UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0238%/8h= +26.0% APRnext payment +$0.30 per $10,000 · paid last 24h −0.127%

Price spread now: Kraken Futures against Injective+2.517%7-day average −0.090% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.694%+$69 on $10k

Price spread, last 4 days (all we have)−1.936%−$194 · spread now +2.517%, 7d avg −0.090%

Together, before fees−1.243%−$124 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 2.607% dearer against Injective than usual: you sell high and buy low: +$261 more if the spread goes back to its 7-day average of −0.090%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective UNI/USDC PERP	8.8300	0.0033	pay 0.0004% / 1h	38m 32s	$660	$154K	12x
Short	Kraken Futures PF_UNIUSD	9.0523	0.0271	get 0.0034% / 1h	38m 32s	$5.1M	$7.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpFee Kraken FuturesbpOrdersPrice spread, now +2.517%Rate

Funding earned: $49.92
Price spread: +2.517% → −0.090%: $260.71
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $300.61
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 5 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 5 min ago	3.29 bp	12.4 bp −$12	16.1 bp −$161	54.4 bp −$5,442	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0461	+2.448%	$19K	—	150x	as long as short
Injective UNI/USDC PERPlong	+0.0033%	1h	8.8300	long leg	$660	$154K	12x
01 Exchange UNIUSD	+0.0080%	1h	9.0689	+2.706%	$453	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0600	+2.605%	$942K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0818	+2.851%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0751	+2.776%	$296K	$568K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0665	+2.679%	$226.1M	$610.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0600	+2.605%	$101.9M	$107.8M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0600	+2.605%	$56.0M	$252.3M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0800	+2.831%	$288K	$619K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.0730	+2.752%	$23.4M	$59.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0700	+2.718%	$49.1M	$25.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0790	+2.820%	$13.6M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0680	+2.695%	$33.2M	$42.6M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0710	+2.729%	—	$56.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0577	+2.579%	$990K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0797	+2.828%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0903	+2.948%	$171K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1249	+3.340%	$637K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1290	+3.386%	$89K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0500	+2.492%	$58K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0488	+2.478%	$88K	$412K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0450	+2.435%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0515	+2.508%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0470	+2.458%	$22K	$755K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0584	+2.587%	$715K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0530	+2.525%	$27.3M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0713	+2.732%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0663	+2.676%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0475	+2.464%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0128%	1h	9.0753	+2.778%	$239K	$30K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0214%	1h	9.0521	+2.515%	$582K	$193K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0510	+2.503%	$10.4M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSDshort	+0.0271%	1h	9.0523	+2.517%	$5.1M	$7.3M	50x
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.0520	+2.514%	$1.1M	$5.0M	50x	as long as short
Reya UNIRUSDPERP	+0.0370%	1h	9.0444	+2.428%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0440	+2.424%	$644K	—	120x	as long as short
Hyperliquid UNI	+0.0547%	1h	9.0906	+2.951%	$98.7M	$59.4M	10x	as long as short
Lighter UNI	+0.0592%	1h	9.0885	+2.928%	$4.7M	$5.6M	15x	as long as short
Aftermath Perps UNIUSD	+0.0977%	1h	9.0945	+2.995%	$931	$47K	10x	as long as short