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 Gate+0.077%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$690.695% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 7 days−0.047%−$5 · spread now +0.077%, 7d avg +0.006%

Together, before fees−0.007%−$1 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 0.071% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UNI_USDT	9.0850	0.0100	pay 0.0100% / 8h	3h 59m	$23.7M	$64.0M	75x
Short	KuCoin UNIUSDTM	9.0920	0.0100	get 0.0100% / 8h	3h 59m	$13.6M	$13.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now +0.077%Rate

Funding earned: $0
Price spread: +0.077% → +0.006%: $7.07
Slippage, 4 orders: −$42.48
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$62.42
Costs to cover: 0.695%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 9 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 Gate live order book, 4 min ago	1.65 bp	13.4 bp −$13	23.8 bp −$238	41.1 bp −$4,105	65.2 bp −$32.6K
Sell KuCoin live order book, 9 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	9.0907	+0.063%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.807%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.0889	+0.043%	$454	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0835	−0.017%	$968K	$4.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0961	+0.122%	$818K	$3.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0959	+0.120%	$294K	$600K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0840	−0.011%	$223.2M	$639.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0810	−0.044%	$102.1M	$111.5M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0900	+0.055%	$55.4M	$262.7M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0910	+0.066%	$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_USDTlong	+0.0100%	8h	9.0850	long leg	$23.7M	$64.0M	75x
MEXC UNI_USDT	+0.0100%	8h	9.0860	+0.011%	$47.9M	$25.5M	200x	as long as short
KuCoin UNIUSDTMshort	+0.0100%	8h	9.0920	+0.077%	$13.6M	$13.1M	75x
Bitget UNIUSDT	+0.0100%	8h	9.0880	+0.033%	$33.5M	$45.1M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0840	−0.011%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0905	+0.061%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0909	+0.065%	$4.3M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0773	−0.085%	$171K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0740	−0.121%	$643K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0840	−0.011%	$96K	$702K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0690	−0.176%	$16K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0924	+0.081%	$86K	$430K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0910	+0.066%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0929	+0.087%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0860	+0.011%	$22K	$792K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1003	+0.168%	$732K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0870	+0.022%	$27.5M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0806	−0.048%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0810	−0.044%	$293K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0929	+0.087%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0186%	1h	9.0933	+0.091%	$239K	$30K	10x	as long as short
Lighter UNI	+0.0208%	1h	9.1000	+0.165%	$4.6M	$5.9M	15x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0980	+0.143%	$10.3M	$3.6M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0248%	1h	9.0974	+0.137%	$583K	$208K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.0930	+0.088%	$953K	$5.9M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.0932	+0.090%	$5.0M	$8.0M	50x	as long as short
Hyperliquid UNI	+0.0299%	1h	9.0937	+0.096%	$98.5M	$62.4M	10x	as long as short
Reya UNIRUSDPERP	+0.0373%	1h	9.0877	+0.030%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0916	+0.072%	$647K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0905%	1h	9.0821	−0.032%	$923	$46K	10x	as long as short