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: KuCoin against SunX+0.050%7-day average −0.068% · you sell dearer than you buy

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$700.699% of the position

Long on SunX Short on KuCoin

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)−0.431%−$43 · spread now +0.050%, 7d avg −0.068%

Together, before fees−0.498%−$50 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 0.118% dearer against SunX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.068%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX UNI-USDT	8.7616	0.0100	pay 0.0100% / 8h	1h 49m	$36K	$1.3M	30x
Short	KuCoin UNIUSDTM	8.7660	0.0100	get 0.0100% / 8h	1h 49m	$13.4M	$13.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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 SunXbpFee KuCoinbpOrdersPrice spread, now +0.050%Rate

Funding earned: $0
Price spread: +0.050% → −0.068%: $11.78
Slippage, 4 orders: −$49.85
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$58.08
Costs to cover: 0.699%
Break-even: never at this rate

Slippage from SunX: live order book, 5 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 SunX live order book, 5 min ago	13.34 bp	17.4 bp −$17	34.5 bp −$345	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	1.14 bp	13.4 bp −$13	17.2 bp −$172	54.2 bp −$5,417	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
Variational Omni UNI	−0.0086%	8h	8.7668	+0.059%	$3.9M	$4.7M	—	as long as short
Bybit UNIUSDT	−0.0038%	8h	8.7660	+0.050%	$100.1M	$106.3M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.7606	−0.012%	$557K	$158K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.7616	0.000%	$79K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0033%	8h	8.7650	+0.039%	$54.2M	$244.7M	50x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.7900	+0.324%	$657	$96K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	8.7728	+0.128%	$438	—	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.7662	+0.052%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.7595	−0.024%	$850K	$4.1M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.7717	+0.115%	$1.0M	$3.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.7693	+0.088%	$295K	$579K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.7680	+0.073%	$215.2M	$597.9M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.7750	+0.153%	$270K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.7680	+0.073%	$22.7M	$58.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.7680	+0.073%	$42.2M	$24.4M	200x	as long as short
KuCoin UNIUSDTMshort	+0.0100%	8h	8.7660	+0.050%	$13.4M	$13.9M	75x
Bitget UNIUSDT	+0.0100%	8h	8.7670	+0.062%	$31.9M	$41.8M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.7680	+0.073%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.7645	+0.033%	$970K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.7684	+0.078%	$165K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8252	+0.726%	$612K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8040	+0.484%	$87K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.7710	+0.107%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.7555	−0.070%	$86K	$349K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.7530	−0.098%	$15K	$1.7M	10x	as long as short
SunX UNI-USDTlong	+0.0100%	8h	8.7616	long leg	$36K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	8.7580	−0.041%	$24K	$668K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.7802	+0.212%	$720K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.7610	−0.007%	$26.3M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.7639	+0.026%	$299K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.7590	−0.030%	$31K	$1K	3x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.7650	+0.039%	$9.8M	$3.3M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0224%	1h	8.7650	+0.039%	$1.0M	$5.3M	50x	as long as short
dYdX UNI-USD	+0.0240%	1h	8.7711	+0.109%	$243K	$6K	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0345%	1h	8.7633	+0.020%	$4.9M	$7.2M	50x	as long as short
Hyperliquid UNI	+0.0346%	1h	8.7786	+0.194%	$96.0M	$59.6M	10x	as long as short
Reya UNIRUSDPERP	+0.0361%	1h	8.7561	−0.063%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.7600	−0.019%	$550K	—	120x	as long as short
Lighter UNI	+0.0520%	1h	8.7848	+0.265%	$4.5M	$5.2M	15x	as long as short
Aftermath Perps UNIUSD	+0.0637%	1h	8.7915	+0.341%	$1K	$50K	10x	as long as short