UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0289%/8h= +31.6% APRnext payment +$0.36 per $10,000 · paid last 24h +0.020%

Price spread now: Kraken Futures against Nado+0.354%7-day average +0.098% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$400.400% of the position

Long on Nado Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.187%+$19 on $10k

Price spread, last 3 days (all we have)−0.093%−$9 · spread now +0.354%, 7d avg +0.098%

Together, before fees+0.094%+ Points / potential airdropNado: Active · farm board+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Kraken Futures is 0.256% dearer against Nado than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.098%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado UNI-PERP	9.0007	0.0100	pay 0.0012% / 1h	56m 07s	$950K	$4.2M	10x
Short	Kraken Futures PF_UNIUSD	9.0326	0.0389	get 0.0049% / 1h	56m 07s	$5.0M	$7.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Nado. 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 NadobpFee Kraken FuturesbpOrdersPrice spread, now +0.354%Rate

Funding earned: $60.64
Price spread: +0.354% → +0.098%: $25.59
Slippage, 4 orders: −$22.98
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $46.25
Costs to cover: 0.400%
Break-even: 1.7 days

Slippage from Nado: live order book, 3 min ago; Kraken Futures: live order book, 3 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 Nado live order book, 3 min ago	0.06 bp	4.8 bp −$5	13.5 bp −$135	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 3 min ago	4.45 bp	12.6 bp −$13	14.0 bp −$140	48.3 bp −$4,826	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
01 Exchange UNIUSD	−0.0008%	1h	9.0071	+0.071%	$449	—	10x	as long as short
dYdX UNI-USD	0.0000%	1h	9.0086	+0.087%	$249K	$6K	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0105	+0.108%	$62K	—	150x	as long as short
Gate UNI_USDT	+0.0022%	8h	9.0280	+0.303%	$23.0M	$57.3M	75x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.897%	$660	$154K	12x	as long as short
OKX UNI-USDT-SWAP	+0.0085%	8h	9.0280	+0.303%	$55.2M	$250.5M	50x	as long as short
Variational Omni UNI	+0.0099%	8h	9.0013	+0.006%	$4.1M	$4.4M	—	as long as short
Nado UNI-PERPlong	+0.0100%	1h	9.0007	long leg	$950K	$4.2M	10x
Aster UNIUSDT	+0.0100%	8h	9.0272	+0.293%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0110	+0.114%	$300K	$591K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	9.0301	+0.326%	$223.5M	$592.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0290	+0.314%	$101.9M	$106.1M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0130	+0.136%	$271K	$614K	10x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0270	+0.292%	$44.2M	$23.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0280	+0.303%	$13.7M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0260	+0.281%	$33.1M	$42.2M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0250	+0.269%	—	$52.1M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0306	+0.332%	$1.1M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9877	−0.145%	$169K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0010	+0.003%	$626K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0080	+0.081%	$88K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0150	+0.158%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0095	+0.097%	$86K	$373K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0160	+0.169%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0092	+0.094%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0257	+0.277%	$21K	$680K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0400	+0.436%	$725K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0260	+0.281%	$27.2M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0003	−0.005%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0193	+0.206%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0128	+0.134%	$32K	—	3x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0140	+0.147%	$10.0M	$3.5M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0268%	1h	9.0242	+0.261%	$581K	$178K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.0220	+0.236%	$1.1M	$5.4M	50x	as long as short
Hyperliquid UNI	+0.0351%	1h	9.0399	+0.435%	$99.0M	$59.8M	10x	as long as short
Reya UNIRUSDPERP	+0.0365%	1h	9.0044	+0.041%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	9.0104	+0.107%	$571K	—	120x	as long as short
Kraken Futures PF_UNIUSDshort	+0.0389%	1h	9.0326	+0.354%	$5.0M	$7.0M	50x
Lighter UNI	+0.0688%	1h	9.0437	+0.477%	$4.6M	$5.2M	15x	as long as short
Aftermath Perps UNIUSD	+0.0860%	1h	8.9996	−0.013%	$1K	$49K	10x	as long as short