Funding you earn now, next payment 21:00 UTC−0.0281%/8h= −30.8% APRnext payment −$0.35 per $10,000 · paid last 24h −0.028%
Price spread now: ApeX Omni against GMX−0.202%68s7-day average +0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.192%−$19 on $10k
+Price spread, last 3 days (all we have)+0.162%+$16 · spread now −0.202%, 7d avg +0.038%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and ApeX Omni is 0.239% cheaper against GMX than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.038%). Swap the legs. The two prices were read 68 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 | GMX UNI/USD [UNI-USDC] | 8.8478 | L +0.0381% / S −0.0321% | pay 0.0048% / 1h | 31m 45s | $554K | — | 120x |
| Short | ApeX Omni UNIUSDT | 8.8300 | 0.0100 | get 0.0013% / 1h | 31m 45s | $83K | $726K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$59.04
- Price spread: −0.202% → +0.038%
- −$23.93
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$104.97
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 17 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 17 min ago | 3.98 bp | 11.8 bp −$12 | 112.8 bp −$1,128 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0206% | 8h | 8.8156 | −0.364% | $3.9M | $4.9M | — | as long as short |
| Bybit UNIUSDT | −0.0203% | 8h | 8.8570 | +0.103% | $103.4M | $105.3M | 75x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.8489 | +0.012% | $61K | — | 150x | as long as short |
| OKX UNI-USDT-SWAP | +0.0005% | 8h | 8.8610 | +0.149% | $54.8M | $248.3M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0088% | 1h | 8.8546 | +0.076% | $442 | — | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8598 | +0.135% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8483 | +0.005% | $852K | $3.9M | 10x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.8698 | +0.248% | $96.3M | $59.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8580 | +0.115% | $1.1M | $3.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8630 | +0.171% | $299K | $564K | 10x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.8610 | +0.149% | $217.2M | $597.6M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8580 | +0.115% | $273K | $596K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8560 | +0.092% | $22.7M | $59.5M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8610 | +0.149% | $43.2M | $24.6M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8580 | +0.115% | $13.8M | $13.7M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8550 | +0.081% | $32.0M | $41.2M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8550 | +0.081% | — | $50.7M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8578 | +0.112% | $980K | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8246 | −0.262% | $166K | $343K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8241 | −0.268% | $619K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDTshort | +0.0100% | 1h | 8.8300 | −0.202% | $83K | $726K | 50x | |
| StandX UNI-USD | +0.0100% | 1h | 8.8320 | −0.179% | $105K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8500 | +0.024% | $89K | $341K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8530 | +0.058% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8511 | +0.037% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8550 | +0.081% | $25K | $670K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8697 | +0.247% | $704K | $4.2M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8570 | +0.103% | $26.7M | $4.3M | 50x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0103% | 1h | 8.8610 | +0.149% | $553K | $129K | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8487 | +0.010% | $308K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8506 | +0.032% | $31K | $1K | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0192% | 1h | 8.8620 | +0.160% | $1.0M | $5.4M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8560 | +0.092% | $9.8M | $3.3M | 75x | as long as short |
| dYdX UNI-USD | +0.0228% | 1h | 8.8619 | +0.159% | $245K | $5K | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0317% | 1h | 8.8617 | +0.156% | $5.0M | $7.4M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0358% | 1h | 8.8437 | −0.047% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC]long | L +0.0381% / S −0.0321% | 1h | 8.8478 | long leg | $554K | — | 120x | |
| Aftermath Perps UNIUSD | +0.0579% | 1h | 8.8318 | −0.181% | $1K | $51K | 10x | as long as short |
| Lighter UNI | +0.0640% | 1h | 8.8792 | +0.354% | $4.6M | $5.3M | 15x | as long as short |
| Injective UNI/USDC PERP | +0.4514% | 1h | 8.7900 | −0.654% | $657 | $97K | 12x | as long as short |
GMX UNI/USD [UNI-USDC]
ApeX Omni UNIUSDT
Variational Omni UNI
Bybit UNIUSDT
gTrade (Gains Network) UNI/USD
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Hyperliquid UNI
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
StandX UNI-USD
Polymarket Perps UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Deribit UNI_USDC-PERPETUAL
Extended UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Aftermath Perps UNIUSD
Lighter UNI
Injective UNI/USDC PERP