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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0132%/8h= −14.5% APRpaid last 24h −0.021%
Price spread now: edgeX against Coinbase International+0.064%77s7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$410.406% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.182%+$18 on $10k
Price spread, last 3 days (all we have)−0.294%−$29 · spread now +0.064%, 7d avg −0.020%
Together, before fees−0.111%+ Points / potential airdropedgeX: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.083% dearer against Coinbase International than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of −0.020%): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.182%, so the current rate has only just turned against you. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International UNI-PERP-INTX8.98600.0232pay 0.0029% / 1h23m 59s$1.1M$5.4M50x
ShortedgeX UNIUSDC8.99170.0100get 0.0050% / 4h23m 59s$169K$342K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Coinbase International. 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
−$27.72
Price spread: +0.064% → −0.020%
$8.35
Slippage, 4 orders
−$21.6
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$59.98
Costs to cover
0.406%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 5 min ago; edgeX: live order book, 54 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 Coinbase International live order book, 5 min ago4.45 bp12.7 bp −$1317.8 bp −$178doesn't fitdoesn't fit
Sell edgeX live order book, 54 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
Injective UNI/USDC PERP−0.0049%1h8.8300−1.736%$660$155K12xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9754−0.118%$62K150xas long as short
Deribit UNI_USDC-PERPETUAL+0.0029%1h8.9765−0.106%$578K$176K50xas long as short
Variational Omni UNI+0.0051%8h8.9935+0.083%$4.1M$4.4Mas long as short
Bybit UNIUSDT+0.0091%8h8.9710−0.167%$101.8M$105.0M75xas long as short
OKX UNI-USDT-SWAP+0.0091%8h8.9730−0.145%$54.9M$248.9M50xas long as short
Nado UNI-PERP+0.0100%1h8.9765−0.106%$953K$4.2M10xas long as short
Aster UNIUSDT+0.0100%8h8.9788−0.080%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9755−0.117%$297K$593K10xas long as short
Binance UNIUSDT+0.0100%8h8.9751−0.121%$222.0M$590.2M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h8.9840−0.022%$265K$632K10xas long as short
Gate UNI_USDT+0.0100%8h8.9740−0.134%$22.9M$58.8M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9770−0.100%$43.6M$24.0M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9750−0.122%$13.6M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9710−0.167%$32.8M$42.1M75xas long as short
BingX UNI-USDT+0.0100%8h8.9730−0.145%$52.0Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9804−0.062%$1.0M$2.4M10xas long as short
edgeX UNIUSDCshort+0.0100%4h8.9917+0.064%$169K$342K20x
GRVT UNI_USDT_Perp+0.0100%8h9.0060+0.223%$632K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9950+0.100%$88K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.9880+0.022%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9766−0.105%$85K$363K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9730−0.145%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9840−0.022%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9728−0.147%$21K$676K10xas long as short
HTX UNI-USDT+0.0100%8h8.9915+0.061%$717K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9730−0.145%$27.1M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9739−0.135%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9697−0.182%$303K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9743−0.130%$32K$1K3xas long as short
dYdX UNI-USD+0.0174%1h8.9788−0.080%$249K$6K10xas long as short
01 Exchange UNIUSD+0.0176%1h8.9806−0.060%$44810xas long as short
BloFin UNI-USDT+0.0220%8h8.9730−0.145%$10.0M$3.5M75xas long as short
Coinbase International UNI-PERP-INTXlong+0.0232%1h8.9860long leg$1.1M$5.4M50x
Reya UNIRUSDPERP+0.0364%1h8.9719−0.157%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0382% / S −0.0323%1h8.9747−0.126%$568K120xas long as short
Hyperliquid UNI+0.0514%1h8.9829−0.034%$98.5M$59.0M10xas long as short
Kraken Futures PF_UNIUSD+0.0564%1h8.9799−0.068%$5.0M$7.0M50xas long as short
Aftermath Perps UNIUSD+0.0808%1h8.9951+0.101%$1K$49K10xas long as short
Lighter UNI+0.0872%1h8.9913+0.059%$4.6M$5.2M15xas long as short