Funding you earn now, next payment 00:00 UTC+0.0459%/8h= +50.3% APRpaid last 24h +0.020%
Price spread now: Kraken Futures against edgeX−1.217%76s7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as 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−$450.452% of the position
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 3 days (all we have)+1.584%+$158 · spread now −1.217%, 7d avg +0.054%
=Together, before fees+1.698%+ Points / potential airdropedgeX: Active · farm board+$170 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 1.272% cheaper against edgeX than usual: you would sell low and buy high (spread −1.217% now, against its 7-day average of +0.054%). If the spread goes back, that is −$127 on $10k: about 9.2 days of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.114% in total) that is about 3 months. The two prices were read 76 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 0.114% in total (about 6.0% 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 | edgeX UNIUSDC | 9.1605 | 0.0100 | pay 0.0050% / 4h | 43m 53s | $172K | $344K | 20x |
| Short | Kraken Futures PF_UNIUSD | 9.0490 | 0.0559 | get 0.0070% / 1h | 43m 53s | $5.0M | $7.0M | 50x |
edgeX UNIUSDC
Kraken Futures PF_UNIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against edgeX. 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
- $96.45
- Price spread: −1.217% → +0.054%
- −$127.17
- Slippage, 4 orders
- −$26.21
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$75.94
- Costs to cover
- 0.452%
- Break-even
- 12.5 days
Slippage from edgeX: live order book, 34 min ago; Kraken Futures: live order book, 5 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 edgeX live order book, 34 min ago | 2.25 bp | 7.1 bp −$7 | 17.5 bp −$175 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 3.83 bp | 16.5 bp −$17 | 18.4 bp −$184 | 34.0 bp −$3,402 | 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 | −3.608% | $660 | $155K | 12x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 9.0364 | −1.355% | $63K | — | 150x | as long as short |
| Variational Omni UNI | +0.0015% | 8h | 9.0614 | −1.082% | $4.1M | $4.4M | — | as long as short |
| Bybit UNIUSDT | +0.0059% | 8h | 9.0400 | −1.315% | $103.2M | $104.4M | 75x | as long as short |
| dYdX UNI-USD | +0.0077% | 1h | 9.0470 | −1.239% | $251K | $6K | 10x | as long as short |
| OKX UNI-USDT-SWAP | +0.0086% | 8h | 9.0390 | −1.326% | $55.5M | $250.1M | 50x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.0405 | −1.310% | $957K | $4.2M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.0533 | −1.170% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.0436 | −1.276% | $300K | $586K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.0430 | −1.283% | $223.8M | $588.8M | 75x | as long as short |
Injective UNI/USDC PERP
gTrade (Gains Network) UNI/USD
Variational Omni UNI
Bybit UNIUSDT
dYdX UNI-USD
OKX UNI-USDT-SWAP
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus UNI-USD | +0.0100% | 1h | 9.0450 | −1.261% | $279K | $620K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 9.0430 | −1.283% | $23.2M | $58.3M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.0510 | −1.195% | $43.6M | $23.9M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.0510 | −1.195% | $13.7M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.0460 | −1.250% | $32.9M | $41.9M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 9.0410 | −1.305% | — | $51.9M | — | as long as short |
| edgeX UNIUSDClong | +0.0100% | 4h | 9.1605 | long leg | $172K | $344K | 20x | |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.1401 | −0.223% | $646K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.0750 | −0.933% | $89K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.0500 | −1.206% | $36K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.0427 | −1.286% | $88K | $356K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.0370 | −1.348% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.0409 | −1.306% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.0395 | −1.321% | $25K | $669K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.0645 | −1.048% | $738K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.0470 | −1.239% | $27.3M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.0311 | −1.413% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.0445 | −1.267% | $313K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.0401 | −1.314% | $32K | $1K | 3x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0129% | 1h | 9.0431 | −1.282% | $582K | $175K | 50x | as long as short |
| Backpack UNI_USDC_PERP | +0.0172% | 1h | 9.0556 | −1.145% | $1.0M | $2.4M | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 9.0470 | −1.239% | $10.0M | $3.5M | 75x | as long as short |
| 01 Exchange UNIUSD | +0.0232% | 1h | 9.0445 | −1.266% | $451 | — | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0232% | 1h | 9.0510 | −1.195% | $1.1M | $5.4M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0363% | 1h | 9.0365 | −1.354% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0380% / S −0.0320% | 1h | 9.0345 | −1.376% | $568K | — | 120x | as long as short |
| Kraken Futures PF_UNIUSDshort | +0.0559% | 1h | 9.0490 | −1.217% | $5.0M | $7.0M | 50x | |
| Hyperliquid UNI | +0.0779% | 1h | 9.0618 | −1.077% | $99.8M | $59.1M | 10x | as long as short |
| Aftermath Perps UNIUSD | +0.0788% | 1h | 9.0670 | −1.021% | $1K | $49K | 10x | as long as short |
| Lighter UNI | +0.1040% | 1h | 9.0617 | −1.079% | $4.6M | $5.2M | 15x | as long as short |
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
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
Deribit UNI_USDC-PERPETUAL
Backpack UNI_USDC_PERP
BloFin UNI-USDT
01 Exchange UNIUSD
Coinbase International UNI-PERP-INTX
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Aftermath Perps UNIUSD
Lighter UNI