Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.004%

Price spread now: Aster against Aevo+0.376%49s7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.376% dearer against Aevo than usual: you sell high and buy low, +$38 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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	Aevo UNI-PERP	8.7850	0.0104	pay 0.0013% / 1h	56m 30s	$31K	$1K	3x
Short	Aster UNIUSDT	8.8180	0.0100	get 0.0100% / 8h	1h 56m	$1.0M	$3.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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 AevobpFee AsterbpOrdersPrice spread, now +0.376%Rate

Funding earned: −$0.84
Price spread: +0.376% → 0.000%: $37.6
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aster: 4 bp × 2 orders: −$8
Net: $12.76
Costs to cover: 0.240%
Break-even: from the start

Slippage unknown: Aevo: no order-book sample; Aster: live order book, 2 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 Aevo no order-book sample	—	—	—	—	—
Sell Aster live order book, 2 min ago	1.71 bp	7.7 bp −$8	18.5 bp −$185	doesn't fit	doesn't fit

Aevo: 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
Variational Omni UNI	−0.0101%	8h	8.7671	−0.203%	$3.9M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0048%	8h	8.8090	+0.274%	$100.7M	$106.3M	75x	as long as short
dYdX UNI-USD	0.0000%	1h	8.8119	+0.307%	$244K	$6K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.7940	+0.102%	$560K	$157K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.7897	+0.054%	$79K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.7900	+0.057%	$657	$96K	12x	as long as short
OKX UNI-USDT-SWAP	+0.0036%	8h	8.8110	+0.296%	$54.5M	$246.2M	50x	as long as short
01 Exchange UNIUSD	+0.0088%	1h	8.8162	+0.355%	$440	—	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8105	+0.291%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8085	+0.268%	$843K	$4.1M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster UNIUSDTshort	+0.0100%	8h	8.8180	+0.376%	$1.0M	$3.4M	50x
Pacifica UNI	+0.0100%	1h	8.8126	+0.315%	$298K	$575K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8114	+0.301%	$215.9M	$597.4M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8200	+0.399%	$272K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8160	+0.353%	$22.9M	$58.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8110	+0.296%	$42.5M	$24.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8100	+0.285%	$13.5M	$13.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8140	+0.330%	$31.9M	$41.6M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8150	+0.342%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.7968	+0.135%	$978K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.7781	−0.079%	$165K	$341K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.7671	−0.204%	$612K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.7770	−0.091%	$83K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.7880	+0.034%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8137	+0.327%	$86K	$348K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.7850	0.000%	$15K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.7894	+0.050%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.7825	−0.028%	$25K	$668K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.7958	+0.123%	$721K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.7840	−0.011%	$26.4M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8131	+0.320%	$299K	$1.5M	25x	as long as short
Aevo UNI-PERPlong	+0.0104%	1h	8.7850	long leg	$31K	$1K	3x
BloFin UNI-USDT	+0.0220%	8h	8.7800	−0.057%	$9.8M	$3.3M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0224%	1h	8.7980	+0.148%	$1.0M	$5.3M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0344%	1h	8.7883	+0.038%	$4.9M	$7.2M	50x	as long as short
Reya UNIRUSDPERP	+0.0361%	1h	8.7853	+0.004%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.7895	+0.052%	$551K	—	120x	as long as short
Hyperliquid UNI	+0.0385%	1h	8.8236	+0.440%	$96.5M	$60.0M	10x	as long as short
Aftermath Perps UNIUSD	+0.0625%	1h	8.7980	+0.148%	$1K	$50K	10x	as long as short
Lighter UNI	+0.0688%	1h	8.8279	+0.489%	$4.5M	$5.2M	15x	as long as short