Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against ApeX Omni−0.187%51s7-day average −0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as 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−$560.558% of the position

Long on ApeX Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.095%−$9 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.187%, 7d avg −0.077%

Together, before fees−0.021%−$2 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: Gate is 0.110% cheaper against ApeX Omni than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.077%. 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	ApeX Omni UNIUSDT	9.1050	0.0100	pay 0.0013% / 1h	40m 38s	$89K	$694K	50x
Short	Gate UNI_USDT	9.0880	0.0100	get 0.0100% / 8h	4h 40m	$23.5M	$62.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.187%Rate

Funding earned: $0
Price spread: −0.187% → −0.077%: −$10.99
Slippage, 4 orders: −$30.78
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$66.76
Costs to cover: 0.558%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 18 min ago; Gate: live order book, 3 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, 18 min ago	6.04 bp	13.2 bp −$13	93.6 bp −$936	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	1.64 bp	13.9 bp −$14	21.2 bp −$212	38.9 bp −$3,887	62.2 bp −$31.1K

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	9.0856	−0.213%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.020%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	9.0880	−0.187%	$453	$5	10x	as long as short
dYdX UNI-USD	+0.0097%	1h	9.0923	−0.140%	$239K	$30K	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0867	−0.200%	$921K	$4.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1090	+0.044%	$1.0M	$3.0M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0946	−0.115%	$295K	$590K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0948	−0.112%	$224.3M	$631.4M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0880	−0.187%	$101.9M	$110.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0890	−0.176%	$55.7M	$258.9M	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	9.0500	−0.604%	$287K	$629K	10x	as long as short
Gate UNI_USDTshort	+0.0100%	8h	9.0880	−0.187%	$23.5M	$62.9M	75x
MEXC UNI_USDT	+0.0100%	8h	9.0910	−0.154%	$48.4M	$25.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1010	−0.044%	$13.6M	$13.1M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0840	−0.231%	$33.5M	$44.3M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0860	−0.209%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0966	−0.092%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0778	−0.299%	$4.3M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1200	+0.165%	$172K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1003	−0.051%	$639K	$2.7M	10x	as long as short
ApeX Omni UNIUSDTlong	+0.0100%	1h	9.1050	long leg	$89K	$694K	50x
StandX UNI-USD	+0.0100%	1h	9.1140	+0.099%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0901	−0.164%	$87K	$421K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0860	−0.209%	$16K	$1.6M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0961	−0.098%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0896	−0.169%	$22K	$783K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0940	−0.121%	$719K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0920	−0.143%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0876	−0.191%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0809	−0.264%	$299K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0876	−0.191%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0121%	1h	9.0908	−0.156%	$582K	$193K	50x	as long as short
Lighter UNI	+0.0208%	1h	9.1038	−0.013%	$4.6M	$5.8M	15x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0940	−0.121%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.0950	−0.110%	$1.1M	$5.5M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.0932	−0.129%	$5.0M	$7.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0372%	1h	9.0761	−0.317%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0845	−0.226%	$647K	—	120x	as long as short
Hyperliquid UNI	+0.0458%	1h	9.1134	+0.092%	$99.0M	$61.9M	10x	as long as short
Aftermath Perps UNIUSD	+0.1057%	1h	9.0973	−0.085%	$910	$46K	10x	as long as short