Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SunX against ApeX Omni−0.293%73s7-day average −0.008% · 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−$620.620% of the position

Long on ApeX Omni Short on SunX

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)+0.826%+$83 · spread now −0.293%, 7d avg −0.008%

Together, before fees+0.839%+$84 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: SunX is 0.286% cheaper against ApeX Omni than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of −0.008%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni UNIUSDT	9.1050	0.0100	pay 0.0013% / 1h	40m 08s	$89K	$694K	50x
Short	SunX UNI-USDT	9.0783	0.0100	get 0.0100% / 8h	4h 40m	$37K	$1.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.293%Rate

Funding earned: $0
Price spread: −0.293% → −0.008%: −$28.56
Slippage, 4 orders: −$43.98
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$90.54
Costs to cover: 0.620%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 18 min ago; SunX: live order book, 14 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, 18 min ago	6.04 bp	13.2 bp −$13	93.6 bp −$936	doesn't fit	doesn't fit
Sell SunX live order book, 14 min ago	13.86 bp	17.9 bp −$18	36.6 bp −$366	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	9.0577	−0.519%	$580K	$193K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0573	−0.524%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.020%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	9.0880	−0.187%	$453	$5	10x	as long as short
dYdX UNI-USD	+0.0097%	1h	9.0923	−0.140%	$239K	$30K	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0785	−0.291%	$920K	$4.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0792	−0.283%	$1.0M	$3.0M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0946	−0.115%	$295K	$590K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0500	−0.604%	$223.3M	$631.4M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0430	−0.681%	$101.3M	$110.7M	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	−0.648%	$55.3M	$257.8M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0500	−0.604%	$287K	$629K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0420	−0.692%	$23.4M	$62.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0540	−0.560%	$48.2M	$25.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0570	−0.527%	$13.5M	$13.1M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0400	−0.714%	$33.4M	$44.3M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0420	−0.692%	—	$56.6M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0507	−0.596%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0778	−0.299%	$4.3M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1200	+0.165%	$172K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1003	−0.051%	$639K	$2.7M	10x	as long as short
ApeX Omni UNIUSDTlong	+0.0100%	1h	9.1050	long leg	$89K	$694K	50x
StandX UNI-USD	+0.0100%	1h	9.0870	−0.198%	$27K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0829	−0.243%	$87K	$422K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0560	−0.538%	$16K	$1.6M	10x	as long as short
SunX UNI-USDTshort	+0.0100%	8h	9.0783	−0.293%	$37K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	9.0510	−0.593%	$22K	$783K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0760	−0.319%	$718K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0480	−0.626%	$27.4M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0876	−0.191%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0489	−0.616%	$299K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0565	−0.533%	$32K	—	3x	as long as short
Lighter UNI	+0.0208%	1h	9.0613	−0.480%	$4.6M	$5.8M	15x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0940	−0.121%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.0630	−0.461%	$1.0M	$5.5M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.0546	−0.554%	$5.0M	$7.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0372%	1h	9.0754	−0.325%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0573	−0.524%	$645K	—	120x	as long as short
Hyperliquid UNI	+0.0438%	1h	9.0545	−0.555%	$98.3M	$61.9M	10x	as long as short
Aftermath Perps UNIUSD	+0.1069%	1h	9.0964	−0.094%	$910	$46K	10x	as long as short