Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: edgeX against SunX+0.286%74s7-day average −0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as 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−$490.491% of the position

Long on SunX 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)−0.748%−$75 · spread now +0.286%, 7d avg −0.053%

Together, before fees−0.748%+ Points / potential airdropedgeX: Active · farm board−$75 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 0.339% dearer against SunX than usual: you sell high and buy low, +$34 on $10k if it goes back to its 7-day average of −0.053%. The two prices were read 74 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	SunX UNI-USDT	8.8345	0.0100	pay 0.0100% / 8h	2h 37m	$36K	$1.3M	30x
Short	edgeX UNIUSDC	8.8598	0.0100	get 0.0050% / 4h	2h 37m	$167K	$342K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against SunX. 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 SunXbpFee edgeXbpOrdersPrice spread, now +0.286%Rate

Funding earned: $0
Price spread: +0.286% → −0.053%: $33.9
Slippage, 4 orders: −$32.14
Fee SunX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$15.24
Costs to cover: 0.491%
Break-even: never at this rate

Slippage from SunX: live order book, 6 min ago; edgeX: live order book, 50 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 SunX live order book, 6 min ago	13.29 bp	17.4 bp −$17	34.5 bp −$345	doesn't fit	doesn't fit
Sell edgeX live order book, 50 min ago	2.26 bp	6.8 bp −$7	16.2 bp −$162	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
Variational Omni UNI	−0.0193%	8h	8.8610	+0.300%	$3.9M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0170%	8h	8.8340	−0.006%	$102.1M	$104.4M	75x	as long as short
01 Exchange UNIUSD	−0.0016%	1h	8.8325	−0.023%	$441	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8380	+0.040%	$552K	$125K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8341	−0.004%	$79K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0011%	8h	8.8400	+0.062%	$54.3M	$245.3M	50x	as long as short
dYdX UNI-USD	+0.0096%	1h	8.8292	−0.060%	$244K	$5K	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8234	−0.126%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8225	−0.136%	$855K	$3.9M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8401	+0.064%	$1.0M	$3.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.8280	−0.074%	$295K	$561K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8394	+0.055%	$216.4M	$593.6M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8380	+0.040%	$272K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8370	+0.028%	$22.9M	$59.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8380	+0.040%	$42.7M	$24.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8380	+0.040%	$13.8M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8380	+0.040%	$31.9M	$41.0M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8360	+0.017%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8390	+0.051%	$981K	$2.3M	10x	as long as short
edgeX UNIUSDCshort	+0.0100%	4h	8.8598	+0.286%	$167K	$342K	20x
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8604	+0.293%	$625K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8660	+0.357%	$84K	$711K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8640	+0.334%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8306	−0.044%	$87K	$323K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8300	−0.051%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTlong	+0.0100%	8h	8.8345	long leg	$36K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	8.8343	−0.002%	$25K	$661K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8388	+0.049%	$722K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8380	+0.040%	$26.7M	$4.3M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8350	+0.006%	$299K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8348	+0.003%	$31K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8340	−0.006%	$1.0M	$5.3M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8230	−0.130%	$9.7M	$3.3M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	8.8389	+0.050%	$4.9M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0341%	1h	8.8535	+0.215%	$96.3M	$59.8M	10x	as long as short
Reya UNIRUSDPERP	+0.0359%	1h	8.8279	−0.074%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.8342	−0.003%	$554K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0467%	1h	8.8447	+0.116%	$1K	$50K	10x	as long as short
Lighter UNI	+0.0512%	1h	8.8512	+0.189%	$4.5M	$5.4M	15x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−0.504%	$657	$97K	12x	as long as short