UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.033%

Price spread now: BloFin against KuCoin−0.200%95s7-day average +0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$540.544% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.248%+$25 on $10k

Price spread, last 4 days (all we have)+0.385%+$38 · spread now −0.200%, 7d avg +0.018%

Together, before fees+0.632%+$63 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.218% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.200% now, against its 7-day average of +0.018%). If the spread goes back, that is −$22 on $10k: about 6.0 days of funding at the current rate (+$4 a day). The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UNIUSDTM	9.0200	0.0100	pay 0.0100% / 8h	3h 49m	$13.5M	$13.2M	75x
Short	BloFin UNI-USDT	9.0020	0.0220	get 0.0220% / 8h	3h 49m	$10.2M	$3.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.200%Rate

Funding earned: $25.2
Price spread: −0.200% → +0.018%: −$21.77
Slippage, 4 orders: −$30.4
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$50.97
Costs to cover: 0.544%
Break-even: 21.2 days

Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 4 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, 4 min ago	1.66 bp	22.0 bp −$22	30.3 bp −$303	69.0 bp −$6,898	doesn't fit
Sell BloFin live order book, 4 min ago	0.55 bp	10.8 bp −$11	16.6 bp −$166	33.6 bp −$3,360	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	9.0266	+0.073%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.106%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	9.0241	+0.045%	$450	$5	10x	as long as short
Lighter UNI	+0.0096%	1h	9.0357	+0.174%	$4.6M	$5.8M	15x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0280	+0.089%	$966K	$4.4M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0319	+0.132%	$97.6M	$62.1M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0271	+0.079%	$812K	$3.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0244	+0.048%	$293K	$605K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0260	+0.067%	$221.8M	$641.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0220	+0.022%	$101.4M	$111.4M	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	9.0200	0.000%	$54.9M	$260.9M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0320	+0.133%	$315K	$653K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0220	+0.022%	$23.7M	$63.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0230	+0.033%	$47.5M	$25.5M	200x	as long as short
KuCoin UNIUSDTMlong	+0.0100%	8h	9.0200	long leg	$13.5M	$13.2M	75x
Bitget UNIUSDT	+0.0100%	8h	9.0220	+0.022%	$33.2M	$45.2M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0220	+0.022%	—	$56.6M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0351	+0.167%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0039	−0.178%	$4.2M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0450	+0.277%	$171K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0380	+0.200%	$640K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0480	+0.310%	$95K	$701K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0260	+0.067%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0331	+0.145%	$86K	$431K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0210	+0.011%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0314	+0.126%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0265	+0.072%	$22K	$801K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0378	+0.197%	$722K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0330	+0.144%	$27.3M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0187	−0.015%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0165	−0.039%	$291K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0236	+0.040%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0204%	1h	9.0290	+0.100%	$578K	$207K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0216%	1h	9.0330	+0.144%	$945K	$5.8M	50x	as long as short
BloFin UNI-USDTshort	+0.0220%	8h	9.0020	−0.200%	$10.2M	$3.6M	75x
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.0342	+0.158%	$5.0M	$8.0M	50x	as long as short
Reya UNIRUSDPERP	+0.0374%	1h	9.0258	+0.064%	$16K	—	20x	as long as short
dYdX UNI-USD	+0.0375%	1h	9.0235	+0.038%	$238K	$30K	10x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0278	+0.086%	$643K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0891%	1h	9.0430	+0.255%	$1K	$46K	10x	as long as short