Funding you earn now, next payment 02:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.02 per $10,000 · paid last 24h +0.028%
Price spread now: Reya against GMX−0.059%55s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs $0 a day on $10k at the current rate, and Reya is 0.059% cheaper against GMX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 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 | GMX UNI/USD [UNI-USDC] | 9.0950 | L +0.0381% / S −0.0244% | pay 0.0048% / 1h | 23m 30s | $647K | — | 120x |
| Short | Reya UNIRUSDPERP | 9.0897 | 0.0368 | get 0.0046% / 1h | 23m 30s | $17K | — | 20x |
GMX UNI/USD [UNI-USDC]
Reya UNIRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against GMX. 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
- −$2.67
- Price spread: −0.059% → 0.000%
- −$5.86
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$26.53
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
GMX and 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.| 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 | 9.0967 | +0.018% | $19K | — | 150x | as long as short |
| dYdX UNI-USD | +0.0018% | 1h | 9.1055 | +0.114% | $240K | $30K | 10x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −2.914% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0040% | 1h | 9.0964 | +0.015% | $454 | — | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.0935 | −0.017% | $951K | $4.3M | 10x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 9.1062 | +0.123% | $98.8M | $60.4M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.1210 | +0.285% | $1.1M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.1093 | +0.156% | $298K | $574K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.0918 | −0.035% | $227.0M | $610.8M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.0900 | −0.055% | $101.8M | $107.5M | 75x | as long as short |
gTrade (Gains Network) UNI/USD
dYdX UNI-USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Nado UNI-PERP
Hyperliquid UNI
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDTShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.0910 | −0.044% | $56.2M | $255.0M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 9.1020 | +0.076% | $288K | $641K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 9.0990 | +0.043% | $23.3M | $58.7M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.1050 | +0.109% | $49.9M | $26.2M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.1140 | +0.208% | $13.5M | $13.7M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.0930 | −0.022% | $33.3M | $42.9M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 9.0980 | +0.033% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.1118 | +0.184% | $998K | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.0580 | −0.407% | $4.1M | $4.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.0454 | −0.546% | $170K | $343K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.0859 | −0.100% | $632K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.0890 | −0.066% | $89K | $699K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.0990 | +0.043% | $56K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.0969 | +0.020% | $86K | $410K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1080 | +0.142% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.1024 | +0.081% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.1060 | +0.120% | $22K | $712K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.1054 | +0.114% | $724K | $4.2M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.1060 | +0.120% | $27.5M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.0978 | +0.030% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.0951 | 0.000% | $303K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1079 | +0.141% | $32K | — | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0312% | 1h | 9.1020 | +0.076% | $1.1M | $4.7M | 50x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0336% | 1h | 9.1129 | +0.197% | $591K | $188K | 50x | as long as short |
| Reya UNIRUSDPERPshort | +0.0368% | 1h | 9.0897 | −0.059% | $17K | — | 20x | |
| GMX UNI/USD [UNI-USDC]long | L +0.0381% / S −0.0244% | 1h | 9.0950 | long leg | $647K | — | 120x | |
| Kraken Futures PF_UNIUSD | +0.0421% | 1h | 9.1120 | +0.186% | $5.1M | $6.9M | 50x | as long as short |
| Lighter UNI | +0.0448% | 1h | 9.1250 | +0.329% | $4.7M | $5.3M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0934% | 1h | 9.0544 | −0.447% | $948 | $48K | 10x | as long as short |
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
Deribit UNI_USDC-PERPETUAL
Kraken Futures PF_UNIUSD
Lighter UNI
Aftermath Perps UNIUSD