Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.021%

Price spread now: Aevo against GRVT−0.099%71s7-day average — · you buy dearer than you sell

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

Long on GRVT Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.099% cheaper against GRVT than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT UNI_USDT_Perp	8.8310	0.0100	pay 0.0100% / 8h	2h 51m	$619K	$2.6M	10x
Short	Aevo UNI-PERP	8.8223	0.0104	get 0.0013% / 1h	51m 43s	$31K	$1K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against GRVT. 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 GRVTbpFee AevobpOrdersPrice spread, now −0.099%Rate

Funding earned: $0.84
Price spread: −0.099% → 0.000%: −$9.91
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$34.07
Costs to cover: 0.250%
Break-even: 290.9 days

Slippage unknown: GRVT: live order book, 2 min ago; Aevo: 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 GRVT live order book, 2 min ago	1.70 bp	10.6 bp −$11	18.2 bp −$182	1829.3 bp −$182.9K	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.0201%	8h	8.8015	−0.335%	$3.9M	$4.9M	—	as long as short
Bybit UNIUSDT	−0.0193%	8h	8.8010	−0.340%	$102.5M	$103.9M	75x	as long as short
01 Exchange UNIUSD	−0.0064%	1h	8.8043	−0.302%	$439	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8223	−0.099%	$551K	$125K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8196	−0.129%	$79K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0010%	8h	8.8000	−0.351%	$54.2M	$244.3M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8051	−0.293%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8065	−0.278%	$851K	$3.9M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8156	−0.175%	$1.0M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8060	−0.283%	$297K	$559K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.8045	−0.300%	$215.7M	$593.7M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8120	−0.215%	$272K	$605K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8050	−0.294%	$22.9M	$58.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8060	−0.283%	$42.6M	$24.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8080	−0.261%	$13.7M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8010	−0.340%	$31.9M	$41.0M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8000	−0.351%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8172	−0.156%	$976K	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8265	−0.051%	$166K	$342K	20x	as long as short
GRVT UNI_USDT_Perplong	+0.0100%	8h	8.8310	long leg	$619K	$2.6M	10x
ApeX Omni UNIUSDT	+0.0100%	1h	8.8040	−0.306%	$83K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8250	−0.068%	$105K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8168	−0.161%	$87K	$336K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8170	−0.159%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8188	−0.138%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8150	−0.181%	$28K	$659K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8250	−0.068%	$721K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8180	−0.147%	$26.6M	$4.3M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8012	−0.337%	$307K	$1.4M	25x	as long as short
Aevo UNI-PERPshort	+0.0104%	1h	8.8223	−0.099%	$31K	$1K	3x
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8280	−0.034%	$1.0M	$5.3M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8190	−0.136%	$9.8M	$3.3M	75x	as long as short
dYdX UNI-USD	+0.0231%	1h	8.8100	−0.238%	$244K	$5K	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	8.8216	−0.106%	$4.9M	$7.1M	50x	as long as short
Reya UNIRUSDPERP	+0.0359%	1h	8.8121	−0.214%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	8.8209	−0.114%	$553K	—	120x	as long as short
Lighter UNI	+0.0408%	1h	8.8257	−0.060%	$4.5M	$5.3M	15x	as long as short
Hyperliquid UNI	+0.0411%	1h	8.8205	−0.119%	$95.7M	$59.6M	10x	as long as short
Aftermath Perps UNIUSD	+0.0504%	1h	8.8218	−0.104%	$1K	$50K	10x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−0.464%	$657	$97K	12x	as long as short