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 −0.003%

Price spread now: Binance against KuCoin+0.033%7-day average +0.012% · 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−$57as in the Price arb table

costs, in and out, $10k−$590.594% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 7 days−0.036%−$4 · spread now +0.033%, 7d avg +0.012%

Together, before fees−0.034%−$3 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: Binance is 0.021% dearer against KuCoin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UNIUSDTM	9.0730	0.0100	pay 0.0100% / 8h	5h 39m	$13.6M	$12.9M	75x
Short	Binance UNIUSDT	9.0760	0.0100	get 0.0100% / 8h	5h 39m	$226.3M	$610.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.033%Rate

Funding earned: $0
Price spread: +0.033% → +0.012%: $2.11
Slippage, 4 orders: −$37.39
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$57.28
Costs to cover: 0.594%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 5 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 KuCoin live order book, 5 min ago	1.10 bp	21.3 bp −$21	28.3 bp −$283	64.9 bp −$6,494	doesn't fit
Sell Binance live order book, 5 min ago	0.55 bp	9.1 bp −$9	16.6 bp −$166	48.0 bp −$4,798	170.8 bp −$85.4K

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	9.0461	−0.296%	$19K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.678%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0088%	1h	9.0469	−0.288%	$451	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0405	−0.358%	$941K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0641	−0.098%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0550	−0.198%	$295K	$568K	10x	as long as short
Binance UNIUSDTshort	+0.0100%	8h	9.0760	+0.033%	$226.3M	$610.2M	75x
Bybit UNIUSDT	+0.0100%	8h	9.0770	+0.044%	$102.1M	$107.8M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0790	+0.066%	$56.0M	$252.9M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0540	−0.209%	$287K	$619K	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	9.0710	−0.022%	$23.4M	$59.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0710	−0.022%	$49.1M	$25.1M	200x	as long as short
KuCoin UNIUSDTMlong	+0.0100%	8h	9.0730	long leg	$13.6M	$12.9M	75x
Bitget UNIUSDT	+0.0100%	8h	9.0660	−0.077%	$33.2M	$42.6M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0760	+0.033%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0577	−0.169%	$990K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0797	+0.074%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0903	+0.191%	$171K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1249	+0.572%	$637K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1290	+0.617%	$89K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0810	+0.088%	$58K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0488	−0.267%	$88K	$412K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0450	−0.309%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0515	−0.237%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0470	−0.287%	$22K	$755K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0584	−0.161%	$715K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0530	−0.220%	$27.3M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0494	−0.260%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0645	−0.094%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0475	−0.281%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0135%	1h	9.0538	−0.212%	$238K	$30K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0214%	1h	9.0521	−0.231%	$582K	$193K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0510	−0.242%	$10.4M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0271%	1h	9.0523	−0.229%	$5.1M	$7.3M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.0520	−0.231%	$1.1M	$5.0M	50x	as long as short
Reya UNIRUSDPERP	+0.0370%	1h	9.0444	−0.315%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0440	−0.320%	$644K	—	120x	as long as short
Hyperliquid UNI	+0.0549%	1h	9.0706	−0.026%	$98.5M	$59.4M	10x	as long as short
Lighter UNI	+0.0592%	1h	9.0676	−0.060%	$4.7M	$5.6M	15x	as long as short
Aftermath Perps UNIUSD	+0.0977%	1h	9.0945	+0.237%	$931	$47K	10x	as long as short