Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0348%/8h= −38.1% APRpaid last 24h −0.212%

Price spread now: Aster against Aftermath Perps+0.047%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Aster

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 airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.047% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps UNIUSD	8.9070	0.0448	pay 0.0056% / 1h	43m 27s	$950	$53K	10x
Short	Aster UNIUSDT	8.9112	0.0100	get 0.0100% / 8h	43m 27s	$729K	$3.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aftermath Perps. 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 Aftermath PerpsbpFee AsterbpOrdersPrice spread, now +0.047%Rate

Funding earned: −$73.07
Price spread: +0.047% → 0.000%: $4.66
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$85.41
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Aster: live order book, 5 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Aster live order book, 5 min ago	1.68 bp	6.9 bp −$7	20.1 bp −$201	doesn't fit	doesn't fit

Aftermath Perps: 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	−0.0305%	1h	8.9106	+0.040%	$4.7M	$8.6M	50x	as long as short
01 Exchange UNIUSD	−0.0024%	1h	8.9136	+0.074%	$445	$5	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9137	+0.075%	$49K	—	150x	as long as short
Nado UNI-PERP	+0.0012%	1h	8.9050	−0.023%	$731K	$4.7M	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.865%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0075%	1h	8.9074	+0.004%	$106K	$616K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0090%	1h	8.9188	+0.132%	$588K	$250K	50x	as long as short
Lighter UNI	+0.0096%	1h	8.9191	+0.136%	$4.5M	$5.5M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9080	+0.011%	$25K	—	20x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9198	+0.144%	$94.9M	$67.6M	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	8.9112	+0.047%	$729K	$3.6M	50x
Pacifica UNI	+0.0100%	1h	8.9111	+0.046%	$288K	$600K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9035	−0.039%	$215.1M	$656.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8990	−0.090%	$98.6M	$111.2M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8960	−0.124%	$54.4M	$265.1M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9180	+0.123%	$318K	$701K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9070	0.000%	$25.5M	$65.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9080	+0.011%	$48.6M	$26.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9100	+0.034%	$13.1M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9060	−0.011%	$32.6M	$45.4M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9060	−0.011%	—	$57.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9107	+0.041%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9138	+0.076%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9176	+0.119%	$169K	$348K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9002	−0.077%	$617K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9060	−0.011%	$89K	$710K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9080	+0.011%	$15K	$3.4M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9000	−0.079%	$16K	$2.1M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9062	−0.009%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9060	−0.011%	$32K	$888K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9284	+0.240%	$699K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9080	+0.011%	$26.9M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9061	−0.010%	$288K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9138	+0.077%	$32K	—	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.9150	+0.090%	$928K	$5.5M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9020	−0.056%	$10.0M	$3.6M	75x	as long as short
Reya UNIRUSDPERP	+0.0380%	1h	8.9051	−0.021%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9087	+0.019%	$634K	—	120x	as long as short
Aftermath Perps UNIUSDlong	+0.0448%	1h	8.9070	long leg	$950	$53K	10x
dYdX UNI-USD	+0.0604%	1h	8.9072	+0.002%	$234K	$30K	10x	as long as short