UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0117%/8h= −12.8% APRnext payment −$0.15 per $10,000 · paid last 24h +0.042%

Price spread now: Kraken Futures against ApeX Omni+0.914%75s7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as 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−$510.508% of the position

Long on ApeX Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.173%+$17 on $10k

Price spread, last 4 days (all we have)−0.526%−$53 · spread now +0.914%, 7d avg −0.008%

Together, before fees−0.353%−$35 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kraken Futures is 0.922% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.914% now, against its 7-day average of −0.008%): +$92 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 26 days. Mind the row above: over the last 7 days funding on this pair paid +0.173%, so the current rate has only just turned against you. The two prices were read 75 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	ApeX Omni UNIUSDT	8.8320	0.0100	pay 0.0013% / 1h	35m 50s	$90K	$706K	50x
Short	Kraken Futures PF_UNIUSD	8.9127	−0.0017	pay 0.0002% / 1h	35m 50s	$4.8M	$8.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against ApeX Omni. 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 ApeX OmnibpFee Kraken FuturesbpOrdersPrice spread, now +0.914%Rate

Funding earned: −$24.53
Price spread: +0.914% → −0.008%: $92.23
Slippage, 4 orders: −$30.84
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $16.86
Costs to cover: 0.508%
Break-even: from the start

Slippage from ApeX Omni: live order book, 13 min ago; Kraken Futures: live order book, 3 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 ApeX Omni live order book, 13 min ago	6.17 bp	14.4 bp −$14	113.2 bp −$1,132	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 3 min ago	1.69 bp	15.5 bp −$16	18.7 bp −$187	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
Nado UNI-PERP	−0.0135%	1h	8.9080	+0.861%	$831K	$4.7M	10x	as long as short
01 Exchange UNIUSD	−0.0064%	1h	8.9105	+0.889%	$445	$5	10x	as long as short
Kraken Futures PF_UNIUSDshort	−0.0017%	1h	8.9127	+0.914%	$4.8M	$8.5M	50x
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9047	+0.823%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.023%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0087%	1h	8.9030	+0.804%	$99K	$508K	10x	as long as short
Lighter UNI	+0.0096%	1h	8.9329	+1.142%	$4.5M	$5.5M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9063	+0.841%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9206	+1.003%	$756K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9111	+0.896%	$285K	$612K	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	8.9206	+1.003%	$216.8M	$659.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9170	+0.962%	$99.6M	$112.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9170	+0.962%	$54.0M	$264.8M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9150	+0.940%	$318K	$700K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9170	+0.962%	$24.1M	$65.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9190	+0.985%	$46.8M	$26.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9190	+0.985%	$13.1M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9170	+0.962%	$32.8M	$46.5M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9170	+0.962%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9139	+0.927%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8991	+0.760%	$4.1M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8330	+0.011%	$167K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8517	+0.223%	$617K	$2.7M	10x	as long as short
ApeX Omni UNIUSDTlong	+0.0100%	1h	8.8320	long leg	$90K	$706K	50x
StandX UNI-USD	+0.0100%	1h	8.8880	+0.634%	$15K	$3.4M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9020	+0.793%	$16K	$1.6M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9077	+0.857%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9030	+0.804%	$26K	$854K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9106	+0.890%	$711K	$5.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9100	+0.883%	$27.0M	$4.3M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9112	+0.897%	$286K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9045	+0.820%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0123%	1h	8.9091	+0.873%	$571K	$203K	50x	as long as short
Hyperliquid UNI	+0.0147%	1h	8.9314	+1.125%	$95.1M	$66.4M	10x	as long as short
dYdX UNI-USD	+0.0156%	1h	8.9076	+0.856%	$235K	$31K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0184%	1h	8.9150	+0.940%	$932K	$5.8M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8910	+0.668%	$10.1M	$3.6M	75x	as long as short
Reya UNIRUSDPERP	+0.0376%	1h	8.8993	+0.762%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.9038	+0.813%	$634K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0629%	1h	8.8783	+0.525%	$952	$45K	10x	as long as short