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: edgeX against Pacifica−0.059%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$340.342% of the position

Long on Pacifica Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.059%, 7d avg −0.007%

Together, before fees+0.048%+ Points / potential airdropPacifica: Active · edgeX: Active · farm board+$5 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 0.052% cheaper against Pacifica than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica UNI	9.0674	0.0100	pay 0.0013% / 1h	23m 09s	$294K	$599K	10x
Short	edgeX UNIUSDC	9.0620	0.0100	get 0.0050% / 4h	23m 09s	$171K	$344K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Pacifica. 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 PacificabpFee edgeXbpOrdersPrice spread, now −0.059%Rate

Funding earned: $0
Price spread: −0.059% → −0.007%: −$5.17
Slippage, 4 orders: −$17.2
Fee Pacifica: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$39.37
Costs to cover: 0.342%
Break-even: never at this rate

Slippage from Pacifica: live order book, 36 min ago; edgeX: live order book, 35 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 Pacifica live order book, 36 min ago	1.10 bp	11.4 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 35 min ago	2.20 bp	6.7 bp −$7	16.0 bp −$160	doesn't fit	doesn't fit

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 −0.0004%	1h	9.0696	+0.025%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.618%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	9.0627	−0.051%	$452	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0640	−0.037%	$890K	$4.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0687	+0.015%	$831K	$3.5M	50x	as long as short
Pacifica UNIlong	+0.0100%	1h	9.0674	long leg	$294K	$599K	10x
Binance UNIUSDT	+0.0100%	8h	9.0833	+0.176%	$223.4M	$637.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0850	+0.195%	$102.0M	$110.9M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0850	+0.195%	$55.2M	$261.5M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0710	+0.040%	$314K	$651K	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	9.0860	+0.206%	$23.6M	$63.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0830	+0.173%	$48.0M	$25.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0830	+0.173%	$13.6M	$13.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0820	+0.162%	$33.5M	$44.7M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0830	+0.173%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0878	+0.225%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0398	−0.304%	$4.3M	$4.1M	—	as long as short
edgeX UNIUSDCshort	+0.0100%	4h	9.0620	−0.059%	$171K	$344K	20x
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0350	−0.357%	$640K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0730	+0.062%	$93K	$700K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0730	+0.062%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0655	−0.020%	$87K	$427K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0750	+0.084%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0677	+0.004%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0780	+0.117%	$22K	$790K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0940	+0.294%	$726K	$4.6M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0830	+0.173%	$27.5M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0578	−0.106%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0771	+0.108%	$293K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0824	+0.166%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0126%	1h	9.0624	−0.055%	$239K	$30K	10x	as long as short
Lighter UNI	+0.0176%	1h	9.0950	+0.305%	$4.6M	$5.8M	15x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0770	+0.106%	$10.3M	$3.6M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0223%	1h	9.0792	+0.131%	$582K	$193K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.0820	+0.162%	$1.1M	$5.7M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.0859	+0.205%	$5.0M	$7.9M	50x	as long as short
Hyperliquid UNI	+0.0366%	1h	9.0952	+0.307%	$98.5M	$62.4M	10x	as long as short
Reya UNIRUSDPERP	+0.0372%	1h	9.0591	−0.091%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0655	−0.021%	$645K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0987%	1h	9.0643	−0.034%	$1K	$46K	10x	as long as short