Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0484%/8h= −53.0% APRnext payment $0.61 per $10,000 · paid last 24h −0.140%
Price spread now: GMX against Aftermath Perps−0.363%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and GMX is 0.363% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$36 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps UNIUSD9.01620.0804pay 0.0101% / 1h29m 45s$1K$49K10x
ShortGMX UNI/USD [UNI-USDC]8.9835L +0.0380% / S −0.0320%get 0.0040% / 1h29m 45s$565K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
−$101.72
Price spread: −0.363% → 0.000%
−$36.28
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee GMX: 6 bp × 2 orders
−$12
Net
−$159
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell GMX no order-book sample
Aftermath Perps and GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective UNI/USDC PERP−0.0049%1h8.8300−2.065%$660$155K12xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9846−0.351%$62K150xas long as short
Variational Omni UNI+0.0041%8h9.0035−0.141%$4.1M$4.4Mas long as short
Deribit UNI_USDC-PERPETUAL+0.0057%1h8.9878−0.315%$579K$176K50xas long as short
dYdX UNI-USD+0.0068%1h8.9887−0.306%$249K$6K10xas long as short
Bybit UNIUSDT+0.0083%8h8.9890−0.302%$102.1M$105.0M75xas long as short
OKX UNI-USDT-SWAP+0.0088%8h8.9910−0.280%$55.1M$249.1M50xas long as short
Nado UNI-PERP+0.0100%1h8.9875−0.318%$954K$4.2M10xas long as short
Aster UNIUSDT+0.0100%8h8.9932−0.255%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9924−0.265%$297K$593K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9930−0.257%$222.4M$589.8M75xas long as short
Arcus UNI-USD+0.0100%1h9.0020−0.158%$278K$620K10xas long as short
Gate UNI_USDT+0.0100%8h8.9910−0.280%$23.0M$58.7M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9940−0.246%$43.7M$24.0M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9940−0.246%$13.6M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9900−0.291%$32.8M$42.0M75xas long as short
BingX UNI-USDC+0.0100%8h8.9910−0.280%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9939−0.247%$1.0M$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h9.0166+0.004%$169K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0169+0.008%$637K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0300+0.153%$89K$712K50xas long as short
StandX UNI-USD+0.0100%1h9.0030−0.146%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9885−0.307%$86K$361K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9850−0.346%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9968−0.215%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9855−0.341%$25K$674K10xas long as short
HTX UNI-USDT+0.0100%8h9.0040−0.135%$718K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9900−0.291%$27.1M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9897−0.294%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9873−0.320%$303K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9851−0.345%$32K$1K3xas long as short
01 Exchange UNIUSD+0.0184%1h8.9899−0.292%$44910xas long as short
BloFin UNI-USDT+0.0220%8h8.9970−0.213%$10.1M$3.5M75xas long as short
Coinbase International UNI-PERP-INTX+0.0232%1h8.9920−0.268%$1.1M$5.4M50xas long as short
Reya UNIRUSDPERP+0.0364%1h8.9846−0.351%$16K20xas long as short
GMX UNI/USD [UNI-USDC]shortL +0.0380% / S −0.0320%1h8.9835−0.363%$565K120x
Hyperliquid UNI+0.0558%1h9.0047−0.128%$98.8M$59.0M10xas long as short
Kraken Futures PF_UNIUSD+0.0563%1h8.9908−0.282%$5.0M$7.0M50xas long as short
Aftermath Perps UNIUSDlong+0.0804%1h9.0162long leg$1K$49K10x
Lighter UNI+0.0936%1h9.0077−0.094%$4.6M$5.2M15xas long as short