UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h −0.039%

Price spread now: ApeX Omni against dYdX−0.189%50s7-day average +0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$173as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1521.520% of the position

Long on dYdX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.207%−$21 on $10k

Price spread, last 3 days (all we have)+0.157%+$16 · spread now −0.189%, 7d avg +0.057%

Together, before fees−0.049%−$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.246% cheaper against dYdX than usual: you would sell low and buy high (spread −0.189% now, against its 7-day average of +0.057%). If the spread goes back, that is −$25 on $10k: about 51 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.207%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX UNI-USD	8.9349	0.0084	pay 0.0010% / 1h	28m 38s	$247K	$5K	10x
Short	ApeX Omni UNIUSDT	8.9180	0.0100	get 0.0013% / 1h	28m 38s	$84K	$713K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against dYdX. 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 dYdXbpFee ApeX OmnibpOrdersPrice spread, now −0.189%Rate

Funding earned: $3.36
Price spread: −0.189% → +0.057%: −$24.58
Slippage, 4 orders: −$132.03
Fee dYdX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$173.24
Costs to cover: 1.520%
Break-even: 367.9 days

Slippage from dYdX: live order book, 60 min ago; ApeX Omni: live order book, 60 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 dYdX live order book, 60 min ago	56.32 bp	61.3 bp −$61	65.2 bp −$652	111.7 bp −$11.2K	408.7 bp −$204.3K
Sell ApeX Omni live order book, 60 min ago	5.09 bp	12.6 bp −$13	104.5 bp −$1,045	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
Variational Omni UNI	−0.0175%	8h	8.9141	−0.233%	$3.9M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0135%	8h	8.9290	−0.066%	$102.0M	$105.8M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9264	−0.096%	$564K	$137K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.9231	−0.132%	$80K	—	150x	as long as short
01 Exchange UNIUSD	+0.0008%	1h	8.9324	−0.028%	$446	—	10x	as long as short
OKX UNI-USDT-SWAP	+0.0015%	8h	8.9280	−0.077%	$54.9M	$248.5M	50x	as long as short
dYdX UNI-USDlong	+0.0084%	1h	8.9349	long leg	$247K	$5K	10x
Paradex UNI-USD-PERP	+0.0100%	8h	8.9290	−0.066%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9210	−0.156%	$853K	$3.9M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9360	+0.012%	$1.0M	$3.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.9343	−0.006%	$302K	$564K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9307	−0.046%	$218.4M	$595.1M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9370	+0.024%	$275K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9310	−0.044%	$23.2M	$59.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9330	−0.021%	$43.4M	$24.6M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9300	−0.055%	$13.9M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9300	−0.055%	$32.4M	$41.4M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9290	−0.066%	—	$49.8M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9265	−0.094%	$992K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8913	−0.488%	$167K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9116	−0.261%	$625K	$2.6M	10x	as long as short
ApeX Omni UNIUSDTshort	+0.0100%	1h	8.9180	−0.189%	$84K	$713K	50x
StandX UNI-USD	+0.0100%	1h	8.9160	−0.212%	$106K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9234	−0.129%	$87K	$323K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9210	−0.156%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9260	−0.100%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9205	−0.161%	$25K	$666K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9302	−0.053%	$730K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9210	−0.156%	$26.9M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9275	−0.083%	$308K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9228	−0.135%	$32K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.9250	−0.111%	$1.0M	$5.4M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9320	−0.032%	$9.8M	$3.4M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0267%	1h	8.9242	−0.120%	$5.0M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0308%	1h	8.9400	+0.057%	$97.2M	$59.9M	10x	as long as short
Reya UNIRUSDPERP	+0.0360%	1h	8.9188	−0.181%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.9223	−0.141%	$560K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0512%	1h	8.8858	−0.550%	$1K	$50K	10x	as long as short
Lighter UNI	+0.0560%	1h	8.9480	+0.147%	$4.6M	$5.4M	15x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−1.622%	$657	$97K	12x	as long as short