Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Paradex against edgeX+0.299%52s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · Paradex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.299% dearer against edgeX than usual: you sell high and buy low, +$30 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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	8.9307	0.0100	pay 0.0050% / 4h	1h 04m	$168K	$344K	20x
Short	Paradex UNI-USD-PERP	8.9574	0.0100	get 0.0100% / 8h	1h 04m	$26K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.299%Rate

Funding earned: −$0.01
Price spread: +0.299% → 0.000%: $29.91
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Paradex: 2 bp × 2 orders: −$4
Net: $16.9
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: edgeX: live order book, 14 min ago; Paradex: no order-book sample. Net counts fees only.

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, 14 min ago	2.25 bp	7.1 bp −$7	17.5 bp −$175	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Variational Omni UNI	−0.0030%	8h	8.9413	+0.119%	$4.0M	$4.6M	—	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9634	+0.366%	$62K	—	150x	as long as short
Bybit UNIUSDT	+0.0019%	8h	8.9590	+0.317%	$102.3M	$104.8M	75x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.127%	$660	$155K	12x	as long as short
OKX UNI-USDT-SWAP	+0.0059%	8h	8.9590	+0.317%	$55.4M	$247.7M	50x	as long as short
01 Exchange UNIUSD	+0.0080%	1h	8.9688	+0.427%	$448	—	10x	as long as short
Paradex UNI-USD-PERPshort	+0.0100%	8h	8.9574	+0.299%	$26K	—	20x
Nado UNI-PERP	+0.0100%	1h	8.9567	+0.292%	$947K	$4.1M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9700	+0.440%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9639	+0.372%	$298K	$584K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.9620	+0.351%	$220.6M	$591.2M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9720	+0.463%	$277K	$621K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9670	+0.407%	$23.1M	$59.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9630	+0.362%	$43.2M	$24.6M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9620	+0.351%	$13.6M	$13.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9610	+0.339%	$32.4M	$41.4M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9640	+0.373%	—	$51.7M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9633	+0.365%	$995K	$2.3M	10x	as long as short
edgeX UNIUSDClong	+0.0100%	4h	8.9307	long leg	$168K	$344K	20x
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9280	−0.030%	$628K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9370	+0.071%	$88K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9380	+0.082%	$107K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9654	+0.389%	$87K	$356K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9640	+0.373%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9692	+0.431%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9590	+0.317%	$25K	$663K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0100%	1h	8.9678	+0.415%	$570K	$157K	50x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9714	+0.456%	$734K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9610	+0.339%	$27.0M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9588	+0.315%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9742	+0.487%	$32K	$1K	3x	as long as short
dYdX UNI-USD	+0.0117%	1h	8.9637	+0.370%	$248K	$6K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9620	+0.351%	$9.9M	$3.4M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0224%	1h	8.9670	+0.407%	$1.1M	$5.4M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0338%	1h	8.9660	+0.395%	$5.0M	$7.0M	50x	as long as short
Reya UNIRUSDPERP	+0.0363%	1h	8.9605	+0.334%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	8.9633	+0.366%	$563K	—	120x	as long as short
Hyperliquid UNI	+0.0454%	1h	8.9775	+0.524%	$98.9M	$59.3M	10x	as long as short
Aftermath Perps UNIUSD	+0.0663%	1h	8.9393	+0.097%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0664%	1h	8.9833	+0.589%	$4.6M	$5.2M	15x	as long as short