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 +0.005%

Price spread now: Aster against edgeX+0.156%80s7-day average +0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$350.352% of the position

Long on edgeX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 3 days (all we have)+0.003%$0 · spread now +0.156%, 7d avg +0.079%

Together, before fees−0.002%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board$0 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: Aster is 0.077% dearer against edgeX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.079%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX UNIUSDC	9.1624	0.0100	pay 0.0050% / 4h	3h 10m	$173K	$346K	20x
Short	Aster UNIUSDT	9.1766	0.0100	get 0.0100% / 8h	7h 10m	$1.1M	$2.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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 edgeXbpFee AsterbpOrdersPrice spread, now +0.156%Rate

Funding earned: $0
Price spread: +0.156% → +0.079%: $7.67
Slippage, 4 orders: −$18.15
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$27.48
Costs to cover: 0.352%
Break-even: never at this rate

Slippage from edgeX: live order book, 63 min ago; Aster: live order book, 3 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 edgeX live order book, 63 min ago	2.79 bp	7.5 bp −$8	16.0 bp −$160	doesn't fit	doesn't fit
Sell Aster live order book, 3 min ago	2.18 bp	12.5 bp −$12	21.4 bp −$214	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	9.1680	+0.061%	$39K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.627%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0088%	1h	9.1752	+0.140%	$458	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1645	+0.023%	$985K	$4.3M	10x	as long as short
Aster UNIUSDTshort	+0.0100%	8h	9.1766	+0.156%	$1.1M	$2.9M	50x
Pacifica UNI	+0.0100%	1h	9.1731	+0.117%	$306K	$589K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1600	−0.026%	$232.4M	$601.6M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1570	−0.058%	$103.3M	$107.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1590	−0.037%	$56.6M	$256.0M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1800	+0.193%	$283K	$617K	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	9.1580	−0.047%	$23.4M	$60.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1600	−0.026%	$46.5M	$24.6M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1590	−0.037%	$13.6M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1570	−0.058%	$33.8M	$43.1M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1590	−0.037%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1615	−0.009%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1470	−0.168%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDClong	+0.0100%	4h	9.1624	long leg	$173K	$346K	20x
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1708	+0.092%	$639K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1590	−0.037%	$89K	$706K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1500	−0.135%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1735	+0.122%	$85K	$387K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1660	+0.040%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1717	+0.102%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1550	−0.080%	$22K	$711K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1780	+0.171%	$730K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1650	+0.029%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1656	+0.035%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1504	−0.130%	$308K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1626	+0.003%	$33K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0166%	1h	9.1688	+0.070%	$593K	$186K	50x	as long as short
dYdX UNI-USD	+0.0196%	1h	9.1725	+0.111%	$246K	$24K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1460	−0.178%	$10.6M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1750	+0.138%	$1.1M	$4.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0367%	1h	9.1653	+0.032%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	9.1682	+0.064%	$580K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0383%	1h	9.1633	+0.011%	$5.1M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0543%	1h	9.1739	+0.126%	$101.1M	$60.0M	10x	as long as short
Lighter UNI	+0.0952%	1h	9.1747	+0.135%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.1038%	1h	9.1784	+0.175%	$938	$49K	10x	as long as short