Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.004%

Price spread now: Extended against Aster−0.207%7-day average −0.085% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$310.313% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 7 days+0.255%+$26 · spread now −0.207%, 7d avg −0.085%

Together, before fees+0.297%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$30 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.122% cheaper against Aster than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.085%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster UNIUSDT	9.1380	0.0100	pay 0.0100% / 8h	4h 54m	$1.0M	$2.9M	50x
Short	Extended UNI-USD	9.1191	0.0104	get 0.0013% / 1h	54m 38s	$301K	$1.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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 AsterbpFee ExtendedbpOrdersPrice spread, now −0.207%Rate

Funding earned: $0.84
Price spread: −0.207% → −0.085%: −$12.15
Slippage, 4 orders: −$18.35
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$42.66
Costs to cover: 0.313%
Break-even: 362.5 days

Slippage from Aster: live order book, 4 min ago; Extended: live order book, 4 min ago.

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 Aster live order book, 4 min ago	1.10 bp	10.6 bp −$11	21.2 bp −$212	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	2.19 bp	6.3 bp −$6	12.5 bp −$125	doesn't fit	doesn't fit

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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.1281	−0.109%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.371%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.1281	−0.108%	$455	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1230	−0.164%	$920K	$4.3M	10x	as long as short
Aster UNIUSDTlong	+0.0100%	8h	9.1380	long leg	$1.0M	$2.9M	50x
Pacifica UNI	+0.0100%	1h	9.1273	−0.118%	$298K	$589K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1290	−0.098%	$225.9M	$625.6M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1270	−0.120%	$102.5M	$110.6M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1270	−0.120%	$56.0M	$258.3M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1320	−0.066%	$289K	$618K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.1210	−0.186%	$23.1M	$62.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1230	−0.164%	$49.4M	$25.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1240	−0.153%	$13.7M	$13.1M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1190	−0.208%	$33.5M	$43.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1210	−0.186%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1338	−0.046%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1490	+0.120%	$4.3M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0960	−0.460%	$171K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1208	−0.188%	$635K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0950	−0.471%	$89K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1330	−0.055%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1373	−0.008%	$88K	$422K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1320	−0.066%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1397	+0.019%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1306	−0.081%	$22K	$781K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1561	+0.198%	$720K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1340	−0.044%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0101%	8h	9.1190	−0.208%	$26K	—	20x	as long as short
Extended UNI-USDshort	+0.0104%	1h	9.1191	−0.207%	$301K	$1.6M	25x
Aevo UNI-PERP	+0.0104%	1h	9.1325	−0.060%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0157%	1h	9.1347	−0.036%	$585K	$193K	50x	as long as short
dYdX UNI-USD	+0.0205%	1h	9.1234	−0.159%	$240K	$30K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1270	−0.120%	$10.4M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.1340	−0.044%	$1.1M	$5.4M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	9.1344	−0.039%	$5.1M	$7.8M	50x	as long as short
Lighter UNI	+0.0312%	1h	9.1433	+0.058%	$4.6M	$5.8M	15x	as long as short
Reya UNIRUSDPERP	+0.0371%	1h	9.1219	−0.176%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1288	−0.101%	$651K	—	120x	as long as short
Hyperliquid UNI	+0.0502%	1h	9.1456	+0.083%	$99.4M	$61.4M	10x	as long as short
Aftermath Perps UNIUSD	+0.1012%	1h	9.1311	−0.076%	$1K	$46K	10x	as long as short