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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.056%
Price spread now: Hyperliquid against ApeX Omni−0.036%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$430.432% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.188%+$19 on $10k
Price spread, last 4 days (all we have)+0.308%+$31 · spread now −0.036%, 7d avg +0.032%
Together, before fees+0.496%+ Points / potential airdropHyperliquid: Season 2 · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.068% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of +0.032%). If the spread goes back, that is −$7 on $10k: about 3.9 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni UNIUSDT8.88200.0100pay 0.0013% / 1h8m 39s$89K$710K50x
ShortHyperliquid UNI8.87880.0159get 0.0020% / 1h8m 39s$94.4M$67.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$12.4
Price spread: −0.036% → +0.032%
−$6.85
Slippage, 4 orders
−$24.24
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$37.68
Costs to cover
0.432%
Break-even
28.3 days
Slippage from ApeX Omni: live order book, 35 min ago; Hyperliquid: live order book, 5 min ago.

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, 35 min ago6.16 bp13.5 bp −$1397.6 bp −$976doesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago0.79 bp7.9 bp −$8doesn't fitdoesn't fitdoesn't fit

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
Polymarket Perps UNI-USD−0.0092%1h8.8731−0.100%$106K$618K10xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.8727−0.105%$4.7M$8.6M50xas long as short
01 Exchange UNIUSD−0.0016%1h8.8698−0.137%$443$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8801−0.021%$49K150xas long as short
Deribit UNI_USDC-PERPETUAL+0.0005%1h8.8735−0.096%$585K$250K50xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.585%$660$153K12xas long as short
Nado UNI-PERP+0.0044%1h8.8710−0.124%$737K$4.7M10xas long as short
Lighter UNI+0.0096%1h8.8762−0.065%$4.5M$5.7M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8606−0.241%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8692−0.144%$727K$3.6M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.8660−0.180%$284K$590K10xas long as short
Binance UNIUSDT+0.0100%8h8.8637−0.206%$214.0M$656.9M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8610−0.236%$98.2M$111.3M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8620−0.225%$53.9M$263.8M50xas long as short
Arcus UNI-USD+0.0100%1h8.8710−0.124%$316K$695K10xas long as short
Gate UNI_USDT+0.0100%8h8.8650−0.191%$25.1M$66.7M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8650−0.191%$48.5M$26.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8650−0.191%$13.0M$13.4M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8630−0.214%$32.4M$45.3M75xas long as short
BingX UNI-USDC+0.0100%8h8.8620−0.225%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8751−0.078%$1.1M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8779−0.047%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.8835+0.016%$168K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8780−0.045%$621K$2.7M10xas long as short
ApeX Omni UNIUSDTlong+0.0100%1h8.8820long leg$89K$710K50x
StandX UNI-USD+0.0100%1h8.8770−0.056%$15K$3.4M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8710−0.124%$16K$2.0M10xas long as short
SunX UNI-USDT+0.0100%8h8.8746−0.083%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8665−0.175%$32K$887K10xas long as short
HTX UNI-USDT+0.0100%8h8.8784−0.041%$695K$4.8M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8700−0.135%$26.8M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8595−0.253%$292K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8675−0.163%$31K3xas long as short
Hyperliquid UNIshort+0.0159%1h8.8788−0.036%$94.4M$67.5M10x
Coinbase International UNI-PERP-INTX+0.0192%1h8.8730−0.101%$924K$5.5M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8740−0.090%$10.0M$3.6M75xas long as short
dYdX UNI-USD+0.0351%1h8.8664−0.176%$233K$30K10xas long as short
Reya UNIRUSDPERP+0.0379%1h8.8657−0.184%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8796−0.027%$631K120xas long as short
Aftermath Perps UNIUSD+0.0511%1h8.8906+0.097%$949$53K10xas long as short