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: edgeX against Gate−0.241%97s7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$31as in the Funding arb table

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

costs, in and out, $10k−$410.413% of the position

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.108%+$11 on $10k

Price spread, last 4 days (all we have)+0.434%+$43 · spread now −0.241%, 7d avg +0.021%

Together, before fees+0.543%+ Points / potential airdropedgeX: Active · farm board+$54 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 0.262% cheaper against Gate than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.021%. The two prices were read 97 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	Gate UNI_USDT	9.1180	0.0100	pay 0.0100% / 8h	4h 53m	$23.1M	$62.0M	75x
Short	edgeX UNIUSDC	9.0960	0.0100	get 0.0050% / 4h	53m 49s	$171K	$343K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Gate. 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 GatebpFee edgeXbpOrdersPrice spread, now −0.241%Rate

Funding earned: $0
Price spread: −0.241% → +0.021%: −$26.19
Slippage, 4 orders: −$17.34
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$67.54
Costs to cover: 0.413%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; edgeX: live order book, 4 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 Gate live order book, 5 min ago	1.10 bp	15.2 bp −$15	26.2 bp −$262	44.4 bp −$4,438	67.5 bp −$33.8K
Sell edgeX live order book, 4 min ago	2.20 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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.1268	+0.097%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.159%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.1281	+0.111%	$455	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1230	+0.055%	$920K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1307	+0.139%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1273	+0.101%	$298K	$589K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1210	+0.033%	$225.7M	$625.7M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1160	−0.022%	$102.4M	$110.6M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1180	0.000%	$56.0M	$258.1M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1320	+0.154%	$289K	$618K	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_USDTlong	+0.0100%	8h	9.1180	long leg	$23.1M	$62.0M	75x
MEXC UNI_USDT	+0.0100%	8h	9.1210	+0.033%	$48.8M	$25.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1200	+0.022%	$13.7M	$13.1M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1160	−0.022%	$33.5M	$43.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1210	+0.033%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1272	+0.101%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1490	+0.340%	$4.3M	$4.3M	—	as long as short
edgeX UNIUSDCshort	+0.0100%	4h	9.0960	−0.241%	$171K	$343K	20x
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1208	+0.031%	$635K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0950	−0.252%	$89K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1330	+0.165%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1271	+0.100%	$88K	$422K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1210	+0.033%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1317	+0.150%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1267	+0.095%	$22K	$781K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1304	+0.136%	$718K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1260	+0.088%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0101%	8h	9.1190	+0.011%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1146	−0.037%	$301K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1231	+0.056%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0193%	1h	9.1275	+0.105%	$585K	$193K	50x	as long as short
dYdX UNI-USD	+0.0205%	1h	9.1234	+0.060%	$240K	$30K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1270	+0.099%	$10.4M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.1340	+0.175%	$1.1M	$5.4M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	9.1327	+0.161%	$5.1M	$7.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0371%	1h	9.1228	+0.052%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1258	+0.086%	$650K	—	120x	as long as short
Lighter UNI	+0.0416%	1h	9.1385	+0.225%	$4.6M	$5.8M	15x	as long as short
Hyperliquid UNI	+0.0543%	1h	9.1325	+0.159%	$99.3M	$61.4M	10x	as long as short
Aftermath Perps UNIUSD	+0.1010%	1h	9.1347	+0.183%	$1K	$46K	10x	as long as short