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

UNI

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC+0.0464%/8h= +50.8% APRpaid last 24h +0.020%
Price spread now: Kraken Futures against Bitget+0.122%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$510.510% of the position
Long on BitgetShort on Kraken Futures
What this pair did over the last
the charts below follow
Funding, last 7 days+0.191%+$19 on $10k
Price spread, last 3 days (all we have)+0.220%+$22 · spread now +0.122%, 7d avg +0.087%
Together, before fees+0.411%+$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Kraken Futures is 0.035% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.087%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.191% in total (about 9.9% 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
LongBitget UNIUSDT8.96900.0100pay 0.0100% / 8h24m 16s$32.8M$42.1M75x
ShortKraken Futures PF_UNIUSD8.97990.0564get 0.0070% / 1h24m 16s$5.0M$7.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. 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
$97.35
Price spread: +0.122% → +0.087%
$3.49
Slippage, 4 orders
−$29.02
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$49.82
Costs to cover
0.510%
Break-even
3.4 days
Slippage from Bitget: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago1.67 bp10.0 bp −$1015.7 bp −$15739.7 bp −$3,972doesn't fit
Sell Kraken Futures live order book, 5 min ago3.33 bp15.6 bp −$1618.9 bp −$18944.7 bp −$4,469doesn'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
Injective UNI/USDC PERP−0.0049%1h8.8300−1.550%$660$155K12xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9754+0.071%$62K—150xas long as short
Deribit UNI_USDC-PERPETUAL+0.0029%1h8.9765+0.084%$578K$176K50xas long as short
Variational Omni UNI+0.0051%8h8.9935+0.273%$4.1M$4.4M—as long as short
Bybit UNIUSDT+0.0091%8h8.9730+0.045%$101.8M$105.0M75xas long as short
OKX UNI-USDT-SWAP+0.0091%8h8.9700+0.011%$54.9M$248.8M50xas long as short
Nado UNI-PERP+0.0100%1h8.9765+0.084%$953K$4.2M10xas long as short
Aster UNIUSDT+0.0100%8h8.9790+0.111%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9755+0.073%$297K$593K10xas long as short
Binance UNIUSDT+0.0100%8h8.9760+0.078%$222.1M$590.2M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h8.9840+0.167%$265K$632K10xas long as short
Gate UNI_USDT+0.0100%8h8.9730+0.045%$22.9M$58.8M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9760+0.078%$43.6M$24.0M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9770+0.089%$13.6M$13.5M75xas long as short
Bitget UNIUSDTlong+0.0100%8h8.9690long leg$32.8M$42.1M75x
BingX UNI-USDT+0.0100%8h8.9730+0.045%—$52.0M—as long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9780+0.100%$1.0M$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h8.9917+0.254%$169K$342K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0060+0.413%$632K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9950+0.290%$88K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.9880+0.212%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9766+0.085%$85K$363K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9730+0.045%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9840+0.167%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9728+0.042%$21K$676K10xas long as short
HTX UNI-USDT+0.0100%8h8.9915+0.251%$717K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9730+0.045%$27.1M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9739+0.054%$26K—20xas long as short
Extended UNI-USD+0.0104%1h8.9677−0.015%$303K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9743+0.060%$32K$1K3xas long as short
dYdX UNI-USD+0.0174%1h8.9788+0.110%$249K$6K10xas long as short
01 Exchange UNIUSD+0.0176%1h8.9806+0.129%$448—10xas long as short
BloFin UNI-USDT+0.0220%8h8.9730+0.045%$10.0M$3.5M75xas long as short
Coinbase International UNI-PERP-INTX+0.0232%1h8.9860+0.190%$1.1M$5.4M50xas long as short
Reya UNIRUSDPERP+0.0364%1h8.9719+0.032%$16K—20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0382% / S −0.0323%1h8.9747+0.064%$568K—120xas long as short
Hyperliquid UNI+0.0516%1h8.9854+0.183%$98.5M$59.0M10xas long as short
Kraken Futures PF_UNIUSDshort+0.0564%1h8.9799+0.122%$5.0M$7.0M50x
Aftermath Perps UNIUSD+0.0808%1h8.9951+0.291%$1K$49K10xas long as short
Lighter UNI+0.0880%1h8.9942+0.281%$4.6M$5.2M15xas long as short