Funding you earn now, next payment 01:00 UTC+0.0284%/8h= +31.1% APRpaid last 24h +0.026%
Price spread now: Kraken Futures against KuCoin+0.038%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$750.752% of the position
Funding, last 7 days+0.191%+$19 on $10k
+Price spread, last 3 days (all we have)+0.215%+$21 · spread now +0.038%, 7d avg +0.065%
=Funding pays, the price is against you. Kraken Futures is 0.027% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.038% now, against its 7-day average of +0.065%). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.191% in total) that is about 23 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.191% in total (about 10.0% a year). A funding rate is set anew for every payment. 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 | KuCoin UNIUSDTM | 9.1340 | 0.0100 | pay 0.0100% / 8h | 7h 32m | $13.7M | $13.5M | 75x |
| Short | Kraken Futures PF_UNIUSD | 9.1375 | 0.0384 | get 0.0048% / 1h | 32m 28s | $5.1M | $7.0M | 50x |
KuCoin UNIUSDTM
Kraken Futures PF_UNIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- $59.7
- Price spread: +0.038% → +0.065%
- −$2.68
- Slippage, 4 orders
- −$53.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$18.15
- Costs to cover
- 0.752%
- Break-even
- 9.1 days
Slippage from KuCoin: live order book, 6 min ago; Kraken Futures: live order book, 1 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 KuCoin live order book, 6 min ago | 1.08 bp | 26.1 bp −$26 | 31.6 bp −$316 | 68.9 bp −$6,885 | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 4.38 bp | 15.5 bp −$16 | 17.7 bp −$177 | 52.2 bp −$5,224 | 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 | 9.1323 | −0.019% | $38K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −3.328% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0072% | 1h | 9.1279 | −0.067% | $455 | — | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.1550 | +0.230% | $963K | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.1430 | +0.099% | $1.0M | $3.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.1351 | +0.012% | $307K | $583K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.1369 | +0.031% | $228.9M | $594.7M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.1540 | +0.219% | $103.3M | $106.9M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.1570 | +0.252% | $56.1M | $255.6M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 9.1340 | 0.000% | $272K | $616K | 10x | as long as short |
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USDShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate UNI_USDT | +0.0100% | 8h | 9.1200 | −0.153% | $23.0M | $58.8M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.1340 | 0.000% | $44.8M | $23.8M | 200x | as long as short |
| KuCoin UNIUSDTMlong | +0.0100% | 8h | 9.1340 | long leg | $13.7M | $13.5M | 75x | |
| Bitget UNIUSDT | +0.0100% | 8h | 9.1570 | +0.252% | $33.6M | $42.1M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 9.1200 | −0.153% | — | $53.7M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.1583 | +0.266% | $1.0M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.1441 | +0.110% | $4.2M | $4.4M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.1283 | −0.062% | $172K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.1100 | −0.263% | $644K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.1690 | +0.383% | $90K | $708K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.1260 | −0.088% | $36K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.1628 | +0.315% | $86K | $374K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1260 | −0.088% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.1209 | −0.143% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.1290 | −0.055% | $21K | $707K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.1480 | +0.153% | $726K | $4.4M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.1320 | −0.022% | $27.5M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.1248 | −0.101% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.1136 | −0.223% | $305K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1295 | −0.049% | $32K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0134% | 1h | 9.1313 | −0.030% | $252K | $8K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0143% | 1h | 9.1347 | +0.008% | $589K | $178K | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 9.1290 | −0.055% | $10.3M | $3.5M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0272% | 1h | 9.1440 | +0.109% | $1.1M | $4.9M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0366% | 1h | 9.1565 | +0.247% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0382% / S −0.0323% | 1h | 9.1310 | −0.032% | $579K | — | 120x | as long as short |
| Kraken Futures PF_UNIUSDshort | +0.0384% | 1h | 9.1375 | +0.038% | $5.1M | $7.0M | 50x | |
| Hyperliquid UNI | +0.0508% | 1h | 9.1706 | +0.401% | $101.0M | $60.2M | 10x | as long as short |
| Lighter UNI | +0.0880% | 1h | 9.1583 | +0.266% | $4.7M | $5.3M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0919% | 1h | 9.1413 | +0.080% | $1K | $49K | 10x | as long as short |
Gate UNI_USDT
MEXC UNI_USDT
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
Variational Omni UNI
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
Paradex UNI-USD-PERP
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
Lighter UNI
Aftermath Perps UNIUSD