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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.035%
Price spread now: edgeX against Bybit−0.184%81s7-day average +0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.298% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.097%+$10 on $10k
Price spread, last 3 days (all we have)+0.303%+$30 · spread now −0.184%, 7d avg +0.075%
Together, before fees+0.400%+ Points / potential airdropedgeX: Active · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.259% cheaper against Bybit than usual: you would sell low and buy high (spread −0.184% now, against its 7-day average of +0.075%). If the spread goes back, that is −$26 on $10k: about 9.0 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.097% in total) that is about 19 days. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit UNIUSDT8.90000.0004pay 0.0004% / 8h1h 14m$101.5M$104.7M75x
ShortedgeX UNIUSDC8.88360.0100get 0.0050% / 4h1h 14m$167K$344K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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
$20.14
Price spread: −0.184% → +0.075%
−$25.86
Slippage, 4 orders
−$9.79
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$35.51
Costs to cover
0.298%
Break-even
19.3 days
Slippage from Bybit: live order book, 5 min ago; edgeX: live order book, 4 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 Bybit live order book, 5 min ago0.56 bp7.9 bp −$814.8 bp −$14833.0 bp −$3,297doesn't fit
Sell edgeX live order book, 4 min ago2.25 bp7.5 bp −$820.8 bp −$208doesn'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
Variational Omni UNI−0.0045%8h8.9174+0.195%$3.9M$4.5Mas long as short
Bybit UNIUSDTlong+0.0004%8h8.9000long leg$101.5M$104.7M75x
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9186+0.209%$62K150xas long as short
Deribit UNI_USDC-PERPETUAL+0.0014%1h8.9196+0.220%$567K$157K50xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.787%$660$155K12xas long as short
OKX UNI-USDT-SWAP+0.0048%8h8.9020+0.022%$55.1M$245.7M50xas long as short
01 Exchange UNIUSD+0.0064%1h8.9221+0.248%$44510xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9182+0.204%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.9205+0.230%$945K$4.0M10xas long as short
Aster UNIUSDT+0.0100%8h8.9267+0.300%$1.0M$3.3M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.9252+0.283%$301K$577K10xas long as short
Binance UNIUSDT+0.0100%8h8.9148+0.167%$219.0M$589.2M75xas long as short
Arcus UNI-USD+0.0100%1h8.9260+0.292%$275K$621K10xas long as short
Gate UNI_USDT+0.0100%8h8.9050+0.056%$23.0M$58.7M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9070+0.079%$43.1M$24.5M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9150+0.169%$13.6M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9020+0.022%$32.2M$41.4M75xas long as short
BingX UNI-USDC+0.0100%8h8.9040+0.045%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9105+0.118%$989K$2.3M10xas long as short
edgeX UNIUSDCshort+0.0100%4h8.8836−0.184%$167K$344K20x
GRVT UNI_USDT_Perp+0.0100%8h8.8880−0.135%$627K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8860−0.157%$88K$712K50xas long as short
StandX UNI-USD+0.0100%1h8.9200+0.225%$106K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9186+0.209%$86K$354K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9140+0.157%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9253+0.284%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9150+0.169%$25K$666K10xas long as short
HTX UNI-USDT+0.0100%8h8.9312+0.351%$732K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9120+0.135%$26.8M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.9087+0.097%$302K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9143+0.160%$32K$1K3xas long as short
dYdX UNI-USD+0.0117%1h8.9253+0.284%$247K$6K10xas long as short
BloFin UNI-USDT+0.0220%8h8.9220+0.247%$9.9M$3.4M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.9320+0.360%$1.1M$5.3M50xas long as short
Kraken Futures PF_UNIUSD+0.0339%1h8.9212+0.238%$5.0M$7.0M50xas long as short
Reya UNIRUSDPERP+0.0362%1h8.9150+0.168%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0319%1h8.9179+0.201%$559K120xas long as short
Hyperliquid UNI+0.0396%1h8.9197+0.221%$98.2M$59.3M10xas long as short
Lighter UNI+0.0632%1h8.9328+0.369%$4.6M$5.2M15xas long as short
Aftermath Perps UNIUSD+0.0645%1h8.9014+0.016%$1K$49K10xas long as short