Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.033%
Price spread now: BloFin against ApeX Omni+0.282%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$490.491% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.193%+$19 on $10k
Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.282%, 7d avg −0.056%
Together, before fees+0.049%+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.338% dearer against ApeX Omni than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of −0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni UNIUSDT8.86700.0100pay 0.0013% / 1h16m 31s$89K$709K50x
ShortBloFin UNI-USDT8.89200.0220get 0.0220% / 8h16m 31s$10.1M$3.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$25.2
Price spread: +0.282% → −0.056%
$33.83
Slippage, 4 orders
−$27.12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$9.91
Costs to cover
0.491%
Break-even
4.2 days
Slippage from ApeX Omni: live order book, 22 min ago; BloFin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 22 min ago5.07 bp12.4 bp −$1297.7 bp −$977doesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago1.13 bp13.2 bp −$1318.5 bp −$18550.8 bp −$5,077doesn't fit

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_UNIUSD−0.0305%1h8.8975+0.344%$4.7M$8.6M50xas long as short
01 Exchange UNIUSD−0.0008%1h8.8825+0.175%$443$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.8909+0.269%$73K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.417%$660$153K12xas long as short
Nado UNI-PERP+0.0037%1h8.8730+0.068%$727K$4.7M10xas long as short
Polymarket Perps UNI-USD+0.0086%1h8.8781+0.125%$105K$615K10xas long as short
Lighter UNI+0.0096%1h8.8899+0.258%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8741+0.080%$25K20xas long as short
Hyperliquid UNI+0.0100%1h8.8892+0.250%$94.7M$67.7M10xas long as short
Aster UNIUSDT+0.0100%8h8.8840+0.191%$722K$3.3M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.8810+0.158%$287K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.8775+0.119%$215.0M$652.6M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8760+0.101%$98.3M$110.5M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8750+0.090%$54.4M$261.7M50xas long as short
Arcus UNI-USD+0.0100%1h8.8860+0.214%$317K$690K10xas long as short
Gate UNI_USDT+0.0100%8h8.8800+0.147%$26.1M$66.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8810+0.158%$48.1M$26.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8820+0.169%$13.0M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8760+0.101%$32.5M$45.3M75xas long as short
BingX UNI-USDC+0.0100%8h8.8780+0.124%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9024+0.399%$1.1M$2.5M10xas long as short
Variational Omni UNI+0.0100%8h8.8330−0.384%$4.1M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h8.8604−0.074%$168K$347K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8706+0.040%$615K$2.6M10xas long as short
ApeX Omni UNIUSDTlong+0.0100%1h8.8670long leg$89K$709K50x
StandX UNI-USD+0.0100%1h8.86700.000%$14K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8890+0.248%$16K$2.2M10xas long as short
SunX UNI-USDT+0.0100%8h8.8965+0.333%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8902+0.262%$32K$886K10xas long as short
HTX UNI-USDT+0.0100%8h8.8947+0.312%$702K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8860+0.214%$26.8M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8750+0.090%$286K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8916+0.277%$32K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0200%1h8.8976+0.345%$590K$270K50xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8900+0.259%$925K$5.4M50xas long as short
BloFin UNI-USDTshort+0.0220%8h8.8920+0.282%$10.1M$3.6M75x
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8914+0.275%$633K120xas long as short
Reya UNIRUSDPERP+0.0381%1h8.8850+0.203%$16K20xas long as short
Aftermath Perps UNIUSD+0.0393%1h8.8578−0.104%$1K$52K10xas long as short
dYdX UNI-USD+0.0567%1h8.8792+0.138%$234K$30K10xas long as short