Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against KuCoin−0.011%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$660.660% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)+0.304%+$30 · spread now −0.011%, 7d avg +0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.035% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin UNIUSDTM | 8.7030 | 0.0100 | pay 0.0100% / 8h | 4h 49m | $12.8M | $11.0M | 75x |
| Short | Phemex UNIUSDT | 8.7020 | 0.0100 | get 0.0100% / 8h | 4h 49m | $26.3M | $4.5M | 50x |
KuCoin UNIUSDTM
Phemex UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.011% → +0.023%
- −$3.47
- Slippage, 4 orders
- −$42.04
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$69.51
- Costs to cover
- 0.660%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Phemex: live order book, 2 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 | 2.30 bp | 16.1 bp −$16 | 24.0 bp −$240 | 64.7 bp −$6,474 | doesn't fit |
| Sell Phemex live order book, 2 min ago | 8.06 bp | 17.3 bp −$17 | 46.7 bp −$467 | doesn't fit | doesn't fit |
UNI on 40 exchanges
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 | 8.7128 | +0.113% | $576K | $211K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.7250 | +0.253% | $75K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | +1.459% | $660 | $147K | 12x | as long as short |
| OKX UNI-USDT-SWAP | +0.0084% | 8h | 8.6930 | −0.115% | $53.8M | $213.7M | 50x | as long as short |
| Nado UNI-PERP | +0.0085% | 1h | 8.7170 | +0.161% | $648K | $3.9M | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.7119 | +0.102% | $4.3M | $4.6M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.6900 | −0.149% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.7040 | +0.012% | $759K | $2.5M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.6960 | −0.080% | $287K | $456K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.6970 | −0.069% | $212.1M | $552.6M | 75x | as long as short |
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
OKX UNI-USDT-SWAP
Nado UNI-PERP
Lighter UNI
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDTShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit UNIUSDT | +0.0100% | 8h | 8.6920 | −0.126% | $96.3M | $95.0M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.7180 | +0.172% | $317K | $517K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.6990 | −0.046% | $28.1M | $53.7M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.7020 | −0.011% | $45.3M | $20.6M | 200x | as long as short |
| KuCoin UNIUSDTMlong | +0.0100% | 8h | 8.7030 | long leg | $12.8M | $11.0M | 75x | |
| Bitget UNIUSDT | +0.0100% | 8h | 8.6940 | −0.103% | $32.5M | $42.0M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.6970 | −0.069% | — | $49.4M | — | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.6892 | −0.159% | $4.0M | $2.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.7304 | +0.315% | $164K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.7369 | +0.390% | $610K | $2.1M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.7340 | +0.356% | $88K | $714K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.6970 | −0.069% | $92K | $3.4M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.7243 | +0.245% | $91K | $621K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.7080 | +0.057% | $16K | $2.3M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.7237 | +0.238% | $35K | $1.1M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.7107 | +0.088% | $25K | $742K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.7075 | +0.052% | $691K | $3.8M | 75x | as long as short |
| Phemex UNIUSDTshort | +0.0100% | 8h | 8.7020 | −0.011% | $26.3M | $4.5M | 50x | |
| Extended UNI-USD | +0.0104% | 1h | 8.6933 | −0.112% | $297K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.7111 | +0.093% | $31K | — | 3x | as long as short |
| Backpack UNI_USDC_PERP | +0.0114% | 1h | 8.7149 | +0.137% | $1.1M | $2.1M | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0120% | 1h | 8.7072 | +0.049% | $4.6M | $7.5M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0144% | 1h | 8.7165 | +0.155% | $435 | $56 | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.7050 | +0.023% | $9.9M | $3.3M | 75x | as long as short |
| Hyperliquid UNI | +0.0242% | 1h | 8.7049 | +0.022% | $93.4M | $60.1M | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0264% | 1h | 8.7180 | +0.172% | $904K | $4.3M | 50x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.7243 | +0.245% | $620K | — | 120x | as long as short |
| Reya UNIRUSDPERP | +0.0388% | 1h | 8.7189 | +0.182% | $16K | — | 20x | as long as short |
| Aftermath Perps UNIUSD | +0.0559% | 1h | 8.7292 | +0.301% | $1K | $48K | 10x | as long as short |
| dYdX UNI-USD | +0.0716% | 1h | 8.6954 | −0.087% | $228K | $32K | 10x | as long as short |
Bybit UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
Bitget UNIUSDT
BingX UNI-USDT
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Extended UNI-USD
Aevo UNI-PERP
Backpack UNI_USDC_PERP
Kraken Futures PF_UNIUSD
01 Exchange UNIUSD
BloFin UNI-USDT
Hyperliquid UNI
Coinbase International UNI-PERP-INTX
GMX UNI/USD [UNI-USDC]
Reya UNIRUSDPERP
Aftermath Perps UNIUSD
dYdX UNI-USD