UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h +0.039%

Price spread now: dYdX against ApeX Omni+0.190%50s7-day average −0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$131as 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−$1521.520% of the position

Long on ApeX Omni Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.207%+$21 on $10k

Price spread, last 3 days (all we have)−0.158%−$16 · spread now +0.190%, 7d avg −0.057%

Together, before fees+0.049%+$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. dYdX is 0.246% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.190% now, against its 7-day average of −0.057%): +$25 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 51 days. Mind the row above: over the last 7 days funding on this pair paid +0.207%, so the current rate has only just turned against you. The two prices were read 50 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	ApeX Omni UNIUSDT	8.9180	0.0100	pay 0.0013% / 1h	28m 19s	$84K	$713K	50x
Short	dYdX UNI-USD	8.9349	0.0084	get 0.0010% / 1h	28m 19s	$247K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.190%Rate

Funding earned: −$3.36
Price spread: +0.190% → −0.057%: $24.61
Slippage, 4 orders: −$132.03
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$130.77
Costs to cover: 1.520%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 60 min ago; dYdX: live order book, 60 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, 60 min ago	5.09 bp	13.1 bp −$13	100.7 bp −$1,007	doesn't fit	doesn't fit
Sell dYdX live order book, 60 min ago	56.32 bp	65.1 bp −$65	164.3 bp −$1,643	255.2 bp −$25.5K	509.7 bp −$254.9K

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	−0.0175%	8h	8.9141	−0.044%	$3.9M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0135%	8h	8.9180	0.000%	$101.9M	$105.8M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9189	+0.010%	$564K	$137K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.9211	+0.035%	$80K	—	150x	as long as short
01 Exchange UNIUSD	+0.0008%	1h	8.9324	+0.161%	$446	—	10x	as long as short
OKX UNI-USDT-SWAP	+0.0015%	8h	8.9120	−0.067%	$54.9M	$248.1M	50x	as long as short
dYdX UNI-USDshort	+0.0084%	1h	8.9349	+0.190%	$247K	$5K	10x
Paradex UNI-USD-PERP	+0.0100%	8h	8.9290	+0.124%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9210	+0.034%	$853K	$3.9M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9280	+0.112%	$1.0M	$3.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.9343	+0.183%	$302K	$564K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9190	+0.011%	$218.2M	$595.0M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9370	+0.213%	$275K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9180	0.000%	$23.1M	$59.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9220	+0.045%	$43.4M	$24.6M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9240	+0.067%	$13.9M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9110	−0.078%	$32.3M	$41.4M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9170	−0.011%	—	$49.8M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9265	+0.095%	$992K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8913	−0.299%	$167K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9116	−0.072%	$625K	$2.6M	10x	as long as short
ApeX Omni UNIUSDTlong	+0.0100%	1h	8.9180	long leg	$84K	$713K	50x
StandX UNI-USD	+0.0100%	1h	8.9160	−0.022%	$106K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9314	+0.150%	$87K	$324K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9130	−0.056%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9240	+0.067%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9129	−0.057%	$25K	$666K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9314	+0.150%	$728K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9180	0.000%	$26.9M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9111	−0.078%	$308K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9160	−0.022%	$32K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.9440	+0.292%	$1.0M	$5.4M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9320	+0.157%	$9.8M	$3.4M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0267%	1h	8.9181	+0.001%	$5.0M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0304%	1h	8.9324	+0.161%	$97.2M	$59.9M	10x	as long as short
Reya UNIRUSDPERP	+0.0360%	1h	8.9174	−0.007%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.9204	+0.027%	$560K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0516%	1h	8.8954	−0.254%	$1K	$50K	10x	as long as short
Lighter UNI	+0.0560%	1h	8.9360	+0.202%	$4.6M	$5.4M	15x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−1.435%	$657	$97K	12x	as long as short