Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: StandX against ApeX Omni+0.407%61s7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as 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−$720.724% of the position

Long on ApeX Omni Short on StandX

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)+1.515%+$151 · spread now +0.407%, 7d avg 0.000%

Together, before fees+1.528%+ Points / potential airdropStandX: Active · farm board+$153 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: StandX is 0.406% dearer against ApeX Omni than usual: you sell high and buy low, +$41 on $10k if it goes back to its 7-day average of 0.000%. The two prices were read 61 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	8.8520	0.0100	pay 0.0013% / 1h	51m 50s	$89K	$709K	50x
Short	StandX UNI-USD	8.8880	0.0100	get 0.0013% / 1h	51m 50s	$15K	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now +0.407%Rate

Funding earned: $0
Price spread: +0.407% → 0.000%: $40.62
Slippage, 4 orders: −$54.43
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee StandX: 4 bp × 2 orders: −$8
Net: −$31.81
Costs to cover: 0.724%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 52 min ago; StandX: live order book, 2 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, 52 min ago	6.16 bp	13.5 bp −$13	97.6 bp −$976	doesn't fit	doesn't fit
Sell StandX live order book, 2 min ago	9.56 bp	19.1 bp −$19	40.4 bp −$404	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	8.8925	+0.458%	$4.7M	$8.6M	50x	as long as short
01 Exchange UNIUSD	−0.0048%	1h	8.8865	+0.390%	$443	$5	10x	as long as short
Nado UNI-PERP	−0.0027%	1h	8.8840	+0.362%	$740K	$4.7M	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.8882	+0.408%	$49K	—	150x	as long as short
Polymarket Perps UNI-USD	+0.0017%	1h	8.8838	+0.359%	$106K	$616K	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.249%	$660	$153K	12x	as long as short
Lighter UNI	+0.0096%	1h	8.9124	+0.682%	$4.5M	$5.5M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8723	+0.229%	$25K	—	20x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9113	+0.670%	$94.8M	$67.5M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8998	+0.540%	$728K	$3.6M	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	8.8979	+0.519%	$285K	$590K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8937	+0.471%	$214.9M	$657.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8900	+0.429%	$98.5M	$111.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8890	+0.418%	$54.2M	$265.1M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8910	+0.441%	$320K	$698K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8960	+0.497%	$25.4M	$65.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8930	+0.463%	$48.5M	$26.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8980	+0.520%	$13.0M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8990	+0.531%	$32.6M	$45.4M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.8940	+0.474%	—	$57.1M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8979	+0.519%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8409	−0.126%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8477	−0.049%	$167K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8728	+0.235%	$616K	$2.7M	10x	as long as short
ApeX Omni UNIUSDTlong	+0.0100%	1h	8.8520	long leg	$89K	$709K	50x
StandX UNI-USDshort	+0.0100%	1h	8.8880	+0.407%	$15K	$3.4M	20x
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8890	+0.418%	$16K	$2.1M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8811	+0.329%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8874	+0.400%	$32K	$888K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9104	+0.660%	$696K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8900	+0.429%	$26.8M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8951	+0.487%	$289K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8880	+0.407%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0111%	1h	8.8914	+0.445%	$586K	$250K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8950	+0.486%	$926K	$5.5M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8800	+0.316%	$10.0M	$3.6M	75x	as long as short
Reya UNIRUSDPERP	+0.0380%	1h	8.8807	+0.324%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.8888	+0.415%	$632K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0500%	1h	8.8744	+0.253%	$1K	$53K	10x	as long as short
dYdX UNI-USD	+0.0584%	1h	8.8840	+0.362%	$234K	$30K	10x	as long as short