Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h +0.006%

Price spread now: 01 Exchange against KuCoin−0.054%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and 01 Exchange is 0.054% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UNIUSDTM	9.0680	0.0100	pay 0.0100% / 8h	7h 48m	$13.7M	$13.5M	75x
Short	01 Exchange UNIUSD	9.0631	0.0032	get 0.0004% / 1h	48m 13s	$452	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.054%Rate

Funding earned: −$14.28
Price spread: −0.054% → 0.000%: −$5.4
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$38.68
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 10 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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, 10 min ago	1.11 bp	16.5 bp −$17	27.3 bp −$273	62.5 bp −$6,251	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Phemex UNIUSDT	−0.0726%	8h	9.0650	−0.033%	$27.3M	$4.5M	50x	as long as short
ApeX Omni UNIUSDT	−0.0044%	1h	8.9840	−0.926%	$88K	$708K	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0004%	1h	9.0698	+0.019%	$584K	$178K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	9.0734	+0.059%	$72K	—	150x	as long as short
01 Exchange UNIUSDshort	+0.0032%	1h	9.0631	−0.054%	$452	—	10x
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.625%	$660	$154K	12x	as long as short
OKX UNI-USDT-SWAP	+0.0092%	8h	9.0610	−0.077%	$55.5M	$250.9M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0675	−0.006%	$960K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0801	+0.134%	$1.0M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0612	−0.075%	$303K	$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	9.0621	−0.066%	$224.4M	$592.4M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0700	+0.022%	$102.0M	$106.6M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0650	−0.033%	$268K	$618K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0710	+0.033%	$23.0M	$57.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0710	+0.033%	$44.2M	$23.3M	200x	as long as short
KuCoin UNIUSDTMlong	+0.0100%	8h	9.0680	long leg	$13.7M	$13.5M	75x
Bitget UNIUSDT	+0.0100%	8h	9.0620	−0.066%	$33.2M	$42.2M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0620	−0.066%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0709	+0.032%	$1.1M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9871	−0.892%	$4.1M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9772	−1.001%	$169K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0021	−0.726%	$633K	$2.5M	10x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0210	−0.518%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0720	+0.044%	$85K	$377K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0690	+0.011%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0812	+0.146%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0590	−0.099%	$21K	$686K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0823	+0.158%	$730K	$4.4M	75x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0558	−0.135%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0611	−0.076%	$304K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0662	−0.020%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0216%	1h	9.0536	−0.159%	$250K	$7K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0160	−0.573%	$10.1M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.0680	0.000%	$1.1M	$5.5M	50x	as long as short
Hyperliquid UNI	+0.0293%	1h	9.0834	+0.170%	$99.6M	$59.8M	10x	as long as short
Reya UNIRUSDPERP	+0.0365%	1h	9.0688	+0.009%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	9.0729	+0.054%	$575K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0387%	1h	9.0637	−0.048%	$5.0M	$7.0M	50x	as long as short
Lighter UNI	+0.0672%	1h	9.0761	+0.089%	$4.6M	$5.2M	15x	as long as short
Aftermath Perps UNIUSD	+0.0786%	1h	9.0069	−0.674%	$1K	$49K	10x	as long as short