Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: MEXC against ApeX Omni+0.323%7-day average −0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$5as in the Price arb table

costs, in and out, $10k−$430.434% of the position

Long on ApeX Omni Short on MEXC

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)−0.281%−$28 · spread now +0.323%, 7d avg −0.057%

Together, before fees−0.334%−$33 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: MEXC is 0.380% dearer against ApeX Omni than usual: you sell high and buy low, +$38 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	8.9730	0.0100	pay 0.0013% / 1h	1m 26s	$88K	$709K	50x
Short	MEXC UNI_USDT	9.0020	0.0100	get 0.0100% / 8h	1m 26s	$44.0M	$24.1M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.323%Rate

Funding earned: $0
Price spread: +0.323% → −0.057%: $38.01
Slippage, 4 orders: −$29.36
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$5.35
Costs to cover: 0.434%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 12 min ago; MEXC: live order book, 2 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, 12 min ago	10.58 bp	18.0 bp −$18	99.4 bp −$994	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.56 bp	3.2 bp −$3	7.8 bp −$78	29.4 bp −$2,937	177.1 bp −$88.5K

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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−1.594%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9894	+0.183%	$62K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0087%	8h	9.0020	+0.323%	$55.0M	$250.0M	50x	as long as short
Variational Omni UNI	+0.0087%	8h	8.9503	−0.253%	$4.1M	$4.4M	—	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9995	+0.295%	$947K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0054	+0.361%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0053	+0.360%	$298K	$591K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0045	+0.351%	$222.9M	$592.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0030	+0.334%	$101.8M	$105.9M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0110	+0.423%	$270K	$614K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.0020	+0.323%	$22.9M	$59.3M	75x	as long as short
MEXC UNI_USDTshort	+0.0100%	8h	9.0020	+0.323%	$44.0M	$24.1M	200x
KuCoin UNIUSDTM	+0.0100%	8h	9.0030	+0.334%	$13.6M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0000	+0.301%	$32.9M	$42.2M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0010	+0.312%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0072	+0.381%	$1.1M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9687	−0.048%	$169K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9730	0.000%	$624K	$2.5M	10x	as long as short
ApeX Omni UNIUSDTlong	+0.0100%	1h	8.9730	long leg	$88K	$709K	50x
StandX UNI-USD	+0.0100%	1h	8.9850	+0.134%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0082	+0.392%	$85K	$367K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9890	+0.178%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9841	+0.124%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9950	+0.245%	$21K	$679K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0040	+0.345%	$717K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9970	+0.267%	$27.1M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0016	+0.319%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9972	+0.270%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9952	+0.248%	$32K	$1K	3x	as long as short
01 Exchange UNIUSD	+0.0152%	1h	9.0072	+0.381%	$449	—	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9700	−0.033%	$10.0M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	8.9920	+0.212%	$1.1M	$5.4M	50x	as long as short
dYdX UNI-USD	+0.0284%	1h	9.0079	+0.389%	$249K	$6K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0350%	1h	8.9997	+0.297%	$579K	$177K	50x	as long as short
Reya UNIRUSDPERP	+0.0365%	1h	8.9999	+0.300%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	8.9874	+0.160%	$568K	—	120x	as long as short
Hyperliquid UNI	+0.0413%	1h	9.0146	+0.464%	$98.6M	$59.7M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0562%	1h	9.0023	+0.327%	$5.0M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0875%	1h	8.9845	+0.128%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0896%	1h	9.0212	+0.537%	$4.6M	$5.3M	15x	as long as short