Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

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 +0.018%

Price spread now: KuCoin against OKX+0.066%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$560.560% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.032%+$3 on $10k

Price spread, last 7 days−0.061%−$6 · spread now +0.066%, 7d avg +0.015%

Together, before fees−0.029%−$3 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 0.051% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX UNI-USDT-SWAP	9.1010	0.0100	pay 0.0100% / 8h	5h 27m	$56.2M	$252.0M	50x
Short	KuCoin UNIUSDTM	9.1070	0.0100	get 0.0100% / 8h	5h 27m	$13.6M	$12.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now +0.066%Rate

Funding earned: $0
Price spread: +0.066% → +0.015%: $5.1
Slippage, 4 orders: −$33.95
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$50.85
Costs to cover: 0.560%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 11 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 OKX live order book, 2 min ago	0.55 bp	6.9 bp −$7	14.9 bp −$149	51.6 bp −$5,163	doesn't fit
Sell KuCoin live order book, 11 min ago	2.76 bp	15.1 bp −$15	20.7 bp −$207	54.0 bp −$5,399	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 −0.0008%	1h	9.1067	+0.063%	$28K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.978%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	9.1073	+0.069%	$454	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0998	−0.014%	$941K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1126	+0.127%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1128	+0.130%	$297K	$567K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1056	+0.050%	$226.7M	$609.4M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1020	+0.011%	$102.4M	$108.0M	75x	as long as short
OKX UNI-USDT-SWAPlong	+0.0100%	8h	9.1010	long leg	$56.2M	$252.0M	50x
Arcus UNI-USD	+0.0100%	1h	9.1130	+0.132%	$289K	$614K	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	9.1050	+0.044%	$23.4M	$59.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1110	+0.110%	$49.2M	$25.1M	200x	as long as short
KuCoin UNIUSDTMshort	+0.0100%	8h	9.1070	+0.066%	$13.6M	$12.9M	75x
Bitget UNIUSDT	+0.0100%	8h	9.1090	+0.088%	$33.4M	$42.6M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1030	+0.022%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1136	+0.138%	$987K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1396	+0.424%	$4.3M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1208	+0.217%	$172K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1134	+0.136%	$632K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1490	+0.527%	$90K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1220	+0.231%	$40K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1092	+0.090%	$88K	$412K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1140	+0.143%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1108	+0.108%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1155	+0.159%	$22K	$760K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1188	+0.196%	$714K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1190	+0.198%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1058	+0.053%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1046	+0.039%	$304K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1164	+0.170%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0128%	1h	9.1110	+0.110%	$240K	$30K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0216%	1h	9.1207	+0.216%	$584K	$193K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1150	+0.154%	$10.4M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.1225	+0.236%	$5.1M	$7.3M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.1110	+0.110%	$1.1M	$5.0M	50x	as long as short
Reya UNIRUSDPERP	+0.0370%	1h	9.1065	+0.060%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1209	+0.218%	$648K	—	120x	as long as short
Hyperliquid UNI	+0.0521%	1h	9.1247	+0.260%	$99.0M	$59.9M	10x	as long as short
Lighter UNI	+0.0584%	1h	9.1255	+0.269%	$4.7M	$5.7M	15x	as long as short
Aftermath Perps UNIUSD	+0.0929%	1h	9.1210	+0.219%	$957	$47K	10x	as long as short