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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: ApeX Omni against Pacifica−0.480%51s7-day average +0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as 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−$480.481% of the position

Long on Pacifica Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.009%−$1 on $10k

Price spread, last 4 days (all we have)+0.615%+$62 · spread now −0.480%, 7d avg +0.050%

Together, before fees+0.606%+ Points / potential airdropPacifica: Active · farm board+$61 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 0.530% cheaper against Pacifica than usual: you would sell low and buy high, −$53 on $10k if it goes back to its 7-day average of +0.050%. The two prices were read 51 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	Pacifica UNI	9.1580	0.0100	pay 0.0013% / 1h	4m 15s	$299K	$568K	10x
Short	ApeX Omni UNIUSDT	9.1140	0.0100	get 0.0013% / 1h	4m 15s	$89K	$700K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Pacifica. 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 PacificabpFee ApeX OmnibpOrdersPrice spread, now −0.480%Rate

Funding earned: $0
Price spread: −0.480% → +0.050%: −$53.04
Slippage, 4 orders: −$30.05
Fee Pacifica: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$101.1
Costs to cover: 0.481%
Break-even: never at this rate

Slippage from Pacifica: live order book, 64 min ago; ApeX Omni: live order book, 64 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 Pacifica live order book, 64 min ago	1.10 bp	10.2 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 64 min ago	6.02 bp	13.5 bp −$14	103.4 bp −$1,034	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	9.1563	−0.018%	$26K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.581%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0072%	1h	9.1646	+0.072%	$457	$5	10x	as long as short
dYdX UNI-USD	+0.0080%	1h	9.1545	−0.038%	$241K	$30K	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1552	−0.030%	$972K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1710	+0.142%	$1.1M	$2.9M	50x	as long as short
Pacifica UNIlong	+0.0100%	1h	9.1580	long leg	$299K	$568K	10x
Binance UNIUSDT	+0.0100%	8h	9.1570	−0.011%	$229.2M	$608.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1480	−0.109%	$102.6M	$107.2M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1450	−0.142%	$56.6M	$254.7M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.1670	+0.099%	$290K	$640K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1530	−0.054%	$23.5M	$59.4M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1580	0.000%	$49.7M	$26.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1620	+0.044%	$13.9M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1510	−0.076%	$33.6M	$42.5M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1540	−0.043%	—	$56.9M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1422	−0.172%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1159	−0.459%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1120	−0.502%	$172K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0830	−0.819%	$639K	$2.6M	10x	as long as short
ApeX Omni UNIUSDTshort	+0.0100%	1h	9.1140	−0.480%	$89K	$700K	50x
StandX UNI-USD	+0.0100%	1h	9.1340	−0.262%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1623	+0.047%	$88K	$407K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1490	−0.098%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1716	+0.149%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1500	−0.087%	$22K	$727K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1678	+0.107%	$728K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1500	−0.087%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1504	−0.083%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1434	−0.159%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1495	−0.093%	$32K	—	3x	as long as short
Hyperliquid UNI	+0.0254%	1h	9.1735	+0.170%	$99.7M	$58.9M	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0271%	1h	9.1534	−0.050%	$594K	$188K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.1590	+0.011%	$1.1M	$4.7M	50x	as long as short
Reya UNIRUSDPERP	+0.0369%	1h	9.1524	−0.061%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1562	−0.019%	$652K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0419%	1h	9.1527	−0.058%	$5.1M	$6.9M	50x	as long as short
Lighter UNI	+0.0512%	1h	9.1694	+0.125%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.0931%	1h	9.1251	−0.359%	$1K	$48K	10x	as long as short