Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0923%/8h= +101.1% APRnext payment +$1.15 per $10,000 · paid last 24h +0.223%
Price spread now: Aftermath Perps against Backpack−0.441%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.441% cheaper against Backpack than usual: you would sell low and buy high (spread −0.441% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$44 on $10k: about 38 hours of funding at the current rate (+$28 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack UNI_USDC_PERP9.07580.0100pay 0.0013% / 1h32m 11s$1.0M$2.3M10x
ShortAftermath Perps UNIUSD9.03580.1023get 0.0128% / 1h32m 11s$1K$46K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Backpack. 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

Funding earned
$193.84
Price spread: −0.441% → 0.000%
−$44.08
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$130.76
Costs to cover
0.190%
Break-even
2.3 days
Slippage unknown: Backpack: live order book, 2 min ago; Aftermath Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 2 min ago0.05 bp8.0 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.0597−0.177%$37K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−2.708%$660$154K12xas long as short
01 Exchange UNIUSD+0.0056%1h9.0285−0.521%$451$510xas long as short
Nado UNI-PERP+0.0100%1h9.0430−0.361%$895K$4.4M10xas long as short
Aster UNIUSDT+0.0100%8h9.0547−0.232%$840K$3.5M50xas long as short
Pacifica UNI+0.0100%1h9.0352−0.447%$293K$593K10xas long as short
Binance UNIUSDT+0.0100%8h9.0602−0.172%$222.6M$636.1M75xas long as short
Bybit UNIUSDT+0.0100%8h9.0620−0.152%$101.7M$110.9M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.0680−0.086%$55.0M$260.4M50xas long as short
Arcus UNI-USD+0.0100%1h9.0300−0.505%$312K$651K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h9.0680−0.086%$23.6M$63.4M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0610−0.163%$47.9M$25.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0590−0.185%$13.6M$13.2M75xas long as short
Bitget UNIUSDT+0.0100%8h9.0660−0.108%$33.5M$44.8M75xas long as short
BingX UNI-USDT+0.0100%8h9.0670−0.097%$56.6Mas long as short
Backpack UNI_USDC_PERPlong+0.0100%1h9.0758long leg$1.0M$2.3M10x
Variational Omni UNI+0.0100%8h8.9859−0.990%$4.2M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.9922−0.921%$170K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9959−0.880%$633K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9930−0.912%$88K$696K50xas long as short
StandX UNI-USD+0.0100%1h8.9920−0.923%$16K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0480−0.306%$87K$424K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0560−0.218%$16K$1.5M10xas long as short
SunX UNI-USDT+0.0100%8h9.0400−0.394%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.0580−0.196%$22K$789K10xas long as short
HTX UNI-USDT+0.0100%8h9.0580−0.196%$714K$4.6M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0590−0.185%$27.4M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0305−0.500%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.0521−0.261%$293K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0574−0.202%$32K3xas long as short
dYdX UNI-USD+0.0109%1h9.0333−0.468%$238K$30K10xas long as short
Lighter UNI+0.0216%1h9.0708−0.055%$4.6M$5.8M15xas long as short
BloFin UNI-USDT+0.0220%8h9.0370−0.428%$10.3M$3.6M75xas long as short
Coinbase International UNI-PERP-INTX+0.0248%1h9.0560−0.218%$1.1M$5.7M50xas long as short
Kraken Futures PF_UNIUSD+0.0270%1h9.0646−0.124%$5.0M$7.9M50xas long as short
Deribit UNI_USDC-PERPETUAL+0.0309%1h9.0619−0.154%$581K$193K50xas long as short
Reya UNIRUSDPERP+0.0372%1h9.0482−0.304%$17K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.0603−0.171%$644K120xas long as short
Hyperliquid UNI+0.0413%1h9.0727−0.034%$98.3M$62.4M10xas long as short
Aftermath Perps UNIUSDshort+0.1023%1h9.0358−0.441%$1K$46K10x