Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%

Price spread now: ApeX Omni against Gate−0.045%96s7-day average +0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as 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−$560.556% of the position

Long on Gate Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.101%+$10 on $10k

Price spread, last 3 days (all we have)+0.280%+$28 · spread now −0.045%, 7d avg +0.079%

Together, before fees+0.381%+$38 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: ApeX Omni is 0.124% cheaper against Gate than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.079%. The two prices were read 96 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	Gate UNI_USDT	8.8080	0.0100	pay 0.0100% / 8h	2h 51m	$22.9M	$58.9M	75x
Short	ApeX Omni UNIUSDT	8.8040	0.0100	get 0.0013% / 1h	51m 54s	$83K	$713K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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 GatebpFee ApeX OmnibpOrdersPrice spread, now −0.045%Rate

Funding earned: $0
Price spread: −0.045% → +0.079%: −$12.44
Slippage, 4 orders: −$30.64
Fee Gate: 7.5 bp × 2 orders: −$15
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$68.08
Costs to cover: 0.556%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; ApeX Omni: live order book, 37 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 Gate live order book, 2 min ago	0.57 bp	14.7 bp −$15	22.8 bp −$228	41.1 bp −$4,109	64.1 bp −$32.1K
Sell ApeX Omni live order book, 37 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	−0.0201%	8h	8.8015	−0.074%	$3.9M	$4.9M	—	as long as short
Bybit UNIUSDT	−0.0192%	8h	8.8040	−0.045%	$102.6M	$103.9M	75x	as long as short
01 Exchange UNIUSD	−0.0064%	1h	8.8166	+0.098%	$440	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8223	+0.162%	$551K	$125K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8196	+0.131%	$79K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0010%	8h	8.8050	−0.034%	$54.2M	$244.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8154	+0.084%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8065	−0.017%	$851K	$3.9M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8215	+0.154%	$1.0M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8171	+0.103%	$297K	$559K	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	8.8066	−0.015%	$215.7M	$593.7M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8240	+0.182%	$272K	$605K	10x	as long as short
Gate UNI_USDTlong	+0.0100%	8h	8.8080	long leg	$22.9M	$58.9M	75x
MEXC UNI_USDT	+0.0100%	8h	8.8100	+0.023%	$42.6M	$24.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8100	+0.023%	$13.7M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8030	−0.057%	$31.9M	$41.0M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8070	−0.011%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8172	+0.104%	$976K	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8265	+0.210%	$166K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8310	+0.261%	$619K	$2.6M	10x	as long as short
ApeX Omni UNIUSDTshort	+0.0100%	1h	8.8040	−0.045%	$83K	$713K	50x
StandX UNI-USD	+0.0100%	1h	8.8250	+0.193%	$105K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8168	+0.100%	$87K	$336K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8170	+0.102%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8188	+0.123%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8150	+0.079%	$28K	$659K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8250	+0.193%	$721K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8180	+0.114%	$26.6M	$4.3M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8042	−0.044%	$307K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8223	+0.162%	$31K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8280	+0.227%	$1.0M	$5.3M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8190	+0.125%	$9.8M	$3.3M	75x	as long as short
dYdX UNI-USD	+0.0264%	1h	8.8220	+0.159%	$244K	$5K	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	8.8216	+0.155%	$4.9M	$7.1M	50x	as long as short
Reya UNIRUSDPERP	+0.0359%	1h	8.8121	+0.047%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	8.8209	+0.147%	$553K	—	120x	as long as short
Lighter UNI	+0.0408%	1h	8.8321	+0.274%	$4.5M	$5.3M	15x	as long as short
Hyperliquid UNI	+0.0411%	1h	8.8205	+0.142%	$95.7M	$59.6M	10x	as long as short
Aftermath Perps UNIUSD	+0.0504%	1h	8.8218	+0.157%	$1K	$50K	10x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−0.204%	$657	$97K	12x	as long as short