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

UNI

all UNI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0406%/8h= +44.4% APRpaid last 24h −0.038%
Price spread now: edgeX against Kraken Futures−0.103%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$400.395% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.157%−$16 on $10k
Price spread, last 4 days (all we have)−0.121%−$12 · spread now −0.103%, 7d avg −0.048%
Together, before fees−0.278%+ Points / potential airdropedgeX: Active · farm board−$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.055% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of −0.048%). If the spread goes back, that is −$6 on $10k: about 11 hours of funding at the current rate (+$12 a day). Mind the row above: over the last 7 days funding on this pair cost −0.157%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.157% in total (about -8.2% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_UNIUSD8.8939−0.0306get 0.0038% / 1h4m 59s$4.7M$8.6M50x
ShortedgeX UNIUSDC8.88470.0100get 0.0050% / 4h4m 59s$168K$347K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Kraken Futures. 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
$85.18
Price spread: −0.103% → −0.048%
−$5.52
Slippage, 4 orders
−$20.52
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$40.14
Costs to cover
0.395%
Break-even
3.7 days
Slippage from Kraken Futures: live order book, 4 min ago; edgeX: live order book, 33 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 Kraken Futures live order book, 4 min ago2.25 bp12.6 bp −$1312.8 bp −$12836.4 bp −$3,637doesn't fit
Sell edgeX live order book, 33 min ago2.26 bp6.8 bp −$716.4 bp −$164doesn't fitdoesn'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
Kraken Futures PF_UNIUSDlong−0.0306%1h8.8939long leg$4.7M$8.6M50x
01 Exchange UNIUSD0.0000%1h8.9022+0.094%$444$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.8910−0.032%$76K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.718%$660$153K12xas long as short
Nado UNI-PERP+0.0039%1h8.8957+0.021%$728K$4.7M10xas long as short
Lighter UNI+0.0096%1h8.9035+0.108%$4.5M$5.7M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8832−0.120%$25K20xas long as short
Hyperliquid UNI+0.0100%1h8.8988+0.056%$94.9M$67.6M10xas long as short
Aster UNIUSDT+0.0100%8h8.8892−0.052%$722K$3.2M50xas long as short
Pacifica UNI+0.0100%1h8.8906−0.037%$287K$588K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8856−0.093%$216.2M$651.9M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8840−0.111%$98.5M$110.4M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8820−0.133%$54.4M$261.0M50xas long as short
Arcus UNI-USD+0.0100%1h8.9050+0.125%$321K$693K10xas long as short
Gate UNI_USDT+0.0100%8h8.8860−0.088%$26.2M$66.8M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8870−0.077%$47.9M$26.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8910−0.032%$12.9M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8890−0.055%$32.5M$45.3M75xas long as short
BingX UNI-USDT+0.0100%8h8.8860−0.088%$57.9Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8974+0.040%$1.1M$2.5M10xas long as short
Variational Omni UNI+0.0100%8h8.8813−0.141%$4.1M$4.1Mas long as short
edgeX UNIUSDCshort+0.0100%4h8.8847−0.103%$168K$347K20x
GRVT UNI_USDT_Perp+0.0100%8h8.8905−0.037%$624K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8910−0.032%$89K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.8900−0.043%$14K$3.5M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8951+0.014%$104K$617K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8900−0.043%$17K$2.3M10xas long as short
SunX UNI-USDT+0.0100%8h8.9025+0.097%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8885−0.060%$32K$889K10xas long as short
HTX UNI-USDT+0.0100%8h8.8957+0.021%$702K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8860−0.088%$26.8M$4.4M50xas long as short
Deribit UNI_USDC-PERPETUAL+0.0101%1h8.8949+0.012%$590K$271K50xas long as short
Extended UNI-USD+0.0104%1h8.8843−0.107%$301K$1.8M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8914−0.028%$32K3xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.9050+0.125%$926K$5.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8860−0.088%$10.0M$3.6M75xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8899−0.044%$632K120xas long as short
Reya UNIRUSDPERP+0.0381%1h8.8895−0.049%$16K20xas long as short
Aftermath Perps UNIUSD+0.0425%1h8.8950+0.013%$1K$52K10xas long as short
dYdX UNI-USD+0.0588%1h8.8908−0.034%$234K$30K10xas long as short