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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0161%/8h= −17.6% APRnext payment $0.20 per $10,000 · paid last 24h +0.028%
Price spread now: Kraken Futures against ApeX Omni+1.010%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs+$47as in the Price arb table
costs, in and out, $10k−$540.543% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.166%+$17 on $10k
Price spread, last 4 days (all we have)−0.426%−$43 · spread now +1.010%, 7d avg −0.005%
Together, before fees−0.260%−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 1.015% dearer against ApeX Omni than usual: you sell high and buy low (spread +1.010% now, against its 7-day average of −0.005%): +$101 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 21 days. Mind the row above: over the last 7 days funding on this pair paid +0.166%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni UNIUSDT8.93600.0100pay 0.0013% / 1h21m 04s$90K$711K50x
ShortKraken Futures PF_UNIUSD9.0263−0.0061pay 0.0008% / 1h21m 04s$4.8M$8.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$33.83
Price spread: +1.010% → −0.005%
$101.5
Slippage, 4 orders
−$34.29
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$13.38
Costs to cover
0.543%
Break-even
from the start
Slippage from ApeX Omni: live order book, 13 min ago; Kraken Futures: live order book, 3 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, 13 min ago6.18 bp13.8 bp −$14116.4 bp −$1,164doesn't fitdoesn't fit
Sell Kraken Futures live order book, 3 min ago3.92 bp13.3 bp −$1314.3 bp −$14344.7 bp −$4,467doesn't fit

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
Kraken Futures PF_UNIUSDshort−0.0061%1h9.0263+1.010%$4.8M$8.5M50x
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.9875+0.576%$77K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.186%$660$153K12xas long as short
Nado UNI-PERP+0.0073%1h8.9930+0.638%$724K$4.5M10xas long as short
Phemex UNIUSDT+0.0083%8h9.0110+0.839%$27.2M$4.4M50xas long as short
01 Exchange UNIUSD+0.0088%1h8.9957+0.668%$475$3110xas long as short
Lighter UNI+0.0096%1h9.0259+1.006%$4.5M$5.5M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9897+0.601%$26K20xas long as short
Aster UNIUSDT+0.0100%8h9.0093+0.820%$737K$3.2M50xas long as short
Pacifica UNI+0.0100%1h8.9914+0.620%$290K$562K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9993+0.708%$217.7M$646.0M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9970+0.683%$99.9M$109.2M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9980+0.694%$55.1M$261.6M50xas long as short
Arcus UNI-USD+0.0100%1h9.0040+0.761%$326K$704K10xas long as short
Gate UNI_USDT+0.0100%8h9.0140+0.873%$27.2M$63.0M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0130+0.862%$47.8M$25.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0160+0.895%$13.2M$13.1M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9960+0.671%$33.7M$45.9M75xas long as short
BingX UNI-USDT+0.0100%8h9.0120+0.850%$58.2Mas long as short
Variational Omni UNI+0.0100%8h8.8538−0.920%$4.1M$4.0Mas long as short
edgeX UNIUSDC+0.0100%4h8.9284−0.086%$169K$347K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9510+0.168%$628K$2.6M10xas long as short
ApeX Omni UNIUSDTlong+0.0100%1h8.9360long leg$90K$711K50x
StandX UNI-USD+0.0100%1h8.9810+0.504%$22K$3.5M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0026+0.745%$105K$615K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0100+0.828%$17K$2.4M10xas long as short
SunX UNI-USDT+0.0100%8h9.0107+0.836%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.0135+0.867%$32K$897K10xas long as short
HTX UNI-USDT+0.0100%8h9.0225+0.968%$714K$4.6M75xas long as short
Extended UNI-USD+0.0104%1h9.0108+0.837%$298K$1.8M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0130+0.862%$32K3xas long as short
Hyperliquid UNI+0.0165%1h9.0186+0.924%$96.7M$67.1M10xas long as short
Backpack UNI_USDC_PERP+0.0177%1h9.0243+0.988%$1.1M$2.5M10xas long as short
Coinbase International UNI-PERP-INTX+0.0208%1h9.0160+0.895%$955K$5.5M50xas long as short
BloFin UNI-USDT+0.0220%8h9.0130+0.862%$10.4M$3.7M75xas long as short
Deribit UNI_USDC-PERPETUAL+0.0265%1h9.0205+0.946%$597K$274K50xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0147+0.881%$640K120xas long as short
Reya UNIRUSDPERP+0.0383%1h8.9984+0.698%$16K20xas long as short
Aftermath Perps UNIUSD+0.0433%1h8.9265−0.106%$1K$51K10xas long as short
dYdX UNI-USD+0.0554%1h8.9966+0.678%$236K$32K10xas long as short