UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0264%/8h= +28.9% APRnext payment +$0.33 per $10,000 · paid last 24h +0.069%

Price spread now: Reya against Backpack−0.095%7-day average — · you buy dearer than you sell

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

Long on Backpack Short on Reya

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. Reya is 0.095% cheaper against Backpack than usual: you would sell low and buy high (spread −0.095% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 29 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack UNI_USDC_PERP	8.9804	0.0100	pay 0.0013% / 1h	24m 14s	$1.0M	$2.4M	10x
Short	Reya UNIRUSDPERP	8.9719	0.0364	get 0.0046% / 1h	24m 14s	$16K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Backpack. 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 BackpackbpFee ReyabpOrdersPrice spread, now −0.095%Rate

Funding earned: $55.47
Price spread: −0.095% → 0.000%: −$9.49
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $29.98
Costs to cover: 0.160%
Break-even: 3.2 days

Slippage unknown: Backpack: live order book, 5 min ago; Reya: 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 Backpack live order book, 5 min ago	0.17 bp	6.1 bp −$6	73.4 bp −$734	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−1.675%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9754	−0.056%	$62K	—	150x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0029%	1h	8.9765	−0.044%	$578K	$176K	50x	as long as short
Variational Omni UNI	+0.0051%	8h	8.9935	+0.145%	$4.1M	$4.4M	—	as long as short
Bybit UNIUSDT	+0.0091%	8h	8.9710	−0.105%	$101.8M	$105.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0091%	8h	8.9700	−0.116%	$54.9M	$248.8M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9765	−0.043%	$953K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9790	−0.016%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9755	−0.054%	$297K	$593K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9736	−0.075%	$222.0M	$590.2M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	8.9840	+0.040%	$265K	$632K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9740	−0.071%	$22.9M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9730	−0.082%	$43.6M	$24.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9750	−0.060%	$13.6M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9700	−0.116%	$32.8M	$42.1M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9730	−0.082%	—	$52.0M	—	as long as short
Backpack UNI_USDC_PERPlong	+0.0100%	1h	8.9804	long leg	$1.0M	$2.4M	10x
edgeX UNIUSDC	+0.0100%	4h	8.9917	+0.126%	$169K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0060	+0.285%	$632K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9950	+0.163%	$88K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9880	+0.085%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9766	−0.042%	$85K	$363K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9730	−0.082%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9840	+0.040%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9728	−0.085%	$21K	$676K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9915	+0.124%	$717K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9730	−0.082%	$27.1M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9739	−0.073%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9677	−0.142%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9743	−0.067%	$32K	$1K	3x	as long as short
dYdX UNI-USD	+0.0174%	1h	8.9788	−0.017%	$249K	$6K	10x	as long as short
01 Exchange UNIUSD	+0.0176%	1h	8.9806	+0.002%	$448	—	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9730	−0.082%	$10.0M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	8.9860	+0.062%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERPshort	+0.0364%	1h	8.9719	−0.095%	$16K	—	20x
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	8.9747	−0.063%	$568K	—	120x	as long as short
Hyperliquid UNI	+0.0514%	1h	8.9829	+0.028%	$98.5M	$59.0M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0564%	1h	8.9799	−0.005%	$5.0M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0808%	1h	8.9951	+0.164%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0872%	1h	8.9913	+0.121%	$4.6M	$5.2M	15x	as long as short