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: SunX against KuCoin+0.047%54s7-day average +0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$710.710% of the position

Long on KuCoin Short on SunX

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)+0.259%+$26 · spread now +0.047%, 7d avg +0.067%

Together, before fees+0.327%+$33 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: SunX is 0.020% cheaper against KuCoin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.067%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UNIUSDTM	9.0310	0.0100	pay 0.0100% / 8h	39m 27s	$13.7M	$13.5M	75x
Short	SunX UNI-USDT	9.0352	0.0100	get 0.0100% / 8h	39m 27s	$36K	$1.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee KuCoinbpFee SunXbpOrdersPrice spread, now +0.047%Rate

Funding earned: $0
Price spread: +0.047% → +0.067%: −$2.05
Slippage, 4 orders: −$50.99
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$73.04
Costs to cover: 0.710%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; SunX: live order book, 5 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 KuCoin live order book, 4 min ago	0.55 bp	20.0 bp −$20	34.3 bp −$343	74.2 bp −$7,418	doesn't fit
Sell SunX live order book, 5 min ago	13.27 bp	17.7 bp −$18	35.7 bp −$357	doesn't fit	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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−2.226%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0315	+0.005%	$62K	—	150x	as long as short
Variational Omni UNI	+0.0022%	8h	9.0514	+0.226%	$4.1M	$4.4M	—	as long as short
dYdX UNI-USD	+0.0058%	1h	9.0335	+0.028%	$250K	$6K	10x	as long as short
Bybit UNIUSDT	+0.0068%	8h	9.0310	0.000%	$103.2M	$104.5M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0078%	1h	9.0330	+0.022%	$582K	$176K	50x	as long as short
OKX UNI-USDT-SWAP	+0.0087%	8h	9.0300	−0.011%	$55.4M	$250.0M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0285	−0.028%	$956K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0375	+0.072%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0318	+0.009%	$299K	$591K	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	9.0325	+0.017%	$223.5M	$588.7M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0360	+0.055%	$279K	$620K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0310	0.000%	$23.2M	$58.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0290	−0.022%	$43.5M	$23.9M	200x	as long as short
KuCoin UNIUSDTMlong	+0.0100%	8h	9.0310	long leg	$13.7M	$13.5M	75x
Bitget UNIUSDT	+0.0100%	8h	9.0260	−0.055%	$33.0M	$42.0M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0290	−0.022%	—	$6.5M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0399	+0.098%	$170K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0470	+0.177%	$630K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0490	+0.199%	$89K	$712K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0300	−0.011%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0310	0.000%	$88K	$356K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0330	+0.022%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTshort	+0.0100%	8h	9.0352	+0.047%	$36K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	9.0290	−0.022%	$25K	$669K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0536	+0.250%	$739K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0330	+0.022%	$27.3M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0253	−0.063%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0269	−0.045%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0289	−0.024%	$32K	$1K	3x	as long as short
Backpack UNI_USDC_PERP	+0.0141%	1h	9.0380	+0.078%	$1.0M	$2.4M	10x	as long as short
01 Exchange UNIUSD	+0.0216%	1h	9.0363	+0.059%	$451	—	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0510	+0.221%	$10.2M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	9.0380	+0.078%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0364%	1h	9.0276	−0.038%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	9.0295	−0.017%	$568K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0560%	1h	9.0357	+0.053%	$5.0M	$7.0M	50x	as long as short
Hyperliquid UNI	+0.0675%	1h	9.0415	+0.116%	$99.5M	$58.7M	10x	as long as short
Aftermath Perps UNIUSD	+0.0792%	1h	9.0476	+0.184%	$1K	$49K	10x	as long as short
Lighter UNI	+0.1024%	1h	9.0485	+0.194%	$4.6M	$5.2M	15x	as long as short