Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0220%/8h= +24.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.065%
Price spread now: GMX against ApeX Omni+0.178%7-day average −0.035% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.076%+$8 on $10k
Price spread, last 3 days (all we have)−0.016%−$2 · spread now +0.178%, 7d avg −0.035%
Together, before fees+0.060%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and GMX is 0.213% dearer against ApeX Omni than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni UNIUSDT8.88600.0100pay 0.0013% / 1h31m 08s$84K$712K50x
ShortGMX UNI/USD [UNI-USDC]8.9018L +0.0379% / S −0.0320%get 0.0040% / 1h31m 08s$557K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
$46.26
Price spread: +0.178% → −0.035%
$21.29
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$45.55
Costs to cover
0.220%
Break-even
0.1 days
Slippage unknown: ApeX Omni: live order book, 57 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 57 min ago5.09 bp13.1 bp −$13100.7 bp −$1,007doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni UNI−0.0185%8h8.8292−0.639%$3.9M$4.6Mas long as short
Bybit UNIUSDT−0.0147%8h8.9040+0.203%$101.6M$105.7M75xas long as short
01 Exchange UNIUSD0.0000%1h8.9136+0.311%$44510xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.9065+0.231%$563K$136K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.9030+0.192%$80K150xas long as short
OKX UNI-USDT-SWAP+0.0014%8h8.9090+0.259%$54.7M$247.7M50xas long as short
dYdX UNI-USD+0.0093%1h8.8781−0.089%$246K$5K10xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8776−0.094%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.9110+0.281%$849K$3.9M10xas long as short
Aster UNIUSDT+0.0100%8h8.9200+0.383%$1.0M$3.4M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.8806−0.060%$297K$561K10xas long as short
Binance UNIUSDT+0.0100%8h8.9072+0.239%$217.9M$594.2M75xas long as short
Arcus UNI-USD+0.0100%1h8.8890+0.034%$274K$612K10xas long as short
Gate UNI_USDT+0.0100%8h8.9090+0.259%$23.1M$59.1M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9030+0.191%$43.2M$24.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9050+0.214%$13.8M$13.7M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9090+0.259%$32.3M$41.4M75xas long as short
BingX UNI-USDT+0.0100%8h8.9110+0.281%$49.9Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9162+0.340%$991K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.8743−0.132%$167K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8615−0.275%$619K$2.5M10xas long as short
ApeX Omni UNIUSDTlong+0.0100%1h8.8860long leg$84K$712K50x
StandX UNI-USD+0.0100%1h8.8700−0.180%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9192+0.374%$87K$324K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9000+0.158%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9189+0.370%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9002+0.160%$25K$666K10xas long as short
HTX UNI-USDT+0.0100%8h8.9233+0.420%$728K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9030+0.191%$26.8M$4.3M50xas long as short
Extended UNI-USD+0.0104%1h8.8985+0.140%$302K$1.4M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9021+0.182%$32K$1K3xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.9080+0.248%$1.0M$5.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9020+0.180%$9.8M$3.3M75xas long as short
Kraken Futures PF_UNIUSD+0.0267%1h8.9021+0.181%$5.0M$7.1M50xas long as short
Hyperliquid UNI+0.0303%1h8.9222+0.407%$97.1M$59.9M10xas long as short
Reya UNIRUSDPERP+0.0360%1h8.9148+0.324%$16K20xas long as short
GMX UNI/USD [UNI-USDC]shortL +0.0379% / S −0.0320%1h8.9018+0.178%$557K120x
Aftermath Perps UNIUSD+0.0490%1h8.8671−0.213%$1K$50K10xas long as short
Lighter UNI+0.0536%1h8.9191+0.372%$4.6M$5.4M15xas long as short
Injective UNI/USDC PERP+0.2702%1h8.7900−1.080%$657$97K12xas long as short