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 −0.018%

Price spread now: OKX against KuCoin+0.033%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$540.537% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 7 days−0.030%−$3 · spread now +0.033%, 7d avg −0.014%

Together, before fees−0.063%−$6 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: OKX is 0.047% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UNIUSDTM	9.1080	0.0100	pay 0.0100% / 8h	6h 21m	$13.7M	$13.7M	75x
Short	OKX UNI-USDT-SWAP	9.1110	0.0100	get 0.0100% / 8h	6h 21m	$56.2M	$255.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.033%Rate

Funding earned: $0
Price spread: +0.033% → −0.014%: $4.69
Slippage, 4 orders: −$31.7
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$49.01
Costs to cover: 0.537%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; OKX: 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, 2 min ago	1.65 bp	17.2 bp −$17	25.5 bp −$255	73.4 bp −$7,342	doesn't fit
Sell OKX live order book, 3 min ago	0.55 bp	7.3 bp −$7	12.9 bp −$129	59.1 bp −$5,910	doesn't fit

UNI on 39 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	9.1107	+0.030%	$19K	—	150x	as long as short
dYdX UNI-USD	+0.0017%	1h	9.1032	−0.053%	$240K	$30K	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.052%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	9.1122	+0.046%	$455	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1060	−0.022%	$964K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1138	+0.063%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1076	−0.004%	$298K	$574K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1100	+0.022%	$227.7M	$611.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1100	+0.022%	$102.0M	$107.5M	75x	as long as short
OKX UNI-USDT-SWAPshort	+0.0100%	8h	9.1110	+0.033%	$56.2M	$255.7M	50x

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.1170	+0.099%	$289K	$641K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1090	+0.011%	$23.3M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1170	+0.099%	$49.9M	$26.3M	200x	as long as short
KuCoin UNIUSDTMlong	+0.0100%	8h	9.1080	long leg	$13.7M	$13.7M	75x
Bitget UNIUSDT	+0.0100%	8h	9.1080	0.000%	$33.4M	$42.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1090	+0.011%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1079	−0.001%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0580	−0.549%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0980	−0.110%	$171K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1110	+0.033%	$634K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1000	−0.088%	$89K	$699K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1220	+0.154%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1273	+0.212%	$86K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1080	0.000%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1299	+0.240%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1093	+0.014%	$22K	$712K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1300	+0.242%	$726K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1100	+0.022%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1129	+0.054%	$26K	—	20x	as long as short
Hyperliquid UNI	+0.0103%	1h	9.1150	+0.077%	$98.9M	$60.5M	10x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1031	−0.054%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1097	+0.019%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0199%	1h	9.1151	+0.078%	$591K	$188K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.1190	+0.121%	$1.1M	$4.7M	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	9.1212	+0.145%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1118	+0.041%	$649K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0421%	1h	9.1128	+0.052%	$5.1M	$6.9M	50x	as long as short
Lighter UNI	+0.0456%	1h	9.1225	+0.159%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.0930%	1h	9.0763	−0.348%	$990	$48K	10x	as long as short