Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0299%/8h= +32.7% APRpaid last 24h +0.038%
Price spread now: edgeX against Variational Omni−0.115%89s7-day average +0.039% · 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 3 days (all we have)+0.059%+$6 on $10k
Price spread, last 3 days (all we have)+0.201%+$20 · spread now −0.115%, 7d avg +0.039%
Together, before fees+0.260%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.155% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.115% now, against its 7-day average of +0.039%). If the spread goes back, that is −$15 on $10k: about 41 hours of funding at the current rate (+$9 a day). At the pace of the last 3 days (+0.059% in total) that is about 8.5 days. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.059% in total (about 6.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni UNI8.8256−0.0199get 0.0199% / 8h2h 56m$3.9M$4.9M
ShortedgeX UNIUSDC8.81540.0100get 0.0050% / 4h2h 56m$166K$341K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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
$62.78
Price spread: −0.115% → +0.039%
−$15.47
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$38.31
Costs to cover
0.090%
Break-even
2.7 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; edgeX: live order book, 32 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 Variational Omni RFQ quote, 3 min ago3.27 bpdoesn't fit13.5 bp −$135doesn't fitdoesn't fit
Sell edgeX live order book, 32 min ago2.26 bp6.8 bp −$716.2 bp −$162doesn'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
Variational Omni UNIlong−0.0199%8h8.8256long leg$3.9M$4.9M
Bybit UNIUSDT−0.0192%8h8.8040−0.245%$102.6M$104.2M75xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.8090−0.188%$79K150xas long as short
OKX UNI-USDT-SWAP+0.0011%8h8.8050−0.234%$54.2M$244.8M50xas long as short
01 Exchange UNIUSD+0.0056%1h8.8045−0.239%$43910xas long as short
Deribit UNI_USDC-PERPETUAL+0.0056%1h8.8123−0.151%$550K$125K50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.7988−0.304%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.7975−0.319%$846K$3.9M10xas long as short
Aster UNIUSDT+0.0100%8h8.8134−0.138%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.8079−0.201%$297K$559K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8098−0.179%$215.9M$596.5M75xas long as short
Arcus UNI-USD+0.0100%1h8.8100−0.177%$272K$605K10xas long as short
Gate UNI_USDT+0.0100%8h8.8110−0.166%$22.8M$58.8M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8100−0.177%$42.6M$24.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8110−0.166%$13.7M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8070−0.211%$31.9M$41.0M75xas long as short
BingX UNI-USDT+0.0100%8h8.8080−0.200%$49.9Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8116−0.159%$976K$2.4M10xas long as short
edgeX UNIUSDCshort+0.0100%4h8.8154−0.115%$166K$341K20x
GRVT UNI_USDT_Perp+0.0100%8h8.8050−0.234%$615K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8190−0.075%$83K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.8090−0.188%$105K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8105−0.171%$86K$339K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8080−0.200%$15K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8044−0.241%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8087−0.192%$28K$659K10xas long as short
HTX UNI-USDT+0.0100%8h8.8252−0.005%$721K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8090−0.188%$26.5M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8055−0.228%$307K$1.4M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8100−0.177%$31K$1K3xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8140−0.132%$1.0M$5.3M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8000−0.290%$9.8M$3.3M75xas long as short
Kraken Futures PF_UNIUSD+0.0270%1h8.8137−0.135%$4.9M$7.2M50xas long as short
dYdX UNI-USD+0.0310%1h8.8102−0.175%$244K$5K10xas long as short
Reya UNIRUSDPERP+0.0359%1h8.8048−0.236%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0320%1h8.8082−0.197%$552K120xas long as short
Hyperliquid UNI+0.0476%1h8.8234−0.026%$95.9M$60.5M10xas long as short
Aftermath Perps UNIUSD+0.0518%1h8.8122−0.152%$1K$50K10xas long as short
Lighter UNI+0.0536%1h8.8278+0.025%$4.5M$5.3M15xas long as short
Injective UNI/USDC PERP+0.2702%1h8.7900−0.404%$657$97K12xas long as short