Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0042%/8h= −4.7% APRnext payment $0.05 per $10,000 · paid last 24h +0.001%
Price spread now: GMX against Reya+0.099%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno 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. GMX is 0.099% dearer against Reya than usual: you sell high and buy low (spread +0.099% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya UNIRUSDPERP8.98820.0365pay 0.0046% / 1h58m 05s$16K20x
ShortGMX UNI/USD [UNI-USDC]8.9971L +0.0382% / S −0.0323%get 0.0040% / 1h58m 05s$569K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
−$8.92
Price spread: +0.099% → 0.000%
$9.92
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee GMX: 6 bp × 2 orders
−$12
Net
−$17
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell GMX no order-book sample
Reya and GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX UNI-USD0.0000%1h8.9757−0.138%$249K$6K10xas long as short
01 Exchange UNIUSD0.0000%1h8.9847−0.039%$44810xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9981+0.110%$62K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.760%$660$154K12xas long as short
OKX UNI-USDT-SWAP+0.0086%8h9.0000+0.132%$54.9M$249.8M50xas long as short
Variational Omni UNI+0.0090%8h9.0023+0.157%$4.1M$4.4Mas long as short
Nado UNI-PERP+0.0100%1h8.9810−0.080%$945K$4.2M10xas long as short
Aster UNIUSDT+0.0100%8h8.9968+0.096%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9818−0.071%$299K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.9972+0.101%$222.7M$592.1M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit UNIUSDT+0.0100%8h9.0010+0.143%$101.7M$105.9M75xas long as short
Arcus UNI-USD+0.0100%1h8.9930+0.054%$270K$614K10xas long as short
Gate UNI_USDT+0.0100%8h8.9900+0.020%$22.9M$57.2M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9930+0.054%$44.0M$23.2M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9950+0.076%$13.6M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9890+0.009%$32.9M$42.1M75xas long as short
BingX UNI-USDC+0.0100%8h8.9880−0.002%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9965+0.093%$1.1M$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h8.9998+0.129%$169K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.0010+0.143%$626K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.0080+0.221%$88K$708K50xas long as short
StandX UNI-USD+0.0100%1h8.9900+0.020%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9910+0.031%$86K$372K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9920+0.043%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9891+0.010%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9920+0.043%$21K$679K10xas long as short
HTX UNI-USDT+0.0100%8h9.0013+0.146%$722K$4.4M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9950+0.076%$27.1M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9811−0.079%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9883+0.002%$302K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9951+0.077%$32K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0176%1h8.9999+0.130%$579K$177K50xas long as short
BloFin UNI-USDT+0.0220%8h8.9930+0.054%$10.0M$3.5M75xas long as short
Hyperliquid UNI+0.0233%1h9.0023+0.157%$98.5M$59.7M10xas long as short
Coinbase International UNI-PERP-INTX+0.0272%1h8.9910+0.031%$1.1M$5.4M50xas long as short
Reya UNIRUSDPERPlong+0.0365%1h8.9882long leg$16K20x
GMX UNI/USD [UNI-USDC]shortL +0.0382% / S −0.0323%1h8.9971+0.099%$569K120x
Kraken Futures PF_UNIUSD+0.0390%1h9.0001+0.133%$5.0M$7.0M50xas long as short
Lighter UNI+0.0712%1h9.0126+0.272%$4.6M$5.2M15xas long as short
Aftermath Perps UNIUSD+0.0866%1h8.9915+0.037%$1K$49K10xas long as short