Funding you earn now, next payment 00:00 UTC+0.0340%/8h= +37.2% APRpaid last 24h −0.012%
Price spread now: Kraken Futures against BloFin+0.118%57s7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$540.537% of the position
Funding, last 7 days−0.065%−$6 on $10k
+Price spread, last 3 days (all we have)+0.034%+$3 · spread now +0.118%, 7d avg +0.030%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Kraken Futures is 0.088% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.030%. Mind the row above: over the last 7 days funding on this pair cost −0.065%, so the current rate has only just turned in your favour. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.065% in total (about -3.4% 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 | BloFin UNI-USDT | 9.0310 | 0.0220 | pay 0.0220% / 8h | 38m 18s | $10.2M | $3.5M | 75x |
| Short | Kraken Futures PF_UNIUSD | 9.0417 | 0.0560 | get 0.0070% / 1h | 38m 18s | $5.0M | $7.0M | 50x |
BloFin UNI-USDT
Kraken Futures PF_UNIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- $71.34
- Price spread: +0.118% → +0.030%
- $8.84
- Slippage, 4 orders
- −$31.72
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $26.46
- Costs to cover
- 0.537%
- Break-even
- 4.4 days
Slippage from BloFin: live order book, 5 min ago; Kraken Futures: 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 BloFin live order book, 5 min ago | 3.32 bp | 11.2 bp −$11 | 16.4 bp −$164 | 57.0 bp −$5,703 | doesn't fit |
| Sell Kraken Futures live order book, 6 min ago | 4.43 bp | 16.1 bp −$16 | 18.6 bp −$186 | 39.6 bp −$3,963 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective UNI/USDC PERP | −0.0049% | 1h | 8.8300 | −2.226% | $660 | $155K | 12x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 9.0364 | +0.060% | $63K | — | 150x | as long as short |
| Variational Omni UNI | +0.0022% | 8h | 9.0514 | +0.226% | $4.1M | $4.4M | — | as long as short |
| dYdX UNI-USD | +0.0055% | 1h | 9.0479 | +0.187% | $251K | $6K | 10x | as long as short |
| Bybit UNIUSDT | +0.0070% | 8h | 9.0340 | +0.033% | $103.2M | $104.5M | 75x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0088% | 1h | 9.0389 | +0.088% | $582K | $176K | 50x | as long as short |
| OKX UNI-USDT-SWAP | +0.0089% | 8h | 9.0340 | +0.033% | $55.5M | $250.1M | 50x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.0485 | +0.194% | $956K | $4.2M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.0547 | +0.263% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.0512 | +0.223% | $300K | $591K | 10x | as long as short |
Injective UNI/USDC PERP
gTrade (Gains Network) UNI/USD
Variational Omni UNI
dYdX UNI-USD
Bybit UNIUSDT
Deribit UNI_USDC-PERPETUAL
OKX UNI-USDT-SWAP
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 | 9.0412 | +0.113% | $223.5M | $588.9M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 9.0540 | +0.255% | $279K | $620K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 9.0420 | +0.122% | $23.2M | $58.5M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.0460 | +0.166% | $43.5M | $23.9M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.0540 | +0.255% | $13.8M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.0320 | +0.011% | $33.0M | $42.0M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 9.0370 | +0.066% | — | $51.9M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.0399 | +0.098% | $170K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.0470 | +0.177% | $630K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.0490 | +0.199% | $89K | $712K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.0300 | −0.011% | $36K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.0561 | +0.278% | $88K | $356K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.0330 | +0.022% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.0551 | +0.267% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.0340 | +0.033% | $25K | $669K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.0405 | +0.105% | $738K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.0320 | +0.011% | $27.3M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.0474 | +0.181% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.0295 | −0.017% | $305K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.0355 | +0.050% | $32K | $1K | 3x | as long as short |
| Backpack UNI_USDC_PERP | +0.0136% | 1h | 9.0378 | +0.075% | $1.0M | $2.4M | 10x | as long as short |
| 01 Exchange UNIUSD | +0.0216% | 1h | 9.0541 | +0.256% | $452 | — | 10x | as long as short |
| BloFin UNI-USDTlong | +0.0220% | 8h | 9.0310 | long leg | $10.2M | $3.5M | 75x | |
| Coinbase International UNI-PERP-INTX | +0.0232% | 1h | 9.0440 | +0.144% | $1.1M | $5.4M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0364% | 1h | 9.0421 | +0.123% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0380% / S −0.0320% | 1h | 9.0366 | +0.062% | $570K | — | 120x | as long as short |
| Kraken Futures PF_UNIUSDshort | +0.0560% | 1h | 9.0417 | +0.118% | $5.0M | $7.0M | 50x | |
| Hyperliquid UNI | +0.0667% | 1h | 9.0563 | +0.280% | $99.6M | $58.7M | 10x | as long as short |
| Aftermath Perps UNIUSD | +0.0799% | 1h | 9.0512 | +0.224% | $1K | $49K | 10x | as long as short |
| Lighter UNI | +0.1008% | 1h | 9.0661 | +0.389% | $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-USDT
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
Backpack UNI_USDC_PERP
01 Exchange UNIUSD
Coinbase International UNI-PERP-INTX
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Aftermath Perps UNIUSD
Lighter UNI