UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0091%/8h= +10.0% APRnext payment +$0.11 per $10,000 · paid last 24h +0.051%

Price spread now: Reya against Kraken Futures−0.189%48s7-day average — · you buy dearer than you sell

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

Long on Kraken Futures 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 0.189% cheaper against Kraken Futures 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 6.9 days of funding at the current rate (+$3 a day). The two prices were read 48 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	Kraken Futures PF_UNIUSD	8.8308	0.0269	pay 0.0034% / 1h	12m 23s	$4.9M	$7.2M	50x
Short	Reya UNIRUSDPERP	8.8141	0.0360	get 0.0045% / 1h	12m 23s	$16K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Kraken Futures. 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 Kraken FuturesbpFee ReyabpOrdersPrice spread, now −0.189%Rate

Funding earned: $19.1
Price spread: −0.189% → 0.000%: −$18.94
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$15.84
Costs to cover: 0.160%
Break-even: 12.8 days

Slippage unknown: Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago	1.13 bp	21.1 bp −$21	24.1 bp −$241	53.8 bp −$5,383	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	−0.0136%	8h	8.8841	+0.604%	$4.0M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0085%	8h	8.8130	−0.202%	$100.6M	$106.3M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8241	−0.076%	$565K	$154K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8182	−0.143%	$79K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0025%	8h	8.8140	−0.190%	$54.3M	$246.0M	50x	as long as short
01 Exchange UNIUSD	+0.0032%	1h	8.8199	−0.123%	$440	—	10x	as long as short
dYdX UNI-USD	+0.0099%	1h	8.8203	−0.119%	$244K	$5K	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8125	−0.207%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8160	−0.168%	$840K	$4.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8178	−0.147%	$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	8.8190	−0.134%	$299K	$563K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8152	−0.177%	$215.3M	$596.6M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8250	−0.066%	$272K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8150	−0.179%	$22.9M	$59.5M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8160	−0.168%	$42.6M	$24.8M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8160	−0.168%	$13.3M	$13.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8150	−0.179%	$32.0M	$41.6M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.8130	−0.202%	—	$51.4M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8217	−0.103%	$979K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8900	+0.670%	$167K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8970	+0.750%	$618K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8920	+0.693%	$84K	$714K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8310	+0.002%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8155	−0.173%	$86K	$345K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8150	−0.179%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8237	−0.080%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8176	−0.150%	$25K	$668K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8420	+0.127%	$719K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8210	−0.111%	$26.6M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8128	−0.204%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8167	−0.159%	$31K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8260	−0.054%	$1.0M	$5.3M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8230	−0.088%	$9.8M	$3.4M	75x	as long as short
Kraken Futures PF_UNIUSDlong	+0.0269%	1h	8.8308	long leg	$4.9M	$7.2M	50x
Hyperliquid UNI	+0.0305%	1h	8.8271	−0.042%	$96.1M	$59.8M	10x	as long as short
Reya UNIRUSDPERPshort	+0.0360%	1h	8.8141	−0.189%	$16K	—	20x
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.8164	−0.163%	$553K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0554%	1h	8.8802	+0.559%	$1K	$50K	10x	as long as short
Lighter UNI	+0.0600%	1h	8.8348	+0.045%	$4.5M	$5.4M	15x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−0.462%	$657	$97K	12x	as long as short