Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: ApeX Omni against Pacifica+0.011%51s7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as 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−$430.430% of the position

Long on Pacifica Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.009%−$1 on $10k

Price spread, last 3 days (all we have)−0.080%−$8 · spread now +0.011%, 7d avg +0.050%

Together, before fees−0.089%+ Points / potential airdropPacifica: Active · farm board−$9 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 0.039% cheaper against Pacifica than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.050%. The two prices were read 51 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	Pacifica UNI	8.8000	0.0100	pay 0.0013% / 1h	3m 57s	$299K	$565K	10x
Short	ApeX Omni UNIUSDT	8.8010	0.0100	get 0.0013% / 1h	3m 57s	$83K	$713K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Pacifica. 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 PacificabpFee ApeX OmnibpOrdersPrice spread, now +0.011%Rate

Funding earned: $0
Price spread: +0.011% → +0.050%: −$3.92
Slippage, 4 orders: −$25.03
Fee Pacifica: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$46.94
Costs to cover: 0.430%
Break-even: never at this rate

Slippage from Pacifica: live order book, 20 min ago; ApeX Omni: live order book, 20 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 Pacifica live order book, 20 min ago	0.56 bp	6.6 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 20 min ago	5.05 bp	13.1 bp −$13	88.5 bp −$885	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
Variational Omni UNI	−0.0110%	8h	8.7751	−0.283%	$3.9M	$4.7M	—	as long as short
Bybit UNIUSDT	−0.0061%	8h	8.7930	−0.080%	$100.3M	$106.2M	75x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.7989	−0.013%	$79K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0032%	8h	8.7940	−0.068%	$54.4M	$245.8M	50x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	8.8015	+0.017%	$439	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0085%	1h	8.8021	+0.024%	$562K	$155K	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.7956	−0.050%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.7982	−0.020%	$849K	$4.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8029	+0.033%	$1.0M	$3.4M	50x	as long as short
Pacifica UNIlong	+0.0100%	1h	8.8000	long leg	$299K	$565K	10x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.7970	−0.034%	$215.1M	$597.5M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8050	+0.057%	$271K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.7950	−0.057%	$22.8M	$59.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.7980	−0.023%	$42.5M	$24.9M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.7960	−0.046%	$13.3M	$13.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.7960	−0.046%	$31.9M	$41.6M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.7960	−0.046%	—	$52.1M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.7997	−0.003%	$978K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8113	+0.128%	$166K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8116	+0.132%	$612K	$2.6M	10x	as long as short
ApeX Omni UNIUSDTshort	+0.0100%	1h	8.8010	+0.011%	$83K	$713K	50x
StandX UNI-USD	+0.0100%	1h	8.7940	−0.068%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.7970	−0.034%	$86K	$347K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.7960	−0.046%	$15K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8016	+0.018%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.7961	−0.044%	$25K	$668K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8087	+0.099%	$719K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.7980	−0.023%	$26.5M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.7933	−0.076%	$300K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.7982	−0.021%	$31K	$1K	3x	as long as short
dYdX UNI-USD	+0.0192%	1h	8.8007	+0.007%	$244K	$6K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8070	+0.079%	$1.0M	$5.3M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.7970	−0.034%	$9.8M	$3.4M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	8.8028	+0.031%	$4.9M	$7.2M	50x	as long as short
Hyperliquid UNI	+0.0327%	1h	8.8093	+0.106%	$96.3M	$59.9M	10x	as long as short
Reya UNIRUSDPERP	+0.0361%	1h	8.7940	−0.068%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.7968	−0.037%	$552K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0593%	1h	8.8173	+0.197%	$1K	$50K	10x	as long as short
Lighter UNI	+0.0624%	1h	8.8146	+0.166%	$4.5M	$5.4M	15x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−0.114%	$657	$97K	12x	as long as short