Funding you earn now, next payment 22:00 UTC+0.0260%/8h= +28.4% APRnext payment +$0.32 per $10,000 · paid last 24h +0.070%
Price spread now: Reya against Arcus+0.290%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Reya is 0.290% dearer against Arcus than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus UNI-USD | 8.8890 | 0.0100 | pay 0.0013% / 1h | 30m 44s | $274K | $612K | 10x |
| Short | Reya UNIRUSDPERP | 8.9148 | 0.0360 | get 0.0045% / 1h | 30m 44s | $16K | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Arcus. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $54.54
- Price spread: +0.290% → 0.000%
- $29.05
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $73.09
- Costs to cover
- 0.105%
- Break-even
- from the start
Slippage unknown: Arcus: live order book, 58 min ago; Reya: no order-book sample. Net counts fees only.
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 Arcus live order book, 58 min ago | 5.65 bp | 9.0 bp −$9 | 13.8 bp −$138 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0185% | 8h | 8.8292 | −0.673% | $3.9M | $4.6M | — | as long as short |
| Bybit UNIUSDT | −0.0147% | 8h | 8.9090 | +0.225% | $101.7M | $105.6M | 75x | as long as short |
| 01 Exchange UNIUSD | 0.0000% | 1h | 8.9136 | +0.277% | $445 | — | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.9065 | +0.197% | $563K | $136K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.9030 | +0.158% | $80K | — | 150x | as long as short |
| OKX UNI-USDT-SWAP | +0.0014% | 8h | 8.9090 | +0.225% | $54.8M | $247.8M | 50x | as long as short |
| dYdX UNI-USD | +0.0093% | 1h | 8.8781 | −0.122% | $246K | $5K | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8776 | −0.128% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9110 | +0.247% | $849K | $3.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9200 | +0.349% | $1.0M | $3.4M | 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 | 8.8806 | −0.094% | $297K | $561K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9120 | +0.259% | $218.0M | $594.6M | 75x | as long as short |
| Arcus UNI-USDlong | +0.0100% | 1h | 8.8890 | long leg | $274K | $612K | 10x | |
| Gate UNI_USDT | +0.0100% | 8h | 8.9110 | +0.247% | $23.1M | $59.2M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9100 | +0.236% | $43.3M | $24.6M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9120 | +0.259% | $13.8M | $13.7M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9070 | +0.202% | $32.3M | $41.4M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.9110 | +0.247% | — | $49.9M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9162 | +0.306% | $991K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8743 | −0.165% | $167K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8615 | −0.309% | $619K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8860 | −0.034% | $84K | $712K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8700 | −0.214% | $105K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9192 | +0.340% | $87K | $324K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9000 | +0.124% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9189 | +0.336% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9002 | +0.126% | $25K | $666K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9233 | +0.386% | $728K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9030 | +0.157% | $26.8M | $4.3M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9080 | +0.213% | $302K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9021 | +0.148% | $32K | $1K | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.9080 | +0.214% | $1.0M | $5.4M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9020 | +0.146% | $9.8M | $3.3M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0267% | 1h | 8.9021 | +0.147% | $5.0M | $7.1M | 50x | as long as short |
| Hyperliquid UNI | +0.0303% | 1h | 8.9239 | +0.393% | $97.1M | $59.9M | 10x | as long as short |
| Reya UNIRUSDPERPshort | +0.0360% | 1h | 8.9148 | +0.290% | $16K | — | 20x | |
| GMX UNI/USD [UNI-USDC] | L +0.0379% / S −0.0320% | 1h | 8.9018 | +0.144% | $557K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0490% | 1h | 8.8671 | −0.247% | $1K | $50K | 10x | as long as short |
| Lighter UNI | +0.0536% | 1h | 8.9309 | +0.471% | $4.6M | $5.4M | 15x | as long as short |
| Injective UNI/USDC PERP | +0.2702% | 1h | 8.7900 | −1.114% | $657 | $97K | 12x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
OKX UNI-USDT-SWAP
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Hyperliquid UNI
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD
Lighter UNI
Injective UNI/USDC PERP