UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0236%/8h= +25.8% APRnext payment +$0.29 per $10,000 · paid last 24h −0.115%

Price spread now: Kraken Futures against Injective+2.434%63s7-day average −0.010% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.677%+$68 on $10k

Price spread, last 4 days (all we have)−2.269%−$227 · spread now +2.434%, 7d avg −0.010%

Together, before fees−1.592%−$159 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 2.444% dearer against Injective than usual: you sell high and buy low: +$244 more if the spread goes back to its 7-day average of −0.010%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective UNI/USDC PERP	8.8300	0.0033	pay 0.0004% / 1h	47m 48s	$660	$154K	12x
Short	Kraken Futures PF_UNIUSD	9.0449	0.0269	get 0.0034% / 1h	47m 48s	$5.0M	$8.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. 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 InjectivebpFee Kraken FuturesbpOrdersPrice spread, now +2.434%Rate

Funding earned: $49.49
Price spread: +2.434% → −0.010%: $244.4
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $283.87
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 1 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 1 min ago	2.21 bp	12.2 bp −$12	12.7 bp −$127	53.0 bp −$5,303	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	9.0407	+2.387%	$37K	—	150x	as long as short
Injective UNI/USDC PERPlong	+0.0033%	1h	8.8300	long leg	$660	$154K	12x
01 Exchange UNIUSD	+0.0064%	1h	9.0424	+2.405%	$451	$5	10x	as long as short
Lighter UNI	+0.0096%	1h	9.0540	+2.537%	$4.6M	$5.8M	15x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0397	+2.375%	$973K	$4.4M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0461	+2.447%	$97.8M	$62.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0429	+2.411%	$813K	$3.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0474	+2.462%	$294K	$605K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0366	+2.340%	$222.1M	$641.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0340	+2.310%	$101.6M	$111.4M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0350	+2.322%	$55.0M	$261.5M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0560	+2.559%	$316K	$653K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0360	+2.333%	$23.8M	$63.4M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0370	+2.344%	$47.4M	$25.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0390	+2.367%	$13.5M	$13.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0350	+2.322%	$33.3M	$45.2M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0350	+2.322%	—	$56.6M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0459	+2.445%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0039	+1.970%	$4.2M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0450	+2.435%	$171K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0380	+2.356%	$640K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0480	+2.469%	$95K	$701K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0260	+2.220%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0498	+2.489%	$86K	$431K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0380	+2.356%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0604	+2.609%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0400	+2.378%	$22K	$801K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0533	+2.529%	$726K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0430	+2.412%	$27.4M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0496	+2.487%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0325	+2.293%	$291K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0398	+2.376%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0204%	1h	9.0447	+2.431%	$579K	$207K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0216%	1h	9.0460	+2.446%	$946K	$5.8M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0280	+2.242%	$10.2M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSDshort	+0.0269%	1h	9.0449	+2.434%	$5.0M	$8.0M	50x
Reya UNIRUSDPERP	+0.0374%	1h	9.0432	+2.415%	$17K	—	20x	as long as short
dYdX UNI-USD	+0.0375%	1h	9.0485	+2.474%	$238K	$30K	10x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0387	+2.363%	$644K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0878%	1h	9.0472	+2.459%	$1K	$45K	10x	as long as short