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−0.0071%/8h= −7.8% APRpaid last 24h −0.009%
Price spread now: Deribit against edgeX−0.170%75s7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.426% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.122%−$12 on $10k
Price spread, last 3 days (all we have)+0.508%+$51 · spread now −0.170%, 7d avg +0.050%
Together, before fees+0.386%+ Points / potential airdropedgeX: Active · farm board+$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Deribit is 0.219% cheaper against edgeX than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.050%). Swap the legs. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX UNIUSDC8.99170.0100pay 0.0050% / 4h24m 22s$169K$342K20x
ShortDeribit UNI_USDC-PERPETUAL8.97650.0029get 0.0004% / 1h24m 22s$578K$176K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
−$14.91
Price spread: −0.170% → +0.050%
−$21.92
Slippage, 4 orders
−$26.59
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$79.42
Costs to cover
0.426%
Break-even
never at this rate
Slippage from edgeX: live order book, 54 min ago; Deribit: 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 edgeX live order book, 54 min ago2.25 bp7.1 bp −$717.5 bp −$175doesn't fitdoesn't fit
Sell Deribit live order book, 54 min ago6.97 bp10.5 bp −$1019.8 bp −$198doesn'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%1h8.8300−1.799%$660$155K12xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9754−0.182%$62K150xas long as short
Deribit UNI_USDC-PERPETUALshort+0.0029%1h8.9765−0.170%$578K$176K50x
Variational Omni UNI+0.0051%8h8.9935+0.019%$4.1M$4.4Mas long as short
Bybit UNIUSDT+0.0091%8h8.9730−0.208%$101.8M$105.0M75xas long as short
OKX UNI-USDT-SWAP+0.0091%8h8.9700−0.242%$54.9M$248.8M50xas long as short
Nado UNI-PERP+0.0100%1h8.9765−0.170%$953K$4.2M10xas long as short
Aster UNIUSDT+0.0100%8h8.9790−0.142%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9755−0.180%$297K$593K10xas long as short
Binance UNIUSDT+0.0100%8h8.9760−0.175%$222.1M$590.2M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h8.9840−0.086%$265K$632K10xas long as short
Gate UNI_USDT+0.0100%8h8.9730−0.208%$22.9M$58.8M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9760−0.175%$43.6M$24.0M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9770−0.164%$13.6M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9690−0.253%$32.8M$42.1M75xas long as short
BingX UNI-USDT+0.0100%8h8.9730−0.208%$52.0Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9780−0.153%$1.0M$2.4M10xas long as short
edgeX UNIUSDClong+0.0100%4h8.9917long leg$169K$342K20x
GRVT UNI_USDT_Perp+0.0100%8h9.0060+0.159%$632K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9950+0.036%$88K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.9880−0.042%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9766−0.168%$85K$363K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9730−0.208%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9840−0.086%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9728−0.211%$21K$676K10xas long as short
HTX UNI-USDT+0.0100%8h8.9915−0.003%$717K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9730−0.208%$27.1M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9739−0.199%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9677−0.268%$303K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9743−0.194%$32K$1K3xas long as short
dYdX UNI-USD+0.0174%1h8.9788−0.144%$249K$6K10xas long as short
01 Exchange UNIUSD+0.0176%1h8.9806−0.124%$44810xas long as short
BloFin UNI-USDT+0.0220%8h8.9730−0.208%$10.0M$3.5M75xas long as short
Coinbase International UNI-PERP-INTX+0.0232%1h8.9860−0.064%$1.1M$5.4M50xas long as short
Reya UNIRUSDPERP+0.0364%1h8.9719−0.221%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0382% / S −0.0323%1h8.9747−0.190%$568K120xas long as short
Hyperliquid UNI+0.0516%1h8.9854−0.071%$98.5M$59.0M10xas long as short
Kraken Futures PF_UNIUSD+0.0564%1h8.9799−0.132%$5.0M$7.0M50xas long as short
Aftermath Perps UNIUSD+0.0808%1h8.9951+0.037%$1K$49K10xas long as short
Lighter UNI+0.0880%1h8.9942+0.027%$4.6M$5.2M15xas long as short