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 0.000%

Price spread now: KuCoin against SunX+0.040%7-day average −0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$760.762% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 3 days (all we have)−0.288%−$29 · spread now +0.040%, 7d avg −0.067%

Together, before fees−0.356%−$36 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 0.106% dearer against SunX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.067%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX UNI-USDT	9.0944	0.0100	pay 0.0100% / 8h	6h 24m	$37K	$1.3M	30x
Short	KuCoin UNIUSDTM	9.0980	0.0100	get 0.0100% / 8h	6h 24m	$13.5M	$13.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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 SunXbpFee KuCoinbpOrdersPrice spread, now +0.040%Rate

Funding earned: $0
Price spread: +0.040% → −0.067%: $10.61
Slippage, 4 orders: −$56.25
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$65.64
Costs to cover: 0.762%
Break-even: never at this rate

Slippage from SunX: live order book, 9 min ago; KuCoin: live order book, 9 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 SunX live order book, 9 min ago	13.33 bp	17.4 bp −$17	34.5 bp −$345	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 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	9.0887	−0.062%	$19K	—	150x	as long as short
dYdX UNI-USD	+0.0019%	1h	9.1104	+0.175%	$240K	$30K	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.907%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0040%	1h	9.0882	−0.068%	$454	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0790	−0.169%	$950K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.1226	+0.310%	$99.0M	$60.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0969	+0.028%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1120	+0.194%	$298K	$574K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1134	+0.208%	$227.6M	$611.1M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1040	+0.106%	$101.9M	$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	9.0950	+0.007%	$56.2M	$254.9M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0920	−0.026%	$288K	$641K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1080	+0.150%	$23.3M	$58.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1010	+0.073%	$50.0M	$26.2M	200x	as long as short
KuCoin UNIUSDTMshort	+0.0100%	8h	9.0980	+0.040%	$13.5M	$13.7M	75x
Bitget UNIUSDT	+0.0100%	8h	9.1110	+0.183%	$33.4M	$42.8M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1100	+0.172%	—	$57.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0886	−0.064%	$997K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0580	−0.400%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0454	−0.539%	$170K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0456	−0.536%	$629K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0420	−0.576%	$88K	$699K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0550	−0.433%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0896	−0.053%	$86K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0880	−0.070%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTlong	+0.0100%	8h	9.0944	long leg	$37K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	9.0838	−0.117%	$22K	$712K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0940	−0.004%	$723K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0800	−0.158%	$27.4M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0772	−0.189%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0800	−0.158%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0849	−0.104%	$32K	—	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.0930	−0.015%	$1.1M	$4.7M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0316%	1h	9.0889	−0.060%	$590K	$187K	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	9.0828	−0.128%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0875	−0.076%	$647K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0422%	1h	9.0879	−0.072%	$5.0M	$6.9M	50x	as long as short
Lighter UNI	+0.0456%	1h	9.1249	+0.335%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.0945%	1h	9.0446	−0.548%	$902	$48K	10x	as long as short