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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0172%/8h= +18.8% APRnext payment +$0.21 per $10,000 · paid last 24h +0.026%
Price spread now: Coinbase International against ApeX Omni+1.171%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs+$54as in the Price arb table
costs, in and out, $10k−$670.667% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.165%−$16 on $10k
Price spread, last 3 days (all we have)−0.902%−$90 · spread now +1.171%, 7d avg −0.038%
Together, before fees−1.067%−$107 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 1.210% dearer against ApeX Omni than usual: you sell high and buy low: +$121 more if the spread goes back to its 7-day average of −0.038%. Mind the row above: over the last 7 days funding on this pair cost −0.165%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni UNIUSDT9.13400.0100pay 0.0013% / 1h29m 30s$89K$708K50x
ShortCoinbase International UNI-PERP-INTX9.24100.0272get 0.0034% / 1h29m 30s$1.1M$4.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$36.12
Price spread: +1.171% → −0.038%
$120.97
Slippage, 4 orders
−$46.73
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$90.36
Costs to cover
0.667%
Break-even
from the start
Slippage from ApeX Omni: live order book, 44 min ago; Coinbase International: live order book, 4 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, 44 min ago10.58 bp18.0 bp −$1899.4 bp −$994doesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago4.93 bp16.1 bp −$1620.2 bp −$20260.2 bp −$6,021doesn'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
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h9.2424+1.186%$50K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−3.328%$660$154K12xas long as short
01 Exchange UNIUSD+0.0072%1h9.2321+1.074%$46110xas long as short
Nado UNI-PERP+0.0100%1h9.2292+1.043%$989K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.2404+1.165%$1.1M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.2343+1.098%$308K$586K10xas long as short
Binance UNIUSDT+0.0100%8h9.2456+1.222%$232.1M$595.5M75xas long as short
Bybit UNIUSDT+0.0100%8h9.2520+1.292%$104.4M$107.0M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.2520+1.292%$56.7M$258.8M50xas long as short
Arcus UNI-USD+0.0100%1h9.2350+1.106%$275K$616K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h9.2430+1.193%$23.4M$59.0M75xas long as short
MEXC UNI_USDT+0.0100%8h9.2470+1.237%$45.3M$23.9M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.2260+1.007%$13.9M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h9.2350+1.106%$33.9M$42.2M75xas long as short
BingX UNI-USDT+0.0100%8h9.2450+1.215%$54.7Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.2371+1.129%$1.1M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h9.2011+0.734%$4.2M$4.4Mas long as short
edgeX UNIUSDC+0.0100%4h9.1962+0.681%$173K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.2169+0.907%$649K$2.6M10xas long as short
ApeX Omni UNIUSDTlong+0.0100%1h9.1340long leg$89K$708K50x
StandX UNI-USD+0.0100%1h9.2310+1.062%$37K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.2377+1.135%$81K$383K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.2520+1.292%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.2399+1.159%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.2297+1.048%$22K$714K10xas long as short
HTX UNI-USDT+0.0100%8h9.2405+1.166%$733K$4.4M75xas long as short
Phemex UNIUSDT+0.0100%8h9.2300+1.051%$27.8M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.2179+0.919%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.2223+0.966%$306K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h9.2289+1.039%$33K3xas long as short
dYdX UNI-USD+0.0120%1h9.2197+0.939%$254K$8K10xas long as short
BloFin UNI-USDT+0.0220%8h9.2130+0.865%$10.3M$3.6M75xas long as short
Coinbase International UNI-PERP-INTXshort+0.0272%1h9.2410+1.171%$1.1M$4.9M50x
Deribit UNI_USDC-PERPETUAL+0.0318%1h9.2345+1.100%$595K$178K50xas long as short
Reya UNIRUSDPERP+0.0366%1h9.2335+1.090%$17K20xas long as short
Kraken Futures PF_UNIUSD+0.0380%1h9.2375+1.133%$5.2M$7.0M50xas long as short
GMX UNI/USD [UNI-USDC]L +0.0382% / S −0.0323%1h9.2434+1.197%$585K120xas long as short
Hyperliquid UNI+0.0525%1h9.2471+1.238%$101.9M$60.4M10xas long as short
Aftermath Perps UNIUSD+0.0934%1h9.1870+0.581%$953$49K10xas long as short
Lighter UNI+0.0944%1h9.2503+1.273%$4.7M$5.3M15xas long as short