Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
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 +0.026%
Price spread now: KuCoin against Bybit−0.022%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$520.523% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 7 days+0.055%+$6 · spread now −0.022%, 7d avg +0.048%
Together, before fees+0.084%+$8 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 0.071% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit UNIUSDT8.91500.0100pay 0.0100% / 8h1h 26m$99.0M$111.9M75x
ShortKuCoin UNIUSDTM8.91300.0100get 0.0100% / 8h1h 26m$13.0M$13.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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

Funding earned
$0
Price spread: −0.022% → +0.048%
−$7.05
Slippage, 4 orders
−$29.31
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$59.36
Costs to cover
0.523%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago0.56 bp8.3 bp −$819.3 bp −$19346.2 bp −$4,617doesn't fit
Sell KuCoin live order book, 2 min ago1.68 bp19.4 bp −$1922.5 bp −$22561.5 bp −$6,148doesn't fit

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps UNI-USD−0.0159%1h8.9182+0.036%$107K$618K10xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.9119−0.035%$4.7M$8.7M50xas long as short
01 Exchange UNIUSD−0.0016%1h8.9121−0.033%$445$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9110−0.045%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.953%$660$153K12xas long as short
Deribit UNI_USDC-PERPETUAL+0.0067%1h8.9190+0.045%$588K$250K50xas long as short
Nado UNI-PERP+0.0085%1h8.9170+0.022%$738K$4.7M10xas long as short
Lighter UNI+0.0096%1h8.9326+0.197%$4.5M$5.7M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9080−0.079%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.9200+0.056%$734K$3.6M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.9110−0.045%$285K$590K10xas long as short
Binance UNIUSDT+0.0100%8h8.9160+0.011%$215.2M$658.7M75xas long as short
Bybit UNIUSDTlong+0.0100%8h8.9150long leg$99.0M$111.9M75x
OKX UNI-USDT-SWAP+0.0100%8h8.9140−0.011%$54.2M$266.1M50xas long as short
Arcus UNI-USD+0.0100%1h8.9180+0.034%$318K$696K10xas long as short
Gate UNI_USDT+0.0100%8h8.9140−0.011%$25.1M$66.6M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9130−0.022%$49.0M$26.6M200xas long as short
KuCoin UNIUSDTMshort+0.0100%8h8.9130−0.022%$13.0M$13.4M75x
Bitget UNIUSDT+0.0100%8h8.9140−0.011%$32.6M$45.4M75xas long as short
BingX UNI-USDT+0.0100%8h8.91500.000%$57.3Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9173+0.026%$1.0M$2.5M10xas long as short
Variational Omni UNI+0.0100%8h8.9219+0.078%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.9254+0.117%$169K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9259+0.122%$630K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9310+0.179%$90K$710K50xas long as short
StandX UNI-USD+0.0100%1h8.9130−0.022%$15K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9170+0.022%$16K$1.9M10xas long as short
SunX UNI-USDT+0.0100%8h8.9231+0.091%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9060−0.101%$32K$886K10xas long as short
HTX UNI-USDT+0.0100%8h8.9354+0.229%$699K$4.8M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9140−0.011%$26.9M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.9089−0.069%$294K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9081−0.078%$32K3xas long as short
Coinbase International UNI-PERP-INTX+0.0192%1h8.9250+0.112%$930K$5.5M50xas long as short
Hyperliquid UNI+0.0208%1h8.9270+0.135%$94.9M$67.7M10xas long as short
dYdX UNI-USD+0.0211%1h8.9124−0.029%$235K$31K10xas long as short
BloFin UNI-USDT+0.0220%8h8.9100−0.056%$10.0M$3.6M75xas long as short
Reya UNIRUSDPERP+0.0379%1h8.9148−0.003%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.9186+0.041%$634K120xas long as short
Aftermath Perps UNIUSD+0.0475%1h8.9243+0.105%$944$53K10xas long as short