Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against ApeX Omni−0.090%7-day average −0.072% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$550.547% of the position

Long on ApeX Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.073%−$7 on $10k

Price spread, last 4 days (all we have)−0.022%−$2 · spread now −0.090%, 7d avg −0.072%

Together, before fees−0.095%−$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni UNIUSDT	8.8490	0.0100	pay 0.0013% / 1h	57m 12s	$89K	$712K	50x
Short	Gate UNI_USDT	8.8410	0.0100	get 0.0100% / 8h	5h 57m	$27.8M	$54.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee GatebpOrdersPrice spread, now −0.090%Rate

Funding earned: $0
Price spread: −0.090% → −0.072%: −$1.87
Slippage, 4 orders: −$29.74
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$56.61
Costs to cover: 0.547%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 54 min ago; Gate: live order book, 5 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 ApeX Omni live order book, 54 min ago	6.27 bp	13.7 bp −$14	113.6 bp −$1,136	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	1.13 bp	13.7 bp −$14	22.2 bp −$222	34.4 bp −$3,444	56.8 bp −$28.4K

UNI on 40 exchanges

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 −0.0005%	1h	8.8410	−0.091%	$76K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.215%	$660	$147K	12x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0051%	1h	8.8446	−0.049%	$585K	$217K	50x	as long as short
Nado UNI-PERP	+0.0063%	1h	8.8375	−0.130%	$704K	$3.9M	10x	as long as short
Lighter UNI	+0.0096%	1h	8.8536	+0.052%	$4.4M	$4.8M	15x	as long as short
01 Exchange UNIUSD	+0.0096%	1h	8.8426	−0.072%	$441	$56	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8368	−0.138%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8460	−0.034%	$743K	$2.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8406	−0.094%	$288K	$467K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8402	−0.100%	$214.5M	$570.4M	75x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit UNIUSDT	+0.0100%	8h	8.8370	−0.136%	$97.8M	$97.6M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8370	−0.136%	$54.7M	$228.7M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8480	−0.011%	$324K	$529K	10x	as long as short
Gate UNI_USDTshort	+0.0100%	8h	8.8410	−0.090%	$27.8M	$54.7M	75x
MEXC UNI_USDT	+0.0100%	8h	8.8420	−0.079%	$46.2M	$20.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8400	−0.102%	$12.9M	$11.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8380	−0.124%	$32.9M	$42.5M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8410	−0.090%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8485	−0.006%	$1.1M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8404	−0.097%	$4.1M	$2.7M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8416	−0.084%	$167K	$347K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8423	−0.076%	$617K	$2.3M	10x	as long as short
ApeX Omni UNIUSDTlong	+0.0100%	1h	8.8490	long leg	$89K	$712K	50x
StandX UNI-USD	+0.0100%	1h	8.8450	−0.045%	$93K	$3.5M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8375	−0.130%	$105K	$574K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8360	−0.147%	$16K	$2.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8460	−0.034%	$36K	$1.2M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8399	−0.103%	$32K	$724K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8453	−0.042%	$699K	$4.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8400	−0.102%	$26.7M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8361	−0.146%	$299K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8385	−0.119%	$31K	—	3x	as long as short
Kraken Futures PF_UNIUSD	+0.0131%	1h	8.8462	−0.032%	$4.7M	$7.7M	50x	as long as short
Hyperliquid UNI	+0.0154%	1h	8.8514	+0.027%	$95.2M	$61.6M	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8400	−0.102%	$10.0M	$3.3M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0240%	1h	8.8500	+0.011%	$924K	$4.4M	50x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.8417	−0.083%	$629K	—	120x	as long as short
Reya UNIRUSDPERP	+0.0386%	1h	8.8355	−0.153%	$16K	—	20x	as long as short
Aftermath Perps UNIUSD	+0.0576%	1h	8.8455	−0.040%	$1K	$50K	10x	as long as short
dYdX UNI-USD	+0.0644%	1h	8.8393	−0.109%	$232K	$32K	10x	as long as short