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% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%

Price spread now: KuCoin against Binance0.000%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$530.525% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days−0.010%−$1 · spread now 0.000%, 7d avg −0.012%

Together, before fees−0.011%−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UNIUSDT	8.9370	0.0100	pay 0.0100% / 8h	2h 27m	$218.6M	$595.1M	75x
Short	KuCoin UNIUSDTM	8.9370	0.0100	get 0.0100% / 8h	2h 27m	$13.9M	$13.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.012%: $1.21
Slippage, 4 orders: −$30.53
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$51.32
Costs to cover: 0.525%
Break-even: never at this rate

Slippage from Binance: live order book, 16 min ago; KuCoin: live order book, 6 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 Binance live order book, 16 min ago	0.56 bp	6.9 bp −$7	13.2 bp −$132	43.0 bp −$4,304	180.4 bp −$90.2K
Sell KuCoin live order book, 6 min ago	2.25 bp	23.3 bp −$23	28.5 bp −$285	65.1 bp −$6,509	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
Variational Omni UNI	−0.0175%	8h	8.9141	−0.256%	$3.9M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0132%	8h	8.9370	0.000%	$102.1M	$105.8M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9189	−0.203%	$564K	$137K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.9211	−0.178%	$80K	—	150x	as long as short
01 Exchange UNIUSD	+0.0008%	1h	8.9324	−0.051%	$446	—	10x	as long as short
OKX UNI-USDT-SWAP	+0.0015%	8h	8.9360	−0.011%	$55.0M	$248.7M	50x	as long as short
dYdX UNI-USD	+0.0081%	1h	8.9406	+0.040%	$248K	$5K	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9373	+0.004%	$26K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9210	−0.179%	$853K	$3.9M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9409	+0.043%	$1.0M	$3.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.9391	+0.024%	$302K	$564K	10x	as long as short
Binance UNIUSDTlong	+0.0100%	8h	8.9370	long leg	$218.6M	$595.1M	75x
Arcus UNI-USD	+0.0100%	1h	8.9370	0.000%	$275K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9380	+0.011%	$23.2M	$59.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9360	−0.011%	$43.4M	$24.6M	200x	as long as short
KuCoin UNIUSDTMshort	+0.0100%	8h	8.9370	0.000%	$13.9M	$13.7M	75x
Bitget UNIUSDT	+0.0100%	8h	8.9340	−0.034%	$32.4M	$41.5M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9350	−0.022%	—	$49.9M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9300	−0.078%	$992K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8913	−0.511%	$167K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9116	−0.285%	$625K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9180	−0.213%	$84K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9160	−0.235%	$106K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9314	−0.063%	$87K	$324K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9130	−0.269%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9240	−0.145%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9129	−0.270%	$25K	$666K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9314	−0.063%	$728K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9180	−0.213%	$26.9M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9353	−0.019%	$308K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9160	−0.235%	$32K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.9440	+0.078%	$1.0M	$5.4M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9320	−0.056%	$9.8M	$3.4M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0267%	1h	8.9181	−0.211%	$5.0M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0305%	1h	8.9478	+0.121%	$97.3M	$59.9M	10x	as long as short
Reya UNIRUSDPERP	+0.0360%	1h	8.9174	−0.220%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.9204	−0.185%	$560K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0516%	1h	8.8954	−0.466%	$1K	$50K	10x	as long as short
Lighter UNI	+0.0560%	1h	8.9534	+0.184%	$4.6M	$5.4M	15x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−1.645%	$657	$97K	12x	as long as short