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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0269%/8h= +29.4% APRnext payment +$0.34 per $10,000 · paid last 24h +0.070%
Price spread now: Reya against Backpack−0.189%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.189% cheaper against Backpack than usual: you would sell low and buy high (spread −0.189% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 2.3 days of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack UNI_USDC_PERP9.11990.0100pay 0.0013% / 1h8m 01s$999K$2.3M10x
ShortReya UNIRUSDPERP9.10260.0369get 0.0046% / 1h8m 01s$17K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Backpack. 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
$56.46
Price spread: −0.189% → 0.000%
−$18.92
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$21.54
Costs to cover
0.160%
Break-even
4.3 days
Slippage unknown: Backpack: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 1 min ago0.05 bp6.2 bp −$6doesn't fitdoesn't fitdoesn'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 39 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
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.1138−0.067%$19K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−3.179%$660$154K12xas long as short
01 Exchange UNIUSD+0.0064%1h9.1108−0.100%$455$510xas long as short
dYdX UNI-USD+0.0087%1h9.0912−0.315%$239K$30K10xas long as short
Nado UNI-PERP+0.0100%1h9.1060−0.152%$969K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.1230+0.034%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.0960−0.262%$297K$568K10xas long as short
Binance UNIUSDT+0.0100%8h9.1169−0.033%$228.2M$612.5M75xas long as short
Bybit UNIUSDT+0.0100%8h9.1100−0.109%$102.1M$107.7M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.1110−0.098%$56.4M$255.8M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h9.1090−0.120%$288K$640K10xas long as short
Gate UNI_USDT+0.0100%8h9.1120−0.087%$23.4M$59.3M75xas long as short
MEXC UNI_USDT+0.0100%8h9.1140−0.065%$49.8M$26.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.1160−0.043%$13.8M$12.9M75xas long as short
Bitget UNIUSDT+0.0100%8h9.1110−0.098%$33.4M$42.9M75xas long as short
BingX UNI-USDC+0.0100%8h9.1130−0.076%$6.5Mas long as short
Backpack UNI_USDC_PERPlong+0.0100%1h9.1199long leg$999K$2.3M10x
Variational Omni UNI+0.0100%8h9.1039−0.175%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h9.0969−0.253%$171K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.1109−0.099%$634K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0950−0.273%$89K$700K50xas long as short
StandX UNI-USD+0.0100%1h9.0950−0.273%$56K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.1150−0.054%$87K$410K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.1170−0.032%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.1222+0.025%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.1186−0.014%$22K$728K10xas long as short
HTX UNI-USDT+0.0100%8h9.1300+0.111%$725K$4.2M75xas long as short
Phemex UNIUSDT+0.0100%8h9.1150−0.054%$27.5M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0950−0.273%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.1094−0.115%$301K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h9.1212+0.014%$32K3xas long as short
Hyperliquid UNI+0.0231%1h9.1254+0.060%$99.2M$58.8M10xas long as short
Coinbase International UNI-PERP-INTX+0.0312%1h9.1210+0.012%$1.1M$4.8M50xas long as short
Reya UNIRUSDPERPshort+0.0369%1h9.1026−0.189%$17K20x
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.1151−0.052%$649K120xas long as short
Kraken Futures PF_UNIUSD+0.0420%1h9.1194−0.005%$5.1M$6.9M50xas long as short
Lighter UNI+0.0496%1h9.1288+0.098%$4.7M$5.3M15xas long as short
Deribit UNI_USDC-PERPETUAL+0.0561%1h9.1248+0.054%$592K$188K50xas long as short
Aftermath Perps UNIUSD+0.0955%1h9.1132−0.073%$1K$48K10xas long as short