Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SunX against ApeX Omni−0.849%7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$620.620% of the position

Long on ApeX Omni Short on SunX

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+1.454%+$145 · spread now −0.849%, 7d avg −0.008%

Together, before fees+1.467%+$147 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: SunX is 0.841% cheaper against ApeX Omni than usual: you would sell low and buy high, −$84 on $10k if it goes back to its 7-day average of −0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni UNIUSDT	9.1290	0.0100	pay 0.0013% / 1h	39m 07s	$89K	$694K	50x
Short	SunX UNI-USDT	9.0515	0.0100	get 0.0100% / 8h	5h 39m	$37K	$1.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.849%Rate

Funding earned: $0
Price spread: −0.849% → −0.008%: −$84.09
Slippage, 4 orders: −$43.96
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$146.05
Costs to cover: 0.620%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 24 min ago; SunX: live order book, 5 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, 24 min ago	5.98 bp	14.1 bp −$14	106.3 bp −$1,063	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	12.78 bp	17.7 bp −$18	35.9 bp −$359	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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0461	−0.908%	$19K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.275%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0088%	1h	9.0469	−0.899%	$451	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0405	−0.969%	$941K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0518	−0.846%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0550	−0.810%	$295K	$568K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0640	−0.712%	$226.0M	$610.2M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0620	−0.734%	$101.9M	$107.8M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0530	−0.833%	$55.8M	$252.2M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0540	−0.822%	$287K	$619K	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	9.0620	−0.734%	$23.4M	$59.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0530	−0.833%	$49.0M	$25.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0500	−0.865%	$13.5M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0590	−0.767%	$33.2M	$42.6M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0610	−0.745%	—	$56.6M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0577	−0.781%	$990K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0797	−0.540%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0903	−0.424%	$171K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1249	−0.045%	$637K	$2.6M	10x	as long as short
ApeX Omni UNIUSDTlong	+0.0100%	1h	9.1290	long leg	$89K	$694K	50x
StandX UNI-USD	+0.0100%	1h	9.0810	−0.526%	$58K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0488	−0.879%	$88K	$412K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0450	−0.920%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTshort	+0.0100%	8h	9.0515	−0.849%	$37K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	9.0470	−0.898%	$22K	$755K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0584	−0.773%	$715K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0530	−0.833%	$27.3M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0494	−0.872%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0411	−0.963%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0475	−0.892%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0135%	1h	9.0538	−0.824%	$238K	$30K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0214%	1h	9.0521	−0.843%	$582K	$193K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0510	−0.854%	$10.4M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0271%	1h	9.0523	−0.841%	$5.1M	$7.3M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.0520	−0.843%	$1.1M	$5.0M	50x	as long as short
Reya UNIRUSDPERP	+0.0370%	1h	9.0444	−0.927%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0440	−0.931%	$644K	—	120x	as long as short
Hyperliquid UNI	+0.0549%	1h	9.0706	−0.640%	$98.5M	$59.4M	10x	as long as short
Lighter UNI	+0.0592%	1h	9.0676	−0.673%	$4.7M	$5.6M	15x	as long as short
Aftermath Perps UNIUSD	+0.0977%	1h	9.0945	−0.378%	$931	$47K	10x	as long as short