Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0830%/8h= +90.9% APRpaid last 24h +0.222%

Price spread now: Aftermath Perps against Binance−0.316%7-day average — · you buy dearer than you sell

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

Long on Binance 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 0.316% cheaper against Binance than usual: you would sell low and buy high (spread −0.316% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$32 on $10k: about 30 hours of funding at the current rate (+$25 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UNIUSDT	9.1050	0.0100	pay 0.0100% / 8h	6h 22m	$227.6M	$611.2M	75x
Short	Aftermath Perps UNIUSD	9.0763	0.0930	get 0.0116% / 1h	22m 07s	$990	$48K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Binance. 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 BinancebpFee Aftermath PerpsbpOrdersPrice spread, now −0.316%Rate

Funding earned: $174.25
Price spread: −0.316% → 0.000%: −$31.56
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $123.69
Costs to cover: 0.190%
Break-even: 2.0 days

Slippage unknown: Binance: live order book, 7 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 Binance live order book, 7 min ago	0.55 bp	6.5 bp −$7	13.5 bp −$135	35.1 bp −$3,506	167.8 bp −$83.9K
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 39 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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.1107	+0.063%	$19K	—	150x	as long as short
dYdX UNI-USD	+0.0018%	1h	9.1322	+0.299%	$240K	$30K	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.020%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0040%	1h	9.1269	+0.241%	$455	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1137	+0.096%	$964K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.1208	+0.174%	$99.0M	$60.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1153	+0.113%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1315	+0.291%	$299K	$574K	10x	as long as short
Binance UNIUSDTlong	+0.0100%	8h	9.1050	long leg	$227.6M	$611.2M	75x
Bybit UNIUSDT	+0.0100%	8h	9.0940	−0.121%	$101.8M	$107.5M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0910	−0.154%	$56.2M	$255.1M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1370	+0.351%	$289K	$641K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1060	+0.011%	$23.3M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1090	+0.044%	$49.9M	$26.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1120	+0.077%	$13.5M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1020	−0.033%	$33.3M	$42.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1030	−0.022%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1079	+0.032%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0580	−0.516%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0454	−0.654%	$170K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0859	−0.210%	$632K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0890	−0.176%	$89K	$699K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0990	−0.066%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1273	+0.245%	$86K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1080	+0.033%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1299	+0.273%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1093	+0.047%	$22K	$712K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1300	+0.275%	$726K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1100	+0.055%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1272	+0.244%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1038	−0.013%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1097	+0.051%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0199%	1h	9.1151	+0.111%	$591K	$188K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.1190	+0.154%	$1.1M	$4.7M	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	9.1212	+0.178%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1118	+0.074%	$649K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0421%	1h	9.1128	+0.085%	$5.1M	$6.9M	50x	as long as short
Lighter UNI	+0.0448%	1h	9.1259	+0.230%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSDshort	+0.0930%	1h	9.0763	−0.316%	$990	$48K	10x