Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against ApeX Omni−0.459%7-day average −0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$630.625% of the position

Long on ApeX Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$5 on $10k

Price spread, last 4 days (all we have)+0.219%+$22 · spread now −0.459%, 7d avg −0.074%

Together, before fees+0.164%+$16 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 0.385% cheaper against ApeX Omni than usual: you would sell low and buy high, −$38 on $10k if it goes back to its 7-day average of −0.074%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni UNIUSDT	9.1490	0.0100	pay 0.0013% / 1h	27m 09s	$90K	$694K	50x
Short	KuCoin UNIUSDTM	9.1070	0.0100	get 0.0100% / 8h	5h 27m	$13.6M	$12.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against ApeX Omni. 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 ApeX OmnibpFee KuCoinbpOrdersPrice spread, now −0.459%Rate

Funding earned: $0
Price spread: −0.459% → −0.074%: −$38.46
Slippage, 4 orders: −$40.53
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$100.99
Costs to cover: 0.625%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 36 min ago; KuCoin: live order book, 1 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 ApeX Omni live order book, 36 min ago	5.98 bp	14.1 bp −$14	106.3 bp −$1,063	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	2.75 bp	16.2 bp −$16	20.7 bp −$207	51.7 bp −$5,171	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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0008%	1h	9.1067	−0.462%	$28K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.487%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	9.1073	−0.456%	$454	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0998	−0.538%	$941K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1104	−0.422%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1128	−0.396%	$297K	$567K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1110	−0.415%	$226.8M	$609.4M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1100	−0.426%	$102.5M	$108.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1140	−0.383%	$56.1M	$252.4M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1130	−0.393%	$289K	$614K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.1080	−0.448%	$23.4M	$59.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1110	−0.415%	$49.2M	$25.1M	200x	as long as short
KuCoin UNIUSDTMshort	+0.0100%	8h	9.1070	−0.459%	$13.6M	$12.9M	75x
Bitget UNIUSDT	+0.0100%	8h	9.1020	−0.514%	$33.4M	$42.6M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1030	−0.503%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1136	−0.387%	$987K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1396	−0.102%	$4.3M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1208	−0.309%	$172K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1134	−0.389%	$632K	$2.6M	10x	as long as short
ApeX Omni UNIUSDTlong	+0.0100%	1h	9.1490	long leg	$90K	$694K	50x
StandX UNI-USD	+0.0100%	1h	9.1220	−0.295%	$40K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1092	−0.435%	$88K	$412K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1030	−0.503%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1069	−0.460%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1050	−0.481%	$22K	$760K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1158	−0.363%	$714K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1150	−0.372%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1058	−0.472%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1010	−0.524%	$304K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1053	−0.477%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0128%	1h	9.1110	−0.416%	$240K	$30K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0170%	1h	9.1104	−0.422%	$583K	$193K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1130	−0.393%	$10.4M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.1122	−0.402%	$5.1M	$7.3M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.1120	−0.404%	$1.1M	$5.0M	50x	as long as short
Reya UNIRUSDPERP	+0.0370%	1h	9.1065	−0.465%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1065	−0.465%	$648K	—	120x	as long as short
Hyperliquid UNI	+0.0521%	1h	9.1247	−0.266%	$99.0M	$59.9M	10x	as long as short
Lighter UNI	+0.0584%	1h	9.1237	−0.277%	$4.7M	$5.7M	15x	as long as short
Aftermath Perps UNIUSD	+0.0929%	1h	9.1210	−0.307%	$957	$47K	10x	as long as short