Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0716%/8h= +78.3% APRpaid last 24h +0.247%

Price spread now: Aftermath Perps against Bybit+0.181%7-day average — · you sell dearer than you buy

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

Long on Bybit 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

Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Aftermath Perps is 0.181% dearer against Bybit than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit UNIUSDT	9.0200	0.0075	pay 0.0075% / 8h	33m 09s	$102.8M	$105.0M	75x
Short	Aftermath Perps UNIUSD	9.0363	0.0791	get 0.0099% / 1h	33m 09s	$1K	$49K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Bybit. 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 BybitbpFee Aftermath PerpsbpOrdersPrice spread, now +0.181%Rate

Funding earned: $150.26
Price spread: +0.181% → 0.000%: $18.11
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $148.37
Costs to cover: 0.200%
Break-even: 0.1 days

Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago	0.56 bp	10.7 bp −$11	20.3 bp −$203	37.7 bp −$3,773	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−2.106%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0296	+0.106%	$62K	—	150x	as long as short
Variational Omni UNI	+0.0033%	8h	9.0185	−0.017%	$4.1M	$4.4M	—	as long as short
dYdX UNI-USD	+0.0045%	1h	9.0086	−0.127%	$249K	$6K	10x	as long as short
Bybit UNIUSDTlong	+0.0075%	8h	9.0200	long leg	$102.8M	$105.0M	75x
OKX UNI-USDT-SWAP	+0.0089%	8h	9.0210	+0.011%	$55.3M	$249.9M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0290	+0.100%	$954K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0263	+0.070%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0134	−0.074%	$298K	$591K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0230	+0.033%	$223.0M	$589.3M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.0290	+0.100%	$279K	$620K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0220	+0.022%	$23.1M	$58.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0240	+0.044%	$43.8M	$24.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0280	+0.089%	$13.7M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0260	+0.067%	$33.0M	$42.1M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0200	0.000%	—	$6.5M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0357	+0.174%	$170K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0280	+0.089%	$638K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0110	−0.100%	$88K	$714K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0080	−0.133%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0360	+0.177%	$88K	$356K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0260	+0.067%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0338	+0.153%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0240	+0.044%	$25K	$674K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0408	+0.231%	$738K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0250	+0.055%	$27.2M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0093	−0.119%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0239	+0.043%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0295	+0.105%	$32K	$1K	3x	as long as short
Backpack UNI_USDC_PERP	+0.0104%	1h	9.0321	+0.134%	$1.0M	$2.4M	10x	as long as short
01 Exchange UNIUSD	+0.0200%	1h	9.0332	+0.146%	$451	—	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0200	0.000%	$10.1M	$3.5M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0226%	1h	9.0338	+0.153%	$582K	$176K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	9.0340	+0.155%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0364%	1h	9.0281	+0.090%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	9.0280	+0.088%	$568K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0560%	1h	9.0307	+0.118%	$5.0M	$7.0M	50x	as long as short
Hyperliquid UNI	+0.0584%	1h	9.0328	+0.142%	$99.1M	$58.9M	10x	as long as short
Aftermath Perps UNIUSDshort	+0.0791%	1h	9.0363	+0.181%	$1K	$49K	10x
Lighter UNI	+0.0944%	1h	9.0405	+0.227%	$4.6M	$5.2M	15x	as long as short