Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0196%/8h= −21.5% APRnext payment $0.24 per $10,000 · paid last 24h −0.033%
Price spread now: ApeX Omni against Coinbase International+0.799%75s7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.515% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.155%+$16 on $10k
Price spread, last 4 days (all we have)−1.076%−$108 · spread now +0.799%, 7d avg +0.041%
Together, before fees−0.921%−$92 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.758% dearer against Coinbase International than usual: you sell high and buy low (spread +0.799% now, against its 7-day average of +0.041%): +$76 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 13 days. Mind the row above: over the last 7 days funding on this pair paid +0.155%, so the current rate has only just turned against you. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International UNI-PERP-INTX9.13800.0296pay 0.0037% / 1h7m 37s$1.1M$5.4M50x
ShortApeX Omni UNIUSDT9.21100.0100get 0.0013% / 1h7m 37s$90K$694K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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

Funding earned
−$41.16
Price spread: +0.799% → +0.041%
$75.82
Slippage, 4 orders
−$31.5
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$16.84
Costs to cover
0.515%
Break-even
from the start
Slippage from Coinbase International: live order book, 1 min ago; ApeX Omni: live order book, 56 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 1 min ago6.55 bp11.6 bp −$1216.3 bp −$163doesn't fitdoesn't fit
Sell ApeX Omni live order book, 56 min ago5.98 bp13.2 bp −$13100.7 bp −$1,007doesn't fitdoesn't fit

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.1356−0.026%$37K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−3.371%$660$154K12xas long as short
01 Exchange UNIUSD+0.0056%1h9.1492+0.123%$457$510xas long as short
Nado UNI-PERP+0.0100%1h9.1438+0.063%$953K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.1144−0.258%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.1054−0.357%$296K$580K10xas long as short
Binance UNIUSDT+0.0100%8h9.1060−0.350%$225.5M$623.9M75xas long as short
Bybit UNIUSDT+0.0100%8h9.1020−0.394%$102.4M$110.3M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.1010−0.405%$56.4M$256.7M50xas long as short
Arcus UNI-USD+0.0100%1h9.1200−0.197%$289K$618K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h9.0960−0.460%$23.3M$62.1M75xas long as short
MEXC UNI_USDT+0.0100%8h9.1050−0.361%$49.0M$25.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.1060−0.350%$13.7M$13.0M75xas long as short
Bitget UNIUSDT+0.0100%8h9.1040−0.372%$33.5M$43.7M75xas long as short
BingX UNI-USDT+0.0100%8h9.1030−0.383%$56.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.1260−0.131%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h9.1627+0.270%$4.3M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h9.1809+0.469%$173K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.1990+0.668%$640K$2.7M10xas long as short
ApeX Omni UNIUSDTshort+0.0100%1h9.2110+0.799%$90K$694K50x
StandX UNI-USD+0.0100%1h9.2020+0.700%$57K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.1484+0.114%$88K$419K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.1350−0.033%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.1405+0.027%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.1360−0.022%$22K$784K10xas long as short
HTX UNI-USDT+0.0100%8h9.1426+0.050%$721K$4.5M75xas long as short
Phemex UNIUSDT+0.0100%8h9.1230−0.164%$27.6M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.1027−0.386%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.1050−0.361%$311K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.1129−0.274%$32K3xas long as short
dYdX UNI-USD+0.0118%1h9.1043−0.369%$240K$31K10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0199%1h9.1413+0.036%$585K$193K50xas long as short
BloFin UNI-USDT+0.0220%8h9.1490+0.120%$10.5M$3.6M75xas long as short
Kraken Futures PF_UNIUSD+0.0268%1h9.1400+0.022%$5.1M$7.7M50xas long as short
Coinbase International UNI-PERP-INTXlong+0.0296%1h9.1380long leg$1.1M$5.4M50x
Reya UNIRUSDPERP+0.0371%1h9.1430+0.055%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.1314−0.072%$651K120xas long as short
Hyperliquid UNI+0.0546%1h9.1118−0.287%$99.4M$61.7M10xas long as short
Lighter UNI+0.0560%1h9.1184−0.214%$4.6M$5.8M15xas long as short
Aftermath Perps UNIUSD+0.1030%1h9.1837+0.500%$922$47K10xas long as short