UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.2342%/8h= +256.4% APRnext payment +$2.93 per $10,000 · paid last 24h +0.071%

Price spread now: Injective against Reya−1.425%52s7-day average — · you buy dearer than you sell

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

Long on Reya Short on Injective

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. Injective is 1.425% cheaper against Reya than usual: you would sell low and buy high (spread −1.425% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$143 on $10k: about 2.0 days of funding at the current rate (+$70 a day). The two prices were read 52 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	Reya UNIRUSDPERP	8.9171	0.0360	pay 0.0045% / 1h	29m 53s	$16K	—	20x
Short	Injective UNI/USDC PERP	8.7900	0.2702	get 0.0338% / 1h	29m 53s	$657	$97K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −1.425%Rate

Funding earned: $491.8
Price spread: −1.425% → 0.000%: −$142.5
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $343.28
Costs to cover: 0.060%
Break-even: 2.1 days

Slippage unknown: Reya: no order-book sample; Injective: 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 Reya no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Reya and Injective: 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	−0.0175%	8h	8.9141	−0.033%	$3.9M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0143%	8h	8.9230	+0.066%	$101.9M	$105.8M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9198	+0.031%	$564K	$137K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.9121	−0.056%	$80K	—	150x	as long as short
01 Exchange UNIUSD	+0.0008%	1h	8.9198	+0.031%	$445	—	10x	as long as short
OKX UNI-USDT-SWAP	+0.0014%	8h	8.9210	+0.044%	$54.9M	$248.2M	50x	as long as short
dYdX UNI-USD	+0.0090%	1h	8.9156	−0.017%	$247K	$5K	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9101	−0.078%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9127	−0.048%	$853K	$3.9M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9209	+0.043%	$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	8.9160	−0.012%	$298K	$561K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9230	+0.066%	$218.3M	$594.9M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9220	+0.055%	$275K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9220	+0.055%	$23.2M	$59.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9220	+0.055%	$43.3M	$24.6M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9230	+0.066%	$13.9M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9190	+0.022%	$32.4M	$41.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9220	+0.055%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9228	+0.064%	$992K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8743	−0.479%	$167K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8615	−0.623%	$619K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8860	−0.348%	$84K	$712K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9170	−0.001%	$106K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9182	+0.013%	$87K	$323K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9140	−0.034%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9170	−0.001%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9130	−0.046%	$25K	$666K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9227	+0.063%	$730K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9140	−0.034%	$26.9M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9204	+0.037%	$302K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9160	−0.012%	$32K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.9250	+0.089%	$1.0M	$5.4M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9020	−0.169%	$9.8M	$3.3M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0267%	1h	8.9150	−0.023%	$5.0M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0305%	1h	8.9302	+0.147%	$97.1M	$59.9M	10x	as long as short
Reya UNIRUSDPERPlong	+0.0360%	1h	8.9171	long leg	$16K	—	20x
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.9123	−0.054%	$559K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0505%	1h	8.8763	−0.458%	$1K	$50K	10x	as long as short
Lighter UNI	+0.0560%	1h	8.9332	+0.181%	$4.6M	$5.4M	15x	as long as short
Injective UNI/USDC PERPshort	+0.2702%	1h	8.7900	−1.425%	$657	$97K	12x