Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%

Price spread now: KuCoin against ApeX Omni−0.549%7-day average −0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$112as in the Price arb table

costs, in and out, $10k−$640.641% of the position

Long on ApeX Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.054%−$5 on $10k

Price spread, last 3 days (all we have)+0.578%+$58 · spread now −0.549%, 7d avg −0.068%

Together, before fees+0.524%+$52 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: KuCoin is 0.481% cheaper against ApeX Omni than usual: you would sell low and buy high, −$48 on $10k if it goes back to its 7-day average of −0.068%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni UNIUSDT	9.1120	0.0100	pay 0.0013% / 1h	46m 41s	$90K	$713K	50x
Short	KuCoin UNIUSDTM	9.0620	0.0100	get 0.0100% / 8h	46m 41s	$13.8M	$13.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against ApeX Omni. 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 ApeX OmnibpFee KuCoinbpOrdersPrice spread, now −0.549%Rate

Funding earned: $0
Price spread: −0.549% → −0.068%: −$48.05
Slippage, 4 orders: −$42.06
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$112.12
Costs to cover: 0.641%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 32 min ago; KuCoin: live order book, 2 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 ApeX Omni live order book, 32 min ago	5.06 bp	12.9 bp −$13	102.8 bp −$1,028	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	0.55 bp	17.8 bp −$18	20.9 bp −$209	62.5 bp −$6,248	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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−3.095%	$660	$155K	12x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	9.0608	−0.562%	$583K	$175K	50x	as long as short
Variational Omni UNI	+0.0002%	8h	9.1084	−0.040%	$4.0M	$4.3M	—	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0544	−0.632%	$63K	—	150x	as long as short
Bybit UNIUSDT	+0.0056%	8h	9.0560	−0.615%	$103.4M	$104.5M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0082%	8h	9.0560	−0.615%	$55.8M	$250.3M	50x	as long as short
dYdX UNI-USD	+0.0089%	1h	9.0598	−0.573%	$251K	$6K	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0605	−0.565%	$975K	$4.1M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0681	−0.482%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0934	−0.204%	$302K	$586K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	9.0650	−0.516%	$224.3M	$588.6M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0870	−0.274%	$280K	$620K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0600	−0.571%	$23.3M	$58.1M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0620	−0.549%	$43.7M	$23.9M	200x	as long as short
KuCoin UNIUSDTMshort	+0.0100%	8h	9.0620	−0.549%	$13.8M	$13.5M	75x
Bitget UNIUSDT	+0.0100%	8h	9.0560	−0.615%	$32.9M	$41.9M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0610	−0.560%	—	$51.9M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1605	+0.532%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1401	+0.308%	$646K	$2.5M	10x	as long as short
ApeX Omni UNIUSDTlong	+0.0100%	1h	9.1120	long leg	$90K	$713K	50x
StandX UNI-USD	+0.0100%	1h	9.1200	+0.088%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0685	−0.477%	$88K	$356K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0570	−0.604%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0680	−0.483%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0635	−0.532%	$25K	$669K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0760	−0.395%	$740K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0590	−0.582%	$27.3M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0778	−0.375%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0583	−0.589%	$315K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0638	−0.529%	$32K	$1K	3x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0640	−0.527%	$10.0M	$3.5M	75x	as long as short
01 Exchange UNIUSD	+0.0232%	1h	9.0738	−0.419%	$453	—	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	9.0660	−0.505%	$1.1M	$5.4M	50x	as long as short
Backpack UNI_USDC_PERP	+0.0250%	1h	9.0631	−0.537%	$1.0M	$2.4M	10x	as long as short
Reya UNIRUSDPERP	+0.0363%	1h	9.0618	−0.551%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	9.0544	−0.632%	$570K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0558%	1h	9.0686	−0.476%	$5.1M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0771%	1h	9.0803	−0.348%	$1K	$49K	10x	as long as short
Hyperliquid UNI	+0.0876%	1h	9.0704	−0.457%	$100.0M	$59.0M	10x	as long as short
Lighter UNI	+0.1104%	1h	9.0801	−0.350%	$4.6M	$5.2M	15x	as long as short