Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0108%/8h= −11.8% APRpaid last 24h +0.007%

Price spread now: 01 Exchange against KuCoin+0.025%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. 01 Exchange is 0.025% dearer against KuCoin than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UNIUSDTM	8.9180	0.0100	pay 0.0100% / 8h	1h 30m	$13.1M	$13.4M	75x
Short	01 Exchange UNIUSD	8.9202	−0.0008	pay 0.0001% / 1h	30m 31s	$445	$5	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.025%Rate

Funding earned: −$22.68
Price spread: +0.025% → 0.000%: $2.47
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$39.21
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 8 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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	2.25 bp	16.9 bp −$17	23.7 bp −$237	68.0 bp −$6,802	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Polymarket Perps UNI-USD	−0.0167%	1h	8.9206	+0.029%	$107K	$619K	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.9314	+0.150%	$4.7M	$8.7M	50x	as long as short
01 Exchange UNIUSDshort	−0.0008%	1h	8.9202	+0.025%	$445	$5	10x
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9289	+0.123%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.987%	$660	$153K	12x	as long as short
Nado UNI-PERP	+0.0086%	1h	8.9215	+0.039%	$738K	$4.7M	10x	as long as short
Lighter UNI	+0.0096%	1h	8.9257	+0.086%	$4.5M	$5.7M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9220	+0.045%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9285	+0.118%	$735K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9240	+0.067%	$285K	$591K	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	8.9260	+0.090%	$215.4M	$658.5M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9250	+0.078%	$99.1M	$112.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9240	+0.067%	$54.2M	$266.2M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9250	+0.078%	$318K	$698K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9200	+0.022%	$25.0M	$66.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9210	+0.034%	$49.1M	$26.5M	200x	as long as short
KuCoin UNIUSDTMlong	+0.0100%	8h	8.9180	long leg	$13.1M	$13.4M	75x
Bitget UNIUSDT	+0.0100%	8h	8.9180	0.000%	$32.6M	$45.4M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9230	+0.056%	—	$57.3M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9350	+0.191%	$1.1M	$2.5M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9219	+0.044%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9342	+0.181%	$169K	$347K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9190	+0.011%	$630K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9420	+0.269%	$90K	$709K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9170	−0.011%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9280	+0.112%	$16K	$1.9M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9378	+0.222%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9250	+0.078%	$32K	$885K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9336	+0.175%	$699K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9290	+0.123%	$26.9M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9174	−0.007%	$294K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9303	+0.138%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0171%	1h	8.9380	+0.224%	$589K	$250K	50x	as long as short
dYdX UNI-USD	+0.0178%	1h	8.9240	+0.067%	$235K	$31K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0192%	1h	8.9370	+0.213%	$931K	$5.5M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9230	+0.056%	$10.0M	$3.6M	75x	as long as short
Hyperliquid UNI	+0.0244%	1h	8.9242	+0.070%	$94.9M	$67.6M	10x	as long as short
Reya UNIRUSDPERP	+0.0378%	1h	8.9208	+0.031%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9281	+0.113%	$635K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0484%	1h	8.9244	+0.071%	$1K	$53K	10x	as long as short