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: Binance against KuCoin−0.371%7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$550.551% of the position

Long on KuCoin Short on Binance

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+0.371%+$37 · spread now −0.371%, 7d avg +0.012%

Together, before fees+0.373%+$37 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: Binance is 0.383% cheaper against KuCoin than usual: you would sell low and buy high, −$38 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UNIUSDTM	9.0500	0.0100	pay 0.0100% / 8h	4h 39m	$13.5M	$13.1M	75x
Short	Binance UNIUSDT	9.0164	0.0100	get 0.0100% / 8h	4h 39m	$222.5M	$631.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now −0.371%Rate

Funding earned: $0
Price spread: −0.371% → +0.012%: −$38.35
Slippage, 4 orders: −$33.1
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$93.45
Costs to cover: 0.551%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 4 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 KuCoin live order book, 4 min ago	1.10 bp	21.6 bp −$22	27.8 bp −$278	81.6 bp −$8,163	doesn't fit
Sell Binance live order book, 4 min ago	0.55 bp	8.9 bp −$9	15.0 bp −$150	46.7 bp −$4,670	159.8 bp −$79.9K

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	9.0577	+0.085%	$580K	$193K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0573	+0.081%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.431%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	9.0880	+0.420%	$453	$5	10x	as long as short
dYdX UNI-USD	+0.0093%	1h	8.9964	−0.592%	$237K	$30K	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0785	+0.315%	$920K	$4.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0498	−0.003%	$1.0M	$3.0M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0946	+0.493%	$295K	$590K	10x	as long as short
Binance UNIUSDTshort	+0.0100%	8h	9.0164	−0.371%	$222.5M	$631.9M	75x
Bybit UNIUSDT	+0.0100%	8h	8.9920	−0.641%	$100.7M	$110.9M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9900	−0.663%	$55.4M	$257.3M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0500	0.000%	$287K	$629K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0490	−0.011%	$23.4M	$63.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0520	+0.022%	$48.2M	$25.3M	200x	as long as short
KuCoin UNIUSDTMlong	+0.0100%	8h	9.0500	long leg	$13.5M	$13.1M	75x
Bitget UNIUSDT	+0.0100%	8h	9.0440	−0.066%	$33.4M	$44.3M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0480	−0.022%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0507	+0.008%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0778	+0.307%	$4.3M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1200	+0.773%	$172K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1003	+0.556%	$639K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1050	+0.608%	$89K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0870	+0.409%	$27K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0829	+0.364%	$87K	$422K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0560	+0.066%	$16K	$1.6M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0783	+0.313%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0510	+0.011%	$22K	$783K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0760	+0.287%	$718K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0480	−0.022%	$27.4M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0876	+0.415%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0434	−0.072%	$299K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0565	+0.071%	$32K	—	3x	as long as short
Lighter UNI	+0.0208%	1h	9.0410	−0.099%	$4.6M	$5.8M	15x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0940	+0.486%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.0630	+0.144%	$1.0M	$5.5M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.0546	+0.051%	$5.0M	$7.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0372%	1h	9.0754	+0.280%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0573	+0.080%	$645K	—	120x	as long as short
Hyperliquid UNI	+0.0437%	1h	9.0594	+0.104%	$98.4M	$61.8M	10x	as long as short
Aftermath Perps UNIUSD	+0.1069%	1h	9.0964	+0.513%	$910	$46K	10x	as long as short