Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h 0.000%

Price spread now: 01 Exchange against Aster−0.027%54s7-day average — · you buy dearer than you sell

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

Long on Aster Short on 01 Exchange

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. 01 Exchange is 0.027% cheaper against Aster than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 28 hours of funding at the current rate (+$2 a day). The two prices were read 54 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	Aster UNIUSDT	8.9818	0.0100	pay 0.0100% / 8h	24m 40s	$1.0M	$3.3M	50x
Short	01 Exchange UNIUSD	8.9794	0.0176	get 0.0022% / 1h	24m 40s	$448	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Aster. 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 AsterbpFee 01 ExchangebpOrdersPrice spread, now −0.027%Rate

Funding earned: $15.96
Price spread: −0.027% → 0.000%: −$2.66
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$1.7
Costs to cover: 0.150%
Break-even: 7.7 days

Slippage unknown: Aster: live order book, 4 min ago; 01 Exchange: 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 Aster live order book, 4 min ago	1.66 bp	7.6 bp −$8	23.4 bp −$234	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	−1.690%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9816	−0.002%	$62K	—	150x	as long as short
Variational Omni UNI	+0.0051%	8h	8.9935	+0.130%	$4.1M	$4.4M	—	as long as short
OKX UNI-USDT-SWAP	+0.0090%	8h	8.9740	−0.087%	$54.9M	$248.9M	50x	as long as short
Bybit UNIUSDT	+0.0091%	8h	8.9720	−0.109%	$101.8M	$105.0M	75x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9740	−0.087%	$953K	$4.2M	10x	as long as short
Aster UNIUSDTlong	+0.0100%	8h	8.9818	long leg	$1.0M	$3.3M	50x
Pacifica UNI	+0.0100%	1h	8.9755	−0.070%	$297K	$593K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9760	−0.064%	$222.1M	$590.2M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9840	+0.025%	$265K	$632K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	8.9780	−0.042%	$23.0M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9790	−0.031%	$43.6M	$24.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9770	−0.053%	$13.6M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9760	−0.064%	$32.8M	$42.1M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9770	−0.053%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9780	−0.042%	$1.0M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9917	+0.111%	$169K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0060	+0.270%	$632K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9950	+0.147%	$88K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9880	+0.069%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9820	+0.002%	$85K	$363K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9790	−0.031%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9831	+0.015%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9769	−0.054%	$21K	$676K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9860	+0.047%	$717K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9720	−0.109%	$27.1M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9739	−0.088%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9727	−0.102%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9797	−0.023%	$32K	$1K	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0112%	1h	8.9822	+0.004%	$578K	$176K	50x	as long as short
dYdX UNI-USD	+0.0174%	1h	8.9788	−0.033%	$249K	$6K	10x	as long as short
01 Exchange UNIUSDshort	+0.0176%	1h	8.9794	−0.027%	$448	—	10x
BloFin UNI-USDT	+0.0220%	8h	8.9730	−0.098%	$10.0M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	8.9820	+0.002%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0364%	1h	8.9766	−0.058%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	8.9828	+0.012%	$568K	—	120x	as long as short
Hyperliquid UNI	+0.0519%	1h	8.9847	+0.032%	$98.5M	$59.0M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0563%	1h	8.9825	+0.008%	$5.0M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0802%	1h	8.9995	+0.198%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0880%	1h	8.9942	+0.138%	$4.6M	$5.2M	15x	as long as short