Funding you earn now, next payment 06:00 UTC−0.0173%/8h= −18.9% APRnext payment −$0.22 per $10,000 · paid last 24h +0.012%
Price spread now: Kraken Futures against dYdX+0.058%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2512.515% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+0.179%+$18 · spread now +0.058%, 7d avg +0.047%
=The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX UNI-USD | 8.9076 | 0.0156 | pay 0.0019% / 1h | 36m 12s | $235K | $31K | 10x |
| Short | Kraken Futures PF_UNIUSD | 8.9127 | −0.0017 | pay 0.0002% / 1h | 36m 12s | $4.8M | $8.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$36.24
- Price spread: +0.058% → +0.047%
- $1.08
- Slippage, 4 orders
- −$231.5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$286.66
- Costs to cover
- 2.515%
- Break-even
- never at this rate
Slippage from dYdX: 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 dYdX live order book, 13 min ago | 109.64 bp | 114.6 bp −$115 | 114.6 bp −$1,146 | 251.1 bp −$25.1K | 602.9 bp −$301.5K |
| 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 | +0.005% | $831K | $4.7M | 10x | as long as short |
| 01 Exchange UNIUSD | −0.0064% | 1h | 8.9105 | +0.033% | $445 | $5 | 10x | as long as short |
| Kraken Futures PF_UNIUSDshort | −0.0017% | 1h | 8.9127 | +0.058% | $4.8M | $8.5M | 50x | |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.9047 | −0.032% | $49K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.871% | $660 | $153K | 12x | as long as short |
| Polymarket Perps UNI-USD | +0.0087% | 1h | 8.9030 | −0.051% | $99K | $508K | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.9171 | +0.107% | $4.5M | $5.5M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9063 | −0.015% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9089 | +0.015% | $755K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9111 | +0.040% | $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 | 8.9100 | +0.027% | $216.5M | $659.0M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9050 | −0.029% | $99.5M | $112.5M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.9050 | −0.029% | $54.0M | $264.5M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9150 | +0.083% | $318K | $700K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9080 | +0.005% | $24.1M | $65.2M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9100 | +0.027% | $46.8M | $26.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9070 | −0.006% | $13.1M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9040 | −0.040% | $32.8M | $46.5M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.9060 | −0.018% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9139 | +0.071% | $1.0M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8420 | −0.736% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8330 | −0.837% | $167K | $345K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8517 | −0.628% | $617K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8320 | −0.848% | $90K | $706K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8880 | −0.220% | $15K | $3.4M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9020 | −0.063% | $16K | $1.6M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9077 | +0.001% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9030 | −0.051% | $26K | $854K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9106 | +0.034% | $711K | $5.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9100 | +0.027% | $27.0M | $4.3M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8992 | −0.094% | $286K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9045 | −0.035% | $32K | — | 3x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0123% | 1h | 8.9091 | +0.017% | $571K | $203K | 50x | as long as short |
| Hyperliquid UNI | +0.0145% | 1h | 8.9169 | +0.105% | $94.9M | $66.4M | 10x | as long as short |
| dYdX UNI-USDlong | +0.0156% | 1h | 8.9076 | long leg | $235K | $31K | 10x | |
| Coinbase International UNI-PERP-INTX | +0.0184% | 1h | 8.9150 | +0.083% | $932K | $5.8M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8910 | −0.186% | $10.1M | $3.6M | 75x | as long as short |
| Reya UNIRUSDPERP | +0.0376% | 1h | 8.8993 | −0.093% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.9038 | −0.043% | $634K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0629% | 1h | 8.8783 | −0.328% | $952 | $45K | 10x | as long as short |
Kraken Futures PF_UNIUSD
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Polymarket Perps UNI-USD
Lighter UNI
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Deribit UNI_USDC-PERPETUAL
Hyperliquid UNI
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD