Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against Paradex+0.071%50s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.071% dearer against Paradex than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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	Paradex UNI-USD-PERP	9.0296	0.0100	pay 0.0100% / 8h	2h 01m	$26K	—	20x
Short	ApeX Omni UNIUSDT	9.0360	0.0100	get 0.0013% / 1h	1m 56s	$91K	$709K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Paradex. 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 ParadexbpFee ApeX OmnibpOrdersPrice spread, now +0.071%Rate

Funding earned: $0.02
Price spread: +0.071% → 0.000%: $7.06
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$6.92
Costs to cover: 0.140%
Break-even: 2417.4 days

Slippage unknown: Paradex: no order-book sample; ApeX Omni: live order book, 47 min ago. Net counts fees only.

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 Paradex no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 47 min ago	6.17 bp	14.3 bp −$14	112.1 bp −$1,121	doesn't fit	doesn't fit

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_UNIUSD	−0.0017%	1h	9.0290	−0.007%	$4.8M	$8.6M	50x	as long as short
Nado UNI-PERP	−0.0009%	1h	9.0355	+0.065%	$782K	$4.7M	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	9.0282	−0.016%	$49K	—	150x	as long as short
01 Exchange UNIUSD	+0.0008%	1h	9.0407	+0.123%	$451	$5	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.211%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0081%	1h	9.0328	+0.035%	$126K	$583K	10x	as long as short
Lighter UNI	+0.0096%	1h	9.0391	+0.105%	$4.6M	$5.6M	15x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0099%	1h	9.0296	0.000%	$595K	$247K	50x	as long as short
Paradex UNI-USD-PERPlong	+0.0100%	8h	9.0296	long leg	$26K	—	20x
Aster UNIUSDT	+0.0100%	8h	9.0333	+0.041%	$745K	$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	9.0357	+0.067%	$291K	$592K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0300	+0.004%	$219.3M	$659.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0290	−0.007%	$100.5M	$112.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0300	+0.004%	$54.9M	$269.1M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0440	+0.159%	$323K	$705K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0300	+0.004%	$24.8M	$66.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0280	−0.018%	$49.8M	$27.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0330	+0.037%	$13.2M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0290	−0.007%	$33.2M	$45.9M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0300	+0.004%	—	$57.2M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0337	+0.045%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0319	+0.025%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0356	+0.066%	$171K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0060	−0.262%	$624K	$2.7M	10x	as long as short
ApeX Omni UNIUSDTshort	+0.0100%	1h	9.0360	+0.071%	$91K	$709K	50x
StandX UNI-USD	+0.0100%	1h	9.0310	+0.015%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0220	−0.084%	$17K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0409	+0.125%	$37K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0254	−0.047%	$32K	$886K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0328	+0.035%	$710K	$5.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0250	−0.051%	$27.2M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0238	−0.064%	$300K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0256	−0.044%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0143%	1h	9.0343	+0.052%	$238K	$31K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0184%	1h	9.0350	+0.060%	$942K	$5.7M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0310	+0.015%	$10.1M	$3.7M	75x	as long as short
Hyperliquid UNI	+0.0242%	1h	9.0403	+0.118%	$97.1M	$66.6M	10x	as long as short
Reya UNIRUSDPERP	+0.0377%	1h	9.0332	+0.040%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	9.0281	−0.017%	$643K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0464%	1h	9.0185	−0.124%	$988	$54K	10x	as long as short