Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0715%/8h= −78.3% APRpaid last 24h −0.213%

Price spread now: Paradex against Aftermath Perps−0.062%7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on Paradex

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 airdropParadex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Paradex is 0.062% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps UNIUSD	9.0018	0.0815	pay 0.0102% / 1h	22m 19s	$1K	$49K	10x
Short	Paradex UNI-USD-PERP	8.9962	0.0100	get 0.0100% / 8h	22m 19s	$26K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Aftermath Perps. 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 Aftermath PerpsbpFee ParadexbpOrdersPrice spread, now −0.062%Rate

Funding earned: −$150.22
Price spread: −0.062% → 0.000%: −$6.21
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$169.43
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Paradex: 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Aftermath Perps and Paradex: 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	−1.908%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0093	+0.084%	$62K	—	150x	as long as short
Variational Omni UNI	+0.0051%	8h	8.9935	−0.092%	$4.1M	$4.4M	—	as long as short
OKX UNI-USDT-SWAP	+0.0093%	8h	9.0060	+0.047%	$55.0M	$250.0M	50x	as long as short
Bybit UNIUSDT	+0.0093%	8h	9.0060	+0.047%	$102.2M	$104.9M	75x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0035	+0.019%	$955K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0101	+0.092%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9971	−0.052%	$298K	$593K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0105	+0.097%	$222.9M	$590.3M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0120	+0.114%	$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	9.0090	+0.081%	$23.0M	$58.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9980	−0.042%	$43.7M	$24.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0090	+0.081%	$13.7M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0070	+0.058%	$32.9M	$42.0M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0070	+0.058%	—	$52.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9969	−0.054%	$1.0M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9779	−0.265%	$169K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0060	+0.047%	$632K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9790	−0.253%	$88K	$711K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9830	−0.208%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0101	+0.093%	$85K	$363K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0090	+0.081%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9870	−0.164%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9905	−0.125%	$21K	$676K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0040	+0.025%	$719K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9930	−0.097%	$27.1M	$4.5M	50x	as long as short
Paradex UNI-USD-PERPshort	+0.0100%	8h	8.9962	−0.062%	$26K	—	20x
Extended UNI-USD	+0.0104%	1h	8.9955	−0.069%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0097	+0.088%	$32K	$1K	3x	as long as short
01 Exchange UNIUSD	+0.0176%	1h	9.0132	+0.127%	$450	—	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9920	−0.108%	$10.1M	$3.5M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0226%	1h	9.0139	+0.135%	$580K	$176K	50x	as long as short
dYdX UNI-USD	+0.0230%	1h	8.9958	−0.066%	$249K	$6K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	8.9960	−0.064%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0364%	1h	9.0056	+0.042%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	9.0094	+0.085%	$570K	—	120x	as long as short
Hyperliquid UNI	+0.0505%	1h	9.0197	+0.199%	$98.9M	$59.1M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0563%	1h	8.9958	−0.066%	$5.0M	$7.0M	50x	as long as short
Aftermath Perps UNIUSDlong	+0.0815%	1h	9.0018	long leg	$1K	$49K	10x
Lighter UNI	+0.0880%	1h	9.0095	+0.086%	$4.6M	$5.2M	15x	as long as short