Funding you earn now, next payment 23:00 UTC−0.0306%/8h= −33.5% APRnext payment −$0.38 per $10,000 · paid last 24h +0.152%
Price spread now: Injective against Kraken Futures−1.122%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.654%−$65 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Injective is 1.122% cheaper against Kraken Futures than usual: you would sell low and buy high (−$112 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| 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 | 9m 08s | $5.0M | $7.0M | 50x |
| Short | Injective UNI/USDC PERP | 8.8300 | 0.0033 | get 0.0004% / 1h | 9m 08s | $660 | $155K | 12x |
Kraken Futures PF_UNIUSD
Injective UNI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$64.19
- Price spread: −1.122% → 0.000%
- −$112.23
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$186.43
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 5 min ago; Injective: no order-book sample. 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 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 Injective no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| 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 | +0.0013% | 8h | 8.9240 | −0.070% | $101.9M | $104.8M | 75x | as long as short |
| Injective UNI/USDC PERPshort | +0.0033% | 1h | 8.8300 | −1.122% | $660 | $155K | 12x | |
| OKX UNI-USDT-SWAP | +0.0056% | 8h | 8.9260 | −0.047% | $55.2M | $246.6M | 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 | 8.9219 | −0.093% | $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 | 8.9346 | +0.049% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9238 | −0.072% | $297K | $584K | 10x | as long as short |
Variational Omni UNI
gTrade (Gains Network) UNI/USD
Bybit UNIUSDT
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 | 8.9260 | −0.047% | $219.6M | $590.5M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9320 | +0.020% | $275K | $621K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9260 | −0.047% | $23.0M | $58.9M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9260 | −0.047% | $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 | 8.9250 | −0.058% | — | $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-USD | +0.0104% | 1h | 8.9242 | −0.068% | $302K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9299 | −0.003% | $32K | $1K | 3x | as long as short |
| dYdX UNI-USD | +0.0115% | 1h | 8.9240 | −0.070% | $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 | +0.0429% | 1h | 8.9427 | +0.140% | $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 | 8.9424 | +0.136% | $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
Extended UNI-USD
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