Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0121%/8h= −13.2% APRnext payment $0.15 per $10,000 · paid last 24h +0.041%
Price spread now: Kraken Futures against Extended+0.158%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$350.351% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.122%+$12 on $10k
Price spread, last 4 days (all we have)+0.119%+$12 · spread now +0.158%, 7d avg +0.126%
Together, before fees+0.241%+ Points / potential airdropExtended: Active · farm board+$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.032% dearer against Extended than usual: you sell high and buy low (spread +0.158% now, against its 7-day average of +0.126%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 hours. Mind the row above: over the last 7 days funding on this pair paid +0.122%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended UNI-USD8.92590.0104pay 0.0013% / 1h24m 45s$293K$1.7M25x
ShortKraken Futures PF_UNIUSD8.9400−0.0017pay 0.0002% / 1h24m 45s$4.7M$8.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Extended. 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

Funding earned
−$25.39
Price spread: +0.158% → +0.126%
$3.24
Slippage, 4 orders
−$20.11
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$57.26
Costs to cover
0.351%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; Kraken Futures: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 4 min ago0.06 bp3.4 bp −$37.6 bp −$76doesn't fitdoesn't fit
Sell Kraken Futures live order book, 4 min ago2.81 bp13.2 bp −$1315.9 bp −$15939.2 bp −$3,917doesn't fit

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps UNI-USD−0.0150%1h8.9388+0.145%$107K$618K10xas long as short
01 Exchange UNIUSD−0.0024%1h8.9395+0.153%$446$510xas long as short
Kraken Futures PF_UNIUSDshort−0.0017%1h8.9400+0.158%$4.7M$8.7M50x
Deribit UNI_USDC-PERPETUAL0.0000%1h8.9406+0.166%$589K$250K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9419+0.180%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.074%$660$153K12xas long as short
Nado UNI-PERP+0.0077%1h8.9425+0.186%$741K$4.7M10xas long as short
Lighter UNI+0.0096%1h8.9416+0.176%$4.5M$5.7M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9396+0.154%$26K20xas long as short
Aster UNIUSDT+0.0100%8h8.9337+0.088%$732K$3.6M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.9450+0.214%$286K$590K10xas long as short
Binance UNIUSDT+0.0100%8h8.9300+0.046%$215.6M$658.8M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9300+0.046%$99.2M$111.7M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9310+0.058%$54.2M$266.6M50xas long as short
Arcus UNI-USD+0.0100%1h8.9490+0.259%$319K$696K10xas long as short
Gate UNI_USDT+0.0100%8h8.9330+0.080%$25.1M$66.6M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9330+0.080%$49.1M$26.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9310+0.058%$13.1M$13.4M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9290+0.035%$32.7M$45.4M75xas long as short
BingX UNI-USDC+0.0100%8h8.9290+0.035%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9358+0.111%$1.1M$2.5M10xas long as short
Variational Omni UNI+0.0100%8h8.9369+0.124%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.9114−0.162%$169K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9127−0.147%$624K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9190−0.077%$90K$710K50xas long as short
StandX UNI-USD+0.0100%1h8.9240−0.021%$15K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9320+0.069%$16K$1.9M10xas long as short
SunX UNI-USDT+0.0100%8h8.9472+0.239%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9345+0.097%$32K$886K10xas long as short
HTX UNI-USDT+0.0100%8h8.9456+0.221%$700K$4.8M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9340+0.091%$27.0M$4.5M50xas long as short
Extended UNI-USDlong+0.0104%1h8.9259long leg$293K$1.7M25x
Aevo UNI-PERP+0.0104%1h8.9370+0.125%$32K3xas long as short
Coinbase International UNI-PERP-INTX+0.0192%1h8.9520+0.293%$932K$5.5M50xas long as short
Hyperliquid UNI+0.0195%1h8.9423+0.184%$95.0M$67.5M10xas long as short
dYdX UNI-USD+0.0219%1h8.9355+0.108%$235K$31K10xas long as short
BloFin UNI-USDT+0.0220%8h8.9330+0.080%$10.0M$3.6M75xas long as short
Reya UNIRUSDPERP+0.0379%1h8.9378+0.133%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.9186−0.081%$634K120xas long as short
Aftermath Perps UNIUSD+0.0465%1h8.9294+0.039%$983$53K10xas long as short