Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.026%

Price spread now: OKX against Aevo+0.023%7-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 OKX

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

The price spread pays, funding is against you. OKX is 0.023% dearer against Aevo than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 27 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo UNI-PERP	8.8340	0.0104	pay 0.0013% / 1h	38m 19s	$31K	$1K	3x
Short	OKX UNI-USDT-SWAP	8.8360	0.0037	get 0.0037% / 8h	1h 38m	$54.7M	$243.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$13.99
Price spread: +0.023% → 0.000%: $2.25
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee OKX: 5 bp × 2 orders: −$10
Net: −$37.74
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; OKX: 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 OKX live order book, 6 min ago	0.57 bp	8.1 bp −$8	15.6 bp −$156	70.4 bp −$7,038	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	−0.0078%	8h	8.8285	−0.063%	$3.9M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0026%	8h	8.8370	+0.034%	$100.8M	$104.4M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8490	+0.169%	$563K	$157K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8424	+0.095%	$80K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.7900	−0.498%	$657	$96K	12x	as long as short
OKX UNI-USDT-SWAPshort	+0.0037%	8h	8.8360	+0.023%	$54.7M	$243.5M	50x
01 Exchange UNIUSD	+0.0040%	1h	8.8382	+0.047%	$441	—	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8298	−0.047%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8360	+0.023%	$862K	$4.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8437	+0.110%	$1.0M	$3.4M	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	8.8320	−0.023%	$296K	$570K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8380	+0.045%	$217.0M	$588.3M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8420	+0.090%	$273K	$606K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8380	+0.045%	$23.0M	$58.4M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8360	+0.023%	$42.6M	$24.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8370	+0.034%	$13.5M	$13.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8300	−0.045%	$32.1M	$41.3M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.8360	+0.023%	—	$51.9M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8481	+0.159%	$981K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8253	−0.098%	$166K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8239	−0.115%	$612K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8240	−0.113%	$87K	$714K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8340	0.000%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8380	+0.045%	$87K	$351K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8380	+0.045%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8506	+0.188%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8420	+0.090%	$25K	$666K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8576	+0.267%	$727K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8410	+0.079%	$26.6M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8352	+0.013%	$300K	$1.4M	25x	as long as short
Aevo UNI-PERPlong	+0.0104%	1h	8.8340	long leg	$31K	$1K	3x
dYdX UNI-USD	+0.0119%	1h	8.8366	+0.029%	$245K	$6K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8400	+0.068%	$9.8M	$3.3M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0224%	1h	8.8500	+0.181%	$1.0M	$5.3M	50x	as long as short
Hyperliquid UNI	+0.0333%	1h	8.8511	+0.193%	$96.8M	$59.1M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0342%	1h	8.8512	+0.194%	$4.9M	$7.0M	50x	as long as short
Reya UNIRUSDPERP	+0.0362%	1h	8.8352	+0.013%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0319%	1h	8.8414	+0.084%	$554K	—	120x	as long as short
Lighter UNI	+0.0584%	1h	8.8473	+0.150%	$4.5M	$5.2M	15x	as long as short
Aftermath Perps UNIUSD	+0.0613%	1h	8.8280	−0.068%	$1K	$49K	10x	as long as short