UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.14 per $10,000 · paid last 24h −0.036%

Price spread now: ApeX Omni against Coinbase International+0.305%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$550.549% of the position

Long on Coinbase International Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.147%+$15 on $10k

Price spread, last 4 days (all we have)−0.527%−$53 · spread now +0.305%, 7d avg +0.038%

Together, before fees−0.380%−$38 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.267% dearer against Coinbase International than usual: you sell high and buy low (spread +0.305% now, against its 7-day average of +0.038%): +$27 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.147%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International UNI-PERP-INTX	8.8550	0.0216	pay 0.0027% / 1h	11m 05s	$918K	$5.8M	50x
Short	ApeX Omni UNIUSDT	8.8820	0.0100	get 0.0013% / 1h	11m 05s	$91K	$701K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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 Coinbase InternationalbpFee ApeX OmnibpOrdersPrice spread, now +0.305%Rate

Funding earned: −$24.36
Price spread: +0.305% → +0.038%: $26.7
Slippage, 4 orders: −$34.95
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$52.61
Costs to cover: 0.549%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 3 min ago; ApeX Omni: live order book, 42 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 Coinbase International live order book, 3 min ago	3.94 bp	17.4 bp −$17	24.7 bp −$247	85.2 bp −$8,524	doesn't fit
Sell ApeX Omni live order book, 42 min ago	6.08 bp	13.5 bp −$13	107.5 bp −$1,075	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
01 Exchange UNIUSD	−0.0008%	1h	8.8554	+0.005%	$442	$5	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.8494	−0.063%	$48K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.282%	$660	$154K	12x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0055%	1h	8.8554	+0.004%	$567K	$208K	50x	as long as short
Lighter UNI	+0.0096%	1h	8.8647	+0.110%	$4.5M	$5.9M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8577	+0.031%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8580	+0.034%	$860K	$4.5M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.8665	+0.130%	$93.9M	$65.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8567	+0.019%	$773K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8607	+0.064%	$285K	$612K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.8560	+0.011%	$217.0M	$651.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8560	+0.011%	$99.2M	$111.9M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8580	+0.034%	$53.7M	$260.1M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8670	+0.136%	$317K	$666K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8570	+0.023%	$23.3M	$65.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8580	+0.034%	$47.0M	$26.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8590	+0.045%	$13.0M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8540	−0.011%	$32.6M	$46.1M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.8580	+0.034%	—	$56.7M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8635	+0.096%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9159	+0.688%	$4.2M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8810	+0.294%	$168K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8650	+0.113%	$616K	$2.8M	10x	as long as short
ApeX Omni UNIUSDTshort	+0.0100%	1h	8.8820	+0.305%	$91K	$701K	50x
StandX UNI-USD	+0.0100%	1h	8.8570	+0.023%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8578	+0.032%	$84K	$457K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8510	−0.045%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8535	−0.017%	$35K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8527	−0.026%	$31K	$816K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8678	+0.145%	$700K	$4.9M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8600	+0.056%	$26.8M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8444	−0.119%	$284K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8500	−0.056%	$31K	—	3x	as long as short
Coinbase International UNI-PERP-INTXlong	+0.0216%	1h	8.8550	long leg	$918K	$5.8M	50x
BloFin UNI-USDT	+0.0220%	8h	8.8560	+0.011%	$10.1M	$3.6M	75x	as long as short
dYdX UNI-USD	+0.0240%	1h	8.8642	+0.104%	$233K	$30K	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0275%	1h	8.8594	+0.050%	$4.8M	$8.2M	50x	as long as short
Reya UNIRUSDPERP	+0.0375%	1h	8.8522	−0.031%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.8540	−0.012%	$631K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0734%	1h	8.9015	+0.525%	$893	$45K	10x	as long as short