Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0272%/8h= +29.7% APRpaid last 24h +0.077%

Price spread now: Reya against Binance−0.163%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Reya

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 days—no 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 0.163% cheaper against Binance than usual: you would sell low and buy high (spread −0.163% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 48 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UNIUSDT	9.0610	0.0100	pay 0.0100% / 8h	4h 49m	$224.4M	$628.7M	75x
Short	Reya UNIRUSDPERP	9.0462	0.0372	get 0.0046% / 1h	49m 30s	$17K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Binance. 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 BinancebpFee ReyabpOrdersPrice spread, now −0.163%Rate

Funding earned: $57.03
Price spread: −0.163% → 0.000%: −$16.27
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $24.76
Costs to cover: 0.160%
Break-even: 4.0 days

Slippage unknown: Binance: live order book, 9 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 Binance live order book, 9 min ago	0.55 bp	7.3 bp −$7	13.8 bp −$138	44.2 bp −$4,422	193.3 bp −$96.7K
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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0666	+0.063%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.549%	$660	$154K	12x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0052%	1h	9.0655	+0.050%	$581K	$193K	50x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.0584	−0.028%	$452	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0500	−0.121%	$901K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0644	+0.038%	$1.0M	$3.0M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0628	+0.020%	$294K	$590K	10x	as long as short
Binance UNIUSDTlong	+0.0100%	8h	9.0610	long leg	$224.4M	$628.7M	75x
Bybit UNIUSDT	+0.0100%	8h	9.0570	−0.044%	$101.7M	$110.5M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0510	−0.110%	$55.6M	$256.6M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.0680	+0.078%	$287K	$613K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0550	−0.066%	$22.9M	$62.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0600	−0.011%	$48.4M	$25.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0560	−0.055%	$13.6M	$13.1M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0480	−0.143%	$33.3M	$43.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0600	−0.011%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0607	−0.003%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0589	−0.023%	$4.3M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1122	+0.566%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1180	+0.629%	$635K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0710	+0.111%	$88K	$695K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0700	+0.100%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0592	−0.019%	$87K	$421K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0600	−0.011%	$16K	$1.6M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0644	+0.038%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0604	−0.006%	$22K	$781K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0810	+0.221%	$715K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0630	+0.022%	$27.4M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0612	+0.002%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0546	−0.071%	$298K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0591	−0.020%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0145%	1h	9.0624	+0.016%	$239K	$30K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0750	+0.155%	$10.4M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.0730	+0.133%	$1.1M	$5.4M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.0669	+0.065%	$5.0M	$7.8M	50x	as long as short
Lighter UNI	+0.0336%	1h	9.0779	+0.187%	$4.6M	$5.8M	15x	as long as short
Reya UNIRUSDPERPshort	+0.0372%	1h	9.0462	−0.163%	$17K	—	20x
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0656	+0.051%	$646K	—	120x	as long as short
Hyperliquid UNI	+0.0468%	1h	9.0689	+0.088%	$98.5M	$61.7M	10x	as long as short
Aftermath Perps UNIUSD	+0.1078%	1h	9.1080	+0.519%	$1K	$46K	10x	as long as short