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: edgeX against ApeX Omni+0.050%7-day average −0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$410.408% of the position

Long on ApeX Omni Short on edgeX

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.050%, 7d avg −0.056%

Together, before fees−0.015%+ Points / potential airdropedgeX: Active · farm board−$2 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 edgeX is 0.105% dearer against ApeX Omni than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni UNIUSDT	9.1070	−0.0060	get 0.0007% / 1h	53m 49s	$89K	$700K	50x
Short	edgeX UNIUSDC	9.1115	0.0100	get 0.0050% / 4h	1h 53m	$172K	$344K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee edgeXbpOrdersPrice spread, now +0.050%Rate

Funding earned: $33.5
Price spread: +0.050% → −0.056%: $10.54
Slippage, 4 orders: −$21.77
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $3.28
Costs to cover: 0.408%
Break-even: 6.3 days

Slippage from ApeX Omni: live order book, 10 min ago; edgeX: live order book, 9 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 ApeX Omni live order book, 10 min ago	5.98 bp	14.1 bp −$14	106.3 bp −$1,063	doesn't fit	doesn't fit
Sell edgeX live order book, 9 min ago	2.18 bp	6.7 bp −$7	18.7 bp −$187	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 UNIUSDTlong	−0.0060%	1h	9.1070	long leg	$89K	$700K	50x
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0945	−0.137%	$19K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.042%	$660	$154K	12x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0845	−0.247%	$950K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0997	−0.081%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1049	−0.023%	$297K	$564K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1135	+0.071%	$227.4M	$608.6M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1080	+0.011%	$102.5M	$107.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1020	−0.055%	$56.4M	$253.3M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1110	+0.044%	$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	+0.066%	$23.4M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1170	+0.110%	$49.5M	$24.9M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1140	+0.077%	$13.7M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1040	−0.033%	$33.4M	$42.5M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1130	+0.066%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0936	−0.147%	$992K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1840	+0.845%	$4.2M	$4.2M	—	as long as short
edgeX UNIUSDCshort	+0.0100%	4h	9.1115	+0.050%	$172K	$344K	20x
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1604	+0.587%	$642K	$2.6M	10x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1730	+0.725%	$57K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1007	−0.069%	$89K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1010	−0.066%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0988	−0.090%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1002	−0.075%	$22K	$730K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1118	+0.053%	$719K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0930	−0.154%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1024	−0.050%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1088	+0.020%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1039	−0.035%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0130%	1h	9.1055	−0.016%	$591K	$188K	50x	as long as short
01 Exchange UNIUSD	+0.0136%	1h	9.1093	+0.025%	$455	$5	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.1018	−0.057%	$5.1M	$7.1M	50x	as long as short
dYdX UNI-USD	+0.0270%	1h	9.1065	−0.006%	$240K	$30K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.1030	−0.044%	$1.1M	$4.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0369%	1h	9.0891	−0.196%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0945	−0.137%	$648K	—	120x	as long as short
Hyperliquid UNI	+0.0443%	1h	9.1211	+0.155%	$99.2M	$58.9M	10x	as long as short
Lighter UNI	+0.0584%	1h	9.1141	+0.078%	$4.8M	$5.5M	15x	as long as short
Aftermath Perps UNIUSD	+0.0933%	1h	9.1448	+0.415%	$878	$47K	10x	as long as short