Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0522%/8h= −57.2% APRpaid last 24h −0.213%

Price spread now: Paradex against Aftermath Perps+0.205%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 Paradex

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—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.205% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.205% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps UNIUSD	8.8616	0.0622	pay 0.0078% / 1h	22m 06s	$1K	$49K	10x
Short	Paradex UNI-USD-PERP	8.8798	0.0100	get 0.0100% / 8h	1h 22m	$25K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.205%Rate

Funding earned: −$109.64
Price spread: +0.205% → 0.000%: $20.53
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$102.12
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: Aftermath Perps: no order-book sample; Paradex: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aftermath Perps no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Aftermath Perps and Paradex: 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	−0.0057%	8h	8.8474	−0.160%	$3.9M	$4.5M	—	as long as short
Bybit UNIUSDT	−0.0003%	8h	8.8890	+0.309%	$101.4M	$104.5M	75x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.8904	+0.325%	$62K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.357%	$660	$155K	12x	as long as short
OKX UNI-USDT-SWAP	+0.0048%	8h	8.8880	+0.298%	$55.0M	$245.1M	50x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	8.8885	+0.304%	$444	—	10x	as long as short
Paradex UNI-USD-PERPshort	+0.0100%	8h	8.8798	+0.205%	$25K	—	20x
Nado UNI-PERP	+0.0100%	1h	8.8845	+0.259%	$941K	$4.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8903	+0.324%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8818	+0.228%	$298K	$570K	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	8.8900	+0.321%	$218.1M	$588.4M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8910	+0.332%	$283K	$615K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8870	+0.287%	$23.1M	$58.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8880	+0.298%	$42.9M	$24.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8870	+0.287%	$13.6M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8900	+0.321%	$32.2M	$41.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8870	+0.287%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8929	+0.353%	$988K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8599	−0.019%	$167K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8775	+0.179%	$626K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8740	+0.140%	$88K	$712K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8710	+0.106%	$106K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8866	+0.282%	$86K	$353K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8860	+0.275%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8910	+0.332%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8870	+0.287%	$25K	$666K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8960	+0.388%	$730K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8850	+0.264%	$26.7M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8838	+0.250%	$301K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8895	+0.315%	$32K	$1K	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0118%	1h	8.8934	+0.359%	$565K	$157K	50x	as long as short
dYdX UNI-USD	+0.0143%	1h	8.8798	+0.205%	$246K	$6K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8710	+0.106%	$9.8M	$3.4M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0224%	1h	8.8890	+0.309%	$1.1M	$5.3M	50x	as long as short
Hyperliquid UNI	+0.0338%	1h	8.9002	+0.436%	$97.6M	$59.1M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0340%	1h	8.8950	+0.377%	$5.0M	$7.0M	50x	as long as short
Reya UNIRUSDPERP	+0.0362%	1h	8.8835	+0.248%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0319%	1h	8.8896	+0.316%	$557K	—	120x	as long as short
Lighter UNI	+0.0592%	1h	8.9046	+0.485%	$4.6M	$5.2M	15x	as long as short
Aftermath Perps UNIUSDlong	+0.0622%	1h	8.8616	long leg	$1K	$49K	10x