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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0275%/8h= −30.1% APRnext payment $0.34 per $10,000 · paid last 24h −0.075%
Price spread now: Nado against Reya−0.093%7-day average · you buy dearer than you sell
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 · Nado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Nado is 0.093% cheaper against Reya than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya UNIRUSDPERP8.83020.0375pay 0.0047% / 1h1m 50s$16K20x
ShortNado UNI-PERP8.82200.0100get 0.0012% / 1h1m 50s$872K$4.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$57.81
Price spread: −0.093% → 0.000%
−$9.33
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$80.14
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Nado: live order book, 2 min ago. 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 Nado live order book, 2 min ago0.23 bp5.7 bp −$614.4 bp −$144doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange UNIUSD−0.0016%1h8.8276−0.030%$440$510xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.8324+0.025%$566K$208K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8321+0.021%$48K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.003%$660$154K12xas long as short
Lighter UNI+0.0096%1h8.8397+0.107%$4.5M$5.9M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8314+0.013%$25K20xas long as short
Nado UNI-PERPshort+0.0100%1h8.8220−0.093%$872K$4.6M10x
Hyperliquid UNI+0.0100%1h8.8392+0.102%$93.4M$65.3M10xas long as short
Aster UNIUSDT+0.0100%8h8.8370+0.077%$763K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.8317+0.016%$285K$611K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8370+0.077%$215.6M$653.5M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8350+0.054%$98.8M$112.3M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8400+0.111%$53.6M$260.4M50xas long as short
Arcus UNI-USD+0.0100%1h8.8380+0.088%$328K$684K10xas long as short
Gate UNI_USDT+0.0100%8h8.8360+0.065%$23.3M$65.6M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8350+0.054%$46.7M$26.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8320+0.020%$13.0M$13.4M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8280−0.025%$32.5M$46.1M75xas long as short
BingX UNI-USDT+0.0100%8h8.8340+0.043%$56.9Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8330+0.031%$1.0M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8909+0.688%$4.1M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.8875+0.649%$168K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8614+0.353%$615K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8740+0.496%$91K$702K50xas long as short
StandX UNI-USD+0.0100%1h8.8790+0.552%$15K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8317+0.017%$92K$475K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8270−0.037%$16K$1.5M10xas long as short
SunX UNI-USDT+0.0100%8h8.8323+0.023%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8283−0.022%$31K$819K10xas long as short
HTX UNI-USDT+0.0100%8h8.8424+0.138%$710K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8300−0.003%$26.7M$4.3M50xas long as short
Extended UNI-USD+0.0104%1h8.8297−0.006%$283K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8295−0.008%$31K3xas long as short
dYdX UNI-USD+0.0207%1h8.8294−0.009%$232K$31K10xas long as short
Coinbase International UNI-PERP-INTX+0.0216%1h8.8350+0.054%$917K$5.7M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8360+0.065%$10.0M$3.6M75xas long as short
Kraken Futures PF_UNIUSD+0.0275%1h8.8324+0.025%$4.8M$8.3M50xas long as short
Reya UNIRUSDPERPlong+0.0375%1h8.8302long leg$16K20x
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8317+0.016%$628K120xas long as short
Aftermath Perps UNIUSD+0.0674%1h8.8717+0.470%$1K$45K10xas long as short