Funding you earn now, next payment 22:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h −0.034%
Price spread now: Hyperliquid against Reya+0.114%7-day average — · you sell dearer than you buy
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
=Together, before fees—+ Points / potential airdropReya: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.114% dearer against Reya than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya UNIRUSDPERP | 8.8066 | 0.0359 | pay 0.0045% / 1h | 58m 03s | $16K | — | 20x |
| Short | Hyperliquid UNI | 8.8166 | 0.0405 | get 0.0051% / 1h | 58m 03s | $95.9M | $60.4M | 10x |
Reya UNIRUSDPERP
Hyperliquid UNIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Reya. 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
- $9.62
- Price spread: +0.114% → 0.000%
- $11.41
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $6.03
- Costs to cover
- 0.150%
- Break-even
- 2.6 days
Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 6 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 Hyperliquid live order book, 6 min ago | 0.28 bp | 7.2 bp −$7 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0199% | 8h | 8.8256 | +0.217% | $3.9M | $4.9M | — | as long as short |
| Bybit UNIUSDT | −0.0192% | 8h | 8.7980 | −0.097% | $102.5M | $105.5M | 75x | as long as short |
| dYdX UNI-USD | 0.0000% | 1h | 8.8120 | +0.062% | $244K | $5K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.8103 | +0.043% | $550K | $129K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.8100 | +0.039% | $79K | — | 150x | as long as short |
| OKX UNI-USDT-SWAP | +0.0011% | 8h | 8.8000 | −0.074% | $54.2M | $246.6M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0048% | 1h | 8.8120 | +0.062% | $440 | — | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8070 | +0.005% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8070 | +0.005% | $849K | $4.0M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8130 | +0.073% | $1.0M | $3.4M | 50x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
dYdX UNI-USD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Nado UNI-PERP
Aster UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.8100 | +0.039% | $297K | $559K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8030 | −0.040% | $215.7M | $599.9M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8170 | +0.119% | $272K | $605K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8010 | −0.063% | $22.8M | $58.8M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8030 | −0.040% | $42.7M | $24.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8060 | −0.006% | $13.7M | $13.8M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8010 | −0.063% | $31.9M | $41.3M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8020 | −0.052% | — | $49.9M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8053 | −0.014% | $974K | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.7993 | −0.082% | $165K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8010 | −0.063% | $621K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8040 | −0.029% | $83K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8170 | +0.119% | $105K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8106 | +0.046% | $88K | $336K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8050 | −0.018% | $15K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8134 | +0.078% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8025 | −0.046% | $28K | $672K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8296 | +0.262% | $708K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8050 | −0.018% | $26.5M | $4.3M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8002 | −0.072% | $307K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8070 | +0.005% | $31K | $1K | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8150 | +0.096% | $1.0M | $5.3M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8120 | +0.062% | $9.8M | $3.3M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0270% | 1h | 8.8112 | +0.053% | $4.9M | $7.3M | 50x | as long as short |
| Reya UNIRUSDPERPlong | +0.0359% | 1h | 8.8066 | long leg | $16K | — | 20x | |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0320% | 1h | 8.8086 | +0.023% | $552K | — | 120x | as long as short |
| Hyperliquid UNIshort | +0.0405% | 1h | 8.8166 | +0.114% | $95.9M | $60.4M | 10x | |
| Aftermath Perps UNIUSD | +0.0521% | 1h | 8.8145 | +0.091% | $1K | $51K | 10x | as long as short |
| Lighter UNI | +0.0616% | 1h | 8.8222 | +0.178% | $4.5M | $5.3M | 15x | as long as short |
| Injective UNI/USDC PERP | +0.2702% | 1h | 8.7900 | −0.188% | $657 | $97K | 12x | as long as short |
Pacifica UNI
Binance UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
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
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD
Lighter UNI
Injective UNI/USDC PERP