Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0540%/8h= +59.1% APRpaid last 24h +0.211%

Price spread now: Aftermath Perps against BingX−0.120%7-day average — · you buy dearer than you sell

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

Long on BingX Short on Aftermath Perps

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—needs both histories

Funding pays, the price is against you. Aftermath Perps is 0.120% cheaper against BingX than usual: you would sell low and buy high (spread −0.120% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 18 hours of funding at the current rate (+$16 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX UNI-USDT	8.8100	0.0100	pay 0.0100% / 8h	1h 56m	—	$52.0M	—
Short	Aftermath Perps UNIUSD	8.7994	0.0640	get 0.0080% / 1h	56m 24s	$1K	$49K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against BingX. 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 BingXbpFee Aftermath PerpsbpOrdersPrice spread, now −0.120%Rate

Funding earned: $113.34
Price spread: −0.120% → 0.000%: −$11.99
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $82.35
Costs to cover: 0.190%
Break-even: 1.9 days

Slippage unknown: BingX: live order book, 12 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 12 min ago	0.57 bp	5.6 bp −$6	5.6 bp −$56	13.1 bp −$1,307	53.7 bp −$26.8K
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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni UNI	−0.0101%	8h	8.7671	−0.487%	$3.9M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0048%	8h	8.8080	−0.023%	$100.7M	$106.3M	75x	as long as short
dYdX UNI-USD	0.0000%	1h	8.8119	+0.022%	$244K	$6K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.7940	−0.182%	$560K	$157K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8137	+0.042%	$79K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.7900	−0.227%	$657	$96K	12x	as long as short
OKX UNI-USDT-SWAP	+0.0036%	8h	8.8080	−0.023%	$54.5M	$246.1M	50x	as long as short
01 Exchange UNIUSD	+0.0088%	1h	8.8162	+0.070%	$440	—	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8105	+0.006%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8085	−0.017%	$843K	$4.1M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster UNIUSDT	+0.0100%	8h	8.8180	+0.091%	$1.0M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8126	+0.030%	$298K	$575K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8107	+0.008%	$215.9M	$597.5M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8200	+0.114%	$272K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8110	+0.011%	$22.8M	$58.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8080	−0.023%	$42.5M	$24.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8150	+0.057%	$13.5M	$13.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8090	−0.011%	$31.9M	$41.6M	75x	as long as short
BingX UNI-USDTlong	+0.0100%	8h	8.8100	long leg	—	$52.0M	—
Backpack UNI_USDC_PERP	+0.0100%	1h	8.7968	−0.150%	$978K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.7781	−0.362%	$165K	$341K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.7671	−0.487%	$612K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.7770	−0.375%	$83K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.7880	−0.250%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8137	+0.042%	$86K	$348K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8100	0.000%	$15K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.7894	−0.234%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.7825	−0.312%	$25K	$668K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.7958	−0.161%	$721K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.7840	−0.295%	$26.4M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8131	+0.035%	$299K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8131	+0.036%	$31K	$1K	3x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.7800	−0.341%	$9.8M	$3.3M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0224%	1h	8.7980	−0.136%	$1.0M	$5.3M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0344%	1h	8.7883	−0.247%	$4.9M	$7.2M	50x	as long as short
Reya UNIRUSDPERP	+0.0361%	1h	8.8086	−0.016%	$16K	—	20x	as long as short
Hyperliquid UNI	+0.0377%	1h	8.8240	+0.159%	$96.5M	$60.0M	10x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.8128	+0.032%	$553K	—	120x	as long as short
Aftermath Perps UNIUSDshort	+0.0640%	1h	8.7994	−0.120%	$1K	$49K	10x
Lighter UNI	+0.0688%	1h	8.8279	+0.203%	$4.5M	$5.2M	15x	as long as short