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 −0.029%
Price spread now: Variational Omni against edgeX−0.262%74s7-day average −0.040% · 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 4 days (all we have)−0.060%−$6 on $10k
Price spread, last 4 days (all we have)+0.243%+$24 · spread now −0.262%, 7d avg −0.040%
Together, before fees+0.183%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board+$18 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: Variational Omni is 0.222% cheaper against edgeX than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.040%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX UNIUSDC8.84210.0100pay 0.0050% / 4h24m 04s$167K$345K20x
ShortVariational Omni UNI8.81890.0100get 0.0100% / 8h24m 04s$4.1M$4.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$0
Price spread: −0.262% → −0.040%
−$22.21
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$31.21
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 14 min ago; Variational Omni: RFQ quote, 5 min ago. 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, 14 min ago2.26 bp6.8 bp −$715.3 bp −$153doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 5 min ago3.27 bpdoesn't fit11.8 bp −$118doesn'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
Kraken Futures PF_UNIUSD−0.0308%1h8.8219−0.228%$4.6M$8.6M50xas long as short
01 Exchange UNIUSD−0.0016%1h8.8232−0.213%$440$510xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.8253−0.190%$584K$264K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.8237−0.208%$72K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.137%$660$153K12xas long as short
Nado UNI-PERP+0.0041%1h8.8168−0.286%$722K$4.7M10xas long as short
Polymarket Perps UNI-USD+0.0057%1h8.8216−0.232%$104K$615K10xas long as short
Lighter UNI+0.0096%1h8.8287−0.151%$4.4M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8168−0.285%$25K20xas long as short
Hyperliquid UNI+0.0100%1h8.8266−0.175%$94.0M$67.5M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster UNIUSDT+0.0100%8h8.8232−0.213%$717K$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.8211−0.238%$285K$599K10xas long as short
Binance UNIUSDT+0.0100%8h8.8162−0.293%$213.5M$652.3M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8150−0.306%$97.6M$110.6M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8160−0.295%$54.0M$260.2M50xas long as short
Arcus UNI-USD+0.0100%1h8.8230−0.216%$315K$690K10xas long as short
Gate UNI_USDT+0.0100%8h8.8190−0.261%$25.9M$66.4M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8180−0.272%$47.9M$26.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8190−0.261%$12.9M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8170−0.284%$32.3M$45.3M75xas long as short
BingX UNI-USDT+0.0100%8h8.8160−0.295%$57.1Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8258−0.184%$1.0M$2.5M10xas long as short
Variational Omni UNIshort+0.0100%8h8.8189−0.262%$4.1M$4.1M
edgeX UNIUSDClong+0.0100%4h8.8421long leg$167K$345K20x
GRVT UNI_USDT_Perp+0.0100%8h8.8330−0.103%$613K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8310−0.125%$89K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.8290−0.148%$14K$3.4M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8170−0.284%$17K$2.2M10xas long as short
SunX UNI-USDT+0.0100%8h8.8243−0.201%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8157−0.298%$32K$887K10xas long as short
HTX UNI-USDT+0.0100%8h8.8316−0.118%$695K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8160−0.295%$26.6M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8132−0.327%$285K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8179−0.273%$31K3xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8270−0.170%$919K$5.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8240−0.204%$10.1M$3.6M75xas long as short
Aftermath Perps UNIUSD+0.0381%1h8.8403−0.021%$945$52K10xas long as short
Reya UNIRUSDPERP+0.0381%1h8.8145−0.312%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8245−0.199%$628K120xas long as short
dYdX UNI-USD+0.0560%1h8.8223−0.223%$232K$30K10xas long as short