Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against BingX+0.022%7-day average +0.092% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$460.457% of the position

Long on BingX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.094%+$9 on $10k

Price spread, last 4 days (all we have)−0.045%−$4 · spread now +0.022%, 7d avg +0.092%

Together, before fees+0.049%+$5 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: ApeX Omni is 0.070% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.092%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX UNI-USDT	8.9870	0.0100	pay 0.0100% / 8h	1h 54m	—	$57.3M	—
Short	ApeX Omni UNIUSDT	8.9890	0.0100	get 0.0013% / 1h	54m 47s	$90K	$708K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BingX. 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 BingXbpFee ApeX OmnibpOrdersPrice spread, now +0.022%Rate

Funding earned: $0
Price spread: +0.022% → +0.092%: −$7
Slippage, 4 orders: −$25.66
Fee BingX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$52.67
Costs to cover: 0.457%
Break-even: never at this rate

Slippage from BingX: live order book, 14 min ago; ApeX Omni: live order book, 54 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 BingX live order book, 14 min ago	3.34 bp	8.7 bp −$9	11.3 bp −$113	15.7 bp −$1,570	25.6 bp −$12.8K
Sell ApeX Omni live order book, 54 min ago	6.17 bp	14.3 bp −$14	112.1 bp −$1,121	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
Polymarket Perps UNI-USD	−0.0101%	1h	8.9986	+0.129%	$123K	$592K	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	9.0004	+0.149%	$4.7M	$8.6M	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	9.0002	+0.147%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.747%	$660	$153K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.0012	+0.158%	$449	$5	10x	as long as short
Nado UNI-PERP	+0.0086%	1h	8.9987	+0.131%	$772K	$4.7M	10x	as long as short
dYdX UNI-USD	+0.0089%	1h	8.9822	−0.053%	$236K	$31K	10x	as long as short
Lighter UNI	+0.0096%	1h	8.9940	+0.078%	$4.5M	$5.6M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9766	−0.116%	$26K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9827	−0.047%	$741K	$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	8.9820	−0.056%	$287K	$593K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9780	−0.100%	$217.4M	$659.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9770	−0.111%	$99.9M	$112.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9750	−0.134%	$54.8M	$267.5M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9880	+0.011%	$321K	$705K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9860	−0.011%	$24.8M	$65.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9820	−0.056%	$49.5M	$26.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9830	−0.045%	$13.2M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9780	−0.100%	$33.0M	$45.8M	75x	as long as short
BingX UNI-USDTlong	+0.0100%	8h	8.9870	long leg	—	$57.3M	—
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0040	+0.189%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9899	+0.033%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9923	+0.059%	$170K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9848	−0.024%	$623K	$2.7M	10x	as long as short
ApeX Omni UNIUSDTshort	+0.0100%	1h	8.9890	+0.022%	$90K	$708K	50x
StandX UNI-USD	+0.0100%	1h	8.9960	+0.100%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0000	+0.145%	$17K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0034	+0.182%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9970	+0.111%	$32K	$887K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0107	+0.264%	$707K	$5.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9960	+0.100%	$27.1M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9872	+0.002%	$299K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9978	+0.120%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0139%	1h	9.0042	+0.192%	$593K	$248K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0192%	1h	9.0070	+0.223%	$939K	$5.6M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9970	+0.111%	$10.2M	$3.7M	75x	as long as short
Reya UNIRUSDPERP	+0.0378%	1h	9.0000	+0.145%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	9.0000	+0.145%	$640K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0482%	1h	9.0054	+0.204%	$1K	$54K	10x	as long as short
Hyperliquid UNI	+0.0517%	1h	8.9958	+0.098%	$96.8M	$66.5M	10x	as long as short