Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%

Price spread now: KuCoin against SunX+0.010%7-day average −0.068% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$710.714% of the position

Long on SunX 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 3 days (all we have)−0.883%−$88 · spread now +0.010%, 7d avg −0.068%

Together, before fees−0.951%−$95 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 0.078% dearer against SunX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.068%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX UNI-USDT	8.8511	0.0100	pay 0.0100% / 8h	3h 31m	$36K	$1.3M	30x
Short	KuCoin UNIUSDTM	8.8520	0.0100	get 0.0100% / 8h	3h 31m	$13.8M	$13.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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 SunXbpFee KuCoinbpOrdersPrice spread, now +0.010%Rate

Funding earned: $0
Price spread: +0.010% → −0.068%: $7.84
Slippage, 4 orders: −$51.4
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$63.57
Costs to cover: 0.714%
Break-even: never at this rate

Slippage from SunX: live order book, 3 min ago; KuCoin: live order book, 2 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 SunX live order book, 3 min ago	13.86 bp	17.9 bp −$18	34.5 bp −$345	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	1.13 bp	15.9 bp −$16	19.8 bp −$198	56.2 bp −$5,618	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
Variational Omni UNI	−0.0206%	8h	8.8156	−0.401%	$3.9M	$4.9M	—	as long as short
Bybit UNIUSDT	−0.0206%	8h	8.8520	+0.010%	$103.3M	$105.3M	75x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.8489	−0.025%	$61K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0005%	8h	8.8550	+0.044%	$54.8M	$248.2M	50x	as long as short
01 Exchange UNIUSD	+0.0088%	1h	8.8546	+0.040%	$442	—	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8521	+0.011%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8483	−0.032%	$852K	$3.9M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.8666	+0.175%	$96.3M	$59.9M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8607	+0.109%	$1.1M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8606	+0.107%	$299K	$564K	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	8.8576	+0.073%	$217.1M	$597.5M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8580	+0.078%	$273K	$596K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8560	+0.055%	$22.7M	$59.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8510	−0.001%	$43.2M	$24.6M	200x	as long as short
KuCoin UNIUSDTMshort	+0.0100%	8h	8.8520	+0.010%	$13.8M	$13.7M	75x
Bitget UNIUSDT	+0.0100%	8h	8.8510	−0.001%	$32.0M	$41.2M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.8550	+0.044%	—	$50.7M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8578	+0.076%	$980K	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8246	−0.299%	$166K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8241	−0.305%	$619K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8300	−0.238%	$83K	$726K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8320	−0.216%	$105K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8500	−0.012%	$89K	$341K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8530	+0.021%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTlong	+0.0100%	8h	8.8511	long leg	$36K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	8.8550	+0.044%	$25K	$670K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8697	+0.210%	$704K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8570	+0.067%	$26.7M	$4.3M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0103%	1h	8.8610	+0.112%	$553K	$129K	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8487	−0.027%	$308K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8506	−0.005%	$31K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0192%	1h	8.8620	+0.123%	$1.0M	$5.4M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8560	+0.055%	$9.8M	$3.3M	75x	as long as short
dYdX UNI-USD	+0.0237%	1h	8.8641	+0.147%	$245K	$5K	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0317%	1h	8.8617	+0.119%	$5.0M	$7.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0358%	1h	8.8437	−0.084%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0321%	1h	8.8478	−0.037%	$554K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0579%	1h	8.8318	−0.218%	$1K	$51K	10x	as long as short
Lighter UNI	+0.0640%	1h	8.8730	+0.247%	$4.6M	$5.3M	15x	as long as short
Injective UNI/USDC PERP	+0.4514%	1h	8.7900	−0.690%	$657	$97K	12x	as long as short