Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%

Price spread now: MEXC against KuCoin+0.011%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$430.427% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days−0.027%−$3 · spread now +0.011%, 7d avg +0.007%

Together, before fees−0.026%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UNIUSDTM	8.8140	0.0100	pay 0.0100% / 8h	2h 11m	$13.3M	$13.9M	75x
Short	MEXC UNI_USDT	8.8150	0.0100	get 0.0100% / 8h	2h 11m	$42.6M	$24.8M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.011%Rate

Funding earned: $0
Price spread: +0.011% → +0.007%: $0.39
Slippage, 4 orders: −$26.69
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$42.3
Costs to cover: 0.427%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; MEXC: live order book, 8 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, 8 min ago	1.68 bp	19.2 bp −$19	25.9 bp −$259	62.7 bp −$6,274	doesn't fit
Sell MEXC live order book, 8 min ago	0.56 bp	5.5 bp −$5	10.0 bp −$100	19.8 bp −$1,976	150.4 bp −$75.2K

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	−0.0136%	8h	8.8841	+0.795%	$4.0M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0083%	8h	8.8160	+0.023%	$100.6M	$106.3M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8192	+0.059%	$565K	$154K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8169	+0.033%	$79K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0025%	8h	8.8140	0.000%	$54.3M	$246.1M	50x	as long as short
01 Exchange UNIUSD	+0.0032%	1h	8.8249	+0.124%	$440	—	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8109	−0.035%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8135	−0.006%	$850K	$4.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8175	+0.039%	$1.0M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8170	+0.034%	$299K	$563K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.8190	+0.057%	$215.4M	$596.8M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8220	+0.091%	$272K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8160	+0.023%	$22.9M	$59.5M	75x	as long as short
MEXC UNI_USDTshort	+0.0100%	8h	8.8150	+0.011%	$42.6M	$24.8M	200x
KuCoin UNIUSDTMlong	+0.0100%	8h	8.8140	long leg	$13.3M	$13.9M	75x
Bitget UNIUSDT	+0.0100%	8h	8.8160	+0.023%	$32.0M	$41.7M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8150	+0.011%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8190	+0.057%	$978K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8900	+0.862%	$167K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8175	+0.040%	$612K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8920	+0.885%	$84K	$714K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8310	+0.193%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8152	+0.014%	$86K	$346K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8150	+0.011%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8197	+0.065%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8125	−0.017%	$25K	$668K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8277	+0.155%	$719K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8170	+0.034%	$26.5M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8109	−0.035%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8155	+0.017%	$31K	$1K	3x	as long as short
dYdX UNI-USD	+0.0110%	1h	8.8209	+0.078%	$244K	$6K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8220	+0.091%	$1.0M	$5.3M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8160	+0.023%	$9.8M	$3.4M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	8.8230	+0.103%	$4.9M	$7.2M	50x	as long as short
Hyperliquid UNI	+0.0311%	1h	8.8278	+0.157%	$96.2M	$59.9M	10x	as long as short
Reya UNIRUSDPERP	+0.0360%	1h	8.8128	−0.014%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.8155	+0.017%	$553K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0570%	1h	8.8687	+0.621%	$1K	$50K	10x	as long as short
Lighter UNI	+0.0592%	1h	8.8316	+0.200%	$4.5M	$5.4M	15x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−0.272%	$657	$97K	12x	as long as short