Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: Pacifica against Aster+0.141%7-day average −0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$400.398% of the position

Long on Aster Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days−0.173%−$17 · spread now +0.141%, 7d avg −0.047%

Together, before fees−0.172%+ Points / potential airdropAster: Stage 5 · Pacifica: Active · farm board−$17 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: Pacifica is 0.188% dearer against Aster than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster UNIUSDT	8.8204	0.0100	pay 0.0100% / 8h	3h 15m	$1.0M	$3.4M	50x
Short	Pacifica UNI	8.8328	0.0100	get 0.0013% / 1h	15m 17s	$297K	$562K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.141%Rate

Funding earned: $0
Price spread: +0.141% → −0.047%: $18.78
Slippage, 4 orders: −$23.78
Fee Aster: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$20.99
Costs to cover: 0.398%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; Pacifica: live order book, 13 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, 3 min ago	1.13 bp	6.3 bp −$6	21.7 bp −$217	doesn't fit	doesn't fit
Sell Pacifica live order book, 13 min ago	1.13 bp	12.4 bp −$12	doesn't fit	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
Variational Omni UNI	−0.0198%	8h	8.8316	+0.127%	$3.9M	$4.9M	—	as long as short
Bybit UNIUSDT	−0.0188%	8h	8.8090	−0.129%	$102.7M	$105.5M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8203	−0.001%	$551K	$129K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8181	−0.026%	$79K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0012%	8h	8.8110	−0.107%	$54.6M	$246.7M	50x	as long as short
01 Exchange UNIUSD	+0.0080%	1h	8.8243	+0.044%	$440	—	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8197	−0.008%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8160	−0.050%	$843K	$4.0M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.8245	+0.046%	$95.7M	$60.2M	10x	as long as short
Aster UNIUSDTlong	+0.0100%	8h	8.8204	long leg	$1.0M	$3.4M	50x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNIshort	+0.0100%	1h	8.8328	+0.141%	$297K	$562K	10x
Binance UNIUSDT	+0.0100%	8h	8.8160	−0.050%	$216.0M	$599.4M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8320	+0.131%	$272K	$600K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8130	−0.084%	$22.6M	$59.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8160	−0.050%	$43.0M	$24.7M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8150	−0.061%	$13.8M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8130	−0.084%	$31.9M	$41.3M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.8110	−0.107%	—	$50.6M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8413	+0.237%	$978K	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8358	+0.174%	$166K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8362	+0.179%	$614K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8390	+0.211%	$83K	$726K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8400	+0.222%	$105K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8144	−0.068%	$88K	$342K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8150	−0.061%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8204	0.000%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8134	−0.080%	$25K	$670K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8462	+0.292%	$701K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8130	−0.084%	$26.5M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8105	−0.112%	$306K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8166	−0.044%	$31K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0192%	1h	8.8370	+0.188%	$1.0M	$5.3M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8190	−0.016%	$9.8M	$3.3M	75x	as long as short
dYdX UNI-USD	+0.0238%	1h	8.8321	+0.132%	$245K	$5K	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0318%	1h	8.8201	−0.003%	$4.9M	$7.3M	50x	as long as short
Reya UNIRUSDPERP	+0.0358%	1h	8.8085	−0.136%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0320%	1h	8.8185	−0.022%	$553K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0589%	1h	8.8347	+0.162%	$1K	$51K	10x	as long as short
Lighter UNI	+0.0672%	1h	8.8317	+0.128%	$4.5M	$5.4M	15x	as long as short
Injective UNI/USDC PERP	+0.4514%	1h	8.7900	−0.345%	$657	$97K	12x	as long as short