UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0079%/8h= +8.7% APRnext payment +$0.10 per $10,000 · paid last 24h −0.043%

Price spread now: Nado against Kraken Futures−0.057%7-day average −0.100% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$410.413% of the position

Long on Kraken Futures Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.207%−$21 on $10k

Price spread, last 4 days (all we have)−0.195%−$20 · spread now −0.057%, 7d avg −0.100%

Together, before fees−0.402%+ Points / potential airdropNado: Active · farm board−$40 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Nado is 0.043% dearer against Kraken Futures than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.100%. Mind the row above: over the last 3 days funding on this pair cost −0.207%, 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	8.9201	−0.0017	get 0.0002% / 1h	18m 32s	$4.7M	$8.6M	50x
Short	Nado UNI-PERP	8.9150	0.0062	get 0.0008% / 1h	18m 32s	$740K	$4.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.057%Rate

Funding earned: $16.64
Price spread: −0.057% → −0.100%: $4.26
Slippage, 4 orders: −$24.31
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$20.41
Costs to cover: 0.413%
Break-even: 15.6 days

Slippage from Kraken Futures: live order book, 5 min ago; Nado: live order book, 5 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, 5 min ago	2.24 bp	13.9 bp −$14	25.7 bp −$257	121.7 bp −$12.2K	doesn't fit
Sell Nado live order book, 5 min ago	0.45 bp	6.4 bp −$6	14.2 bp −$142	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
Polymarket Perps UNI-USD	−0.0121%	1h	8.9170	−0.035%	$107K	$618K	10x	as long as short
Kraken Futures PF_UNIUSDlong	−0.0017%	1h	8.9201	long leg	$4.7M	$8.6M	50x
01 Exchange UNIUSD	−0.0016%	1h	8.9143	−0.065%	$445	$5	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9205	+0.005%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.010%	$660	$153K	12x	as long as short
Nado UNI-PERPshort	+0.0062%	1h	8.9150	−0.057%	$740K	$4.7M	10x
Lighter UNI	+0.0096%	1h	8.9265	+0.072%	$4.5M	$5.7M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9127	−0.083%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9174	−0.031%	$731K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9171	−0.033%	$285K	$590K	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	8.9130	−0.080%	$215.3M	$658.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9130	−0.080%	$99.0M	$111.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9150	−0.057%	$54.1M	$265.5M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9210	+0.010%	$318K	$695K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9150	−0.057%	$25.2M	$66.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9150	−0.057%	$49.0M	$26.6M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9180	−0.024%	$13.1M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9140	−0.069%	$32.6M	$45.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9140	−0.069%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9204	+0.003%	$1.1M	$2.5M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9139	−0.069%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9258	+0.064%	$169K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9241	+0.045%	$624K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9210	+0.010%	$90K	$710K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9210	+0.010%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9130	−0.080%	$16K	$1.9M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9198	−0.004%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9145	−0.063%	$32K	$887K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9204	+0.003%	$698K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9180	−0.024%	$26.9M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9123	−0.088%	$293K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9135	−0.074%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0120%	1h	8.9192	−0.011%	$588K	$250K	50x	as long as short
Hyperliquid UNI	+0.0189%	1h	8.9262	+0.068%	$94.9M	$67.5M	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0192%	1h	8.9200	−0.001%	$929K	$5.5M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9170	−0.035%	$10.0M	$3.6M	75x	as long as short
dYdX UNI-USD	+0.0284%	1h	8.9144	−0.064%	$235K	$31K	10x	as long as short
Reya UNIRUSDPERP	+0.0379%	1h	8.9170	−0.035%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9159	−0.047%	$635K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0495%	1h	8.9262	+0.068%	$1K	$53K	10x	as long as short