Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against StandX−0.034%7-day average −0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$520.519% of the position

Long on StandX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.405%−$40 · spread now −0.034%, 7d avg −0.062%

Together, before fees−0.405%+ Points / potential airdropStandX: Active · edgeX: Active · farm board−$40 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 0.029% dearer against StandX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX UNI-USD	9.1770	0.0100	pay 0.0013% / 1h	38m 58s	$37K	$3.3M	20x
Short	edgeX UNIUSDC	9.1739	0.0100	get 0.0050% / 4h	3h 38m	$173K	$343K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against StandX. 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 StandXbpFee edgeXbpOrdersPrice spread, now −0.034%Rate

Funding earned: $0
Price spread: −0.034% → −0.062%: $2.86
Slippage, 4 orders: −$34.94
Fee StandX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$49.08
Costs to cover: 0.519%
Break-even: never at this rate

Slippage from StandX: live order book, 5 min ago; edgeX: live order book, 34 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 StandX live order book, 5 min ago	6.57 bp	12.3 bp −$12	37.8 bp −$378	doesn't fit	doesn't fit
Sell edgeX live order book, 34 min ago	2.79 bp	7.3 bp −$7	18.8 bp −$188	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
Phemex UNIUSDT	−0.0002%	8h	9.1800	+0.033%	$27.7M	$4.5M	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	9.2003	+0.253%	$75K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.781%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	9.2085	+0.343%	$460	—	10x	as long as short
OKX UNI-USDT-SWAP	+0.0099%	8h	9.1540	−0.251%	$56.4M	$255.0M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1943	+0.188%	$972K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1700	−0.076%	$1.1M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.2050	+0.305%	$309K	$583K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1544	−0.246%	$229.1M	$592.2M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1540	−0.251%	$103.0M	$106.4M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.2140	+0.403%	$274K	$616K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1550	−0.240%	$23.1M	$58.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1580	−0.207%	$44.7M	$23.7M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1580	−0.207%	$13.7M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1530	−0.262%	$33.6M	$41.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1560	−0.229%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1801	+0.034%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1681	−0.097%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDCshort	+0.0100%	4h	9.1739	−0.034%	$173K	$343K	20x
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1211	−0.610%	$637K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1780	+0.011%	$90K	$708K	50x	as long as short
StandX UNI-USDlong	+0.0100%	1h	9.1770	long leg	$37K	$3.3M	20x
Polymarket Perps UNI-USD	+0.0100%	1h	9.2062	+0.318%	$86K	$375K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1990	+0.240%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.2065	+0.321%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1840	+0.076%	$21K	$702K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1928	+0.172%	$735K	$4.4M	75x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1985	+0.234%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1521	−0.271%	$306K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1936	+0.181%	$33K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0110%	1h	9.2013	+0.264%	$593K	$178K	50x	as long as short
dYdX UNI-USD	+0.0137%	1h	9.2015	+0.267%	$254K	$7K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1780	+0.011%	$10.2M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.2040	+0.294%	$1.1M	$5.6M	50x	as long as short
Reya UNIRUSDPERP	+0.0366%	1h	9.1993	+0.243%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	9.2001	+0.251%	$583K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0382%	1h	9.1854	+0.091%	$5.1M	$7.0M	50x	as long as short
Hyperliquid UNI	+0.0474%	1h	9.1948	+0.194%	$101.1M	$59.7M	10x	as long as short
Lighter UNI	+0.0840%	1h	9.1981	+0.230%	$4.7M	$5.2M	15x	as long as short
Aftermath Perps UNIUSD	+0.0851%	1h	9.1506	−0.287%	$1K	$49K	10x	as long as short