UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0373%/8h= +40.9% APRnext payment +$0.47 per $10,000 · paid last 24h +0.076%

Price spread now: Reya against Deribit−0.176%49s7-day average — · you buy dearer than you sell

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

Long on Deribit 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 0.176% cheaper against Deribit than usual: you would sell low and buy high (spread −0.176% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 38 hours of funding at the current rate (+$11 a day). The two prices were read 49 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	Deribit UNI_USDC-PERPETUAL	9.0621	0	get 0.0000% / 1h	57m 33s	$581K	$208K	50x
Short	Reya UNIRUSDPERP	9.0462	0.0373	get 0.0047% / 1h	57m 33s	$17K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Deribit. 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 DeribitbpFee ReyabpOrdersPrice spread, now −0.176%Rate

Funding earned: $78.41
Price spread: −0.176% → 0.000%: −$17.57
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $47.84
Costs to cover: 0.130%
Break-even: 2.7 days

Slippage unknown: Deribit: live order book, 61 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 Deribit live order book, 61 min ago	8.16 bp	13.0 bp −$13	21.4 bp −$214	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
Deribit UNI_USDC-PERPETUALlong	0.0000%	1h	9.0621	long leg	$581K	$208K	50x
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0599	−0.024%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.562%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0080%	1h	9.0506	−0.127%	$452	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0495	−0.139%	$969K	$4.4M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0578	−0.048%	$98.0M	$62.5M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0596	−0.028%	$815K	$3.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0546	−0.083%	$293K	$602K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0480	−0.156%	$222.3M	$640.3M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0460	−0.178%	$101.7M	$111.5M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0460	−0.178%	$55.1M	$261.6M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0620	−0.002%	$316K	$653K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0490	−0.145%	$23.6M	$63.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0540	−0.090%	$47.7M	$25.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0550	−0.079%	$13.5M	$13.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0460	−0.178%	$33.3M	$45.1M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0520	−0.112%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0619	−0.003%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0909	+0.317%	$4.3M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0917	+0.326%	$171K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0816	+0.214%	$643K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1040	+0.462%	$96K	$701K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0670	+0.054%	$16K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0496	−0.138%	$86K	$430K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0580	−0.046%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0709	+0.097%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0580	−0.046%	$22K	$792K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0760	+0.153%	$730K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0600	−0.024%	$27.4M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0489	−0.147%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0435	−0.206%	$293K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0581	−0.045%	$32K	—	3x	as long as short
Lighter UNI	+0.0136%	1h	9.0675	+0.059%	$4.6M	$5.8M	15x	as long as short
Coinbase International UNI-PERP-INTX	+0.0216%	1h	9.0740	+0.131%	$950K	$5.9M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0930	+0.341%	$10.3M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	9.0637	+0.017%	$5.0M	$8.0M	50x	as long as short
dYdX UNI-USD	+0.0291%	1h	9.0522	−0.109%	$238K	$30K	10x	as long as short
Reya UNIRUSDPERPshort	+0.0373%	1h	9.0462	−0.176%	$17K	—	20x
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0616	−0.006%	$645K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0895%	1h	9.0784	+0.180%	$923	$46K	10x	as long as short