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 HTX+0.045%7-day average −0.133% · you sell dearer than you buy

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$740.735% of the position

Long on HTX 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 4 days (all we have)−0.272%−$27 · spread now +0.045%, 7d avg −0.133%

Together, before fees−0.340%−$34 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 0.179% dearer against HTX than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.133%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX UNI-USDT	9.0369	0.0100	pay 0.0100% / 8h	2h 05m	$709K	$4.9M	75x
Short	KuCoin UNIUSDTM	9.0410	0.0100	get 0.0100% / 8h	2h 05m	$13.2M	$13.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against HTX. 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 HTXbpFee KuCoinbpOrdersPrice spread, now +0.045%Rate

Funding earned: $0
Price spread: +0.045% → −0.133%: $17.85
Slippage, 4 orders: −$49.53
Fee HTX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$55.67
Costs to cover: 0.735%
Break-even: never at this rate

Slippage from HTX: live order book, 3 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 HTX live order book, 3 min ago	9.49 bp	15.5 bp −$16	58.7 bp −$587	351.9 bp −$35.2K	doesn't fit
Sell KuCoin live order book, 3 min ago	2.77 bp	25.7 bp −$26	33.6 bp −$336	doesn't fit	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
Nado UNI-PERP	−0.0020%	1h	9.0290	−0.087%	$792K	$4.7M	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	9.0394	+0.027%	$4.8M	$8.6M	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	9.0333	−0.040%	$49K	—	150x	as long as short
01 Exchange UNIUSD	+0.0008%	1h	9.0333	−0.040%	$451	$5	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.290%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0086%	1h	9.0270	−0.110%	$104K	$557K	10x	as long as short
Lighter UNI	+0.0096%	1h	9.0477	+0.120%	$4.5M	$5.6M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0182	−0.207%	$26K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0469	+0.111%	$749K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0182	−0.207%	$290K	$592K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	9.0483	+0.127%	$219.7M	$658.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0480	+0.123%	$100.8M	$112.2M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0510	+0.156%	$55.0M	$269.3M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0320	−0.054%	$322K	$705K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0390	+0.023%	$24.9M	$66.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0410	+0.045%	$49.9M	$27.2M	200x	as long as short
KuCoin UNIUSDTMshort	+0.0100%	8h	9.0410	+0.045%	$13.2M	$13.4M	75x
Bitget UNIUSDT	+0.0100%	8h	9.0520	+0.167%	$33.5M	$45.7M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0360	−0.010%	—	$57.3M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0457	+0.097%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9649	−0.796%	$4.1M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9766	−0.668%	$170K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9676	−0.767%	$621K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9800	−0.630%	$90K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0240	−0.143%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0350	−0.021%	$17K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0398	+0.032%	$37K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0365	−0.004%	$32K	$881K	10x	as long as short
HTX UNI-USDTlong	+0.0100%	8h	9.0369	long leg	$709K	$4.9M	75x
Phemex UNIUSDT	+0.0100%	8h	9.0340	−0.032%	$27.3M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0465	+0.106%	$301K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0375	+0.007%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0147%	1h	9.0194	−0.194%	$237K	$31K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0184%	1h	9.0390	+0.023%	$944K	$5.7M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0197%	1h	9.0402	+0.037%	$596K	$247K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0250	−0.132%	$10.1M	$3.7M	75x	as long as short
Hyperliquid UNI	+0.0220%	1h	9.0507	+0.153%	$96.8M	$66.3M	10x	as long as short
Reya UNIRUSDPERP	+0.0377%	1h	9.0282	−0.096%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	9.0309	−0.067%	$642K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0464%	1h	8.9949	−0.465%	$951	$54K	10x	as long as short