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: BingX against KuCoin−0.033%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$640.636% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 7 days−0.002%$0 · spread now −0.033%, 7d avg −0.017%

Together, before fees−0.041%−$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UNIUSDTM	9.0550	0.0100	pay 0.0100% / 8h	3h 57m	$13.5M	$13.2M	75x
Short	BingX UNI-USDC	9.0520	0.0100	get 0.0100% / 8h	3h 57m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.033%Rate

Funding earned: $0
Price spread: −0.033% → −0.017%: −$1.65
Slippage, 4 orders: −$41.57
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$65.22
Costs to cover: 0.636%
Break-even: never at this rate

Slippage from KuCoin: live order book, 11 min ago; BingX: 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 KuCoin live order book, 11 min ago	2.21 bp	21.3 bp −$21	30.9 bp −$309	74.3 bp −$7,433	doesn't fit
Sell BingX live order book, 3 min ago	1.10 bp	12.5 bp −$13	27.0 bp −$270	80.6 bp −$8,060	801.6 bp −$400.8K

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
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	9.0621	+0.079%	$581K	$208K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0599	+0.054%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.485%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0080%	1h	9.0506	−0.049%	$452	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0495	−0.061%	$969K	$4.4M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0578	+0.031%	$98.0M	$62.5M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0596	+0.051%	$815K	$3.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0546	−0.004%	$293K	$602K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0480	−0.077%	$222.3M	$640.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0460	−0.099%	$101.7M	$111.5M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0460	−0.099%	$55.1M	$261.6M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0620	+0.077%	$316K	$653K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0490	−0.066%	$23.6M	$63.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0540	−0.011%	$47.7M	$25.4M	200x	as long as short
KuCoin UNIUSDTMlong	+0.0100%	8h	9.0550	long leg	$13.5M	$13.2M	75x
Bitget UNIUSDT	+0.0100%	8h	9.0460	−0.099%	$33.3M	$45.1M	75x	as long as short
BingX UNI-USDCshort	+0.0100%	8h	9.0520	−0.033%	—	$6.5M	—
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0619	+0.076%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0909	+0.397%	$4.3M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0917	+0.405%	$171K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0816	+0.293%	$643K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1040	+0.541%	$96K	$701K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0670	+0.133%	$16K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0496	−0.060%	$86K	$430K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0580	+0.033%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0709	+0.176%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0580	+0.033%	$22K	$792K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0760	+0.232%	$730K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0600	+0.055%	$27.4M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0489	−0.068%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0435	−0.127%	$293K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0581	+0.034%	$32K	—	3x	as long as short
Lighter UNI	+0.0136%	1h	9.0675	+0.138%	$4.6M	$5.8M	15x	as long as short
Coinbase International UNI-PERP-INTX	+0.0216%	1h	9.0740	+0.210%	$950K	$5.9M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0930	+0.420%	$10.3M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	9.0637	+0.096%	$5.0M	$8.0M	50x	as long as short
dYdX UNI-USD	+0.0291%	1h	9.0522	−0.030%	$238K	$30K	10x	as long as short
Reya UNIRUSDPERP	+0.0373%	1h	9.0462	−0.097%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0616	+0.072%	$645K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0895%	1h	9.0784	+0.259%	$923	$46K	10x	as long as short