Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%

Price spread now: KuCoin against Polymarket Perps+0.199%7-day average −0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$550.554% of the position

Long on Polymarket Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 4 days (all we have)−2.356%−$236 · spread now +0.199%, 7d avg −0.050%

Together, before fees−2.344%−$234 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: KuCoin is 0.249% dearer against Polymarket Perps than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps UNI-USD	9.0969	0.0100	pay 0.0013% / 1h	22m 53s	$86K	$410K	10x
Short	KuCoin UNIUSDTM	9.1150	0.0100	get 0.0100% / 8h	6h 22m	$13.5M	$13.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Polymarket Perps. 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 Polymarket PerpsbpFee KuCoinbpOrdersPrice spread, now +0.199%Rate

Funding earned: $0
Price spread: +0.199% → −0.050%: $24.94
Slippage, 4 orders: −$35.43
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$30.48
Costs to cover: 0.554%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 44 min ago; KuCoin: live order book, 11 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 Polymarket Perps live order book, 44 min ago	2.46 bp	7.3 bp −$7	8.3 bp −$83	doesn't fit	doesn't fit
Sell KuCoin live order book, 11 min ago	1.67 bp	23.7 bp −$24	30.3 bp −$303	72.9 bp −$7,294	doesn't fit

UNI on 39 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 −0.0004%	1h	9.0968	−0.001%	$19K	—	150x	as long as short
dYdX UNI-USD	+0.0018%	1h	9.1055	+0.094%	$240K	$30K	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.934%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0040%	1h	9.0964	−0.005%	$454	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0935	−0.037%	$951K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.1356	+0.425%	$99.1M	$60.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1207	+0.261%	$1.1M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1093	+0.136%	$298K	$574K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1228	+0.284%	$227.8M	$610.9M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1190	+0.243%	$102.1M	$107.4M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1210	+0.265%	$56.3M	$255.9M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1020	+0.056%	$288K	$641K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1210	+0.265%	$23.3M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1190	+0.243%	$50.0M	$26.2M	200x	as long as short
KuCoin UNIUSDTMshort	+0.0100%	8h	9.1150	+0.199%	$13.5M	$13.7M	75x
Bitget UNIUSDT	+0.0100%	8h	9.1200	+0.254%	$33.4M	$42.9M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1200	+0.254%	—	$56.8M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1067	+0.108%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0580	−0.428%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0454	−0.566%	$170K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0859	−0.121%	$632K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0890	−0.087%	$89K	$699K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0990	+0.023%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USDlong	+0.0100%	1h	9.0969	long leg	$86K	$410K	10x
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1000	+0.034%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1032	+0.069%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1052	+0.091%	$22K	$712K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1147	+0.196%	$724K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1020	+0.056%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0978	+0.010%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1083	+0.126%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1050	+0.089%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0256%	1h	9.1084	+0.126%	$591K	$188K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.1110	+0.155%	$1.1M	$4.7M	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	9.0897	−0.079%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0925	−0.048%	$647K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0421%	1h	9.1075	+0.117%	$5.1M	$6.9M	50x	as long as short
Lighter UNI	+0.0448%	1h	9.1397	+0.470%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.0934%	1h	9.0648	−0.353%	$988	$48K	10x	as long as short