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+0.048%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$340.343% 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)−0.022%−$2 · spread now +0.048%, 7d avg +0.070%
Together, before fees−0.207%+ 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 0.022% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.070%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin UNI-USDT8.83600.0220pay 0.0220% / 8h21m 17s$10.1M$3.6M75x
ShortAster UNIUSDT8.84020.0100get 0.0100% / 8h21m 17s$718K$3.3M50x

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: +0.048% → +0.070%
−$2.16
Slippage, 4 orders
−$14.34
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$61.7
Costs to cover
0.343%
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 ago1.13 bp8.2 bp −$816.6 bp −$16642.8 bp −$4,276doesn't fit
Sell Aster live order book, 2 min ago2.27 bp10.3 bp −$1022.8 bp −$228doesn'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
Kraken Futures PF_UNIUSD−0.0307%1h8.8397+0.042%$4.7M$8.6M50xas long as short
01 Exchange UNIUSD−0.0016%1h8.8417+0.065%$441$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.8408+0.054%$72K150xas long as short
Deribit UNI_USDC-PERPETUAL+0.0017%1h8.8423+0.071%$586K$268K50xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.068%$660$153K12xas long as short
Nado UNI-PERP+0.0038%1h8.8350−0.011%$724K$4.7M10xas long as short
Polymarket Perps UNI-USD+0.0063%1h8.8361+0.001%$105K$615K10xas long as short
Lighter UNI+0.0096%1h8.8464+0.118%$4.4M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8374+0.015%$25K20xas long as short
Hyperliquid UNI+0.0100%1h8.8440+0.091%$94.2M$67.5M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster UNIUSDTshort+0.0100%8h8.8402+0.048%$718K$3.3M50x
Pacifica UNI+0.0100%1h8.8410+0.057%$286K$599K10xas long as short
Binance UNIUSDT+0.0100%8h8.8338−0.025%$213.9M$651.9M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8320−0.045%$97.8M$110.5M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8340−0.023%$54.1M$260.6M50xas long as short
Arcus UNI-USD+0.0100%1h8.8460+0.113%$316K$690K10xas long as short
Gate UNI_USDT+0.0100%8h8.8370+0.011%$26.0M$66.4M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8350−0.011%$47.9M$26.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8390+0.034%$13.0M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8330−0.034%$32.4M$45.3M75xas long as short
BingX UNI-USDC+0.0100%8h8.83600.000%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8405+0.051%$1.0M$2.5M10xas long as short
Variational Omni UNI+0.0100%8h8.8189−0.194%$4.1M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h8.8146−0.242%$167K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8199−0.182%$612K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8200−0.181%$89K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.8160−0.226%$14K$3.4M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8330−0.034%$16K$2.2M10xas long as short
SunX UNI-USDT+0.0100%8h8.8424+0.072%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8330−0.034%$32K$885K10xas long as short
HTX UNI-USDT+0.0100%8h8.8463+0.117%$697K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8310−0.057%$26.6M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8312−0.055%$285K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8365+0.006%$31K3xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8400+0.045%$920K$5.4M50xas long as short
BloFin UNI-USDTlong+0.0220%8h8.8360long leg$10.1M$3.6M75x
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8403+0.048%$629K120xas long as short
Reya UNIRUSDPERP+0.0381%1h8.8332−0.031%$16K20xas long as short
Aftermath Perps UNIUSD+0.0410%1h8.8396+0.041%$976$52K10xas long as short
dYdX UNI-USD+0.0556%1h8.8373+0.015%$233K$30K10xas long as short