Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: ApeX Omni against StandX+0.408%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$670.670% of the position

Long on StandX Short on ApeX Omni

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)−1.108%−$111 · spread now +0.408%, 7d avg +0.003%

Together, before fees−1.121%+ Points / potential airdropStandX: Active · farm board−$112 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 0.405% dearer against StandX than usual: you sell high and buy low, +$41 on $10k if it goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX UNI-USD	9.0670	0.0100	pay 0.0013% / 1h	57m 26s	$16K	$3.4M	20x
Short	ApeX Omni UNIUSDT	9.1040	0.0100	get 0.0013% / 1h	57m 26s	$96K	$701K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against StandX. 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 StandXbpFee ApeX OmnibpOrdersPrice spread, now +0.408%Rate

Funding earned: $0
Price spread: +0.408% → +0.003%: $40.52
Slippage, 4 orders: −$48.97
Fee StandX: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$26.45
Costs to cover: 0.670%
Break-even: never at this rate

Slippage from StandX: live order book, 2 min ago; ApeX Omni: live order book, 61 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 StandX live order book, 2 min ago	6.61 bp	12.0 bp −$12	31.0 bp −$310	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 61 min ago	6.04 bp	13.1 bp −$13	94.4 bp −$944	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
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	9.0621	−0.054%	$581K	$208K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0599	−0.078%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.614%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0080%	1h	9.0506	−0.181%	$452	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0495	−0.193%	$969K	$4.4M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0578	−0.101%	$98.0M	$62.5M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0596	−0.082%	$815K	$3.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0546	−0.137%	$293K	$602K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0480	−0.210%	$222.3M	$640.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0460	−0.232%	$101.7M	$111.5M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0460	−0.232%	$55.1M	$261.6M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0620	−0.055%	$316K	$653K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0490	−0.199%	$23.6M	$63.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0540	−0.143%	$47.7M	$25.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0550	−0.132%	$13.5M	$13.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0460	−0.232%	$33.3M	$45.1M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0520	−0.165%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0619	−0.056%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0909	+0.264%	$4.3M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0917	+0.273%	$171K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0816	+0.161%	$643K	$2.8M	10x	as long as short
ApeX Omni UNIUSDTshort	+0.0100%	1h	9.1040	+0.408%	$96K	$701K	50x
StandX UNI-USDlong	+0.0100%	1h	9.0670	long leg	$16K	$3.4M	20x
Polymarket Perps UNI-USD	+0.0100%	1h	9.0496	−0.192%	$86K	$430K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0580	−0.099%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0709	+0.043%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0580	−0.099%	$22K	$792K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0760	+0.099%	$730K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0600	−0.077%	$27.4M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0489	−0.200%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0435	−0.259%	$293K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0581	−0.098%	$32K	—	3x	as long as short
Lighter UNI	+0.0136%	1h	9.0675	+0.006%	$4.6M	$5.8M	15x	as long as short
Coinbase International UNI-PERP-INTX	+0.0216%	1h	9.0740	+0.077%	$950K	$5.9M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0930	+0.287%	$10.3M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	9.0637	−0.037%	$5.0M	$8.0M	50x	as long as short
dYdX UNI-USD	+0.0291%	1h	9.0522	−0.163%	$238K	$30K	10x	as long as short
Reya UNIRUSDPERP	+0.0373%	1h	9.0462	−0.229%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0616	−0.060%	$645K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0895%	1h	9.0784	+0.126%	$923	$46K	10x	as long as short