Funding you earn now, next payment 00:00 UTC−0.0172%/8h= −18.9% APRnext payment −$0.22 per $10,000 · paid last 24h +0.028%
Price spread now: Reya against Hyperliquid−0.143%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 airdropHyperliquid: Season 2 · Reya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Reya is 0.143% cheaper against Hyperliquid than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid UNI | 8.9940 | 0.0536 | pay 0.0067% / 1h | 26m 20s | $98.6M | $59.1M | 10x |
| Short | Reya UNIRUSDPERP | 8.9811 | 0.0364 | get 0.0046% / 1h | 26m 20s | $16K | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$36.19
- Price spread: −0.143% → 0.000%
- −$14.34
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$65.53
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 8 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 Hyperliquid live order book, 8 min ago | 0.39 bp | 7.0 bp −$7 | doesn't fit | 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 | −1.823% | $660 | $155K | 12x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.9783 | −0.175% | $578K | $176K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.9815 | −0.139% | $62K | — | 150x | as long as short |
| Variational Omni UNI | +0.0051% | 8h | 8.9935 | −0.006% | $4.1M | $4.4M | — | as long as short |
| Bybit UNIUSDT | +0.0087% | 8h | 8.9770 | −0.189% | $101.9M | $104.9M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0090% | 8h | 8.9710 | −0.256% | $55.0M | $248.7M | 50x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9865 | −0.083% | $954K | $4.2M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9929 | −0.013% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.0011 | +0.079% | $298K | $593K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9804 | −0.151% | $222.2M | $589.9M | 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 | 9.0050 | +0.122% | $265K | $632K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9820 | −0.133% | $23.0M | $58.8M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9850 | −0.100% | $43.7M | $24.0M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9840 | −0.111% | $13.6M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9720 | −0.245% | $32.8M | $42.0M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.9800 | −0.156% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.0120 | +0.200% | $1.0M | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9917 | −0.025% | $169K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9950 | +0.011% | $631K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9950 | +0.011% | $88K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9890 | −0.056% | $36K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9847 | −0.103% | $85K | $363K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9750 | −0.211% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9881 | −0.066% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9754 | −0.207% | $21K | $676K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9935 | −0.006% | $717K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9760 | −0.200% | $27.1M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9934 | −0.007% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9714 | −0.251% | $303K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9770 | −0.189% | $32K | $1K | 3x | as long as short |
| dYdX UNI-USD | +0.0130% | 1h | 8.9989 | +0.055% | $249K | $6K | 10x | as long as short |
| 01 Exchange UNIUSD | +0.0176% | 1h | 8.9923 | −0.019% | $449 | — | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9980 | +0.044% | $10.1M | $3.5M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0232% | 1h | 8.9820 | −0.133% | $1.1M | $5.4M | 50x | as long as short |
| Reya UNIRUSDPERPshort | +0.0364% | 1h | 8.9811 | −0.143% | $16K | — | 20x | |
| GMX UNI/USD [UNI-USDC] | L +0.0382% / S −0.0323% | 1h | 8.9802 | −0.153% | $568K | — | 120x | as long as short |
| Hyperliquid UNIlong | +0.0536% | 1h | 8.9940 | long leg | $98.6M | $59.1M | 10x | |
| Kraken Futures PF_UNIUSD | +0.0564% | 1h | 8.9808 | −0.146% | $5.0M | $7.0M | 50x | as long as short |
| Aftermath Perps UNIUSD | +0.0801% | 1h | 9.0041 | +0.113% | $1K | $49K | 10x | as long as short |
| Lighter UNI | +0.0888% | 1h | 9.0162 | +0.247% | $4.6M | $5.2M | 15x | as long as short |
Hyperliquid UNI
Injective UNI/USDC PERP
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
Variational Omni UNI
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Paradex UNI-USD-PERP
Extended UNI-USD
01 Exchange UNIUSD
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
GMX UNI/USD [UNI-USDC]
Kraken Futures PF_UNIUSD
Aftermath Perps UNIUSD
Lighter UNI