Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0273%/8h= +29.9% APRpaid last 24h +0.074%

Price spread now: Reya against BingX−0.086%7-day average — · you buy dearer than you sell

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

Long on BingX 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 0.086% cheaper against BingX than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 25 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	BingX UNI-USDC	9.0870	0.0100	pay 0.0100% / 8h	4h 15m	—	$6.5M	—
Short	Reya UNIRUSDPERP	9.0792	0.0373	get 0.0047% / 1h	15m 06s	$17K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against BingX. 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 BingXbpFee ReyabpOrdersPrice spread, now −0.086%Rate

Funding earned: $57.28
Price spread: −0.086% → 0.000%: −$8.57
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $32.71
Costs to cover: 0.160%
Break-even: 3.0 days

Slippage unknown: BingX: live order book, 6 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 BingX live order book, 6 min ago	1.10 bp	12.3 bp −$12	26.7 bp −$267	79.1 bp −$7,906	645.3 bp −$322.6K
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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0866	−0.004%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.828%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0064%	1h	9.0947	+0.085%	$454	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0895	+0.028%	$970K	$4.4M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0899	+0.032%	$824K	$3.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0855	−0.016%	$294K	$599K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0887	+0.019%	$223.3M	$637.9M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0780	−0.099%	$101.9M	$111.1M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0790	−0.088%	$55.3M	$261.9M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1010	+0.154%	$315K	$651K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.0890	+0.022%	$23.7M	$63.9M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0890	+0.022%	$47.9M	$25.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0880	+0.011%	$13.6M	$13.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0840	−0.033%	$33.5M	$44.8M	75x	as long as short
BingX UNI-USDClong	+0.0100%	8h	9.0870	long leg	—	$6.5M	—
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0940	+0.077%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0759	−0.122%	$4.3M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1010	+0.154%	$172K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1058	+0.206%	$645K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1050	+0.198%	$96K	$701K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0880	+0.011%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0899	+0.032%	$86K	$429K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0880	+0.011%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0987	+0.129%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0870	0.000%	$22K	$791K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0908	+0.042%	$731K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0910	+0.044%	$27.5M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0886	+0.018%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0850	−0.021%	$293K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0895	+0.028%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0152%	1h	9.0823	−0.052%	$239K	$30K	10x	as long as short
Lighter UNI	+0.0216%	1h	9.1027	+0.173%	$4.6M	$5.8M	15x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0820	−0.055%	$10.2M	$3.6M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0223%	1h	9.0939	+0.076%	$583K	$193K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.0830	−0.044%	$1.0M	$5.8M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	9.0919	+0.054%	$5.0M	$8.0M	50x	as long as short
Hyperliquid UNI	+0.0354%	1h	9.0997	+0.140%	$98.6M	$62.5M	10x	as long as short
Reya UNIRUSDPERPshort	+0.0373%	1h	9.0792	−0.086%	$17K	—	20x
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0875	+0.005%	$647K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0947%	1h	9.0929	+0.064%	$936	$46K	10x	as long as short