Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.032%

Price spread now: BloFin against Aevo−0.245%53s7-day average — · you buy dearer than you sell

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

Long on Aevo Short on BloFin

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—needs both histories

Funding pays, the price is against you. BloFin is 0.245% cheaper against Aevo than usual: you would sell low and buy high (spread −0.245% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 7.0 days of funding at the current rate (+$3 a day). The two prices were read 53 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	8.8647	0.0104	pay 0.0013% / 1h	37m 40s	$31K	—	3x
Short	BloFin UNI-USDT	8.8430	0.0220	get 0.0220% / 8h	2h 37m	$10.0M	$3.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.245%Rate

Funding earned: $24.36
Price spread: −0.245% → 0.000%: −$24.53
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$28.17
Costs to cover: 0.280%
Break-even: 15.1 days

Slippage unknown: Aevo: no order-book sample; BloFin: live order book, 6 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 BloFin live order book, 6 min ago	0.56 bp	6.6 bp −$7	9.8 bp −$98	30.1 bp −$3,012	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
Nado UNI-PERP	−0.0136%	1h	8.8535	−0.127%	$799K	$4.7M	10x	as long as short
01 Exchange UNIUSD	−0.0072%	1h	8.8589	−0.066%	$442	$5	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.8683	+0.040%	$4.8M	$8.5M	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.8610	−0.043%	$48K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.392%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0072%	1h	8.8592	−0.063%	$100K	$500K	10x	as long as short
Lighter UNI	+0.0096%	1h	8.8912	+0.298%	$4.5M	$5.5M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8825	+0.201%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8820	+0.195%	$753K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8841	+0.219%	$284K	$612K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.8840	+0.217%	$215.9M	$658.7M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8800	+0.172%	$99.2M	$112.5M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8810	+0.183%	$53.8M	$263.7M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8660	+0.014%	$316K	$700K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8720	+0.082%	$23.6M	$64.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8820	+0.195%	$46.7M	$26.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8830	+0.206%	$13.0M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8770	+0.138%	$32.7M	$46.5M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8750	+0.116%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8737	+0.101%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8420	−0.256%	$4.1M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8752	+0.118%	$168K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8350	−0.335%	$616K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8530	−0.132%	$91K	$706K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8350	−0.335%	$15K	$3.4M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8590	−0.065%	$16K	$1.6M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8607	−0.046%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8627	−0.023%	$22K	$852K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8780	+0.150%	$708K	$5.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8620	−0.031%	$26.8M	$4.3M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8672	+0.027%	$289K	$1.7M	25x	as long as short
Aevo UNI-PERPlong	+0.0104%	1h	8.8647	long leg	$31K	—	3x
Hyperliquid UNI	+0.0127%	1h	8.8907	+0.293%	$94.6M	$66.3M	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0161%	1h	8.8694	+0.052%	$568K	$202K	50x	as long as short
dYdX UNI-USD	+0.0163%	1h	8.8827	+0.202%	$234K	$31K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0184%	1h	8.8710	+0.071%	$928K	$5.8M	50x	as long as short
BloFin UNI-USDTshort	+0.0220%	8h	8.8430	−0.245%	$10.0M	$3.6M	75x
Reya UNIRUSDPERP	+0.0376%	1h	8.8579	−0.078%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.8600	−0.053%	$630K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0621%	1h	8.8680	+0.037%	$926	$45K	10x	as long as short