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 +0.003%

Price spread now: KuCoin against Binance+0.002%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$490.488% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days−0.017%−$2 · spread now +0.002%, 7d avg −0.012%

Together, before fees−0.019%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UNIUSDT	9.0518	0.0100	pay 0.0100% / 8h	7h 00m	$229.2M	$602.2M	75x
Short	KuCoin UNIUSDTM	9.0520	0.0100	get 0.0100% / 8h	7h 00m	$13.5M	$13.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now +0.002%Rate

Funding earned: $0
Price spread: +0.002% → −0.012%: $1.43
Slippage, 4 orders: −$26.8
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$47.37
Costs to cover: 0.488%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; KuCoin: live order book, 3 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 Binance live order book, 13 min ago	0.55 bp	7.7 bp −$8	13.5 bp −$135	39.6 bp −$3,962	139.8 bp −$69.9K
Sell KuCoin live order book, 3 min ago	1.64 bp	16.6 bp −$17	21.1 bp −$211	73.8 bp −$7,382	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
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	9.0386	−0.146%	$584K	$186K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0369	−0.164%	$19K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.450%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0096%	1h	9.0448	−0.077%	$451	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0435	−0.092%	$963K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0448	−0.077%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0650	+0.146%	$300K	$586K	10x	as long as short
Binance UNIUSDTlong	+0.0100%	8h	9.0518	long leg	$229.2M	$602.2M	75x
Bybit UNIUSDT	+0.0100%	8h	9.0480	−0.042%	$101.9M	$107.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0490	−0.031%	$56.1M	$253.9M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.0590	+0.079%	$279K	$618K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0500	−0.020%	$23.1M	$60.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0540	+0.024%	$50.5M	$25.4M	200x	as long as short
KuCoin UNIUSDTMshort	+0.0100%	8h	9.0520	+0.002%	$13.5M	$13.6M	75x
Bitget UNIUSDT	+0.0100%	8h	9.0430	−0.097%	$33.1M	$42.8M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0490	−0.031%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0372	−0.161%	$990K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0329	−0.209%	$4.1M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1109	+0.653%	$172K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1234	+0.790%	$639K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1120	+0.665%	$89K	$706K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0670	+0.168%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0453	−0.072%	$87K	$401K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0370	−0.164%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0387	−0.145%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0314	−0.225%	$22K	$713K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0580	+0.068%	$719K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0440	−0.086%	$27.3M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0526	+0.008%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0431	−0.096%	$304K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0341	−0.196%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0202%	1h	9.0675	+0.173%	$243K	$24K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0450	−0.075%	$10.5M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.0500	−0.020%	$1.1M	$4.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0367%	1h	9.0335	−0.203%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0355	−0.181%	$644K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0389%	1h	9.0380	−0.153%	$5.0M	$7.0M	50x	as long as short
Hyperliquid UNI	+0.0509%	1h	9.0463	−0.061%	$99.3M	$58.8M	10x	as long as short
Lighter UNI	+0.0944%	1h	9.0549	+0.034%	$4.7M	$5.5M	15x	as long as short
Aftermath Perps UNIUSD	+0.1067%	1h	9.1143	+0.690%	$982	$49K	10x	as long as short