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 0.000%

Price spread now: BingX against edgeX−0.346%85s7-day average — · you buy dearer than you sell

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−$250.245% of the position

Long on edgeX Short on BingX

What this pair did over the last

the charts below follow

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

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.346% cheaper against edgeX than usual: you would sell low and buy high, −$35 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 85 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	9.1978	0.0100	pay 0.0050% / 4h	1h 10m	$173K	$343K	20x
Short	BingX UNI-USDT	9.1660	0.0100	get 0.0100% / 8h	5h 10m	—	$56.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.346%Rate

Funding earned: $0
Price spread: −0.346% → 0.000%: −$34.6
Slippage, 4 orders: −$5.51
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BingX: 5 bp × 2 orders: −$10
Net: −$59.11
Costs to cover: 0.245%
Break-even: never at this rate

Slippage from edgeX: live order book, 53 min ago; BingX: live order book, 9 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, 53 min ago	2.18 bp	6.8 bp −$7	14.7 bp −$147	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	0.54 bp	5.5 bp −$6	6.8 bp −$68	15.5 bp −$1,547	33.3 bp −$16.7K

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 −0.0006%	1h	9.1736	−0.263%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.999%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.1942	−0.039%	$459	$5	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0057%	1h	9.1776	−0.220%	$588K	$193K	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1805	−0.188%	$957K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1943	−0.039%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1916	−0.067%	$299K	$573K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1690	−0.313%	$227.6M	$622.1M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1640	−0.368%	$103.1M	$109.9M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1640	−0.368%	$56.8M	$257.9M	50x	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	9.2020	+0.045%	$292K	$618K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1660	−0.346%	$23.5M	$62.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1710	−0.292%	$49.4M	$25.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1730	−0.270%	$13.8M	$13.0M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1660	−0.346%	$33.6M	$43.4M	75x	as long as short
BingX UNI-USDTshort	+0.0100%	8h	9.1660	−0.346%	—	$56.5M	—
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1660	−0.346%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1627	−0.382%	$4.3M	$4.2M	—	as long as short
edgeX UNIUSDClong	+0.0100%	4h	9.1978	long leg	$173K	$343K	20x
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1893	−0.093%	$642K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.2110	+0.143%	$90K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1920	−0.063%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.2000	+0.024%	$88K	$419K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1730	−0.270%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1763	−0.234%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1705	−0.297%	$22K	$772K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1840	−0.150%	$724K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1720	−0.281%	$27.7M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1866	−0.122%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1631	−0.377%	$312K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1669	−0.336%	$33K	—	3x	as long as short
dYdX UNI-USD	+0.0118%	1h	9.1882	−0.105%	$242K	$31K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.2030	+0.056%	$10.6M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0267%	1h	9.1755	−0.243%	$5.1M	$7.7M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.1830	−0.161%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0371%	1h	9.1719	−0.282%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1729	−0.271%	$655K	—	120x	as long as short
Hyperliquid UNI	+0.0551%	1h	9.1801	−0.193%	$100.1M	$61.7M	10x	as long as short
Lighter UNI	+0.0576%	1h	9.1852	−0.137%	$4.7M	$5.8M	15x	as long as short
Aftermath Perps UNIUSD	+0.1008%	1h	9.1993	+0.016%	$933	$47K	10x	as long as short