Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0310%/8h= −33.9% APRpaid last 24h −0.217%

Price spread now: SunX against Aftermath Perps+0.032%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on SunX

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. SunX is 0.032% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 8 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps UNIUSD	8.8396	0.0410	pay 0.0051% / 1h	21m 19s	$976	$52K	10x
Short	SunX UNI-USDT	8.8424	0.0100	get 0.0100% / 8h	21m 19s	$36K	$1.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$65.09
Price spread: +0.032% → 0.000%: $3.15
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$78.94
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; SunX: live order book, 3 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 SunX live order book, 3 min ago	6.24 bp	11.2 bp −$11	28.2 bp −$282	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
Kraken Futures PF_UNIUSD	−0.0307%	1h	8.8397	+0.001%	$4.7M	$8.6M	50x	as long as short
01 Exchange UNIUSD	−0.0016%	1h	8.8417	+0.024%	$441	$5	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	8.8408	+0.013%	$72K	—	150x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0017%	1h	8.8423	+0.030%	$586K	$268K	50x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.109%	$660	$153K	12x	as long as short
Nado UNI-PERP	+0.0038%	1h	8.8350	−0.052%	$724K	$4.7M	10x	as long as short
Polymarket Perps UNI-USD	+0.0063%	1h	8.8361	−0.040%	$105K	$615K	10x	as long as short
Lighter UNI	+0.0096%	1h	8.8464	+0.077%	$4.4M	$5.6M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8374	−0.025%	$25K	—	20x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.8440	+0.050%	$94.2M	$67.5M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster UNIUSDT	+0.0100%	8h	8.8402	+0.007%	$718K	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8410	+0.016%	$286K	$599K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8338	−0.065%	$213.9M	$651.9M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8320	−0.086%	$97.8M	$110.5M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8340	−0.064%	$54.1M	$260.6M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8460	+0.072%	$316K	$690K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8370	−0.030%	$26.0M	$66.4M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8350	−0.052%	$47.9M	$26.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8390	−0.007%	$13.0M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8330	−0.075%	$32.4M	$45.3M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8360	−0.041%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8405	+0.010%	$1.0M	$2.5M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8189	−0.235%	$4.1M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8146	−0.283%	$167K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8199	−0.223%	$612K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8200	−0.222%	$89K	$709K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8160	−0.267%	$14K	$3.4M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8330	−0.075%	$16K	$2.2M	10x	as long as short
SunX UNI-USDTshort	+0.0100%	8h	8.8424	+0.032%	$36K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	8.8330	−0.075%	$32K	$885K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8463	+0.076%	$697K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8310	−0.097%	$26.6M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8312	−0.096%	$285K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8365	−0.035%	$31K	—	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8400	+0.004%	$920K	$5.4M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8360	−0.041%	$10.1M	$3.6M	75x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.8403	+0.007%	$629K	—	120x	as long as short
Reya UNIRUSDPERP	+0.0381%	1h	8.8332	−0.072%	$16K	—	20x	as long as short
Aftermath Perps UNIUSDlong	+0.0410%	1h	8.8396	long leg	$976	$52K	10x
dYdX UNI-USD	+0.0556%	1h	8.8373	−0.026%	$233K	$30K	10x	as long as short