UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.014%

Price spread now: KuCoin against OKX+0.044%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$530.534% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.031%+$3 on $10k

Price spread, last 7 days−0.042%−$4 · spread now +0.044%, 7d avg +0.014%

Together, before fees−0.011%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.030% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread 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	OKX UNI-USDT-SWAP	9.0580	0.0082	pay 0.0082% / 8h	46m 56s	$55.8M	$250.3M	50x
Short	KuCoin UNIUSDTM	9.0620	0.0100	get 0.0100% / 8h	46m 56s	$13.8M	$13.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now +0.044%Rate

Funding earned: $3.75
Price spread: +0.044% → +0.014%: $3.03
Slippage, 4 orders: −$31.36
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$46.58
Costs to cover: 0.534%
Break-even: 94.0 days

Slippage from OKX: live order book, 2 min ago; KuCoin: 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 OKX live order book, 2 min ago	0.55 bp	7.1 bp −$7	14.0 bp −$140	59.1 bp −$5,910	doesn't fit
Sell KuCoin live order book, 2 min ago	0.55 bp	17.8 bp −$18	20.9 bp −$209	62.5 bp −$6,248	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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−2.517%	$660	$155K	12x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	9.0608	+0.031%	$583K	$175K	50x	as long as short
Variational Omni UNI	+0.0002%	8h	9.1084	+0.556%	$4.0M	$4.3M	—	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0544	−0.040%	$63K	—	150x	as long as short
dYdX UNI-USD	+0.0047%	1h	9.0850	+0.298%	$252K	$6K	10x	as long as short
Bybit UNIUSDT	+0.0054%	8h	9.0530	−0.055%	$103.3M	$104.5M	75x	as long as short
OKX UNI-USDT-SWAPlong	+0.0082%	8h	9.0580	long leg	$55.8M	$250.3M	50x
Nado UNI-PERP	+0.0100%	1h	9.0605	+0.028%	$975K	$4.1M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0685	+0.116%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0934	+0.391%	$302K	$586K	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	9.0620	+0.044%	$224.2M	$588.5M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0870	+0.320%	$280K	$620K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0600	+0.022%	$23.3M	$58.1M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0620	+0.044%	$43.7M	$23.9M	200x	as long as short
KuCoin UNIUSDTMshort	+0.0100%	8h	9.0620	+0.044%	$13.8M	$13.5M	75x
Bitget UNIUSDT	+0.0100%	8h	9.0610	+0.033%	$32.9M	$41.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0610	+0.033%	—	$6.5M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1605	+1.132%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1401	+0.906%	$646K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1120	+0.596%	$90K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1200	+0.684%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0685	+0.116%	$88K	$356K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0570	−0.011%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0680	+0.110%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0635	+0.061%	$25K	$669K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0760	+0.199%	$740K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0590	+0.011%	$27.3M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0778	+0.219%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0583	+0.004%	$315K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0638	+0.064%	$32K	$1K	3x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0640	+0.066%	$10.0M	$3.5M	75x	as long as short
01 Exchange UNIUSD	+0.0232%	1h	9.0738	+0.174%	$453	—	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	9.0660	+0.088%	$1.1M	$5.4M	50x	as long as short
Backpack UNI_USDC_PERP	+0.0250%	1h	9.0631	+0.056%	$1.0M	$2.4M	10x	as long as short
Reya UNIRUSDPERP	+0.0363%	1h	9.0618	+0.042%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	9.0544	−0.040%	$570K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0558%	1h	9.0686	+0.117%	$5.1M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0771%	1h	9.0803	+0.246%	$1K	$49K	10x	as long as short
Hyperliquid UNI	+0.0888%	1h	9.0743	+0.180%	$100.2M	$58.9M	10x	as long as short
Lighter UNI	+0.1104%	1h	9.0723	+0.158%	$4.6M	$5.2M	15x	as long as short