UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0121%/8h= −13.2% APRnext payment −$0.15 per $10,000 · paid last 24h +0.042%

Price spread now: Kraken Futures against Extended+0.111%7-day average +0.128% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$380.376% of the position

Long on Extended Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.120%+$12 on $10k

Price spread, last 4 days (all we have)+0.223%+$22 · spread now +0.111%, 7d avg +0.128%

Together, before fees+0.344%+ Points / potential airdropExtended: Active · farm board+$34 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.128%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.120%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended UNI-USD	8.8626	0.0104	pay 0.0013% / 1h	56m 23s	$281K	$1.6M	25x
Short	Kraken Futures PF_UNIUSD	8.8724	−0.0017	pay 0.0002% / 1h	56m 23s	$4.8M	$8.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Extended. 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 ExtendedbpFee Kraken FuturesbpOrdersPrice spread, now +0.111%Rate

Funding earned: −$25.39
Price spread: +0.111% → +0.128%: −$1.67
Slippage, 4 orders: −$22.56
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$64.62
Costs to cover: 0.376%
Break-even: never at this rate

Slippage from Extended: live order book, 2 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 Extended live order book, 2 min ago	2.32 bp	6.3 bp −$6	10.5 bp −$105	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 3 min ago	0.57 bp	14.8 bp −$15	18.7 bp −$187	42.7 bp −$4,268	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	−0.0300%	1h	8.8587	−0.043%	$799K	$4.7M	10x	as long as short
01 Exchange UNIUSD	−0.0120%	1h	8.8599	−0.030%	$442	$5	10x	as long as short
Kraken Futures PF_UNIUSDshort	−0.0017%	1h	8.8724	+0.111%	$4.8M	$8.4M	50x
dYdX UNI-USD	0.0000%	1h	8.8634	+0.010%	$233K	$31K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0002%	1h	8.8736	+0.125%	$569K	$208K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.8722	+0.109%	$48K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.367%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0079%	1h	8.8599	−0.030%	$94K	$489K	10x	as long as short
Lighter UNI	+0.0096%	1h	8.8705	+0.090%	$4.5M	$5.4M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8646	+0.023%	$25K	—	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid UNI	+0.0100%	1h	8.8661	+0.040%	$93.6M	$65.5M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8715	+0.101%	$766K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8669	+0.049%	$286K	$610K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8697	+0.081%	$215.8M	$657.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8650	+0.028%	$99.1M	$112.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8650	+0.028%	$53.7M	$262.4M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8670	+0.050%	$330K	$684K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8640	+0.016%	$23.4M	$64.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8590	−0.040%	$46.7M	$26.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8570	−0.063%	$13.2M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8640	+0.016%	$32.7M	$46.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8700	+0.084%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8717	+0.103%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8460	−0.187%	$4.1M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8442	−0.207%	$167K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8520	−0.119%	$617K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8380	−0.277%	$90K	$703K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8610	−0.018%	$15K	$3.4M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8670	+0.050%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8643	+0.020%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8680	+0.061%	$39K	$838K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8780	+0.174%	$707K	$5.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8620	−0.006%	$26.8M	$4.3M	50x	as long as short
Extended UNI-USDlong	+0.0104%	1h	8.8626	long leg	$281K	$1.6M	25x
Aevo UNI-PERP	+0.0104%	1h	8.8700	+0.084%	$31K	—	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0184%	1h	8.8720	+0.106%	$930K	$5.8M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8610	−0.018%	$10.0M	$3.6M	75x	as long as short
Reya UNIRUSDPERP	+0.0375%	1h	8.8547	−0.088%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.8700	+0.084%	$631K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0662%	1h	8.8607	−0.021%	$959	$45K	10x	as long as short