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+0.0409%/8h= +44.8% APRnext payment +$0.51 per $10,000 · paid last 24h −0.036%
Price spread now: Extended against Kraken Futures−0.105%7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$350.347% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.121%−$12 on $10k
Price spread, last 4 days (all we have)−0.113%−$11 · spread now −0.105%, 7d avg −0.124%
Together, before fees−0.234%+ Points / potential airdropExtended: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.124%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.121%, 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 -0.121% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.51 per $10,000. 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_UNIUSD8.8984−0.0305get 0.0038% / 1h12m 17s$4.7M$8.6M50x
ShortExtended UNI-USD8.88910.0104get 0.0013% / 1h12m 17s$291K$1.8M25x

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

Funding earned
$85.99
Price spread: −0.105% → −0.124%
$1.96
Slippage, 4 orders
−$19.71
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$53.25
Costs to cover
0.347%
Break-even
2.7 days
Slippage from Kraken Futures: live order book, 2 min ago; Extended: live order book, 1 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, 2 min ago2.82 bp12.1 bp −$1215.9 bp −$15944.8 bp −$4,481doesn't fit
Sell Extended live order book, 1 min ago0.06 bp5.2 bp −$59.9 bp −$99doesn'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−0.0305%1h8.8984long leg$4.7M$8.6M50x
01 Exchange UNIUSD0.0000%1h8.8968−0.018%$444$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.8958−0.029%$76K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.769%$660$153K12xas long as short
Nado UNI-PERP+0.0043%1h8.8905−0.089%$728K$4.7M10xas long as short
Polymarket Perps UNI-USD+0.0093%1h8.8920−0.072%$104K$616K10xas long as short
Lighter UNI+0.0096%1h8.9069+0.096%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8940−0.049%$25K20xas long as short
Hyperliquid UNI+0.0100%1h8.9037+0.060%$94.9M$67.7M10xas long as short
Aster UNIUSDT+0.0100%8h8.8985+0.002%$723K$3.3M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.8980−0.004%$288K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.8912−0.081%$216.2M$652.4M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8890−0.106%$98.5M$110.5M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8900−0.094%$54.4M$261.7M50xas long as short
Arcus UNI-USD+0.0100%1h8.9020+0.040%$318K$690K10xas long as short
Gate UNI_USDT+0.0100%8h8.8920−0.072%$26.3M$66.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8930−0.061%$48.1M$26.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8950−0.038%$13.0M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8920−0.072%$32.5M$45.2M75xas long as short
BingX UNI-USDC+0.0100%8h8.8910−0.083%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8950−0.038%$1.1M$2.5M10xas long as short
Variational Omni UNI+0.0100%8h8.8681−0.340%$4.1M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h8.8783−0.226%$168K$348K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8888−0.108%$617K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8820−0.184%$89K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.8860−0.139%$14K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8910−0.083%$16K$2.2M10xas long as short
SunX UNI-USDT+0.0100%8h8.8968−0.018%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8923−0.069%$32K$886K10xas long as short
HTX UNI-USDT+0.0100%8h8.8869−0.129%$701K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8890−0.106%$26.8M$4.4M50xas long as short
Extended UNI-USDshort+0.0104%1h8.8891−0.105%$291K$1.8M25x
Aevo UNI-PERP+0.0104%1h8.8935−0.055%$32K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0104%1h8.8993+0.010%$590K$270K50xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.9040+0.063%$927K$5.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8860−0.139%$10.0M$3.6M75xas long as short
Aftermath Perps UNIUSD+0.0378%1h8.8803−0.203%$1K$52K10xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8945−0.044%$633K120xas long as short
Reya UNIRUSDPERP+0.0381%1h8.8902−0.092%$16K20xas long as short
dYdX UNI-USD+0.0569%1h8.8994+0.011%$234K$30K10xas long as short