Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0405%/8h= +44.3% APRpaid last 24h +0.222%

Price spread now: Aftermath Perps against KuCoin−0.457%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aftermath Perps is 0.457% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.457% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$46 on $10k: about 3.8 days of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UNIUSDTM	8.9170	0.0100	pay 0.0100% / 8h	2h 30m	$13.9M	$13.7M	75x
Short	Aftermath Perps UNIUSD	8.8763	0.0505	get 0.0063% / 1h	30m 00s	$1K	$50K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against KuCoin. 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 KuCoinbpFee Aftermath PerpsbpOrdersPrice spread, now −0.457%Rate

Funding earned: $84.96
Price spread: −0.457% → 0.000%: −$45.67
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $18.29
Costs to cover: 0.210%
Break-even: 5.5 days

Slippage unknown: KuCoin: live order book, 4 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

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 KuCoin live order book, 4 min ago	2.25 bp	15.4 bp −$15	22.2 bp −$222	81.0 bp −$8,100	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Variational Omni UNI	−0.0175%	8h	8.9141	−0.033%	$3.9M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0143%	8h	8.9240	+0.079%	$101.9M	$105.8M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9198	+0.031%	$564K	$137K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.9121	−0.055%	$80K	—	150x	as long as short
01 Exchange UNIUSD	+0.0008%	1h	8.9198	+0.031%	$445	—	10x	as long as short
OKX UNI-USDT-SWAP	+0.0014%	8h	8.9200	+0.034%	$54.9M	$248.2M	50x	as long as short
dYdX UNI-USD	+0.0090%	1h	8.9156	−0.016%	$247K	$5K	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9101	−0.077%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9127	−0.048%	$853K	$3.9M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9200	+0.034%	$1.0M	$3.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.9160	−0.011%	$298K	$561K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9200	+0.034%	$218.2M	$594.8M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9220	+0.056%	$275K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9170	0.000%	$23.1M	$59.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9160	−0.011%	$43.3M	$24.6M	200x	as long as short
KuCoin UNIUSDTMlong	+0.0100%	8h	8.9170	long leg	$13.9M	$13.7M	75x
Bitget UNIUSDT	+0.0100%	8h	8.9170	0.000%	$32.4M	$41.4M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9170	0.000%	—	$49.9M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9228	+0.065%	$992K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8743	−0.479%	$167K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8615	−0.622%	$619K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8860	−0.348%	$84K	$712K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9170	0.000%	$106K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9182	+0.013%	$87K	$323K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9140	−0.034%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9170	0.000%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9130	−0.045%	$25K	$666K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9227	+0.064%	$730K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9140	−0.034%	$26.9M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9109	−0.068%	$302K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9160	−0.011%	$32K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.9250	+0.090%	$1.0M	$5.4M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9020	−0.168%	$9.8M	$3.3M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0267%	1h	8.9150	−0.022%	$5.0M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0305%	1h	8.9302	+0.148%	$97.1M	$59.9M	10x	as long as short
Reya UNIRUSDPERP	+0.0360%	1h	8.9171	+0.001%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.9123	−0.053%	$559K	—	120x	as long as short
Aftermath Perps UNIUSDshort	+0.0505%	1h	8.8763	−0.457%	$1K	$50K	10x
Lighter UNI	+0.0560%	1h	8.9332	+0.182%	$4.6M	$5.4M	15x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−1.424%	$657	$97K	12x	as long as short