Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0003%/8h= −0.3% APRnext payment $0.00 per $10,000 · paid last 24h +0.035%
Price spread now: dYdX against ApeX Omni−0.140%50s7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$247as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2692.695% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.220%+$22 on $10k
Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.140%, 7d avg −0.057%
Together, before fees+0.391%+$39 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: dYdX is 0.082% cheaper against ApeX Omni than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.057%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni UNIUSDT9.10500.0100pay 0.0013% / 1h40m 11s$89K$694K50x
ShortdYdX UNI-USD9.09230.0097get 0.0012% / 1h40m 11s$239K$30K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against ApeX Omni. 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

Funding earned
−$0.54
Price spread: −0.140% → −0.057%
−$8.24
Slippage, 4 orders
−$249.46
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$278.24
Costs to cover
2.695%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 18 min ago; dYdX: live order book, 19 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 18 min ago6.04 bp13.2 bp −$1393.6 bp −$936doesn't fitdoesn't fit
Sell dYdX live order book, 19 min ago31.23 bp206.9 bp −$207209.7 bp −$2,097217.5 bp −$21.8K478.8 bp −$239.4K

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit UNI_USDC-PERPETUAL0.0000%1h9.0577−0.519%$580K$193K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.0573−0.524%$37K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−3.020%$660$154K12xas long as short
01 Exchange UNIUSD+0.0064%1h9.0880−0.187%$453$510xas long as short
dYdX UNI-USDshort+0.0097%1h9.0923−0.140%$239K$30K10x
Nado UNI-PERP+0.0100%1h9.0785−0.291%$920K$4.4M10xas long as short
Aster UNIUSDT+0.0100%8h9.0792−0.283%$1.0M$3.0M50xas long as short
Pacifica UNI+0.0100%1h9.0946−0.115%$295K$590K10xas long as short
Binance UNIUSDT+0.0100%8h9.0500−0.604%$223.3M$631.4M75xas long as short
Bybit UNIUSDT+0.0100%8h9.0430−0.681%$101.3M$110.7M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX UNI-USDT-SWAP+0.0100%8h9.0460−0.648%$55.3M$257.8M50xas long as short
Arcus UNI-USD+0.0100%1h9.0500−0.604%$287K$629K10xas long as short
Gate UNI_USDT+0.0100%8h9.0420−0.692%$23.4M$62.9M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0540−0.560%$48.2M$25.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0570−0.527%$13.5M$13.1M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0400−0.714%$33.4M$44.3M75xas long as short
BingX UNI-USDT+0.0100%8h9.0420−0.692%$56.6Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.0507−0.596%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h9.0778−0.299%$4.3M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h9.1200+0.165%$172K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.1003−0.051%$639K$2.7M10xas long as short
ApeX Omni UNIUSDTlong+0.0100%1h9.1050long leg$89K$694K50x
StandX UNI-USD+0.0100%1h9.0870−0.198%$27K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0829−0.243%$87K$422K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0560−0.538%$16K$1.6M10xas long as short
SunX UNI-USDT+0.0100%8h9.0783−0.293%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.0510−0.593%$22K$783K10xas long as short
HTX UNI-USDT+0.0100%8h9.0760−0.319%$718K$4.5M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0480−0.626%$27.4M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0876−0.191%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.0489−0.616%$299K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0565−0.533%$32K3xas long as short
Lighter UNI+0.0208%1h9.0613−0.480%$4.6M$5.8M15xas long as short
BloFin UNI-USDT+0.0220%8h9.0940−0.121%$10.3M$3.6M75xas long as short
Coinbase International UNI-PERP-INTX+0.0248%1h9.0630−0.461%$1.0M$5.5M50xas long as short
Kraken Futures PF_UNIUSD+0.0270%1h9.0546−0.554%$5.0M$7.9M50xas long as short
Reya UNIRUSDPERP+0.0372%1h9.0754−0.325%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0573−0.524%$645K120xas long as short
Hyperliquid UNI+0.0438%1h9.0545−0.555%$98.3M$61.9M10xas long as short
Aftermath Perps UNIUSD+0.1069%1h9.0964−0.094%$910$46K10xas long as short