Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h +0.004%

Price spread now: 01 Exchange against KuCoin+0.023%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. 01 Exchange is 0.023% dearer against KuCoin than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UNIUSDTM	8.9670	0.0100	pay 0.0100% / 8h	6h 39m	$13.3M	$13.8M	75x
Short	01 Exchange UNIUSD	8.9691	0.0032	get 0.0004% / 1h	39m 30s	$448	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.023%Rate

Funding earned: −$14.28
Price spread: +0.023% → 0.000%: $2.34
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$30.94
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 4 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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	1.11 bp	18.7 bp −$19	23.5 bp −$235	72.1 bp −$7,212	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0004%	1h	8.9347	−0.360%	$37K	—	150x	as long as short
dYdX UNI-USD	+0.0031%	1h	8.9730	+0.067%	$236K	$30K	10x	as long as short
01 Exchange UNIUSDshort	+0.0032%	1h	8.9691	+0.023%	$448	—	10x
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.528%	$660	$154K	12x	as long as short
ApeX Omni UNIUSDT	+0.0078%	1h	9.0130	+0.513%	$88K	$706K	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9670	0.000%	$929K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9868	+0.221%	$97.7M	$59.7M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9720	+0.056%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9690	+0.022%	$293K	$580K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9680	+0.011%	$223.5M	$613.2M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit UNIUSDT	+0.0100%	8h	8.9730	+0.067%	$100.4M	$108.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9750	+0.089%	$55.4M	$253.7M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9760	+0.100%	$284K	$630K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9710	+0.045%	$22.9M	$58.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9700	+0.033%	$49.1M	$25.9M	200x	as long as short
KuCoin UNIUSDTMlong	+0.0100%	8h	8.9670	long leg	$13.3M	$13.8M	75x
Bitget UNIUSDT	+0.0100%	8h	8.9730	+0.067%	$32.9M	$43.1M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9700	+0.033%	—	$57.4M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9574	−0.107%	$977K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9551	−0.133%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0023	+0.394%	$169K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9562	−0.121%	$624K	$2.6M	10x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9280	−0.435%	$55K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9795	+0.139%	$85K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9440	−0.256%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9583	−0.097%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9499	−0.191%	$21K	$715K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9680	+0.011%	$713K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9620	−0.056%	$27.0M	$4.6M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9688	+0.020%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9644	−0.029%	$297K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9465	−0.229%	$32K	—	3x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9940	+0.301%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	8.9340	−0.368%	$1.1M	$4.7M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0318%	1h	8.9477	−0.215%	$581K	$200K	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	8.9748	+0.087%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.9337	−0.372%	$636K	—	120x	as long as short
Lighter UNI	+0.0400%	1h	8.9808	+0.154%	$4.6M	$5.3M	15x	as long as short
Kraken Futures PF_UNIUSD	+0.0428%	1h	8.9584	−0.096%	$5.0M	$6.9M	50x	as long as short
Aftermath Perps UNIUSD	+0.0980%	1h	8.9763	+0.103%	$934	$49K	10x	as long as short