UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0117%/8h= +12.8% APRnext payment +$0.15 per $10,000 · paid last 24h −0.042%

Price spread now: SoDEX against Kraken Futures+0.259%61s7-day average −0.063% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$510.507% of the position

Long on Kraken Futures Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.201%−$20 on $10k

Price spread, last 4 days (all we have)−0.335%−$34 · spread now +0.259%, 7d avg −0.063%

Together, before fees−0.536%−$54 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and SoDEX is 0.322% dearer against Kraken Futures than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.063%. Mind the row above: over the last 3 days funding on this pair cost −0.201%, so the current rate has only just turned in your favour. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_UNIUSD	8.9077	−0.0017	get 0.0002% / 1h	42m 16s	$4.7M	$8.7M	50x
Short	SoDEX UNI-USD	8.9307	0.0100	get 0.0013% / 1h	42m 16s	$32K	$887K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.259%Rate

Funding earned: $24.56
Price spread: +0.259% → −0.063%: $32.17
Slippage, 4 orders: −$32.67
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $6.07
Costs to cover: 0.507%
Break-even: 5.3 days

Slippage from Kraken Futures: live order book, 2 min ago; SoDEX: live order book, 1 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	5.60 bp	16.6 bp −$17	18.4 bp −$184	57.8 bp −$5,783	doesn't fit
Sell SoDEX live order book, 1 min ago	0.56 bp	9.4 bp −$9	27.7 bp −$277	141.6 bp −$14.2K	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	−0.0157%	1h	8.9037	−0.045%	$109K	$605K	10x	as long as short
Kraken Futures PF_UNIUSDlong	−0.0017%	1h	8.9077	long leg	$4.7M	$8.7M	50x
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9091	+0.017%	$587K	$249K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.9063	−0.015%	$52K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.872%	$660	$153K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	8.9112	+0.040%	$445	$5	10x	as long as short
Lighter UNI	+0.0096%	1h	8.9175	+0.110%	$4.5M	$5.6M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9060	−0.019%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9040	−0.041%	$767K	$4.7M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9075	−0.002%	$735K	$3.6M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.9129	+0.058%	$285K	$593K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9034	−0.048%	$215.2M	$659.4M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9020	−0.064%	$98.9M	$112.4M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9040	−0.041%	$54.1M	$265.8M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9170	+0.105%	$318K	$705K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9040	−0.041%	$24.8M	$66.4M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9050	−0.030%	$49.1M	$26.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9060	−0.019%	$13.0M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9030	−0.052%	$32.7M	$45.5M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9040	−0.041%	—	$57.3M	—	as long as short
Variational Omni UNI	+0.0100%	8h	8.9649	+0.643%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9742	+0.747%	$170K	$347K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9704	+0.704%	$627K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9740	+0.745%	$90K	$710K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9370	+0.329%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9020	−0.064%	$16K	$1.8M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9115	+0.043%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USDshort	+0.0100%	1h	8.9307	+0.259%	$32K	$887K	10x
HTX UNI-USDT	+0.0100%	8h	8.9144	+0.076%	$697K	$4.9M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9070	−0.007%	$26.9M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9000	−0.086%	$297K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9050	−0.030%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0112%	1h	8.9085	+0.009%	$235K	$31K	10x	as long as short
Backpack UNI_USDC_PERP	+0.0132%	1h	8.9100	+0.026%	$1.1M	$2.4M	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0192%	1h	8.9110	+0.037%	$931K	$5.5M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9220	+0.161%	$10.1M	$3.6M	75x	as long as short
Reya UNIRUSDPERP	+0.0378%	1h	8.9023	−0.061%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9084	+0.008%	$634K	—	120x	as long as short
Hyperliquid UNI	+0.0424%	1h	8.9133	+0.063%	$94.8M	$67.6M	10x	as long as short
Aftermath Perps UNIUSD	+0.0541%	1h	8.9613	+0.603%	$1K	$54K	10x	as long as short