Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against Gate+0.174%7-day average +0.075% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$540.542% of the position

Long on Gate Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.095%+$9 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now +0.174%, 7d avg +0.075%

Together, before fees+0.168%+$17 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 0.099% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.075%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UNI_USDT	9.1780	0.0100	pay 0.0100% / 8h	5h 59m	$23.5M	$58.4M	75x
Short	ApeX Omni UNIUSDT	9.1940	0.0100	get 0.0013% / 1h	59m 27s	$90K	$698K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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 GatebpFee ApeX OmnibpOrdersPrice spread, now +0.174%Rate

Funding earned: $0
Price spread: +0.174% → +0.075%: $9.94
Slippage, 4 orders: −$29.22
Fee Gate: 7.5 bp × 2 orders: −$15
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$44.28
Costs to cover: 0.542%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; ApeX Omni: live order book, 4 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 Gate live order book, 4 min ago	1.09 bp	11.5 bp −$12	21.0 bp −$210	45.6 bp −$4,565	71.5 bp −$35.7K
Sell ApeX Omni live order book, 4 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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	9.1629	−0.165%	$26K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.792%	$660	$154K	12x	as long as short
dYdX UNI-USD	+0.0074%	1h	9.1794	+0.016%	$242K	$30K	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1650	−0.142%	$964K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1783	+0.003%	$1.1M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1800	+0.022%	$300K	$564K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1709	−0.078%	$230.1M	$607.6M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1640	−0.153%	$102.9M	$107.3M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1650	−0.142%	$56.7M	$254.8M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1910	+0.142%	$291K	$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_USDTlong	+0.0100%	8h	9.1780	long leg	$23.5M	$58.4M	75x
MEXC UNI_USDT	+0.0100%	8h	9.1640	−0.153%	$49.7M	$24.9M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1690	−0.098%	$13.8M	$12.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1680	−0.109%	$33.6M	$42.2M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1830	+0.054%	—	$56.8M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1635	−0.158%	$1.0M	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1879	+0.108%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1882	+0.111%	$173K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1739	−0.045%	$638K	$2.6M	10x	as long as short
ApeX Omni UNIUSDTshort	+0.0100%	1h	9.1940	+0.174%	$90K	$698K	50x
StandX UNI-USD	+0.0100%	1h	9.1860	+0.087%	$57K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1702	−0.085%	$90K	$409K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1820	+0.044%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1889	+0.119%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1690	−0.098%	$22K	$727K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1840	+0.065%	$729K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1670	−0.120%	$27.7M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1704	−0.083%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1781	+0.001%	$304K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1785	+0.006%	$33K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0139%	1h	9.1828	+0.052%	$596K	$188K	50x	as long as short
01 Exchange UNIUSD	+0.0192%	1h	9.1772	−0.009%	$458	$5	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.1720	−0.065%	$1.1M	$4.7M	50x	as long as short
Hyperliquid UNI	+0.0313%	1h	9.1796	+0.017%	$99.9M	$59.2M	10x	as long as short
Reya UNIRUSDPERP	+0.0369%	1h	9.1626	−0.167%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1808	+0.030%	$654K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0418%	1h	9.1694	−0.093%	$5.1M	$6.9M	50x	as long as short
Lighter UNI	+0.0520%	1h	9.1970	+0.207%	$4.8M	$5.5M	15x	as long as short
Aftermath Perps UNIUSD	+0.0917%	1h	9.1694	−0.094%	$1K	$47K	10x	as long as short