Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against Gate+0.007%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$370.365% of the position

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.086%+$9 on $10k

Price spread, last 4 days (all we have)+0.073%+$7 · spread now +0.007%, 7d avg +0.013%

Together, before fees+0.159%+ Points / potential airdropedgeX: Active · farm board+$16 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UNI_USDT	8.7440	0.0100	pay 0.0100% / 8h	5h 27m	$27.7M	$55.7M	75x
Short	edgeX UNIUSDC	8.7446	0.0100	get 0.0050% / 4h	1h 27m	$165K	$341K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Gate. 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 GatebpFee edgeXbpOrdersPrice spread, now +0.007%Rate

Funding earned: $0
Price spread: +0.007% → +0.013%: −$0.63
Slippage, 4 orders: −$12.51
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$37.15
Costs to cover: 0.365%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; edgeX: live order book, 19 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 Gate live order book, 5 min ago	0.57 bp	12.6 bp −$13	22.4 bp −$224	59.7 bp −$5,970	106.3 bp −$53.1K
Sell edgeX live order book, 19 min ago	2.28 bp	6.8 bp −$7	17.0 bp −$170	doesn't fit	doesn't fit

UNI on 40 exchanges

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
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.7555	+0.132%	$579K	$214K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	8.7523	+0.095%	$75K	—	150x	as long as short
Nado UNI-PERP	+0.0014%	1h	8.7415	−0.029%	$626K	$3.9M	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	+0.984%	$660	$147K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	8.7494	+0.062%	$437	$56	10x	as long as short
OKX UNI-USDT-SWAP	+0.0093%	8h	8.7340	−0.114%	$54.0M	$219.8M	50x	as long as short
Lighter UNI	+0.0096%	1h	8.7554	+0.130%	$4.3M	$4.8M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.7395	−0.051%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.7508	+0.078%	$766K	$2.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.7450	+0.011%	$288K	$458K	10x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.7442	+0.002%	$212.4M	$563.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.7360	−0.091%	$96.5M	$95.9M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.7520	+0.091%	$318K	$518K	10x	as long as short
Gate UNI_USDTlong	+0.0100%	8h	8.7440	long leg	$27.7M	$55.7M	75x
MEXC UNI_USDT	+0.0100%	8h	8.7430	−0.011%	$45.9M	$20.9M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.7480	+0.046%	$12.9M	$11.0M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.7350	−0.103%	$32.5M	$41.8M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.7390	−0.057%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.7577	+0.157%	$1.1M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.7304	−0.155%	$4.0M	$2.3M	—	as long as short
edgeX UNIUSDCshort	+0.0100%	4h	8.7446	+0.007%	$165K	$341K	20x
GRVT UNI_USDT_Perp	+0.0100%	8h	8.7380	−0.069%	$619K	$2.2M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.7510	+0.080%	$88K	$714K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.7560	+0.137%	$92K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.7438	−0.002%	$87K	$600K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.7370	−0.080%	$16K	$2.4M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.7599	+0.182%	$36K	$1.1M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.7479	+0.045%	$32K	$726K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.7587	+0.168%	$701K	$3.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.7490	+0.057%	$26.4M	$4.6M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.7376	−0.074%	$292K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.7375	−0.074%	$31K	—	3x	as long as short
Kraken Futures PF_UNIUSD	+0.0132%	1h	8.7551	+0.127%	$4.7M	$7.6M	50x	as long as short
Hyperliquid UNI	+0.0140%	1h	8.7548	+0.124%	$93.9M	$61.0M	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.7520	+0.091%	$10.0M	$3.3M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0240%	1h	8.7590	+0.172%	$908K	$4.2M	50x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.7502	+0.071%	$622K	—	120x	as long as short
Reya UNIRUSDPERP	+0.0387%	1h	8.7391	−0.056%	$16K	—	20x	as long as short
Aftermath Perps UNIUSD	+0.0504%	1h	8.7558	+0.134%	$1K	$49K	10x	as long as short
dYdX UNI-USD	+0.0541%	1h	8.7454	+0.016%	$229K	$32K	10x	as long as short