Settings8H · net · $10k
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Funding arb · Price arb /

UNI

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC+0.0461%/8h= +50.5% APRpaid last 24h +0.021%
Price spread now: Kraken Futures against Bitget+0.138%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Long on BitgetShort on Kraken Futures
What this pair did over the last
the charts below follow
Funding, last 7 days+0.186%+$19 on $10k
Price spread, last 3 days (all we have)+0.280%+$28 · spread now +0.138%, 7d avg +0.086%
Together, before fees+0.466%+$47 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Kraken Futures is 0.052% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.086%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.186% in total (about 9.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget UNIUSDT9.00500.0100pay 0.0100% / 8h56m 55s$32.7M$41.6M75x
ShortKraken Futures PF_UNIUSD9.01740.0561get 0.0070% / 1h56m 55s$5.0M$7.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. 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

Funding earned
$96.86
Price spread: +0.138% → +0.086%
$5.18
Slippage, 4 orders
−$25.96
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$54.08
Costs to cover
0.480%
Break-even
3.1 days
Slippage from Bitget: live order book, 2 min ago; Kraken Futures: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago1.11 bp8.8 bp −$915.4 bp −$15431.8 bp −$3,175doesn't fit
Sell Kraken Futures live order book, 2 min ago2.78 bp13.9 bp −$1417.2 bp −$17246.1 bp −$4,611doesn't fit

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective UNI/USDC PERP−0.0049%1h8.8300−1.943%$660$155K12xas long as short
Variational Omni UNI−0.0022%8h8.9623−0.474%$4.0M$4.6M—as long as short
dYdX UNI-USD0.0000%1h9.0066+0.018%$249K$6K10xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.0105+0.061%$63K—150xas long as short
Bybit UNIUSDT+0.0034%8h9.0090+0.044%$102.9M$104.9M75xas long as short
OKX UNI-USDT-SWAP+0.0070%8h9.0090+0.044%$55.6M$249.4M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0049−0.002%$26K—20xas long as short
Nado UNI-PERP+0.0100%1h9.0030−0.022%$952K$4.1M10xas long as short
Aster UNIUSDT+0.0100%8h9.0144+0.104%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h9.0075+0.027%$300K$586K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h9.0120+0.078%$222.3M$593.7M75xas long as short
Arcus UNI-USD+0.0100%1h9.0170+0.133%$278K$622K10xas long as short
Gate UNI_USDT+0.0100%8h9.0090+0.044%$23.2M$57.5M75xas long as short
MEXC UNI_USDT+0.0100%8h9.0110+0.067%$43.4M$23.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.0080+0.033%$13.7M$13.8M75xas long as short
Bitget UNIUSDTlong+0.0100%8h9.0050long leg$32.7M$41.6M75x
BingX UNI-USDT+0.0100%8h9.0100+0.056%—$51.7M—as long as short
edgeX UNIUSDC+0.0100%4h8.9843−0.230%$169K$341K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9813−0.264%$629K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9870−0.200%$89K$712K50xas long as short
StandX UNI-USD+0.0100%1h8.9930−0.133%$107K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.0148+0.109%$87K$355K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.0120+0.078%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.0171+0.134%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.0098+0.053%$25K$664K10xas long as short
HTX UNI-USDT+0.0100%8h9.0187+0.152%$737K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h9.0080+0.033%$27.2M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h9.0038−0.014%$302K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h9.0135+0.094%$32K$1K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0127%1h9.0140+0.100%$573K$157K50xas long as short
Backpack UNI_USDC_PERP+0.0169%1h9.0123+0.081%$1.0M$2.3M10xas long as short
01 Exchange UNIUSD+0.0216%1h9.0177+0.141%$450—10xas long as short
BloFin UNI-USDT+0.0220%8h9.0120+0.078%$10.0M$3.4M75xas long as short
Coinbase International UNI-PERP-INTX+0.0232%1h9.0190+0.155%$1.1M$5.4M50xas long as short
Reya UNIRUSDPERP+0.0363%1h9.0044−0.007%$16K—20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0380% / S −0.0320%1h9.0104+0.060%$566K—120xas long as short
Kraken Futures PF_UNIUSDshort+0.0561%1h9.0174+0.138%$5.0M$7.1M50x
Aftermath Perps UNIUSD+0.0712%1h8.9841−0.232%$1K$49K10xas long as short
Hyperliquid UNI+0.0761%1h9.0209+0.177%$99.4M$59.6M10xas long as short
Lighter UNI+0.1000%1h9.0263+0.237%$4.6M$5.1M15xas long as short