Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%

Price spread now: Binance against edgeX+0.588%90s7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as 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−$280.283% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 3 days (all we have)−0.515%−$52 · spread now +0.588%, 7d avg +0.002%

Together, before fees−0.581%+ Points / potential airdropedgeX: Active · farm board−$58 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: Binance is 0.586% dearer against edgeX than usual: you sell high and buy low, +$59 on $10k if it goes back to its 7-day average of +0.002%. The two prices were read 90 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	edgeX UNIUSDC	9.1283	0.0100	pay 0.0050% / 4h	3h 31m	$172K	$344K	20x
Short	Binance UNIUSDT	9.1819	0.0100	get 0.0100% / 8h	7h 31m	$230.0M	$595.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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 edgeXbpFee BinancebpOrdersPrice spread, now +0.588%Rate

Funding earned: $0
Price spread: +0.588% → +0.002%: $58.62
Slippage, 4 orders: −$9.25
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: $30.37
Costs to cover: 0.283%
Break-even: from the start

Slippage from edgeX: live order book, 41 min ago; Binance: live order book, 12 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 edgeX live order book, 41 min ago	2.79 bp	7.5 bp −$8	16.0 bp −$160	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	0.55 bp	7.0 bp −$7	13.7 bp −$137	45.2 bp −$4,515	162.8 bp −$81.4K

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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	9.1773	+0.536%	$46K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.268%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0072%	1h	9.1279	−0.004%	$455	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1550	+0.293%	$963K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1841	+0.612%	$1.1M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1351	+0.075%	$307K	$583K	10x	as long as short
Binance UNIUSDTshort	+0.0100%	8h	9.1819	+0.588%	$230.0M	$595.3M	75x
Bybit UNIUSDT	+0.0100%	8h	9.1760	+0.523%	$103.6M	$106.8M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1770	+0.534%	$56.5M	$256.2M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1340	+0.063%	$272K	$616K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.1810	+0.577%	$23.2M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1790	+0.555%	$45.0M	$23.8M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1810	+0.577%	$13.8M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1790	+0.555%	$33.7M	$42.1M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1800	+0.566%	—	$53.8M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1837	+0.607%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1441	+0.173%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDClong	+0.0100%	4h	9.1283	long leg	$172K	$344K	20x
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1100	−0.200%	$644K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1690	+0.446%	$90K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1260	−0.025%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1628	+0.378%	$86K	$374K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1820	+0.588%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1868	+0.641%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1810	+0.577%	$21K	$714K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1840	+0.610%	$728K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1850	+0.621%	$27.7M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1248	−0.038%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1766	+0.529%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1817	+0.585%	$33K	—	3x	as long as short
dYdX UNI-USD	+0.0134%	1h	9.1313	+0.033%	$252K	$8K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1290	+0.008%	$10.3M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1900	+0.676%	$1.1M	$4.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0366%	1h	9.1565	+0.310%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	9.1760	+0.523%	$580K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0382%	1h	9.1891	+0.666%	$5.1M	$7.0M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0507%	1h	9.1889	+0.663%	$592K	$178K	50x	as long as short
Hyperliquid UNI	+0.0511%	1h	9.1960	+0.742%	$101.2M	$60.2M	10x	as long as short
Lighter UNI	+0.0912%	1h	9.2007	+0.793%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.0921%	1h	9.1523	+0.263%	$950	$49K	10x	as long as short