UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0121%/8h= +13.2% APRnext payment +$0.15 per $10,000 · paid last 24h −0.041%

Price spread now: Extended against Kraken Futures−0.131%7-day average −0.126% · you buy dearer than you sell

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$380.377% of the position

Long on Kraken Futures Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.124%−$12 on $10k

Price spread, last 4 days (all we have)−0.160%−$16 · spread now −0.131%, 7d avg −0.126%

Together, before fees−0.284%+ Points / potential airdropExtended: Active · farm board−$28 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.126%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.124%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_UNIUSD	9.0328	−0.0017	get 0.0002% / 1h	6m 32s	$4.8M	$8.6M	50x
Short	Extended UNI-USD	9.0210	0.0104	get 0.0013% / 1h	6m 32s	$302K	$1.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee ExtendedbpOrdersPrice spread, now −0.131%Rate

Funding earned: $25.33
Price spread: −0.131% → −0.126%: −$0.5
Slippage, 4 orders: −$22.7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$12.87
Costs to cover: 0.377%
Break-even: 10.6 days

Slippage from Kraken Futures: live order book, 2 min ago; Extended: live order book, 2 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 Kraken Futures live order book, 2 min ago	6.11 bp	14.8 bp −$15	22.3 bp −$223	43.8 bp −$4,376	doesn't fit
Sell Extended live order book, 2 min ago	0.44 bp	4.5 bp −$5	8.8 bp −$88	doesn't fit	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
Nado UNI-PERP	−0.0020%	1h	9.0290	−0.043%	$792K	$4.7M	10x	as long as short
Kraken Futures PF_UNIUSDlong	−0.0017%	1h	9.0328	long leg	$4.8M	$8.6M	50x
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	9.0306	−0.024%	$49K	—	150x	as long as short
01 Exchange UNIUSD	+0.0008%	1h	9.0333	+0.005%	$451	$5	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.246%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0086%	1h	9.0270	−0.065%	$104K	$557K	10x	as long as short
Lighter UNI	+0.0096%	1h	9.0239	−0.099%	$4.5M	$5.6M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0182	−0.162%	$26K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0335	+0.007%	$748K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0182	−0.162%	$290K	$592K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	9.0304	−0.027%	$219.3M	$657.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0290	−0.043%	$100.6M	$112.2M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0280	−0.054%	$54.9M	$268.5M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0320	−0.009%	$322K	$705K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0220	−0.120%	$24.9M	$66.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0210	−0.131%	$49.7M	$27.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0130	−0.220%	$13.1M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0320	−0.009%	$33.4M	$45.6M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0250	−0.087%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0278	−0.056%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9649	−0.752%	$4.1M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9766	−0.623%	$170K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9676	−0.722%	$621K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9800	−0.585%	$90K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0240	−0.098%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0340	+0.013%	$17K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0350	+0.024%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0275	−0.059%	$32K	$881K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0400	+0.079%	$709K	$4.9M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0270	−0.065%	$27.3M	$4.5M	50x	as long as short
Extended UNI-USDshort	+0.0104%	1h	9.0210	−0.131%	$302K	$1.7M	25x
Aevo UNI-PERP	+0.0104%	1h	9.0341	+0.014%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0147%	1h	9.0194	−0.149%	$237K	$31K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0184%	1h	9.0380	+0.057%	$945K	$5.7M	50x	as long as short
Hyperliquid UNI	+0.0214%	1h	9.0243	−0.095%	$96.5M	$66.3M	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0250	−0.087%	$10.1M	$3.7M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0238%	1h	9.0381	+0.058%	$592K	$242K	50x	as long as short
Reya UNIRUSDPERP	+0.0377%	1h	9.0282	−0.051%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	9.0304	−0.027%	$641K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0462%	1h	8.9885	−0.491%	$950	$54K	10x	as long as short