Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0160%/8h= −17.5% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against edgeX−0.356%7-day average +0.056% · 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−$82as in the Price arb table

costs, in and out, $10k−$410.408% of the position

Long on edgeX Short on ApeX Omni

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)+0.334%+$33 · spread now −0.356%, 7d avg +0.056%

Together, before fees+0.321%+ Points / potential airdropedgeX: Active · farm board+$32 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and ApeX Omni is 0.411% cheaper against edgeX than usual: you would sell low and buy high (−$41 if the spread goes back to its 7-day average of +0.056%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX UNIUSDC	9.1395	0.0100	pay 0.0050% / 4h	1h 53m	$172K	$344K	20x
Short	ApeX Omni UNIUSDT	9.1070	−0.0060	pay 0.0007% / 1h	53m 37s	$89K	$700K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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 edgeXbpFee ApeX OmnibpOrdersPrice spread, now −0.356%Rate

Funding earned: −$33.5
Price spread: −0.356% → +0.056%: −$41.11
Slippage, 4 orders: −$21.77
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$115.38
Costs to cover: 0.408%
Break-even: never at this rate

Slippage from edgeX: live order book, 10 min ago; ApeX Omni: live order book, 10 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 edgeX live order book, 10 min ago	2.18 bp	6.8 bp −$7	14.7 bp −$147	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 10 min ago	5.98 bp	13.2 bp −$13	100.7 bp −$1,007	doesn't fit	doesn't fit

UNI on 39 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
ApeX Omni UNIUSDTshort	−0.0060%	1h	9.1070	−0.356%	$89K	$700K	50x
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0945	−0.492%	$19K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.386%	$660	$154K	12x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1035	−0.394%	$951K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1140	−0.279%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1108	−0.314%	$298K	$564K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1103	−0.319%	$227.3M	$608.1M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1030	−0.399%	$102.6M	$107.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1070	−0.356%	$56.4M	$252.6M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1220	−0.191%	$289K	$619K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.1130	−0.290%	$23.4M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1150	−0.268%	$49.5M	$24.9M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1100	−0.323%	$13.7M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1090	−0.334%	$33.4M	$42.5M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1140	−0.279%	—	$56.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0936	−0.502%	$992K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1840	+0.487%	$4.2M	$4.2M	—	as long as short
edgeX UNIUSDClong	+0.0100%	4h	9.1395	long leg	$172K	$344K	20x
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1604	+0.229%	$642K	$2.6M	10x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0940	−0.498%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1007	−0.424%	$89K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1010	−0.421%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0988	−0.445%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1002	−0.430%	$22K	$730K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1118	−0.303%	$719K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0930	−0.509%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1105	−0.318%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1048	−0.379%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1039	−0.390%	$32K	—	3x	as long as short
01 Exchange UNIUSD	+0.0128%	1h	9.1185	−0.230%	$455	$5	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0130%	1h	9.1055	−0.372%	$591K	$188K	50x	as long as short
dYdX UNI-USD	+0.0228%	1h	9.1084	−0.341%	$240K	$30K	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.1018	−0.412%	$5.1M	$7.1M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.1030	−0.399%	$1.1M	$4.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0369%	1h	9.0891	−0.551%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0945	−0.492%	$648K	—	120x	as long as short
Hyperliquid UNI	+0.0443%	1h	9.1211	−0.201%	$99.2M	$58.9M	10x	as long as short
Lighter UNI	+0.0624%	1h	9.1216	−0.196%	$4.8M	$5.5M	15x	as long as short
Aftermath Perps UNIUSD	+0.0933%	1h	9.1448	+0.058%	$878	$47K	10x	as long as short