UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.033%

Price spread now: KuCoin against BloFin−0.157%65s7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$530.534% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.248%−$25 on $10k

Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.157%, 7d avg −0.016%

Together, before fees−0.190%−$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.141% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.016%). Swap the legs. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin UNI-USDT	8.8900	0.0220	pay 0.0220% / 8h	38m 06s	$10.0M	$3.6M	75x
Short	KuCoin UNIUSDTM	8.8760	0.0100	get 0.0100% / 8h	38m 06s	$13.0M	$13.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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 BloFinbpFee KuCoinbpOrdersPrice spread, now −0.157%Rate

Funding earned: −$25.2
Price spread: −0.157% → −0.016%: −$14.14
Slippage, 4 orders: −$29.45
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$92.78
Costs to cover: 0.534%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; KuCoin: live order book, 11 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 BloFin live order book, 6 min ago	3.93 bp	10.4 bp −$10	14.6 bp −$146	36.1 bp −$3,615	doesn't fit
Sell KuCoin live order book, 11 min ago	1.68 bp	13.1 bp −$13	16.8 bp −$168	60.2 bp −$6,019	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
Kraken Futures PF_UNIUSD	−0.0306%	1h	8.8789	−0.124%	$4.7M	$8.6M	50x	as long as short
01 Exchange UNIUSD	−0.0024%	1h	8.8793	−0.120%	$443	$5	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8804	−0.108%	$585K	$251K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.8788	−0.126%	$49K	—	150x	as long as short
Nado UNI-PERP	+0.0024%	1h	8.8735	−0.186%	$730K	$4.7M	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.675%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0072%	1h	8.8758	−0.160%	$106K	$616K	10x	as long as short
Lighter UNI	+0.0096%	1h	8.8865	−0.039%	$4.5M	$5.6M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8840	−0.067%	$25K	—	20x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.8826	−0.083%	$94.5M	$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	8.8787	−0.127%	$727K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8870	−0.033%	$287K	$600K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8720	−0.202%	$214.5M	$657.2M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8710	−0.214%	$98.3M	$111.3M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8700	−0.225%	$54.2M	$264.3M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8890	−0.011%	$317K	$701K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8720	−0.202%	$25.5M	$65.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8780	−0.135%	$48.4M	$26.1M	200x	as long as short
KuCoin UNIUSDTMshort	+0.0100%	8h	8.8760	−0.157%	$13.0M	$13.3M	75x
Bitget UNIUSDT	+0.0100%	8h	8.8690	−0.236%	$32.4M	$45.4M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.8720	−0.202%	—	$56.9M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8770	−0.146%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9018	+0.132%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9058	+0.178%	$169K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9001	+0.113%	$617K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9110	+0.236%	$90K	$711K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8940	+0.045%	$15K	$3.4M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8740	−0.180%	$17K	$2.1M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8859	−0.046%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8720	−0.202%	$32K	$889K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8960	+0.067%	$699K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8780	−0.135%	$26.8M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8701	−0.223%	$288K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8706	−0.218%	$31K	—	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8950	+0.056%	$926K	$5.5M	50x	as long as short
BloFin UNI-USDTlong	+0.0220%	8h	8.8900	long leg	$10.0M	$3.6M	75x
Reya UNIRUSDPERP	+0.0380%	1h	8.8744	−0.175%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.8781	−0.134%	$631K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0430%	1h	8.9007	+0.120%	$985	$53K	10x	as long as short
dYdX UNI-USD	+0.0599%	1h	8.8895	−0.006%	$234K	$30K	10x	as long as short