Funding you earn now, next payment 03:00 UTC−0.0454%/8h= −49.7% APRnext payment −$0.57 per $10,000 · paid last 24h −0.047%
Price spread now: ApeX Omni against Hyperliquid−0.498%65s7-day average −0.034% · 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—prices read too far apart to compare
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days−0.178%−$18 on $10k
+Price spread, last 4 days (all we have)+0.450%+$45 · spread now −0.498%, 7d avg −0.034%
=Together, before fees+0.272%+ Points / potential airdropHyperliquid: Season 2 · farm board+$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and ApeX Omni is 0.464% cheaper against Hyperliquid than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of −0.034%). Swap the legs. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.178% in total (about -9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid UNI | 9.1224 | 0.0554 | pay 0.0069% / 1h | 44m 29s | $99.3M | $59.2M | 10x |
| Short | ApeX Omni UNIUSDT | 9.0770 | 0.0100 | get 0.0013% / 1h | 44m 29s | $89K | $699K | 50x |
Hyperliquid UNI
ApeX Omni UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$95.35
- Price spread: −0.498% → −0.034%
- −$46.41
- Slippage, 4 orders
- −$24.23
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$185
- Costs to cover
- 0.432%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; ApeX Omni: live order book, 19 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 Hyperliquid live order book, 9 min ago | 1.10 bp | 7.2 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 19 min ago | 5.98 bp | 13.2 bp −$13 | 100.7 bp −$1,007 | 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 | 9.0967 | −0.282% | $19K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −3.205% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0088% | 1h | 9.1078 | −0.160% | $454 | $5 | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.1052 | −0.188% | $947K | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.1102 | −0.134% | $1.0M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.1155 | −0.076% | $297K | $570K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.0971 | −0.278% | $226.9M | $609.7M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.0940 | −0.311% | $102.4M | $107.6M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.0950 | −0.300% | $56.2M | $253.1M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 9.1110 | −0.125% | $289K | $619K | 10x | as long as short |
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USDShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate UNI_USDT | +0.0100% | 8h | 9.0960 | −0.289% | $23.4M | $59.3M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.1020 | −0.224% | $49.3M | $25.0M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.0980 | −0.267% | $13.6M | $12.9M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.1090 | −0.147% | $33.4M | $42.6M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 9.0950 | −0.300% | — | $56.6M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.1184 | −0.044% | $993K | $2.2M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.0819 | −0.444% | $4.2M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.0612 | −0.671% | $171K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.0730 | −0.542% | $634K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDTshort | +0.0100% | 1h | 9.0770 | −0.498% | $89K | $699K | 50x | |
| StandX UNI-USD | +0.0100% | 1h | 9.0830 | −0.432% | $58K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.1101 | −0.135% | $88K | $412K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.0970 | −0.278% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.1164 | −0.066% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.1072 | −0.167% | $22K | $750K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.1120 | −0.114% | $719K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.1130 | −0.103% | $27.5M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.1170 | −0.059% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.1016 | −0.228% | $304K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.0907 | −0.348% | $32K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0180% | 1h | 9.1194 | −0.033% | $240K | $30K | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 9.1120 | −0.114% | — | $3.6M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0269% | 1h | 9.1112 | −0.123% | $5.1M | $7.2M | 50x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0296% | 1h | 9.1140 | −0.092% | $1.1M | $5.0M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0370% | 1h | 9.1004 | −0.241% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 9.0967 | −0.282% | $648K | — | 120x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0442% | 1h | 9.1129 | −0.104% | $587K | $191K | 50x | as long as short |
| Hyperliquid UNIlong | +0.0554% | 1h | 9.1224 | long leg | $99.3M | $59.2M | 10x | |
| Lighter UNI | +0.0616% | 1h | 9.1303 | +0.087% | $4.7M | $5.6M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0956% | 1h | 9.1049 | −0.192% | $932 | $47K | 10x | as long as short |
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
dYdX UNI-USD
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Coinbase International UNI-PERP-INTX
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Deribit UNI_USDC-PERPETUAL
Lighter UNI
Aftermath Perps UNIUSD