Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0257%/8h= +28.2% APRpaid last 24h 0.000%

Price spread now: edgeX against ApeX Omni−0.058%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$400.404% of the position

Long on ApeX Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 3 days (all we have)+0.097%+$10 · spread now −0.058%, 7d avg −0.056%

Together, before fees+0.111%+ Points / potential airdropedgeX: Active · farm board+$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.056%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.013% in total (about 0.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni UNIUSDT	9.0000	−0.0157	get 0.0020% / 1h	49m 54s	$88K	$707K	50x
Short	edgeX UNIUSDC	8.9948	0.0100	get 0.0050% / 4h	2h 49m	$169K	$344K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.058%Rate

Funding earned: $54.03
Price spread: −0.058% → −0.056%: −$0.2
Slippage, 4 orders: −$21.35
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $13.47
Costs to cover: 0.404%
Break-even: 5.3 days

Slippage from ApeX Omni: live order book, 19 min ago; edgeX: live order book, 18 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, 19 min ago	6.02 bp	13.4 bp −$13	108.6 bp −$1,086	doesn't fit	doesn't fit
Sell edgeX live order book, 18 min ago	2.19 bp	6.7 bp −$7	18.2 bp −$182	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
ApeX Omni UNIUSDTlong	−0.0157%	1h	9.0000	long leg	$88K	$707K	50x
dYdX UNI-USD	0.0000%	1h	8.9887	−0.126%	$237K	$29K	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9874	−0.140%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.889%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	8.9906	−0.104%	$449	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9850	−0.167%	$931K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0079	+0.088%	$98.4M	$59.5M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0005	+0.006%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9898	−0.113%	$297K	$581K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9999	−0.001%	$225.5M	$609.1M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit UNIUSDT	+0.0100%	8h	8.9990	−0.011%	$101.0M	$107.8M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0020	+0.022%	$55.5M	$253.6M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9950	−0.056%	$275K	$616K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9990	−0.011%	$22.9M	$57.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0040	+0.044%	$49.9M	$24.9M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0060	+0.067%	$13.4M	$13.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0010	+0.011%	$33.0M	$42.9M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9970	−0.033%	—	$57.1M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0005	+0.006%	$987K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9791	−0.232%	$4.1M	$4.4M	—	as long as short
edgeX UNIUSDCshort	+0.0100%	4h	8.9948	−0.058%	$169K	$344K	20x
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9984	−0.018%	$635K	$2.6M	10x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9830	−0.189%	$55K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9890	−0.122%	$86K	$407K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9890	−0.122%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9909	−0.101%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9925	−0.083%	$21K	$713K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9947	−0.059%	$711K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9970	−0.033%	$27.1M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9855	−0.161%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9999	−0.001%	$300K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9923	−0.086%	$32K	—	3x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9770	−0.256%	$10.4M	$3.6M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0253%	1h	8.9959	−0.046%	$581K	$186K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	8.9930	−0.078%	$1.1M	$4.7M	50x	as long as short
Reya UNIRUSDPERP	+0.0367%	1h	8.9823	−0.197%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0245%	1h	8.9860	−0.156%	$641K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0426%	1h	8.9973	−0.030%	$5.0M	$7.0M	50x	as long as short
Lighter UNI	+0.0512%	1h	9.0130	+0.144%	$4.6M	$5.1M	15x	as long as short
Aftermath Perps UNIUSD	+0.1034%	1h	9.0180	+0.200%	$989	$48K	10x	as long as short