Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: KuCoin against Extended+0.041%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$500.497% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.104%−$10 on $10k

Price spread, last 7 days−0.051%−$5 · spread now +0.041%, 7d avg +0.027%

Together, before fees−0.155%+ Points / potential airdropExtended: Active · farm board−$15 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended UNI-USD	9.1252	0.0104	pay 0.0013% / 1h	4m 09s	$305K	$1.5M	25x
Short	KuCoin UNIUSDTM	9.1290	0.0100	get 0.0100% / 8h	7h 04m	$13.7M	$13.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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 ExtendedbpFee KuCoinbpOrdersPrice spread, now +0.041%Rate

Funding earned: −$0.84
Price spread: +0.041% → +0.027%: $1.41
Slippage, 4 orders: −$32.73
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$49.16
Costs to cover: 0.497%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; KuCoin: live order book, 4 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 Extended live order book, 4 min ago	0.05 bp	4.2 bp −$4	11.3 bp −$113	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	1.64 bp	19.5 bp −$20	27.9 bp −$279	69.2 bp −$6,924	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 −0.0006%	1h	9.1389	+0.150%	$23K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.235%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0096%	1h	9.1409	+0.172%	$456	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1390	+0.151%	$978K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1391	+0.151%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1400	+0.162%	$303K	$586K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1231	−0.023%	$231.6M	$600.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1200	−0.057%	$102.7M	$107.1M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1110	−0.156%	$56.4M	$254.5M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1470	+0.238%	$282K	$618K	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	9.1180	−0.079%	$23.3M	$60.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1230	−0.025%	$50.9M	$25.3M	200x	as long as short
KuCoin UNIUSDTMshort	+0.0100%	8h	9.1290	+0.041%	$13.7M	$13.6M	75x
Bitget UNIUSDT	+0.0100%	8h	9.1190	−0.068%	$33.5M	$42.7M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1200	−0.057%	—	$57.1M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1262	+0.010%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0908	−0.377%	$4.1M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1361	+0.119%	$172K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1560	+0.337%	$638K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1520	+0.293%	$89K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1000	−0.277%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1452	+0.219%	$85K	$390K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1370	+0.129%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1427	+0.191%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1290	+0.041%	$22K	$709K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1480	+0.249%	$724K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1270	+0.019%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1376	+0.136%	$26K	—	20x	as long as short
Extended UNI-USDlong	+0.0104%	1h	9.1252	long leg	$305K	$1.5M	25x
Aevo UNI-PERP	+0.0104%	1h	9.1334	+0.089%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0152%	1h	9.1386	+0.146%	$591K	$186K	50x	as long as short
dYdX UNI-USD	+0.0193%	1h	9.1400	+0.162%	$245K	$24K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0960	−0.320%	$10.5M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1520	+0.293%	$1.1M	$4.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0367%	1h	9.1327	+0.081%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	9.1369	+0.128%	$578K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0384%	1h	9.1363	+0.121%	$5.1M	$7.0M	50x	as long as short
Hyperliquid UNI	+0.0527%	1h	9.1322	+0.076%	$100.5M	$58.5M	10x	as long as short
Lighter UNI	+0.0952%	1h	9.1431	+0.196%	$4.7M	$5.4M	15x	as long as short
Aftermath Perps UNIUSD	+0.1037%	1h	9.1471	+0.240%	$953	$49K	10x	as long as short