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 +0.003%

Price spread now: KuCoin against MEXC+0.011%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$490.485% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days+0.019%+$2 · spread now +0.011%, 7d avg −0.008%

Together, before fees+0.017%+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC UNI_USDT	8.9900	0.0100	pay 0.0100% / 8h	1h 58m	$49.5M	$26.5M	200x
Short	KuCoin UNIUSDTM	8.9910	0.0100	get 0.0100% / 8h	1h 58m	$13.2M	$13.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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 MEXCbpFee KuCoinbpOrdersPrice spread, now +0.011%Rate

Funding earned: $0
Price spread: +0.011% → −0.008%: $1.96
Slippage, 4 orders: −$32.54
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$46.58
Costs to cover: 0.485%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 10 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 MEXC live order book, 1 min ago	0.56 bp	3.1 bp −$3	6.3 bp −$63	20.1 bp −$2,014	157.6 bp −$78.8K
Sell KuCoin live order book, 10 min ago	2.77 bp	25.7 bp −$26	33.6 bp −$336	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
Polymarket Perps UNI-USD	−0.0048%	1h	8.9955	+0.061%	$123K	$588K	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.9927	+0.030%	$4.7M	$8.6M	50x	as long as short
dYdX UNI-USD	0.0000%	1h	9.0073	+0.192%	$237K	$31K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9948	+0.054%	$593K	$248K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9952	+0.058%	$49K	—	150x	as long as short
Nado UNI-PERP	+0.0024%	1h	8.9990	+0.100%	$775K	$4.7M	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.780%	$660	$153K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	9.0054	+0.171%	$449	$5	10x	as long as short
Lighter UNI	+0.0096%	1h	9.0032	+0.147%	$4.5M	$5.6M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0021	+0.135%	$26K	—	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster UNIUSDT	+0.0100%	8h	8.9947	+0.053%	$742K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0097	+0.219%	$288K	$593K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9900	0.000%	$218.1M	$659.6M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9880	−0.022%	$100.0M	$112.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9900	0.000%	$54.7M	$267.9M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0100	+0.222%	$321K	$705K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9900	0.000%	$24.8M	$65.8M	75x	as long as short
MEXC UNI_USDTlong	+0.0100%	8h	8.9900	long leg	$49.5M	$26.5M	200x
KuCoin UNIUSDTMshort	+0.0100%	8h	8.9910	+0.011%	$13.2M	$13.4M	75x
Bitget UNIUSDT	+0.0100%	8h	8.9910	+0.011%	$33.0M	$45.8M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9900	0.000%	—	$57.2M	—	as long as short
Variational Omni UNI	+0.0100%	8h	9.0088	+0.209%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0227	+0.364%	$171K	$347K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0110	+0.234%	$624K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0270	+0.412%	$91K	$709K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9940	+0.044%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9910	+0.011%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0023	+0.137%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9889	−0.012%	$32K	$887K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0040	+0.156%	$702K	$5.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9930	+0.033%	$27.1M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9859	−0.046%	$301K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9914	+0.016%	$32K	—	3x	as long as short
Backpack UNI_USDC_PERP	+0.0132%	1h	8.9975	+0.083%	$1.1M	$2.4M	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0192%	1h	9.0110	+0.234%	$939K	$5.6M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0020	+0.133%	$10.1M	$3.7M	75x	as long as short
Reya UNIRUSDPERP	+0.0378%	1h	8.9957	+0.063%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9971	+0.079%	$640K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0489%	1h	9.0109	+0.232%	$1K	$54K	10x	as long as short
Hyperliquid UNI	+0.0598%	1h	9.0039	+0.155%	$96.8M	$66.7M	10x	as long as short