Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.011%

Price spread now: KuCoin against SoDEX+0.017%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$630.632% of the position

Long on SoDEX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.039%−$4 on $10k

Price spread, last 3 days (all we have)−0.230%−$23 · spread now +0.017%, 7d avg 0.000%

Together, before fees−0.270%−$27 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX UNI-USD	8.9905	0.0100	pay 0.0013% / 1h	23m 05s	$21K	$676K	10x
Short	KuCoin UNIUSDTM	8.9920	0.0100	get 0.0100% / 8h	23m 05s	$13.7M	$13.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SoDEX. 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 SoDEXbpFee KuCoinbpOrdersPrice spread, now +0.017%Rate

Funding earned: $0
Price spread: +0.017% → 0.000%: $1.72
Slippage, 4 orders: −$43.24
Fee SoDEX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$61.53
Costs to cover: 0.632%
Break-even: never at this rate

Slippage from SoDEX: live order book, 56 min ago; KuCoin: live order book, 6 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 SoDEX live order book, 56 min ago	0.56 bp	10.1 bp −$10	27.5 bp −$275	129.2 bp −$12.9K	doesn't fit
Sell KuCoin live order book, 6 min ago	1.67 bp	20.2 bp −$20	26.8 bp −$268	65.5 bp −$6,547	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	−1.785%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9824	−0.090%	$62K	—	150x	as long as short
Variational Omni UNI	+0.0051%	8h	8.9935	+0.033%	$4.1M	$4.4M	—	as long as short
Bybit UNIUSDT	+0.0091%	8h	8.9860	−0.050%	$101.9M	$105.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0092%	8h	8.9860	−0.050%	$55.0M	$249.4M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9715	−0.211%	$952K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9920	+0.017%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9746	−0.177%	$297K	$593K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9889	−0.017%	$222.4M	$590.4M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9800	−0.117%	$265K	$632K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	8.9900	−0.006%	$23.0M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9910	+0.006%	$43.7M	$24.0M	200x	as long as short
KuCoin UNIUSDTMshort	+0.0100%	8h	8.9920	+0.017%	$13.7M	$13.5M	75x
Bitget UNIUSDT	+0.0100%	8h	8.9860	−0.050%	$32.8M	$42.1M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9880	−0.028%	—	$52.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9969	+0.071%	$1.0M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9779	−0.140%	$169K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0060	+0.172%	$632K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9790	−0.128%	$88K	$711K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9780	−0.139%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9830	−0.083%	$85K	$363K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9850	−0.061%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9870	−0.039%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USDlong	+0.0100%	1h	8.9905	long leg	$21K	$676K	10x
HTX UNI-USDT	+0.0100%	8h	9.0040	+0.150%	$719K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9930	+0.028%	$27.1M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9694	−0.235%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9849	−0.062%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9892	−0.015%	$32K	$1K	3x	as long as short
01 Exchange UNIUSD	+0.0176%	1h	8.9806	−0.110%	$448	—	10x	as long as short
dYdX UNI-USD	+0.0203%	1h	8.9804	−0.113%	$249K	$6K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9920	+0.017%	$10.1M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	8.9960	+0.061%	$1.1M	$5.4M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0247%	1h	8.9911	+0.006%	$579K	$176K	50x	as long as short
Reya UNIRUSDPERP	+0.0364%	1h	8.9779	−0.140%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	8.9844	−0.068%	$568K	—	120x	as long as short
Hyperliquid UNI	+0.0507%	1h	8.9993	+0.098%	$98.7M	$59.0M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0563%	1h	8.9958	+0.059%	$5.0M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0807%	1h	8.9925	+0.023%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0880%	1h	9.0095	+0.211%	$4.6M	$5.2M	15x	as long as short