Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: ApeX Omni against Nado+0.644%61s7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$410.412% of the position

Long on Nado Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.004%$0 on $10k

Price spread, last 4 days (all we have)−1.486%−$149 · spread now +0.644%, 7d avg +0.083%

Together, before fees−1.483%+ Points / potential airdropNado: Active · farm board−$148 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: ApeX Omni is 0.560% dearer against Nado than usual: you sell high and buy low, +$56 on $10k if it goes back to its 7-day average of +0.083%. The two prices were read 61 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	Nado UNI-PERP	9.0895	0.0100	pay 0.0012% / 1h	4m 15s	$939K	$4.3M	10x
Short	ApeX Omni UNIUSDT	9.1480	0.0100	get 0.0013% / 1h	4m 15s	$89K	$695K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Nado. 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 NadobpFee ApeX OmnibpOrdersPrice spread, now +0.644%Rate

Funding earned: $0
Price spread: +0.644% → +0.083%: $56.04
Slippage, 4 orders: −$24.16
Fee Nado: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $14.88
Costs to cover: 0.412%
Break-even: from the start

Slippage from Nado: live order book, 5 min ago; ApeX Omni: live order book, 59 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 Nado live order book, 5 min ago	1.58 bp	6.6 bp −$7	15.6 bp −$156	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 59 min ago	5.98 bp	13.2 bp −$13	100.7 bp −$1,007	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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0957	+0.068%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.855%	$660	$154K	12x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0052%	1h	9.0944	+0.054%	$582K	$193K	50x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.0977	+0.090%	$454	$5	10x	as long as short
Nado UNI-PERPlong	+0.0100%	1h	9.0895	long leg	$939K	$4.3M	10x
Aster UNIUSDT	+0.0100%	8h	9.1013	+0.129%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0983	+0.097%	$296K	$580K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0950	+0.061%	$225.2M	$624.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0890	−0.006%	$102.2M	$110.5M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0880	−0.017%	$55.9M	$257.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.1030	+0.149%	$288K	$618K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0930	+0.039%	$23.2M	$62.4M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0930	+0.039%	$49.1M	$25.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0930	+0.039%	$13.7M	$13.0M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0940	+0.050%	$33.4M	$43.7M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0930	+0.039%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1143	+0.273%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0827	−0.074%	$4.3M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1073	+0.196%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1500	+0.666%	$637K	$2.7M	10x	as long as short
ApeX Omni UNIUSDTshort	+0.0100%	1h	9.1480	+0.644%	$89K	$695K	50x
StandX UNI-USD	+0.0100%	1h	9.1110	+0.237%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0959	+0.070%	$87K	$421K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0900	+0.006%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1017	+0.134%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0940	+0.050%	$22K	$790K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1116	+0.243%	$704K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1090	+0.215%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0925	+0.033%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0852	−0.047%	$303K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0943	+0.053%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0119%	1h	9.0962	+0.073%	$239K	$32K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1070	+0.193%	$10.4M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.1028	+0.147%	$5.1M	$7.7M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.0980	+0.094%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0371%	1h	9.0866	−0.032%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0939	+0.048%	$647K	—	120x	as long as short
Hyperliquid UNI	+0.0546%	1h	9.1049	+0.169%	$99.3M	$61.7M	10x	as long as short
Lighter UNI	+0.0568%	1h	9.1082	+0.206%	$4.6M	$5.8M	15x	as long as short
Aftermath Perps UNIUSD	+0.1029%	1h	9.1375	+0.529%	$954	$47K	10x	as long as short