Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%

Price spread now: Binance against ApeX Omni−0.011%7-day average −0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$400.399% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 3 days (all we have)−0.076%−$8 · spread now −0.011%, 7d avg −0.057%

Together, before fees−0.129%−$13 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: Binance is 0.046% dearer against ApeX Omni than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.057%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni UNIUSDT	8.8350	0.0100	pay 0.0013% / 1h	45m 34s	$83K	$711K	50x
Short	Binance UNIUSDT	8.8340	0.0100	get 0.0100% / 8h	2h 45m	$216.4M	$592.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against ApeX Omni. 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 ApeX OmnibpFee BinancebpOrdersPrice spread, now −0.011%Rate

Funding earned: $0
Price spread: −0.011% → −0.057%: $4.55
Slippage, 4 orders: −$19.89
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$35.34
Costs to cover: 0.399%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 43 min ago; Binance: live order book, 13 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 ApeX Omni live order book, 43 min ago	5.09 bp	13.1 bp −$13	100.7 bp −$1,007	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	0.57 bp	6.9 bp −$7	12.2 bp −$122	44.9 bp −$4,487	158.6 bp −$79.3K

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	−0.0198%	8h	8.8235	−0.130%	$3.9M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0184%	8h	8.8310	−0.045%	$102.7M	$103.9M	75x	as long as short
01 Exchange UNIUSD	−0.0040%	1h	8.8363	+0.015%	$441	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8446	+0.109%	$552K	$125K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8408	+0.066%	$80K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0005%	8h	8.8320	−0.034%	$54.4M	$245.0M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8291	−0.067%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8252	−0.110%	$847K	$3.9M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8391	+0.046%	$1.0M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8303	−0.053%	$296K	$559K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDTshort	+0.0100%	8h	8.8340	−0.011%	$216.4M	$592.8M	75x
Arcus UNI-USD	+0.0100%	1h	8.8390	+0.045%	$273K	$610K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8290	−0.068%	$22.9M	$58.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8280	−0.079%	$42.8M	$24.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8300	−0.057%	$13.8M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8300	−0.057%	$31.9M	$41.0M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8290	−0.068%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8409	+0.067%	$977K	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8274	−0.086%	$166K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8268	−0.093%	$614K	$2.6M	10x	as long as short
ApeX Omni UNIUSDTlong	+0.0100%	1h	8.8350	long leg	$83K	$711K	50x
StandX UNI-USD	+0.0100%	1h	8.8370	+0.023%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8359	+0.010%	$87K	$324K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8370	+0.023%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8415	+0.074%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8353	+0.003%	$28K	$659K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8461	+0.126%	$721K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8350	0.000%	$26.6M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8284	−0.075%	$299K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8384	+0.038%	$31K	$1K	3x	as long as short
dYdX UNI-USD	+0.0132%	1h	8.8379	+0.033%	$245K	$5K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8450	+0.113%	$1.0M	$5.3M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8250	−0.113%	$9.8M	$3.3M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	8.8437	+0.099%	$4.9M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0339%	1h	8.8478	+0.145%	$96.2M	$59.8M	10x	as long as short
Reya UNIRUSDPERP	+0.0359%	1h	8.8309	−0.046%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	8.8410	+0.068%	$554K	—	120x	as long as short
Lighter UNI	+0.0456%	1h	8.8474	+0.140%	$4.5M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.0465%	1h	8.8229	−0.137%	$1K	$50K	10x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−0.509%	$657	$97K	12x	as long as short