Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0532%/8h= +58.2% APRpaid last 24h +0.230%
Price spread now: Aftermath Perps against Phemex+0.110%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Aftermath Perps is 0.110% dearer against Phemex than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex UNIUSDT8.87200.0100pay 0.0100% / 8h2h 33m$26.9M$4.3M50x
ShortAftermath Perps UNIUSD8.88170.0632get 0.0079% / 1h33m 03s$915$45K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Phemex. 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
$111.66
Price spread: +0.110% → 0.000%
$10.97
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$101.63
Costs to cover
0.210%
Break-even
0.6 days
Slippage unknown: Phemex: live order book, 6 min ago; Aftermath Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 6 min ago5.65 bp16.8 bp −$1730.5 bp −$305doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado UNI-PERP−0.0121%1h8.8675−0.051%$826K$4.7M10xas long as short
01 Exchange UNIUSD−0.0056%1h8.8707−0.015%$443$510xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.8762+0.047%$4.8M$8.5M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8718−0.002%$48K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.473%$660$153K12xas long as short
Polymarket Perps UNI-USD+0.0080%1h8.8671−0.055%$96K$514K10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0091%1h8.8766+0.052%$568K$203K50xas long as short
Lighter UNI+0.0096%1h8.8839+0.134%$4.5M$5.5M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8614−0.119%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8749+0.032%$750K$3.6M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.8660−0.068%$284K$612K10xas long as short
Binance UNIUSDT+0.0100%8h8.8760+0.045%$215.6M$659.3M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8760+0.045%$99.1M$112.3M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8700−0.023%$53.9M$263.8M50xas long as short
Arcus UNI-USD+0.0100%1h8.8830+0.124%$317K$700K10xas long as short
Gate UNI_USDT+0.0100%8h8.8730+0.011%$24.0M$65.4M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8740+0.023%$46.5M$26.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8730+0.011%$13.0M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8700−0.023%$32.6M$46.6M75xas long as short
BingX UNI-USDC+0.0100%8h8.8710−0.011%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8796+0.086%$1.0M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8991+0.306%$4.1M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.9193+0.534%$169K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8997+0.313%$621K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9240+0.586%$91K$706K50xas long as short
StandX UNI-USD+0.0100%1h8.8870+0.169%$15K$3.4M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8700−0.023%$16K$1.6M10xas long as short
SunX UNI-USDT+0.0100%8h8.8708−0.014%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8716−0.005%$32K$857K10xas long as short
HTX UNI-USDT+0.0100%8h8.8817+0.109%$708K$5.0M75xas long as short
Phemex UNIUSDTlong+0.0100%8h8.8720long leg$26.9M$4.3M50x
Extended UNI-USD+0.0104%1h8.8654−0.075%$286K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8686−0.039%$31K3xas long as short
Hyperliquid UNI+0.0138%1h8.8827+0.121%$94.5M$66.4M10xas long as short
dYdX UNI-USD+0.0160%1h8.8676−0.050%$233K$31K10xas long as short
Coinbase International UNI-PERP-INTX+0.0184%1h8.8800+0.090%$928K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8730+0.011%$10.0M$3.6M75xas long as short
Reya UNIRUSDPERP+0.0376%1h8.8668−0.058%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8733+0.014%$631K120xas long as short
Aftermath Perps UNIUSDshort+0.0632%1h8.8817+0.110%$915$45K10x