Funding arb · Price arb /

UNI

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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 BingX+0.781%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs+$34as in the Price arb table

costs, in and out, $10k−$400.400% of the position

Long on BingX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.107%+$11 on $10k

Price spread, last 4 days (all we have)−0.523%−$52 · spread now +0.781%, 7d avg +0.037%

Together, before fees−0.416%+ Points / potential airdropedgeX: Active · farm board−$42 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 0.743% dearer against BingX than usual: you sell high and buy low, +$74 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX UNI-USDC	9.1170	0.0100	pay 0.0100% / 8h	5h 57m	—	$6.5M	—
Short	edgeX UNIUSDC	9.1882	0.0100	get 0.0050% / 4h	1h 57m	$173K	$346K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against BingX. 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 BingXbpFee edgeXbpOrdersPrice spread, now +0.781%Rate

Funding earned: $0
Price spread: +0.781% → +0.037%: $74.35
Slippage, 4 orders: −$20.96
Fee BingX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $34.38
Costs to cover: 0.400%
Break-even: from the start

Slippage from BingX: live order book, 9 min ago; edgeX: live order book, 6 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 BingX live order book, 9 min ago	1.64 bp	12.8 bp −$13	28.2 bp −$282	81.1 bp −$8,110	588.4 bp −$294.2K
Sell edgeX live order book, 6 min ago	2.18 bp	6.7 bp −$7	18.7 bp −$187	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	9.1180	+0.011%	$19K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.148%	$660	$154K	12x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1065	−0.115%	$953K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1140	−0.033%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1061	−0.119%	$297K	$564K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1181	+0.012%	$228.8M	$606.1M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1150	−0.022%	$102.4M	$107.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1120	−0.055%	$56.4M	$253.2M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1200	+0.033%	$289K	$619K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1100	−0.077%	$23.3M	$58.5M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC UNI_USDT	+0.0100%	8h	9.1090	−0.088%	$49.5M	$24.9M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1060	−0.121%	$13.7M	$12.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1120	−0.055%	$33.4M	$42.1M	75x	as long as short
BingX UNI-USDClong	+0.0100%	8h	9.1170	long leg	—	$6.5M	—
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1182	+0.013%	$995K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1879	+0.778%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDCshort	+0.0100%	4h	9.1882	+0.781%	$173K	$346K	20x
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1282	+0.123%	$636K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1700	+0.581%	$90K	$699K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1210	+0.044%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1087	−0.091%	$89K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1180	+0.011%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1179	+0.010%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1210	+0.044%	$22K	$727K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1300	+0.143%	$725K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1200	+0.033%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1009	−0.177%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0987	−0.201%	$304K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1162	−0.009%	$32K	—	3x	as long as short
01 Exchange UNIUSD	+0.0184%	1h	9.1080	−0.099%	$454	$5	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.1234	+0.070%	$5.1M	$7.0M	50x	as long as short
dYdX UNI-USD	+0.0274%	1h	9.1065	−0.115%	$240K	$30K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.1280	+0.121%	$1.1M	$4.6M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0322%	1h	9.1199	+0.032%	$592K	$188K	50x	as long as short
Lighter UNI	+0.0328%	1h	9.1260	+0.099%	$4.8M	$5.5M	15x	as long as short
Reya UNIRUSDPERP	+0.0369%	1h	9.1058	−0.123%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1162	−0.009%	$649K	—	120x	as long as short
Hyperliquid UNI	+0.0546%	1h	9.1214	+0.048%	$99.3M	$59.3M	10x	as long as short
Aftermath Perps UNIUSD	+0.0922%	1h	9.1478	+0.338%	$1K	$47K	10x	as long as short