UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0284%/8h= −31.1% APRnext payment −$0.35 per $10,000 · paid last 24h −0.026%

Price spread now: Nado against Kraken Futures−0.272%7-day average −0.100% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$430.435% of the position

Long on Kraken Futures Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.193%−$19 on $10k

Price spread, last 3 days (all we have)+0.019%+$2 · spread now −0.272%, 7d avg −0.100%

Together, before fees−0.174%+ Points / potential airdropNado: Active · farm board−$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Nado is 0.171% cheaper against Kraken Futures than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.100%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_UNIUSD	9.1486	0.0384	pay 0.0048% / 1h	7m 52s	$5.1M	$7.0M	50x
Short	Nado UNI-PERP	9.1237	0.0100	get 0.0012% / 1h	7m 52s	$980K	$4.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 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 Kraken FuturesbpFee NadobpOrdersPrice spread, now −0.272%Rate

Funding earned: −$59.6
Price spread: −0.272% → −0.100%: −$17.14
Slippage, 4 orders: −$26.47
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$120.21
Costs to cover: 0.435%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 6 min ago; Nado: live order book, 6 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, 6 min ago	5.46 bp	20.1 bp −$20	21.9 bp −$219	40.2 bp −$4,018	doesn't fit
Sell Nado live order book, 6 min ago	0.05 bp	6.6 bp −$7	14.7 bp −$147	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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.1361	−0.137%	$38K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.483%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0088%	1h	9.1235	−0.274%	$455	—	10x	as long as short
Nado UNI-PERPshort	+0.0100%	1h	9.1237	−0.272%	$980K	$4.3M	10x
Aster UNIUSDT	+0.0100%	8h	9.1402	−0.092%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1267	−0.239%	$302K	$586K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1333	−0.167%	$231.7M	$601.1M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1330	−0.171%	$103.0M	$107.9M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1320	−0.182%	$56.3M	$254.9M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1260	−0.247%	$282K	$617K	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	9.1320	−0.182%	$23.3M	$60.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1330	−0.171%	$47.1M	$24.7M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1310	−0.192%	$13.6M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1320	−0.182%	$33.7M	$42.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1330	−0.171%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1373	−0.124%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1470	−0.018%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1505	+0.020%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1708	+0.242%	$639K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1490	+0.004%	$89K	$707K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1540	+0.059%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1364	−0.133%	$85K	$388K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1320	−0.182%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1445	−0.045%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1418	−0.074%	$22K	$713K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1568	+0.090%	$724K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1500	+0.015%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1125	−0.395%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1274	−0.231%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1386	−0.109%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0198%	1h	9.1345	−0.154%	$245K	$24K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1550	+0.070%	$10.5M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1500	+0.015%	$1.1M	$4.8M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0280%	1h	9.1411	−0.082%	$591K	$186K	50x	as long as short
Reya UNIRUSDPERP	+0.0367%	1h	9.1318	−0.184%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	9.1371	−0.126%	$577K	—	120x	as long as short
Kraken Futures PF_UNIUSDlong	+0.0384%	1h	9.1486	long leg	$5.1M	$7.0M	50x
Hyperliquid UNI	+0.0540%	1h	9.1429	−0.062%	$100.8M	$58.3M	10x	as long as short
Lighter UNI	+0.0976%	1h	9.1663	+0.193%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.1048%	1h	9.1661	+0.191%	$925	$49K	10x	as long as short