Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0093%/8h= −10.2% APRpaid last 24h −0.034%

Price spread now: gTrade (Gains Network) against Aster+0.031%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on gTrade (Gains Network)

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 airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.031% dearer against Aster than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 27 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster UNIUSDT	8.9334	0.0100	pay 0.0100% / 8h	1h 43m	$737K	$3.6M	50x
Short	gTrade (Gains Network) UNI/USD	8.9362	L +0.0004% / S −0.0007%	get 0.0001% / 1h	43m 00s	$49K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.031%Rate

Funding earned: −$19.62
Price spread: +0.031% → 0.000%: $3.12
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$34.49
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 6 min ago; gTrade (Gains Network): 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 Aster live order book, 6 min ago	2.23 bp	10.6 bp −$11	23.1 bp −$231	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
Polymarket Perps UNI-USD	−0.0134%	1h	8.9278	−0.063%	$107K	$603K	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.9326	−0.009%	$4.7M	$8.7M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9348	+0.015%	$589K	$249K	50x	as long as short
gTrade (Gains Network) UNI/USDshort	L +0.0004% / S −0.0007%	1h	8.9362	+0.031%	$49K	—	150x
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.158%	$660	$153K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	8.9348	+0.015%	$446	$5	10x	as long as short
Lighter UNI	+0.0096%	1h	8.9399	+0.073%	$4.5M	$5.6M	15x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9335	+0.001%	$769K	$4.7M	10x	as long as short
Aster UNIUSDTlong	+0.0100%	8h	8.9334	long leg	$737K	$3.6M	50x
Pacifica UNI	+0.0100%	1h	8.9348	+0.015%	$286K	$593K	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	8.9280	−0.061%	$215.8M	$659.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9260	−0.083%	$99.2M	$112.3M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9150	−0.206%	$54.3M	$265.9M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9430	+0.107%	$319K	$705K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9290	−0.049%	$24.9M	$66.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9290	−0.049%	$49.2M	$26.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9320	−0.016%	$13.1M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9270	−0.072%	$32.8M	$45.4M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9280	−0.061%	—	$57.3M	—	as long as short
Variational Omni UNI	+0.0100%	8h	8.9649	+0.353%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9742	+0.456%	$170K	$347K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9704	+0.413%	$627K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9740	+0.454%	$90K	$710K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9590	+0.286%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9280	−0.061%	$16K	$1.8M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9345	+0.012%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9307	−0.030%	$32K	$887K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9416	+0.092%	$699K	$4.9M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9300	−0.038%	$26.9M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9287	−0.052%	$25K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9268	−0.074%	$298K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9299	−0.040%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0117%	1h	8.9330	−0.005%	$235K	$31K	10x	as long as short
Backpack UNI_USDC_PERP	+0.0155%	1h	8.9329	−0.006%	$1.1M	$2.4M	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0192%	1h	8.9470	+0.152%	$934K	$5.5M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9220	−0.128%	$10.1M	$3.6M	75x	as long as short
Reya UNIRUSDPERP	+0.0378%	1h	8.9300	−0.038%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9339	+0.005%	$636K	—	120x	as long as short
Hyperliquid UNI	+0.0479%	1h	8.9357	+0.026%	$96.0M	$66.9M	10x	as long as short
Aftermath Perps UNIUSD	+0.0523%	1h	8.9707	+0.417%	$988	$53K	10x	as long as short