UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0266%/8h= −29.1% APRnext payment −$0.33 per $10,000 · paid last 24h −0.070%

Price spread now: Backpack against Reya+0.055%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Backpack

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

The price spread pays, funding is against you. Backpack is 0.055% dearer against Reya than usual: you sell high and buy low (spread +0.055% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya UNIRUSDPERP	9.1183	0.0366	pay 0.0046% / 1h	42m 50s	$17K	—	20x
Short	Backpack UNI_USDC_PERP	9.1233	0.0100	get 0.0013% / 1h	42m 50s	$1.1M	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Reya. 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 ReyabpFee BackpackbpOrdersPrice spread, now +0.055%Rate

Funding earned: −$55.76
Price spread: +0.055% → 0.000%: $5.48
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$66.28
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Backpack: live order book, 1 min ago. 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 Reya no order-book sample	—	—	—	—	—
Sell Backpack live order book, 1 min ago	0.05 bp	11.7 bp −$12	264.9 bp −$2,649	doesn't fit	doesn't fit

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
Phemex UNIUSDT	−0.0380%	8h	9.1190	+0.008%	$27.5M	$4.5M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	9.1276	+0.102%	$588K	$178K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	9.1273	+0.098%	$74K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.162%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	9.1273	+0.099%	$455	—	10x	as long as short
OKX UNI-USDT-SWAP	+0.0092%	8h	9.1170	−0.014%	$56.0M	$253.1M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1225	+0.046%	$962K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1360	+0.194%	$1.1M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1312	+0.141%	$305K	$592K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1200	+0.019%	$226.2M	$594.6M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit UNIUSDT	+0.0100%	8h	9.1170	−0.014%	$102.7M	$106.4M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1360	+0.194%	$272K	$619K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1230	+0.052%	$23.0M	$58.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1260	+0.084%	$45.2M	$23.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1240	+0.062%	$13.7M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1180	−0.003%	$33.4M	$41.9M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1200	+0.019%	—	$52.1M	—	as long as short
Backpack UNI_USDC_PERPshort	+0.0100%	1h	9.1233	+0.055%	$1.1M	$2.4M	10x
Variational Omni UNI	+0.0100%	8h	9.1041	−0.156%	$4.1M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1357	+0.190%	$172K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1650	+0.512%	$641K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1370	+0.205%	$89K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1510	+0.359%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1275	+0.101%	$86K	$375K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1270	+0.095%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1387	+0.224%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1235	+0.057%	$21K	$711K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1374	+0.209%	$730K	$4.4M	75x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1312	+0.141%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1136	−0.052%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1279	+0.105%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0149%	1h	9.1296	+0.124%	$252K	$7K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1240	+0.062%	$10.1M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1320	+0.150%	$1.1M	$5.6M	50x	as long as short
Reya UNIRUSDPERPlong	+0.0366%	1h	9.1183	long leg	$17K	—	20x
Hyperliquid UNI	+0.0379%	1h	9.1369	+0.204%	$100.2M	$60.1M	10x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	9.1291	+0.119%	$578K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0385%	1h	9.1295	+0.123%	$5.1M	$7.0M	50x	as long as short
Lighter UNI	+0.0784%	1h	9.1394	+0.231%	$4.6M	$5.2M	15x	as long as short
Aftermath Perps UNIUSD	+0.0837%	1h	9.0967	−0.237%	$970	$49K	10x	as long as short