Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%

Price spread now: MEXC against ApeX Omni−0.470%51s7-day average −0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as 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−$370.372% of the position

Long on ApeX Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 4 days (all we have)+0.224%+$22 · spread now −0.470%, 7d avg −0.063%

Together, before fees+0.171%+$17 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: MEXC is 0.407% cheaper against ApeX Omni than usual: you would sell low and buy high, −$41 on $10k if it goes back to its 7-day average of −0.063%. 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	9.1490	0.0100	pay 0.0013% / 1h	28m 45s	$90K	$694K	50x
Short	MEXC UNI_USDT	9.1060	0.0100	get 0.0100% / 8h	5h 28m	$49.1M	$25.1M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.470%Rate

Funding earned: $0
Price spread: −0.470% → −0.063%: −$40.68
Slippage, 4 orders: −$23.17
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$77.85
Costs to cover: 0.372%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 35 min ago; MEXC: live order book, 5 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, 35 min ago	5.98 bp	14.1 bp −$14	106.3 bp −$1,063	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.55 bp	3.0 bp −$3	6.6 bp −$66	35.7 bp −$3,565	181.0 bp −$90.5K

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 −0.0008%	1h	9.1224	−0.290%	$28K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.487%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.1175	−0.344%	$455	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1147	−0.374%	$943K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1201	−0.316%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1072	−0.457%	$297K	$567K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1040	−0.492%	$226.6M	$609.4M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0970	−0.568%	$102.4M	$108.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0990	−0.547%	$56.1M	$252.0M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1090	−0.437%	$288K	$614K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.1120	−0.404%	$23.4M	$59.8M	75x	as long as short
MEXC UNI_USDTshort	+0.0100%	8h	9.1060	−0.470%	$49.1M	$25.1M	200x
KuCoin UNIUSDTM	+0.0100%	8h	9.1040	−0.492%	$13.6M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1000	−0.536%	$33.3M	$42.6M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0990	−0.547%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1142	−0.380%	$990K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1396	−0.102%	$4.3M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1129	−0.394%	$172K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1340	−0.164%	$635K	$2.6M	10x	as long as short
ApeX Omni UNIUSDTlong	+0.0100%	1h	9.1490	long leg	$90K	$694K	50x
StandX UNI-USD	+0.0100%	1h	9.1170	−0.350%	$40K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1218	−0.297%	$88K	$412K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1170	−0.350%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1212	−0.304%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1140	−0.383%	$22K	$760K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1278	−0.232%	$715K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1150	−0.372%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1000	−0.535%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0955	−0.585%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1171	−0.348%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0118%	1h	9.1052	−0.479%	$240K	$30K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0157%	1h	9.1236	−0.278%	$584K	$194K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1150	−0.372%	$10.4M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.1192	−0.326%	$5.1M	$7.3M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.1270	−0.240%	$1.1M	$5.1M	50x	as long as short
Reya UNIRUSDPERP	+0.0370%	1h	9.1168	−0.352%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1221	−0.294%	$649K	—	120x	as long as short
Hyperliquid UNI	+0.0521%	1h	9.1238	−0.275%	$98.9M	$59.9M	10x	as long as short
Lighter UNI	+0.0600%	1h	9.1169	−0.351%	$4.7M	$5.7M	15x	as long as short
Aftermath Perps UNIUSD	+0.0947%	1h	9.1266	−0.245%	$926	$47K	10x	as long as short