Funding you earn now, next payment 23:00 UTC−0.0235%/8h= −25.7% APRnext payment −$0.29 per $10,000 · paid last 24h −0.020%
Price spread now: Extended against Kraken Futures−0.079%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$380.384% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 3 days (all we have)−0.255%−$26 · spread now −0.079%, 7d avg −0.128%
=Together, before fees−0.328%+ Points / potential airdropExtended: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.049% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.079% now, against its 7-day average of −0.128%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.073% in total) that is about 4.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_UNIUSD | 8.9302 | 0.0339 | pay 0.0042% / 1h | 8m 34s | $5.0M | $7.0M | 50x |
| Short | Extended UNI-USD | 8.9232 | 0.0104 | get 0.0013% / 1h | 8m 34s | $302K | $1.5M | 25x |
Kraken Futures PF_UNIUSD
Extended UNI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Kraken Futures. 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
- −$49.35
- Price spread: −0.079% → −0.128%
- $4.92
- Slippage, 4 orders
- −$23.36
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$82.79
- Costs to cover
- 0.384%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; Extended: live order book, 5 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 Kraken Futures live order book, 5 min ago | 2.25 bp | 17.1 bp −$17 | 22.1 bp −$221 | 44.1 bp −$4,406 | doesn't fit |
| Sell Extended live order book, 5 min ago | 2.69 bp | 5.3 bp −$5 | 8.4 bp −$84 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0038% | 8h | 8.9363 | +0.068% | $4.0M | $4.6M | — | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.9276 | −0.029% | $62K | — | 150x | as long as short |
| Bybit UNIUSDT | +0.0015% | 8h | 8.9270 | −0.036% | $101.9M | $104.8M | 75x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −1.122% | $660 | $155K | 12x | as long as short |
| OKX UNI-USDT-SWAP | +0.0056% | 8h | 8.9290 | −0.014% | $55.2M | $246.7M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0080% | 1h | 8.9334 | +0.036% | $446 | — | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9265 | −0.042% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9250 | −0.058% | $943K | $4.1M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9365 | +0.071% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9302 | −0.001% | $297K | $584K | 10x | as long as short |
Variational Omni UNI
gTrade (Gains Network) UNI/USD
Bybit UNIUSDT
Injective UNI/USDC PERP
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.9290 | −0.014% | $219.7M | $590.5M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9380 | +0.087% | $275K | $621K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9300 | −0.002% | $23.0M | $59.0M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9280 | −0.025% | $43.1M | $24.6M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9270 | −0.036% | $13.6M | $13.8M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9250 | −0.058% | $32.4M | $41.3M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.9290 | −0.014% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9313 | +0.012% | $992K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9326 | +0.027% | $168K | $343K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9094 | −0.233% | $628K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9000 | −0.338% | $88K | $712K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9140 | −0.182% | $106K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9308 | +0.006% | $87K | $356K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9290 | −0.014% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9303 | +0.001% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9280 | −0.025% | $25K | $666K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9233 | −0.078% | $730K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9240 | −0.070% | $26.9M | $4.4M | 50x | as long as short |
| Extended UNI-USDshort | +0.0104% | 1h | 8.9232 | −0.079% | $302K | $1.5M | 25x | |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9299 | −0.003% | $32K | $1K | 3x | as long as short |
| dYdX UNI-USD | +0.0117% | 1h | 8.9287 | −0.016% | $247K | $6K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0170% | 1h | 8.9331 | +0.033% | $568K | $157K | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9230 | −0.081% | $9.9M | $3.4M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0224% | 1h | 8.9320 | +0.020% | $1.1M | $5.3M | 50x | as long as short |
| Kraken Futures PF_UNIUSDlong | +0.0339% | 1h | 8.9302 | long leg | $5.0M | $7.0M | 50x | |
| Reya UNIRUSDPERP | +0.0363% | 1h | 8.9270 | −0.036% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0379% / S −0.0319% | 1h | 8.9276 | −0.029% | $559K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0431% | 1h | 8.9421 | +0.133% | $98.5M | $59.3M | 10x | as long as short |
| Aftermath Perps UNIUSD | +0.0650% | 1h | 8.9213 | −0.100% | $1K | $49K | 10x | as long as short |
| Lighter UNI | +0.0656% | 1h | 8.9466 | +0.183% | $4.6M | $5.2M | 15x | as long as short |
Binance UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Aevo UNI-PERP
dYdX UNI-USD
Deribit UNI_USDC-PERPETUAL
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Aftermath Perps UNIUSD
Lighter UNI