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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.028%
Price spread now: Aster against BloFin+0.001%82s7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.362% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.185%−$19 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.001%, 7d avg +0.070%
Together, before fees−0.209%+ Points / potential airdropAster: Stage 5 · farm board−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.069% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.070%). Swap the legs. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin UNI-USDT8.85600.0220pay 0.0220% / 8h2h 41m$10.0M$3.6M75x
ShortAster UNIUSDT8.85610.0100get 0.0100% / 8h2h 41m$751K$3.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$25.2
Price spread: +0.001% → +0.070%
−$6.94
Slippage, 4 orders
−$16.23
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$68.37
Costs to cover
0.362%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; Aster: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 2 min ago0.56 bp7.4 bp −$713.3 bp −$13338.9 bp −$3,891doesn't fit
Sell Aster live order book, 2 min ago3.95 bp12.7 bp −$1331.2 bp −$312doesn't fitdoesn't fit

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
Nado UNI-PERP−0.0145%1h8.8550−0.011%$802K$4.7M10xas long as short
01 Exchange UNIUSD−0.0080%1h8.8608+0.054%$442$510xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.8647+0.098%$4.8M$8.5M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8601+0.047%$48K150xas long as short
Deribit UNI_USDC-PERPETUAL+0.0022%1h8.8651+0.103%$568K$202K50xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.294%$660$153K12xas long as short
Polymarket Perps UNI-USD+0.0084%1h8.8578+0.020%$99K$499K10xas long as short
Lighter UNI+0.0096%1h8.8637+0.087%$4.5M$5.5M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8610+0.057%$25K20xas long as short
Aster UNIUSDTshort+0.0100%8h8.8561+0.001%$751K$3.6M50x
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.8640+0.090%$284K$612K10xas long as short
Binance UNIUSDT+0.0100%8h8.8540−0.023%$215.3M$658.1M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8530−0.034%$99.0M$112.4M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8520−0.045%$53.6M$262.5M50xas long as short
Arcus UNI-USD+0.0100%1h8.8700+0.158%$330K$686K10xas long as short
Gate UNI_USDT+0.0100%8h8.8540−0.023%$23.5M$64.6M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8530−0.034%$46.5M$26.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8540−0.023%$13.2M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8520−0.045%$32.6M$46.5M75xas long as short
BingX UNI-USDC+0.0100%8h8.8520−0.045%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8600+0.045%$1.0M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8829+0.304%$4.1M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.8945+0.435%$168K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8871+0.351%$620K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8960+0.452%$91K$705K50xas long as short
StandX UNI-USD+0.0100%1h8.8970+0.463%$15K$3.4M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8640+0.090%$16K$1.6M10xas long as short
SunX UNI-USDT+0.0100%8h8.8638+0.088%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8600+0.045%$22K$852K10xas long as short
HTX UNI-USDT+0.0100%8h8.8734+0.196%$707K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8600+0.045%$26.8M$4.3M50xas long as short
Extended UNI-USD+0.0104%1h8.8467−0.105%$296K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8595+0.040%$31K3xas long as short
dYdX UNI-USD+0.0126%1h8.8674+0.129%$233K$31K10xas long as short
Hyperliquid UNI+0.0129%1h8.8673+0.128%$94.4M$66.5M10xas long as short
Coinbase International UNI-PERP-INTX+0.0184%1h8.8650+0.102%$928K$5.8M50xas long as short
BloFin UNI-USDTlong+0.0220%8h8.8560long leg$10.0M$3.6M75x
Reya UNIRUSDPERP+0.0376%1h8.8565+0.005%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8611+0.058%$630K120xas long as short
Aftermath Perps UNIUSD+0.0645%1h8.8869+0.349%$865$45K10xas long as short