UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.039%

Price spread now: Pacifica against Kraken Futures−0.045%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$450.454% of the position

Long on Kraken Futures Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.157%−$16 on $10k

Price spread, last 4 days (all we have)−0.213%−$21 · spread now −0.045%, 7d avg −0.041%

Together, before fees−0.369%+ Points / potential airdropPacifica: Active · farm board−$37 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_UNIUSD	9.0741	0.0270	pay 0.0034% / 1h	2m 07s	$5.0M	$8.0M	50x
Short	Pacifica UNI	9.0700	0.0100	get 0.0013% / 1h	2m 07s	$293K	$600K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.045%Rate

Funding earned: −$35.6
Price spread: −0.045% → −0.041%: −$0.43
Slippage, 4 orders: −$27.44
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$81.47
Costs to cover: 0.454%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 2 min ago; Pacifica: live order book, 57 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, 2 min ago	3.85 bp	11.5 bp −$12	12.9 bp −$129	44.4 bp −$4,440	doesn't fit
Sell Pacifica live order book, 57 min ago	1.10 bp	9.4 bp −$9	doesn't fit	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	9.0687	−0.059%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.690%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.0693	−0.053%	$453	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0625	−0.128%	$963K	$4.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0712	−0.032%	$817K	$3.5M	50x	as long as short
Pacifica UNIshort	+0.0100%	1h	9.0700	−0.045%	$293K	$600K	10x
Binance UNIUSDT	+0.0100%	8h	9.0700	−0.045%	$222.7M	$639.4M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0660	−0.089%	$101.8M	$111.2M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0660	−0.089%	$55.2M	$261.9M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0790	+0.054%	$314K	$650K	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	9.0680	−0.067%	$23.6M	$64.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0710	−0.034%	$47.8M	$25.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0670	−0.078%	$13.6M	$13.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0640	−0.111%	$33.5M	$45.0M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0670	−0.078%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0748	+0.008%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0449	−0.321%	$4.2M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0520	−0.244%	$171K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0530	−0.232%	$641K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0580	−0.177%	$95K	$702K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0820	+0.087%	$16K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0664	−0.085%	$86K	$430K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0690	−0.056%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0725	−0.017%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0700	−0.045%	$22K	$792K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0775	+0.038%	$725K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0710	−0.034%	$27.4M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0655	−0.094%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0655	−0.095%	$293K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0701	−0.044%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0115%	1h	9.0750	+0.010%	$581K	$207K	50x	as long as short
dYdX UNI-USD	+0.0184%	1h	9.0683	−0.064%	$239K	$30K	10x	as long as short
Lighter UNI	+0.0200%	1h	9.0832	+0.101%	$4.6M	$5.9M	15x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0840	+0.109%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.0780	+0.043%	$951K	$5.9M	50x	as long as short
Kraken Futures PF_UNIUSDlong	+0.0270%	1h	9.0741	long leg	$5.0M	$8.0M	50x
Hyperliquid UNI	+0.0304%	1h	9.0768	+0.030%	$98.3M	$62.4M	10x	as long as short
Reya UNIRUSDPERP	+0.0373%	1h	9.0637	−0.114%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0680	−0.067%	$645K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0919%	1h	9.0713	−0.030%	$875	$46K	10x	as long as short