Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Phemex−0.004%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$460.462% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 4 days (all we have)−0.263%−$26 · spread now −0.004%, 7d avg −0.021%
Together, before fees−0.216%+ Points / potential airdropedgeX: Active · farm board−$22 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex UNIUSDT9.03100.0100pay 0.0100% / 8h3h 45m$27.3M$4.4M50x
ShortedgeX UNIUSDC9.03060.0100get 0.0050% / 4h3h 45m$170K$346K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Phemex. 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

Funding earned
$0
Price spread: −0.004% → −0.021%
$1.62
Slippage, 4 orders
−$25.22
Fee Phemex: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$44.6
Costs to cover
0.462%
Break-even
never at this rate
Slippage from Phemex: live order book, 4 min ago; edgeX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 4 min ago5.53 bp17.3 bp −$1730.8 bp −$308doesn't fitdoesn't fit
Sell edgeX live order book, 8 min ago2.21 bp6.7 bp −$715.6 bp −$156doesn't fitdoesn't fit

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9947−0.402%$37K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−2.226%$660$154K12xas long as short
01 Exchange UNIUSD+0.0072%1h8.9905−0.448%$449$510xas long as short
Deribit UNI_USDC-PERPETUAL+0.0073%1h9.0022−0.319%$577K$207K50xas long as short
Lighter UNI+0.0096%1h9.0083−0.251%$4.6M$5.8M15xas long as short
Nado UNI-PERP+0.0100%1h8.9845−0.515%$964K$4.4M10xas long as short
Hyperliquid UNI+0.0100%1h8.9980−0.365%$97.2M$62.2M10xas long as short
Aster UNIUSDT+0.0100%8h8.9939−0.411%$807K$3.5M50xas long as short
Pacifica UNI+0.0100%1h8.9941−0.409%$292K$605K10xas long as short
Binance UNIUSDT+0.0100%8h8.9940−0.410%$221.1M$641.7M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit UNIUSDT+0.0100%8h8.9920−0.432%$101.1M$111.4M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9980−0.365%$54.7M$260.5M50xas long as short
Arcus UNI-USD+0.0100%1h8.9990−0.354%$314K$653K10xas long as short
Gate UNI_USDT+0.0100%8h8.9940−0.410%$23.7M$63.4M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9910−0.443%$47.2M$25.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9880−0.476%$13.4M$13.2M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9950−0.399%$33.1M$45.2M75xas long as short
BingX UNI-USDT+0.0100%8h8.9920−0.432%$56.6Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0334+0.027%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h9.0239−0.078%$4.2M$4.1Mas long as short
edgeX UNIUSDCshort+0.0100%4h9.0306−0.004%$170K$346K20x
GRVT UNI_USDT_Perp+0.0100%8h9.0227−0.092%$639K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0320+0.011%$95K$701K50xas long as short
StandX UNI-USD+0.0100%1h9.0270−0.044%$15K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9894−0.461%$86K$433K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9950−0.399%$16K$1.4M10xas long as short
SunX UNI-USDT+0.0100%8h8.9951−0.398%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.0000−0.343%$21K$801K10xas long as short
HTX UNI-USDT+0.0100%8h9.0401+0.101%$722K$4.8M75xas long as short
Phemex UNIUSDTlong+0.0100%8h9.0310long leg$27.3M$4.4M50x
Paradex UNI-USD-PERP+0.0100%8h8.9896−0.458%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9957−0.391%$291K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9996−0.348%$32K3xas long as short
Coinbase International UNI-PERP-INTX+0.0216%1h9.0000−0.343%$939K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h9.0270−0.044%$10.3M$3.6M75xas long as short
Kraken Futures PF_UNIUSD+0.0270%1h9.0034−0.306%$5.0M$8.0M50xas long as short
Reya UNIRUSDPERP+0.0374%1h8.9852−0.507%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.9931−0.420%$640K120xas long as short
dYdX UNI-USD+0.0398%1h9.0004−0.339%$237K$30K10xas long as short
Aftermath Perps UNIUSD+0.0882%1h9.0317+0.008%$937$46K10xas long as short