Funding you earn now, next payment 06:00 UTC−0.0532%/8h= −58.2% APRpaid last 24h −0.230%
Price spread now: Phemex against Aftermath Perps−0.110%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Phemex is 0.110% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$11 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 | 8.8817 | 0.0632 | pay 0.0079% / 1h | 33m 06s | $915 | $45K | 10x |
| Short | Phemex UNIUSDT | 8.8720 | 0.0100 | get 0.0100% / 8h | 2h 33m | $26.9M | $4.3M | 50x |
Aftermath Perps UNIUSD
Phemex UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$111.66
- Price spread: −0.110% → 0.000%
- −$10.96
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$143.61
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Phemex: live order book, 6 min ago. 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 Phemex live order book, 6 min ago | 5.65 bp | 16.3 bp −$16 | 25.6 bp −$256 | doesn't fit | doesn't fit |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado UNI-PERP | −0.0121% | 1h | 8.8675 | −0.160% | $826K | $4.7M | 10x | as long as short |
| 01 Exchange UNIUSD | −0.0056% | 1h | 8.8707 | −0.124% | $443 | $5 | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.8762 | −0.062% | $4.8M | $8.5M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8718 | −0.112% | $48K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.582% | $660 | $153K | 12x | as long as short |
| Polymarket Perps UNI-USD | +0.0080% | 1h | 8.8671 | −0.165% | $96K | $514K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0091% | 1h | 8.8766 | −0.057% | $568K | $203K | 50x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8839 | +0.024% | $4.5M | $5.5M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8614 | −0.229% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8749 | −0.077% | $750K | $3.6M | 50x | as long as short |
Nado UNI-PERP
01 Exchange UNIUSD
Kraken Futures PF_UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Polymarket Perps UNI-USD
Deribit UNI_USDC-PERPETUAL
Lighter UNI
Paradex UNI-USD-PERP
Aster UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.8660 | −0.177% | $284K | $612K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8760 | −0.065% | $215.6M | $659.3M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8760 | −0.065% | $99.1M | $112.3M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8700 | −0.132% | $53.9M | $263.8M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8830 | +0.014% | $317K | $700K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8730 | −0.098% | $24.0M | $65.4M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8740 | −0.087% | $46.5M | $26.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8730 | −0.098% | $13.0M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8700 | −0.132% | $32.6M | $46.6M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8710 | −0.121% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8796 | −0.024% | $1.0M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8991 | +0.196% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9193 | +0.423% | $169K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8997 | +0.203% | $621K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9240 | +0.476% | $91K | $706K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8870 | +0.059% | $15K | $3.4M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8700 | −0.132% | $16K | $1.6M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8708 | −0.123% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8716 | −0.114% | $32K | $857K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8817 | 0.000% | $708K | $5.0M | 75x | as long as short |
| Phemex UNIUSDTshort | +0.0100% | 8h | 8.8720 | −0.110% | $26.9M | $4.3M | 50x | |
| Extended UNI-USD | +0.0104% | 1h | 8.8654 | −0.184% | $286K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8686 | −0.148% | $31K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0138% | 1h | 8.8827 | +0.011% | $94.5M | $66.4M | 10x | as long as short |
| dYdX UNI-USD | +0.0160% | 1h | 8.8676 | −0.159% | $233K | $31K | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0184% | 1h | 8.8800 | −0.020% | $928K | $5.8M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8730 | −0.098% | $10.0M | $3.6M | 75x | as long as short |
| Reya UNIRUSDPERP | +0.0376% | 1h | 8.8668 | −0.168% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8733 | −0.095% | $631K | — | 120x | as long as short |
| Aftermath Perps UNIUSDlong | +0.0632% | 1h | 8.8817 | long leg | $915 | $45K | 10x |
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Extended UNI-USD
Aevo UNI-PERP
Hyperliquid UNI
dYdX UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]