Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0632%/8h= −69.2% APRpaid last 24h −0.237%

Price spread now: OKX against Aftermath Perps+0.308%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 OKX

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. OKX is 0.308% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.308% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 39 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps UNIUSD	8.9764	0.0699	pay 0.0087% / 1h	58m 02s	$1K	$49K	10x
Short	OKX UNI-USDT-SWAP	9.0040	0.0068	get 0.0068% / 8h	58m 02s	$55.4M	$249.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.308%Rate

Funding earned: −$132.65
Price spread: +0.308% → 0.000%: $30.79
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$120.86
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: Aftermath Perps: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago	0.56 bp	6.5 bp −$7	13.1 bp −$131	80.7 bp −$8,074	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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−1.630%	$660	$155K	12x	as long as short
Variational Omni UNI	−0.0022%	8h	8.9623	−0.157%	$4.0M	$4.6M	—	as long as short
dYdX UNI-USD	0.0000%	1h	8.9963	+0.222%	$249K	$6K	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9953	+0.211%	$62K	—	150x	as long as short
Bybit UNIUSDT	+0.0032%	8h	9.0040	+0.308%	$102.9M	$105.0M	75x	as long as short
OKX UNI-USDT-SWAPshort	+0.0068%	8h	9.0040	+0.308%	$55.4M	$249.4M	50x
Paradex UNI-USD-PERP	+0.0100%	8h	8.9935	+0.191%	$26K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9930	+0.185%	$955K	$4.1M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0080	+0.352%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9967	+0.227%	$300K	$586K	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	9.0076	+0.348%	$222.2M	$593.4M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0000	+0.263%	$278K	$622K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0000	+0.263%	$23.2M	$57.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0050	+0.319%	$43.4M	$23.6M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9970	+0.230%	$13.7M	$13.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0050	+0.319%	$32.7M	$41.5M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0000	+0.263%	—	$51.7M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9542	−0.247%	$168K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9813	+0.055%	$629K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9540	−0.249%	$88K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9880	+0.130%	$107K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9937	+0.193%	$87K	$356K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9970	+0.230%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0031	+0.298%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9960	+0.219%	$25K	$664K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0140	+0.419%	$736K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0000	+0.263%	$27.1M	$4.4M	50x	as long as short
Backpack UNI_USDC_PERP	+0.0103%	1h	9.0053	+0.322%	$1.0M	$2.3M	10x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0027	+0.293%	$304K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9995	+0.258%	$32K	$1K	3x	as long as short
01 Exchange UNIUSD	+0.0208%	1h	8.9976	+0.237%	$449	—	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9910	+0.163%	$10.0M	$3.4M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0228%	1h	9.0010	+0.274%	$572K	$157K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	9.0010	+0.275%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0363%	1h	8.9894	+0.145%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	8.9948	+0.205%	$564K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0562%	1h	9.0009	+0.274%	$5.0M	$7.1M	50x	as long as short
Aftermath Perps UNIUSDlong	+0.0699%	1h	8.9764	long leg	$1K	$49K	10x
Hyperliquid UNI	+0.0720%	1h	9.0147	+0.427%	$99.3M	$59.5M	10x	as long as short
Lighter UNI	+0.0832%	1h	9.0207	+0.494%	$4.6M	$5.1M	15x	as long as short