UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.03 per $10,000 · paid last 24h −0.003%

Price spread now: Polymarket Perps against ApeX Omni+0.525%63s7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as 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−$410.413% of the position

Long on ApeX Omni Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.069%−$7 on $10k

Price spread, last 4 days (all we have)+1.413%+$141 · spread now +0.525%, 7d avg −0.032%

Together, before fees+1.345%+$134 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.557% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.525% now, against its 7-day average of −0.032%): +$56 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months. The two prices were read 63 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	8.8200	0.0100	pay 0.0013% / 1h	18m 21s	$89K	$709K	50x
Short	Polymarket Perps UNI-USD	8.8663	0.0077	get 0.0010% / 1h	18m 21s	$105K	$615K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.525%Rate

Funding earned: −$4.89
Price spread: +0.525% → −0.032%: $55.67
Slippage, 4 orders: −$23.33
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $9.45
Costs to cover: 0.413%
Break-even: from the start

Slippage from ApeX Omni: live order book, 20 min ago; Polymarket Perps: live order book, 19 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, 20 min ago	5.07 bp	12.4 bp −$12	97.7 bp −$977	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 19 min ago	2.37 bp	6.4 bp −$6	6.8 bp −$68	doesn't fit	doesn't fit

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
Kraken Futures PF_UNIUSD	−0.0306%	1h	8.8777	+0.654%	$4.7M	$8.6M	50x	as long as short
01 Exchange UNIUSD	−0.0008%	1h	8.8701	+0.568%	$443	$5	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	8.8699	+0.565%	$73K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	+0.113%	$660	$153K	12x	as long as short
Nado UNI-PERP	+0.0041%	1h	8.8580	+0.431%	$725K	$4.7M	10x	as long as short
Polymarket Perps UNI-USDshort	+0.0077%	1h	8.8663	+0.525%	$105K	$615K	10x
Lighter UNI	+0.0096%	1h	8.8712	+0.580%	$4.4M	$5.6M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8605	+0.459%	$25K	—	20x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.8742	+0.615%	$94.5M	$67.6M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8700	+0.567%	$721K	$3.3M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.8640	+0.499%	$287K	$591K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8670	+0.533%	$214.8M	$652.6M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8670	+0.533%	$98.2M	$110.6M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8670	+0.533%	$54.3M	$261.5M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8730	+0.601%	$317K	$690K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8670	+0.533%	$26.1M	$66.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8660	+0.522%	$48.0M	$26.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8650	+0.510%	$13.0M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8660	+0.522%	$32.4M	$45.2M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.8650	+0.510%	—	$58.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8799	+0.679%	$1.0M	$2.5M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8330	+0.147%	$4.1M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8146	−0.061%	$167K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8389	+0.215%	$613K	$2.6M	10x	as long as short
ApeX Omni UNIUSDTlong	+0.0100%	1h	8.8200	long leg	$89K	$709K	50x
StandX UNI-USD	+0.0100%	1h	8.8670	+0.533%	$14K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8690	+0.556%	$16K	$2.2M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8747	+0.620%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8681	+0.545%	$32K	$886K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8780	+0.658%	$701K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8710	+0.578%	$26.8M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8645	+0.505%	$285K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8705	+0.573%	$31K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0143%	1h	8.8760	+0.635%	$588K	$270K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8790	+0.669%	$925K	$5.4M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8680	+0.544%	$10.1M	$3.6M	75x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.8697	+0.564%	$631K	—	120x	as long as short
Reya UNIRUSDPERP	+0.0381%	1h	8.8618	+0.474%	$16K	—	20x	as long as short
Aftermath Perps UNIUSD	+0.0395%	1h	8.8507	+0.348%	$1K	$52K	10x	as long as short
dYdX UNI-USD	+0.0562%	1h	8.8633	+0.491%	$233K	$30K	10x	as long as short