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

UNI

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0278%/8h= −30.4% APRpaid last 24h −0.110%
Price spread now: Variational Omni against Reya−0.180%55s7-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 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Variational Omni is 0.180% cheaper against Reya than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya UNIRUSDPERP8.96640.0365pay 0.0046% / 1h2m 32s$16K20x
ShortVariational Omni UNI8.95030.0087get 0.0087% / 8h2m 32s$4.1M$4.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$58.31
Price spread: −0.180% → 0.000%
−$17.99
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$82.31
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 2 min ago3.27 bpdoesn't fit10.6 bp −$106doesn'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
Injective UNI/USDC PERP−0.0049%1h8.8300−1.522%$660$155K12xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9705+0.045%$62K150xas long as short
OKX UNI-USDT-SWAP+0.0087%8h8.9830+0.185%$54.8M$249.5M50xas long as short
Variational Omni UNIshort+0.0087%8h8.9503−0.180%$4.1M$4.4M
Nado UNI-PERP+0.0100%1h8.9797+0.149%$945K$4.2M10xas long as short
Aster UNIUSDT+0.0100%8h8.9704+0.045%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9629−0.039%$296K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.9770+0.118%$222.2M$591.8M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9790+0.140%$101.5M$105.9M75xas long as short
Arcus UNI-USD+0.0100%1h8.9820+0.174%$270K$614K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UNI_USDT+0.0100%8h8.9640−0.027%$22.8M$59.3M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9630−0.038%$43.8M$24.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9650−0.016%$13.6M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9660−0.005%$32.8M$42.1M75xas long as short
BingX UNI-USDC+0.0100%8h8.9680+0.018%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9695+0.034%$1.1M$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h8.9500−0.184%$168K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9730+0.073%$624K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9600−0.072%$88K$708K50xas long as short
StandX UNI-USD+0.0100%1h8.9730+0.073%$36K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9734+0.078%$85K$366K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9650−0.016%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9781+0.130%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9650−0.016%$21K$676K10xas long as short
HTX UNI-USDT+0.0100%8h8.9738+0.082%$718K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9690+0.029%$27.1M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9563−0.113%$26K20xas long as short
Extended UNI-USD+0.0104%1h8.9616−0.054%$301K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9683+0.020%$32K$1K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0137%1h8.9718+0.060%$578K$177K50xas long as short
01 Exchange UNIUSD+0.0160%1h8.9802+0.154%$44810xas long as short
BloFin UNI-USDT+0.0220%8h8.9700+0.040%$10.0M$3.5M75xas long as short
Coinbase International UNI-PERP-INTX+0.0232%1h8.9850+0.207%$1.1M$5.4M50xas long as short
dYdX UNI-USD+0.0289%1h8.9668+0.004%$248K$6K10xas long as short
Reya UNIRUSDPERPlong+0.0365%1h8.9664long leg$16K20x
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0323%1h8.9689+0.028%$567K120xas long as short
Hyperliquid UNI+0.0417%1h8.9736+0.080%$98.2M$59.6M10xas long as short
Kraken Futures PF_UNIUSD+0.0564%1h8.9736+0.080%$5.0M$7.0M50xas long as short
Aftermath Perps UNIUSD+0.0869%1h8.9742+0.086%$1K$49K10xas long as short
Lighter UNI+0.0896%1h8.9822+0.176%$4.6M$5.3M15xas long as short