Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against Pacifica−0.315%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$340.345% of the position

Long on Pacifica Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.471%+$47 · spread now −0.315%, 7d avg −0.005%

Together, before fees+0.476%+ Points / potential airdropPacifica: Active · edgeX: Active · farm board+$48 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 0.310% cheaper against Pacifica than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica UNI	9.0239	0.0100	pay 0.0013% / 1h	31m 15s	$295K	$580K	10x
Short	edgeX UNIUSDC	8.9955	0.0100	get 0.0050% / 4h	2h 31m	$169K	$345K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Pacifica. 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 PacificabpFee edgeXbpOrdersPrice spread, now −0.315%Rate

Funding earned: $0
Price spread: −0.315% → −0.005%: −$30.95
Slippage, 4 orders: −$17.46
Fee Pacifica: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$65.41
Costs to cover: 0.345%
Break-even: never at this rate

Slippage from Pacifica: live order book, 37 min ago; edgeX: live order book, 37 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 Pacifica live order book, 37 min ago	1.10 bp	10.2 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 37 min ago	2.19 bp	6.7 bp −$7	18.2 bp −$182	doesn't fit	doesn't fit

UNI on 39 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	9.0346	+0.119%	$19K	—	150x	as long as short
dYdX UNI-USD	+0.0023%	1h	9.0242	+0.004%	$238K	$30K	10x	as long as short
01 Exchange UNIUSD	+0.0024%	1h	9.0306	+0.075%	$451	—	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.148%	$660	$154K	12x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0290	+0.057%	$934K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0433	+0.215%	$98.2M	$60.1M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0361	+0.136%	$1.0M	$2.9M	50x	as long as short
Pacifica UNIlong	+0.0100%	1h	9.0239	long leg	$295K	$580K	10x
Binance UNIUSDT	+0.0100%	8h	9.0291	+0.057%	$225.3M	$611.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0250	+0.012%	$101.0M	$107.6M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0240	+0.001%	$55.6M	$254.0M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0270	+0.035%	$286K	$636K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0340	+0.112%	$23.1M	$58.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0340	+0.112%	$49.5M	$26.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0360	+0.134%	$13.4M	$13.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0240	+0.001%	$33.0M	$42.8M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0340	+0.112%	—	$57.3M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0255	+0.018%	$987K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0181	−0.064%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDCshort	+0.0100%	4h	8.9955	−0.315%	$169K	$345K	20x
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9959	−0.310%	$630K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0020	−0.242%	$88K	$706K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0300	+0.068%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0364	+0.139%	$86K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0270	+0.035%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0432	+0.214%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0274	+0.039%	$22K	$710K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0358	+0.132%	$718K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0280	+0.046%	$27.2M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0135	−0.115%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0212	−0.030%	$300K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0287	+0.053%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0299%	1h	9.0339	+0.111%	$586K	$200K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.0380	+0.157%	$1.1M	$4.7M	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	9.0293	+0.060%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0350	+0.124%	$644K	—	120x	as long as short
Lighter UNI	+0.0400%	1h	9.0440	+0.223%	$4.6M	$5.3M	15x	as long as short
Kraken Futures PF_UNIUSD	+0.0424%	1h	9.0334	+0.105%	$5.0M	$6.9M	50x	as long as short
Aftermath Perps UNIUSD	+0.0942%	1h	9.0020	−0.242%	$1K	$48K	10x	as long as short