Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h −0.003%

Price spread now: KuCoin against 01 Exchange+0.165%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.165% dearer against 01 Exchange than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange UNIUSD	9.0930	0.0064	pay 0.0008% / 1h	34m 08s	$454	$5	10x
Short	KuCoin UNIUSDTM	9.1080	0.0100	get 0.0100% / 8h	5h 34m	$13.6M	$12.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against 01 Exchange. 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 01 ExchangebpFee KuCoinbpOrdersPrice spread, now +0.165%Rate

Funding earned: $7.56
Price spread: +0.165% → 0.000%: $16.5
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $5.06
Costs to cover: 0.190%
Break-even: 2.3 days

Slippage unknown: 01 Exchange: no order-book sample; KuCoin: live order book, 5 min ago. Net counts fees only.

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 01 Exchange no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 5 min ago	2.76 bp	15.1 bp −$15	20.7 bp −$207	54.0 bp −$5,399	doesn't fit

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0008%	1h	9.0945	+0.016%	$28K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.892%	$660	$154K	12x	as long as short
01 Exchange UNIUSDlong	+0.0064%	1h	9.0930	long leg	$454	$5	10x
Nado UNI-PERP	+0.0100%	1h	9.0865	−0.071%	$948K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1098	+0.185%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0931	+0.001%	$296K	$568K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1112	+0.200%	$226.8M	$609.5M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1030	+0.110%	$102.3M	$107.9M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1070	+0.154%	$56.2M	$252.7M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0960	+0.033%	$288K	$614K	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	9.1100	+0.187%	$23.5M	$59.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1100	+0.187%	$49.3M	$25.1M	200x	as long as short
KuCoin UNIUSDTMshort	+0.0100%	8h	9.1080	+0.165%	$13.6M	$12.9M	75x
Bitget UNIUSDT	+0.0100%	8h	9.1070	+0.154%	$33.4M	$42.6M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1070	+0.154%	—	$56.6M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1079	+0.164%	$989K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1137	+0.228%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0550	−0.418%	$171K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0749	−0.199%	$631K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0620	−0.341%	$89K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1340	+0.451%	$40K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0914	−0.018%	$88K	$412K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1010	+0.088%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0999	+0.076%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1036	+0.117%	$22K	$760K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0969	+0.043%	$714K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1140	+0.231%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0867	−0.070%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0958	+0.031%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1025	+0.104%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0111%	1h	9.0932	+0.002%	$239K	$30K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1220	+0.319%	$10.5M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.1112	+0.201%	$5.1M	$7.3M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.0940	+0.011%	$1.1M	$5.0M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0297%	1h	9.1068	+0.151%	$585K	$192K	50x	as long as short
Reya UNIRUSDPERP	+0.0370%	1h	9.0874	−0.062%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0959	+0.032%	$647K	—	120x	as long as short
Hyperliquid UNI	+0.0528%	1h	9.1183	+0.278%	$98.8M	$59.7M	10x	as long as short
Lighter UNI	+0.0576%	1h	9.1183	+0.278%	$4.7M	$5.6M	15x	as long as short
Aftermath Perps UNIUSD	+0.0964%	1h	9.0997	+0.073%	$883	$47K	10x	as long as short