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: BingX against KuCoin−0.121%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$710.711% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 7 days+0.098%+$10 · spread now −0.121%, 7d avg −0.016%

Together, before fees+0.059%+$6 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: BingX is 0.104% cheaper against KuCoin than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UNIUSDTM	9.1160	0.0100	pay 0.0100% / 8h	6h 15m	$13.8M	$12.9M	75x
Short	BingX UNI-USDC	9.1050	0.0100	get 0.0100% / 8h	6h 15m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.121%Rate

Funding earned: $0
Price spread: −0.121% → −0.016%: −$10.44
Slippage, 4 orders: −$49.06
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$81.49
Costs to cover: 0.711%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; BingX: live order book, 5 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, 3 min ago	3.28 bp	22.3 bp −$22	33.8 bp −$338	81.4 bp −$8,135	doesn't fit
Sell BingX live order book, 5 min ago	1.65 bp	11.9 bp −$12	30.8 bp −$308	79.1 bp −$7,909	doesn't fit

UNI on 39 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 −0.0004%	1h	9.1155	−0.005%	$19K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.137%	$660	$154K	12x	as long as short
dYdX UNI-USD	+0.0050%	1h	9.1052	−0.119%	$240K	$30K	10x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.1118	−0.046%	$455	$5	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1234	+0.081%	$1.1M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1090	−0.077%	$298K	$574K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1090	−0.077%	$227.7M	$611.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1060	−0.110%	$102.0M	$107.6M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1090	−0.077%	$56.3M	$256.0M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1170	+0.011%	$289K	$638K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.1080	−0.088%	$23.3M	$59.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1060	−0.110%	$49.8M	$26.3M	200x	as long as short
KuCoin UNIUSDTMlong	+0.0100%	8h	9.1160	long leg	$13.8M	$12.9M	75x
Bitget UNIUSDT	+0.0100%	8h	9.1090	−0.077%	$33.4M	$42.9M	75x	as long as short
BingX UNI-USDCshort	+0.0100%	8h	9.1050	−0.121%	—	$6.5M	—
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1233	+0.080%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1088	−0.079%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1033	−0.139%	$171K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1490	+0.362%	$643K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1090	−0.077%	$89K	$699K	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1020	−0.154%	$969K	$4.3M	10x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1140	−0.022%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1165	+0.005%	$87K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1180	+0.022%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1204	+0.048%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1120	−0.044%	$22K	$722K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1180	+0.022%	$721K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1140	−0.022%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1068	−0.101%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1035	−0.137%	$304K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1190	+0.033%	$32K	—	3x	as long as short
Hyperliquid UNI	+0.0201%	1h	9.1297	+0.150%	$99.6M	$61.1M	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0203%	1h	9.1201	+0.045%	$592K	$188K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	9.1170	+0.011%	$1.1M	$4.7M	50x	as long as short
Reya UNIRUSDPERP	+0.0369%	1h	9.1101	−0.065%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1142	−0.020%	$649K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0421%	1h	9.1183	+0.026%	$5.1M	$6.9M	50x	as long as short
Lighter UNI	+0.0488%	1h	9.1270	+0.121%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.0935%	1h	9.1124	−0.040%	$1K	$48K	10x	as long as short