Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bitget+0.110%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$610.609% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 7 days−0.070%−$7 · spread now +0.110%, 7d avg +0.031%

Together, before fees−0.061%−$6 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 0.079% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget UNIUSDT	9.0840	0.0100	pay 0.0100% / 8h	4h 00m	$33.5M	$45.1M	75x
Short	KuCoin UNIUSDTM	9.0940	0.0100	get 0.0100% / 8h	4h 00m	$13.6M	$13.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now +0.110%Rate

Funding earned: $0
Price spread: +0.110% → +0.031%: $7.93
Slippage, 4 orders: −$36.86
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$52.93
Costs to cover: 0.609%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 8 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 Bitget live order book, 3 min ago	0.55 bp	11.5 bp −$12	19.1 bp −$191	33.6 bp −$3,364	doesn't fit
Sell KuCoin live order book, 8 min ago	2.21 bp	18.3 bp −$18	22.4 bp −$224	54.8 bp −$5,477	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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0940	+0.111%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.796%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.0889	+0.054%	$454	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0835	−0.006%	$968K	$4.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0997	+0.173%	$819K	$3.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0959	+0.131%	$294K	$600K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0930	+0.099%	$223.4M	$639.7M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0900	+0.066%	$102.2M	$111.5M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0930	+0.099%	$55.3M	$262.8M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0910	+0.077%	$317K	$652K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.0870	+0.033%	$23.7M	$64.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0870	+0.033%	$47.9M	$25.5M	200x	as long as short
KuCoin UNIUSDTMshort	+0.0100%	8h	9.0940	+0.110%	$13.6M	$13.2M	75x
Bitget UNIUSDTlong	+0.0100%	8h	9.0840	long leg	$33.5M	$45.1M	75x
BingX UNI-USDC	+0.0100%	8h	9.0840	0.000%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1036	+0.216%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0909	+0.076%	$4.3M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0773	−0.074%	$171K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0740	−0.110%	$643K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0840	0.000%	$96K	$702K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0690	−0.165%	$16K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0984	+0.159%	$86K	$430K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0940	+0.110%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1036	+0.216%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0941	+0.111%	$22K	$792K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0957	+0.129%	$732K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0930	+0.099%	$27.5M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0806	−0.037%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0790	−0.055%	$293K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0955	+0.126%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0186%	1h	9.0933	+0.102%	$239K	$30K	10x	as long as short
Lighter UNI	+0.0200%	1h	9.1084	+0.269%	$4.6M	$5.9M	15x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0980	+0.154%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.1000	+0.176%	$953K	$5.9M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.1006	+0.183%	$5.0M	$8.0M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0282%	1h	9.1007	+0.184%	$583K	$208K	50x	as long as short
Hyperliquid UNI	+0.0302%	1h	9.1042	+0.223%	$98.6M	$62.4M	10x	as long as short
Reya UNIRUSDPERP	+0.0373%	1h	9.0932	+0.101%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0947	+0.117%	$648K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0913%	1h	9.0757	−0.092%	$884	$46K	10x	as long as short