Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: KuCoin against Extended+0.059%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$490.490% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.104%−$10 on $10k

Price spread, last 7 days−0.064%−$6 · spread now +0.059%, 7d avg +0.029%

Together, before fees−0.168%+ Points / potential airdropExtended: Active · farm board−$17 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 0.031% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended UNI-USD	9.1006	0.0104	pay 0.0013% / 1h	45m 25s	$298K	$1.6M	25x
Short	KuCoin UNIUSDTM	9.1060	0.0100	get 0.0100% / 8h	4h 45m	$13.6M	$13.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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 ExtendedbpFee KuCoinbpOrdersPrice spread, now +0.059%Rate

Funding earned: −$0.84
Price spread: +0.059% → +0.029%: $3.06
Slippage, 4 orders: −$32.01
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$46.8
Costs to cover: 0.490%
Break-even: never at this rate

Slippage from Extended: live order book, 3 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 3 min ago	1.32 bp	3.9 bp −$4	7.9 bp −$79	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	2.20 bp	21.0 bp −$21	26.7 bp −$267	73.3 bp −$7,330	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	9.0977	−0.032%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.973%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	9.1075	+0.076%	$454	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0950	−0.061%	$925K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1132	+0.139%	$1.0M	$3.0M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0927	−0.087%	$295K	$590K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0996	−0.011%	$224.4M	$630.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0940	−0.072%	$102.0M	$110.8M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0970	−0.039%	$55.7M	$259.0M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0700	−0.336%	$287K	$633K	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	9.0990	−0.017%	$23.6M	$62.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1000	−0.006%	$48.5M	$25.3M	200x	as long as short
KuCoin UNIUSDTMshort	+0.0100%	8h	9.1060	+0.059%	$13.6M	$13.1M	75x
Bitget UNIUSDT	+0.0100%	8h	9.0980	−0.028%	$33.6M	$44.3M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0950	−0.061%	—	$56.6M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1011	+0.006%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0968	−0.041%	$4.3M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0727	−0.306%	$171K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0473	−0.585%	$627K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0730	−0.303%	$88K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1120	+0.125%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1030	+0.027%	$87K	$420K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0990	−0.017%	$16K	$1.6M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1106	+0.110%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1055	+0.054%	$22K	$783K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1120	+0.125%	$715K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0980	−0.028%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0973	−0.036%	$26K	—	20x	as long as short
dYdX UNI-USD	+0.0104%	1h	9.0923	−0.091%	$239K	$30K	10x	as long as short
Extended UNI-USDlong	+0.0104%	1h	9.1006	long leg	$298K	$1.6M	25x
Aevo UNI-PERP	+0.0104%	1h	9.1054	+0.053%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0156%	1h	9.1074	+0.075%	$583K	$193K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0970	−0.039%	$10.4M	$3.6M	75x	as long as short
Lighter UNI	+0.0224%	1h	9.1040	+0.037%	$4.6M	$5.8M	15x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.1130	+0.136%	$1.1M	$5.5M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	9.1085	+0.087%	$5.0M	$7.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0372%	1h	9.0976	−0.033%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0961	−0.049%	$648K	—	120x	as long as short
Hyperliquid UNI	+0.0442%	1h	9.1134	+0.141%	$99.0M	$61.8M	10x	as long as short
Aftermath Perps UNIUSD	+0.1032%	1h	9.0996	−0.011%	$874	$46K	10x	as long as short