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: Bybit against KuCoin−0.079%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$500.502% 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+0.046%+$5 · spread now −0.079%, 7d avg −0.048%
Together, before fees+0.017%+$2 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: Bybit is 0.031% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin UNIUSDTM8.86400.0100pay 0.0100% / 8h1h 02m$13.0M$13.4M75x
ShortBybit UNIUSDT8.85700.0100get 0.0100% / 8h1h 02m$98.1M$111.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: −0.079% → −0.048%
−$3.09
Slippage, 4 orders
−$27.19
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$53.28
Costs to cover
0.502%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; Bybit: 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 KuCoin live order book, 7 min ago0.56 bp20.0 bp −$2029.3 bp −$29367.6 bp −$6,757doesn't fit
Sell Bybit live order book, 2 min ago0.56 bp7.9 bp −$814.8 bp −$14835.9 bp −$3,589doesn'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−0.0077%1h8.8586−0.061%$106K$619K10xas long as short
01 Exchange UNIUSD−0.0024%1h8.8587−0.060%$442$510xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.8644+0.004%$4.7M$8.6M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8618−0.025%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.384%$660$153K12xas long as short
Nado UNI-PERP+0.0035%1h8.8547−0.104%$735K$4.7M10xas long as short
Lighter UNI+0.0096%1h8.8727+0.098%$4.5M$5.7M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8555−0.096%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8659+0.021%$726K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.8600−0.045%$283K$590K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8610−0.034%$214.1M$657.2M75xas long as short
Bybit UNIUSDTshort+0.0100%8h8.8570−0.079%$98.1M$111.4M75x
OKX UNI-USDT-SWAP+0.0100%8h8.8570−0.079%$53.9M$263.8M50xas long as short
Arcus UNI-USD+0.0100%1h8.8660+0.023%$316K$695K10xas long as short
Gate UNI_USDT+0.0100%8h8.8610−0.034%$25.2M$66.9M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8610−0.034%$48.4M$26.7M200xas long as short
KuCoin UNIUSDTMlong+0.0100%8h8.8640long leg$13.0M$13.4M75x
Bitget UNIUSDT+0.0100%8h8.8590−0.056%$32.4M$45.4M75xas long as short
BingX UNI-USDC+0.0100%8h8.8610−0.034%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8676+0.041%$1.1M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8829+0.214%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.8745+0.118%$168K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8670+0.034%$620K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8750+0.124%$89K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.8660+0.023%$15K$3.4M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8570−0.079%$16K$2.0M10xas long as short
SunX UNI-USDT+0.0100%8h8.8684+0.050%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8587−0.060%$32K$887K10xas long as short
HTX UNI-USDT+0.0100%8h8.8647+0.008%$694K$4.8M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8620−0.023%$26.7M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8570−0.079%$289K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8601−0.044%$31K3xas long as short
Hyperliquid UNI+0.0153%1h8.8719+0.089%$94.3M$67.6M10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0178%1h8.8664+0.027%$584K$250K50xas long as short
Coinbase International UNI-PERP-INTX+0.0192%1h8.8650+0.011%$923K$5.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8600−0.045%$10.0M$3.6M75xas long as short
dYdX UNI-USD+0.0377%1h8.8583−0.064%$233K$30K10xas long as short
Reya UNIRUSDPERP+0.0379%1h8.8560−0.090%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8626−0.016%$630K120xas long as short
Aftermath Perps UNIUSD+0.0517%1h8.8750+0.124%$1K$53K10xas long as short