Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0580%/8h= −63.5% APRpaid last 24h −0.213%

Price spread now: BingX against Aftermath Perps+0.202%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 BingX

What this pair did over the last

the charts below follow

Funding, last 3 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. BingX is 0.202% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.202% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps UNIUSD	8.9649	0.0680	pay 0.0085% / 1h	59m 43s	$1K	$49K	10x
Short	BingX UNI-USDT	8.9830	0.0100	get 0.0100% / 8h	59m 43s	—	$51.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.202%Rate

Funding earned: −$121.77
Price spread: +0.202% → 0.000%: $20.22
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee BingX: 5 bp × 2 orders: −$10
Net: −$120.55
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: Aftermath Perps: no order-book sample; BingX: live order book, 4 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 BingX live order book, 4 min ago	0.56 bp	5.6 bp −$6	7.4 bp −$74	16.5 bp −$1,647	67.5 bp −$33.8K

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
Variational Omni UNI	−0.0022%	8h	8.9623	−0.029%	$4.0M	$4.6M	—	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9870	+0.247%	$62K	—	150x	as long as short
Bybit UNIUSDT	+0.0029%	8h	8.9830	+0.202%	$102.6M	$105.1M	75x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.504%	$660	$155K	12x	as long as short
OKX UNI-USDT-SWAP	+0.0064%	8h	8.9810	+0.180%	$55.4M	$248.7M	50x	as long as short
01 Exchange UNIUSD	+0.0096%	1h	8.9891	+0.270%	$449	—	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9760	+0.124%	$26K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9770	+0.135%	$953K	$4.1M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9869	+0.245%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9812	+0.182%	$299K	$584K	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	8.9857	+0.233%	$221.6M	$593.0M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9900	+0.280%	$277K	$621K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9840	+0.213%	$23.1M	$59.1M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9860	+0.236%	$43.3M	$24.7M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9840	+0.213%	$13.7M	$13.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9830	+0.202%	$32.7M	$41.5M	75x	as long as short
BingX UNI-USDTshort	+0.0100%	8h	8.9830	+0.202%	—	$51.7M	—
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9913	+0.295%	$999K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9542	−0.119%	$168K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9616	−0.036%	$628K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9540	−0.121%	$88K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9670	+0.024%	$107K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9887	+0.266%	$87K	$356K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9890	+0.269%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9944	+0.329%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9885	+0.264%	$25K	$663K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9957	+0.344%	$735K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9900	+0.280%	$27.1M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9802	+0.171%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9898	+0.278%	$32K	$1K	3x	as long as short
dYdX UNI-USD	+0.0109%	1h	8.9829	+0.201%	$249K	$6K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9760	+0.124%	$10.0M	$3.4M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0224%	1h	8.9850	+0.225%	$1.1M	$5.4M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0233%	1h	8.9942	+0.327%	$572K	$157K	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0337%	1h	8.9957	+0.344%	$5.0M	$7.1M	50x	as long as short
Reya UNIRUSDPERP	+0.0363%	1h	8.9829	+0.201%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	8.9871	+0.248%	$564K	—	120x	as long as short
Hyperliquid UNI	+0.0630%	1h	8.9992	+0.383%	$99.0M	$59.5M	10x	as long as short
Aftermath Perps UNIUSDlong	+0.0680%	1h	8.9649	long leg	$1K	$49K	10x
Lighter UNI	+0.0688%	1h	8.9978	+0.367%	$4.6M	$5.1M	15x	as long as short