Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h +0.003%

Price spread now: 01 Exchange against Aster+0.057%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 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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. 01 Exchange is 0.057% dearer against Aster than usual: you sell high and buy low (spread +0.057% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 37 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster UNIUSDT	8.8599	0.0100	pay 0.0100% / 8h	59m 04s	$725K	$3.6M	50x
Short	01 Exchange UNIUSD	8.8650	−0.0024	pay 0.0003% / 1h	59m 04s	$442	$5	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.057%Rate

Funding earned: −$26.04
Price spread: +0.057% → 0.000%: $5.71
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$35.33
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 5 min ago; 01 Exchange: 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, 5 min ago	1.13 bp	9.6 bp −$10	21.6 bp −$216	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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
Nado UNI-PERP	−0.0317%	1h	8.8585	−0.016%	$736K	$4.7M	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0307%	1h	8.8617	+0.020%	$4.7M	$8.6M	50x	as long as short
Polymarket Perps UNI-USD	−0.0071%	1h	8.8580	−0.022%	$106K	$616K	10x	as long as short
01 Exchange UNIUSDshort	−0.0024%	1h	8.8650	+0.057%	$442	$5	10x
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.8597	−0.003%	$49K	—	150x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0005%	1h	8.8624	+0.028%	$584K	$250K	50x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.338%	$660	$153K	12x	as long as short
Lighter UNI	+0.0096%	1h	8.8671	+0.081%	$4.4M	$5.5M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8657	+0.065%	$25K	—	20x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.8659	+0.067%	$94.3M	$67.7M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster UNIUSDTlong	+0.0100%	8h	8.8599	long leg	$725K	$3.6M	50x
Pacifica UNI	+0.0100%	1h	8.8690	+0.102%	$284K	$590K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8538	−0.070%	$213.9M	$657.4M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8520	−0.090%	$98.0M	$111.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8520	−0.090%	$53.9M	$263.8M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8680	+0.091%	$316K	$695K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8560	−0.044%	$25.2M	$65.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8580	−0.022%	$48.3M	$26.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8580	−0.022%	$13.0M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8530	−0.078%	$32.5M	$45.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8540	−0.067%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8610	+0.012%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8510	−0.101%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8559	−0.045%	$168K	$347K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8480	−0.135%	$619K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8620	+0.023%	$89K	$709K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8720	+0.136%	$15K	$3.4M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8590	−0.011%	$16K	$2.0M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8710	+0.125%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8560	−0.044%	$32K	$887K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8677	+0.088%	$694K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8590	−0.011%	$26.7M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8523	−0.086%	$289K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8565	−0.039%	$31K	—	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8710	+0.125%	$924K	$5.4M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8580	−0.022%	$10.0M	$3.6M	75x	as long as short
Reya UNIRUSDPERP	+0.0380%	1h	8.8547	−0.059%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.8594	−0.006%	$630K	—	120x	as long as short
dYdX UNI-USD	+0.0389%	1h	8.8654	+0.062%	$233K	$30K	10x	as long as short
Aftermath Perps UNIUSD	+0.0506%	1h	8.8701	+0.115%	$947	$53K	10x	as long as short