Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against edgeX+0.780%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs+$30as in the Price arb table
costs, in and out, $10k−$490.492% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 4 days (all we have)−0.978%−$98 · spread now +0.780%, 7d avg −0.010%
Together, before fees−1.046%+ Points / potential airdropedgeX: Active · farm board−$105 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 0.790% dearer against edgeX than usual: you sell high and buy low, +$79 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX UNIUSDC8.92840.0100pay 0.0050% / 4h3h 21m$169K$347K20x
ShortKuCoin UNIUSDTM8.99800.0100get 0.0100% / 8h7h 21m$13.2M$13.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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

Funding earned
$0
Price spread: +0.780% → −0.010%
$79.01
Slippage, 4 orders
−$28.22
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$29.79
Costs to cover
0.492%
Break-even
from the start
Slippage from edgeX: live order book, 12 min ago; KuCoin: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 12 min ago2.25 bp6.7 bp −$716.0 bp −$160doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago2.26 bp19.1 bp −$1925.2 bp −$25262.3 bp −$6,235doesn't fit

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_UNIUSD−0.0061%1h8.9938+0.733%$4.8M$8.5M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.9875+0.662%$77K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.102%$660$153K12xas long as short
Nado UNI-PERP+0.0073%1h8.9930+0.724%$724K$4.5M10xas long as short
01 Exchange UNIUSD+0.0088%1h8.9957+0.754%$475$3110xas long as short
Lighter UNI+0.0096%1h9.0006+0.809%$4.5M$5.5M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9897+0.687%$26K20xas long as short
Aster UNIUSDT+0.0100%8h9.0080+0.892%$737K$3.2M50xas long as short
Pacifica UNI+0.0100%1h8.9914+0.707%$290K$562K10xas long as short
Binance UNIUSDT+0.0100%8h9.0052+0.861%$217.9M$646.0M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit UNIUSDT+0.0100%8h9.0090+0.903%$100.1M$109.7M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.0120+0.937%$55.0M$261.7M50xas long as short
Arcus UNI-USD+0.0100%1h9.0040+0.847%$326K$704K10xas long as short
Gate UNI_USDT+0.0100%8h9.0050+0.858%$27.2M$62.9M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0020+0.825%$47.9M$25.5M200xas long as short
KuCoin UNIUSDTMshort+0.0100%8h8.9980+0.780%$13.2M$13.1M75x
Bitget UNIUSDT+0.0100%8h8.9990+0.791%$33.8M$45.9M75xas long as short
BingX UNI-USDC+0.0100%8h9.0030+0.836%$6.5Mas long as short
Variational Omni UNI+0.0100%8h8.8538−0.835%$4.1M$4.0Mas long as short
edgeX UNIUSDClong+0.0100%4h8.9284long leg$169K$347K20x
GRVT UNI_USDT_Perp+0.0100%8h8.9510+0.254%$628K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9360+0.086%$90K$711K50xas long as short
StandX UNI-USD+0.0100%1h8.9810+0.590%$22K$3.5M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0026+0.832%$105K$615K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0100+0.914%$17K$2.4M10xas long as short
SunX UNI-USDT+0.0100%8h8.9896+0.686%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9840+0.623%$32K$902K10xas long as short
HTX UNI-USDT+0.0100%8h8.9898+0.688%$712K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9840+0.623%$27.1M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.9912+0.704%$299K$1.8M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0130+0.948%$32K3xas long as short
Hyperliquid UNI+0.0164%1h9.0091+0.904%$96.7M$67.0M10xas long as short
Backpack UNI_USDC_PERP+0.0166%1h8.9963+0.761%$1.1M$2.5M10xas long as short
Coinbase International UNI-PERP-INTX+0.0208%1h8.9870+0.657%$952K$5.5M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9500+0.242%$10.3M$3.7M75xas long as short
Deribit UNI_USDC-PERPETUAL+0.0274%1h8.9923+0.716%$595K$274K50xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.9544+0.291%$637K120xas long as short
Reya UNIRUSDPERP+0.0383%1h8.9984+0.784%$16K20xas long as short
Aftermath Perps UNIUSD+0.0433%1h8.9265−0.021%$1K$51K10xas long as short
dYdX UNI-USD+0.0554%1h8.9966+0.764%$236K$32K10xas long as short