Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.004%

Price spread now: Aster against Extended+0.149%7-day average +0.089% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$290.295% of the position

Long on Extended Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.042%−$4 on $10k

Price spread, last 7 days−0.056%−$6 · spread now +0.149%, 7d avg +0.089%

Together, before fees−0.098%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.061% dearer against Extended than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.089%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended UNI-USD	9.0873	0.0104	pay 0.0013% / 1h	5m 53s	$305K	$1.5M	25x
Short	Aster UNIUSDT	9.1008	0.0100	get 0.0100% / 8h	7h 05m	$1.0M	$2.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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 ExtendedbpFee AsterbpOrdersPrice spread, now +0.149%Rate

Funding earned: −$0.84
Price spread: +0.149% → +0.089%: $6.08
Slippage, 4 orders: −$16.48
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$24.24
Costs to cover: 0.295%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; Aster: live order book, 3 min ago.

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 Extended live order book, 2 min ago	0.05 bp	4.2 bp −$4	11.3 bp −$113	doesn't fit	doesn't fit
Sell Aster live order book, 3 min ago	2.73 bp	11.2 bp −$11	20.1 bp −$201	doesn't fit	doesn't fit

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
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	9.1013	+0.154%	$588K	$186K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0989	+0.128%	$19K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.831%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0096%	1h	9.1089	+0.238%	$455	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1070	+0.217%	$977K	$4.3M	10x	as long as short
Aster UNIUSDTshort	+0.0100%	8h	9.1008	+0.149%	$1.0M	$2.9M	50x
Pacifica UNI	+0.0100%	1h	9.1286	+0.455%	$302K	$586K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1004	+0.144%	$231.0M	$600.7M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0960	+0.096%	$102.4M	$107.3M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0970	+0.107%	$56.1M	$254.1M	50x	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	9.1220	+0.382%	$282K	$617K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0940	+0.074%	$23.2M	$60.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1010	+0.151%	$50.8M	$25.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0950	+0.085%	$13.7M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0940	+0.074%	$33.4M	$42.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0990	+0.129%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0964	+0.101%	$998K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0908	+0.039%	$4.1M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1543	+0.738%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1560	+0.756%	$638K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1520	+0.713%	$89K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1430	+0.613%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1115	+0.267%	$84K	$388K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1010	+0.151%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1167	+0.324%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1021	+0.163%	$22K	$709K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1232	+0.396%	$720K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1070	+0.217%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1119	+0.271%	$26K	—	20x	as long as short
Extended UNI-USDlong	+0.0104%	1h	9.0873	long leg	$305K	$1.5M	25x
Aevo UNI-PERP	+0.0104%	1h	9.1016	+0.157%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0198%	1h	9.1304	+0.474%	$245K	$24K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1460	+0.647%	$10.6M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1160	+0.316%	$1.1M	$4.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0367%	1h	9.1025	+0.168%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	9.0973	+0.111%	$575K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0386%	1h	9.1072	+0.220%	$5.0M	$7.0M	50x	as long as short
Hyperliquid UNI	+0.0529%	1h	9.1092	+0.242%	$100.2M	$58.5M	10x	as long as short
Lighter UNI	+0.0960%	1h	9.1222	+0.385%	$4.6M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.1066%	1h	9.1539	+0.733%	$895	$49K	10x	as long as short