Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0267%/8h= +29.2% APRpaid last 24h +0.075%

Price spread now: Reya against MEXC−0.112%7-day average — · you buy dearer than you sell

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

Long on MEXC 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 0.112% cheaper against MEXC than usual: you would sell low and buy high (spread −0.112% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 34 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	MEXC UNI_USDT	9.1390	0.0100	pay 0.0100% / 8h	7h 07m	$46.9M	$24.7M	200x
Short	Reya UNIRUSDPERP	9.1287	0.0367	get 0.0046% / 1h	7m 23s	$17K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against MEXC. 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 MEXCbpFee ReyabpOrdersPrice spread, now −0.112%Rate

Funding earned: $56.03
Price spread: −0.112% → 0.000%: −$11.23
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Reya: 3 bp × 2 orders: −$6
Net: $34.79
Costs to cover: 0.100%
Break-even: 2.7 days

Slippage unknown: MEXC: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 1 min ago	2.19 bp	5.2 bp −$5	9.9 bp −$99	64.0 bp −$6,395	239.7 bp −$119.8K
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	9.1370	−0.022%	$20K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.381%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0096%	1h	9.1439	+0.054%	$456	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1330	−0.066%	$983K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1441	+0.056%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1308	−0.090%	$302K	$586K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1461	+0.078%	$232.2M	$600.5M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1400	+0.011%	$103.0M	$107.2M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1340	−0.055%	$56.3M	$254.7M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1510	+0.131%	$282K	$617K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.1350	−0.044%	$23.4M	$60.6M	75x	as long as short
MEXC UNI_USDTlong	+0.0100%	8h	9.1390	long leg	$46.9M	$24.7M	200x
KuCoin UNIUSDTM	+0.0100%	8h	9.1380	−0.011%	$13.6M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1360	−0.033%	$33.6M	$42.9M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1350	−0.044%	—	$57.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1373	−0.019%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1470	+0.087%	$4.2M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1543	+0.167%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1560	+0.186%	$638K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1520	+0.142%	$89K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1290	−0.109%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1452	+0.068%	$85K	$388K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1320	−0.077%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1445	+0.060%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1418	+0.031%	$22K	$713K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1568	+0.195%	$724K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1500	+0.120%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1353	−0.040%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1364	−0.028%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1386	−0.004%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0202%	1h	9.1292	−0.108%	$245K	$24K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1550	+0.175%	$10.5M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1500	+0.120%	$1.1M	$4.8M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0280%	1h	9.1411	+0.023%	$591K	$186K	50x	as long as short
Reya UNIRUSDPERPshort	+0.0367%	1h	9.1287	−0.112%	$17K	—	20x
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	9.1371	−0.021%	$577K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0384%	1h	9.1486	+0.105%	$5.1M	$7.0M	50x	as long as short
Hyperliquid UNI	+0.0540%	1h	9.1461	+0.078%	$100.8M	$58.3M	10x	as long as short
Lighter UNI	+0.0968%	1h	9.1521	+0.143%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.1057%	1h	9.1604	+0.234%	$924	$49K	10x	as long as short