Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against KuCoin−0.240%7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$590.587% of the position

Long on KuCoin Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.063%+$6 on $10k

Price spread, last 7 days+0.217%+$22 · spread now −0.240%, 7d avg +0.012%

Together, before fees+0.280%+ Points / potential airdropPacifica: Active · farm board+$28 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: Pacifica is 0.251% cheaper against KuCoin than usual: you would sell low and buy high, −$25 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	9.1790	0.0100	pay 0.0100% / 8h	7h 13m	$13.7M	$13.6M	75x
Short	Pacifica UNI	9.1570	0.0100	get 0.0013% / 1h	13m 11s	$305K	$589K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.240%Rate

Funding earned: $0
Price spread: −0.240% → +0.012%: −$25.14
Slippage, 4 orders: −$38.72
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$83.85
Costs to cover: 0.587%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Pacifica: live order book, 61 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	0.55 bp	26.7 bp −$27	33.5 bp −$335	69.0 bp −$6,902	doesn't fit
Sell Pacifica live order book, 61 min ago	1.67 bp	8.5 bp −$8	doesn't fit	doesn't fit	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 −0.0006%	1h	9.1772	−0.020%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.802%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0080%	1h	9.1550	−0.261%	$457	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1580	−0.229%	$980K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1683	−0.117%	$1.1M	$2.9M	50x	as long as short
Pacifica UNIshort	+0.0100%	1h	9.1570	−0.240%	$305K	$589K	10x
Binance UNIUSDT	+0.0100%	8h	9.1776	−0.015%	$232.9M	$603.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1780	−0.011%	$103.3M	$107.9M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1730	−0.065%	$56.6M	$256.9M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1640	−0.163%	$282K	$622K	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	9.1750	−0.044%	$23.4M	$60.4M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1790	0.000%	$46.8M	$24.6M	200x	as long as short
KuCoin UNIUSDTMlong	+0.0100%	8h	9.1790	long leg	$13.7M	$13.6M	75x
Bitget UNIUSDT	+0.0100%	8h	9.1710	−0.087%	$33.9M	$43.1M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1730	−0.065%	—	$57.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1784	−0.007%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1621	−0.184%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1624	−0.181%	$173K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1570	−0.240%	$638K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1590	−0.218%	$89K	$706K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1630	−0.174%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1670	−0.131%	$85K	$386K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1780	−0.011%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1694	−0.105%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1780	−0.011%	$22K	$711K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1840	+0.054%	$725K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1790	0.000%	$27.7M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1504	−0.311%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1745	−0.049%	$309K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1780	−0.011%	$33K	—	3x	as long as short
dYdX UNI-USD	+0.0196%	1h	9.1515	−0.299%	$246K	$24K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1830	+0.044%	$10.6M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1890	+0.109%	$1.1M	$4.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0367%	1h	9.1568	−0.242%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	9.1714	−0.083%	$579K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0382%	1h	9.1825	+0.038%	$5.1M	$7.1M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0402%	1h	9.1830	+0.044%	$594K	$185K	50x	as long as short
Hyperliquid UNI	+0.0540%	1h	9.1871	+0.088%	$101.3M	$60.0M	10x	as long as short
Lighter UNI	+0.0952%	1h	9.1960	+0.185%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.1018%	1h	9.1848	+0.063%	$1K	$49K	10x	as long as short