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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against edgeX+0.305%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$550.545% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 4 days (all we have)−0.297%−$30 · spread now +0.305%, 7d avg −0.015%
Together, before fees−0.365%+ Points / potential airdropedgeX: Active · farm board−$36 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 0.320% dearer against edgeX than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX UNIUSDC8.95170.0100pay 0.0050% / 4h2h 15m$169K$346K20x
ShortKuCoin UNIUSDTM8.97900.0100get 0.0100% / 8h2h 15m$13.0M$13.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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
$0
Price spread: +0.305% → −0.015%
$31.97
Slippage, 4 orders
−$33.5
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$22.53
Costs to cover
0.545%
Break-even
never at this rate
Slippage from edgeX: live order book, 33 min ago; KuCoin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 33 min ago2.25 bp6.7 bp −$716.9 bp −$169doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago1.67 bp19.5 bp −$1927.5 bp −$27566.5 bp −$6,648doesn't fit

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−0.0053%1h8.9740+0.249%$822K$4.6M10xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.9742+0.251%$4.8M$8.5M50xas long as short
01 Exchange UNIUSD−0.0008%1h8.9794+0.309%$448$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9741+0.250%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.360%$660$153K12xas long as short
Polymarket Perps UNI-USD+0.0090%1h8.9785+0.299%$104K$559K10xas long as short
Lighter UNI+0.0096%1h8.9976+0.513%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9748+0.258%$26K20xas long as short
Aster UNIUSDT+0.0100%8h8.9794+0.310%$745K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.9894+0.421%$288K$612K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9760+0.271%$219.0M$657.5M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9750+0.260%$100.3M$111.6M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9750+0.260%$54.8M$266.6M50xas long as short
Arcus UNI-USD+0.0100%1h8.9850+0.372%$320K$703K10xas long as short
Gate UNI_USDT+0.0100%8h8.9750+0.260%$24.6M$66.3M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9770+0.283%$49.5M$27.2M200xas long as short
KuCoin UNIUSDTMshort+0.0100%8h8.9790+0.305%$13.0M$13.4M75x
Bitget UNIUSDT+0.0100%8h8.9770+0.283%$33.1M$45.6M75xas long as short
BingX UNI-USDC+0.0100%8h8.9720+0.227%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9819+0.337%$1.1M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.9660+0.160%$4.1M$4.2Mas long as short
edgeX UNIUSDClong+0.0100%4h8.9517long leg$169K$346K20x
GRVT UNI_USDT_Perp+0.0100%8h8.9630+0.127%$621K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9550+0.037%$90K$707K50xas long as short
StandX UNI-USD+0.0100%1h8.9510−0.008%$16K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9790+0.305%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9789+0.304%$37K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9717+0.223%$32K$865K10xas long as short
HTX UNI-USDT+0.0100%8h8.9860+0.383%$714K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9680+0.182%$27.1M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.9726+0.233%$301K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9720+0.227%$32K3xas long as short
Hyperliquid UNI+0.0153%1h8.9910+0.439%$95.8M$66.2M10xas long as short
dYdX UNI-USD+0.0167%1h8.9865+0.388%$237K$31K10xas long as short
Coinbase International UNI-PERP-INTX+0.0184%1h8.9830+0.350%$944K$5.6M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9520+0.003%$10.1M$3.7M75xas long as short
Deribit UNI_USDC-PERPETUAL+0.0249%1h8.9763+0.275%$575K$202K50xas long as short
Reya UNIRUSDPERP+0.0377%1h8.9758+0.269%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.9741+0.251%$639K120xas long as short
Aftermath Perps UNIUSD+0.0464%1h8.9341−0.196%$1K$54K10xas long as short