Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0160%/8h= −17.5% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against HTX−0.053%76s7-day average −0.065% · 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—prices read too far apart to compare

costs, in and out, $10k−$610.608% of the position

Long on HTX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 3 days (all we have)−0.175%−$18 · spread now −0.053%, 7d avg −0.065%

Together, before fees−0.188%−$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.065%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. The two prices were read 76 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	HTX UNI-USDT	9.1118	0.0100	pay 0.0100% / 8h	5h 53m	$719K	$4.3M	75x
Short	ApeX Omni UNIUSDT	9.1070	−0.0060	pay 0.0007% / 1h	53m 43s	$89K	$700K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against HTX. 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 HTXbpFee ApeX OmnibpOrdersPrice spread, now −0.053%Rate

Funding earned: −$33.5
Price spread: −0.053% → −0.065%: $1.2
Slippage, 4 orders: −$38.78
Fee HTX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$93.08
Costs to cover: 0.608%
Break-even: never at this rate

Slippage from HTX: live order book, 5 min ago; ApeX Omni: live order book, 10 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 HTX live order book, 5 min ago	9.08 bp	18.1 bp −$18	73.6 bp −$736	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 10 min ago	5.98 bp	13.2 bp −$13	100.7 bp −$1,007	doesn't fit	doesn't fit

UNI on 39 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
ApeX Omni UNIUSDTshort	−0.0060%	1h	9.1070	−0.053%	$89K	$700K	50x
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0945	−0.190%	$19K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.093%	$660	$154K	12x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0845	−0.300%	$950K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0997	−0.133%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1049	−0.075%	$297K	$564K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1135	+0.019%	$227.4M	$608.6M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1080	−0.042%	$102.5M	$107.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1020	−0.108%	$56.4M	$253.3M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1110	−0.009%	$289K	$619K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.1130	+0.013%	$23.4M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1170	+0.057%	$49.5M	$24.9M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1140	+0.024%	$13.7M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1040	−0.086%	$33.4M	$42.5M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1130	+0.013%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0936	−0.200%	$992K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1840	+0.792%	$4.2M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1115	−0.003%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1604	+0.534%	$642K	$2.6M	10x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1730	+0.672%	$57K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1007	−0.122%	$89K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1010	−0.119%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0988	−0.143%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1002	−0.127%	$22K	$730K	10x	as long as short
HTX UNI-USDTlong	+0.0100%	8h	9.1118	long leg	$719K	$4.3M	75x
Phemex UNIUSDT	+0.0100%	8h	9.0930	−0.206%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1024	−0.103%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1088	−0.033%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1039	−0.087%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0130%	1h	9.1055	−0.069%	$591K	$188K	50x	as long as short
01 Exchange UNIUSD	+0.0136%	1h	9.1093	−0.027%	$455	$5	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.1018	−0.110%	$5.1M	$7.1M	50x	as long as short
dYdX UNI-USD	+0.0270%	1h	9.1065	−0.059%	$240K	$30K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.1030	−0.097%	$1.1M	$4.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0369%	1h	9.0891	−0.249%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0945	−0.190%	$648K	—	120x	as long as short
Hyperliquid UNI	+0.0443%	1h	9.1211	+0.102%	$99.2M	$58.9M	10x	as long as short
Lighter UNI	+0.0584%	1h	9.1141	+0.025%	$4.8M	$5.5M	15x	as long as short
Aftermath Perps UNIUSD	+0.0933%	1h	9.1448	+0.363%	$878	$47K	10x	as long as short