017	+0.508%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.493%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	9.1162	+0.668%	$455	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1115	+0.616%	$926K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1161	+0.667%	$1.0M	$3.0M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1187	+0.695%	$295K	$590K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0950	+0.434%	$224.3M	$630.5M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0910	+0.389%	$101.9M	$110.8M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0940	+0.422%	$55.7M	$258.8M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0840	+0.312%	$288K	$633K	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	9.0930	+0.411%	$23.6M	$62.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0930	+0.411%	$48.5M	$25.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0940	+0.422%	$13.6M	$13.1M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0920	+0.400%	$33.5M	$44.3M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0930	+0.411%	—	$56.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1011	+0.501%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0968	+0.454%	$4.3M	$4.2M	—	as long as short
edgeX UNIUSDClong	+0.0100%	4h	9.0557	long leg	$171K	$345K	20x
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0473	−0.093%	$627K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0570	+0.014%	$88K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0750	+0.213%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1128	+0.630%	$88K	$423K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1060	+0.555%	$16K	$1.6M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1106	+0.606%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USDshort	+0.0100%	1h	9.1055	+0.549%	$22K	$783K	10x
HTX UNI-USDT	+0.0100%	8h	9.1120	+0.621%	$715K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0980	+0.467%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1202	+0.712%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0901	+0.379%	$298K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1054	+0.548%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0112%	1h	9.1154	+0.658%	$240K	$30K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0156%	1h	9.1074	+0.570%	$583K	$193K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0970	+0.456%	$10.4M	$3.6M	75x	as long as short
Lighter UNI	+0.0232%	1h	9.1071	+0.567%	$4.6M	$5.8M	15x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.1130	+0.632%	$1.1M	$5.5M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	9.1085	+0.583%	$5.0M	$7.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0372%	1h	9.0997	+0.485%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1007	+0.496%	$649K	—	120x	as long as short
Hyperliquid UNI	+0.0430%	1h	9.1062	+0.557%	$98.9M	$61.8M	10x	as long as short
Aftermath Perps UNIUSD	+0.1036%	1h	9.0968	+0.454%	$874	$46K	10x	as long as short