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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0334%/8h= +36.5% APRnext payment +$0.42 per $10,000 · paid last 24h −0.097%
Price spread now: Reya against Injective+3.063%7-day average · you sell dearer than you buy
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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Reya is 3.063% dearer against Injective than usual: you sell high and buy low: +$306 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective UNI/USDC PERP8.83000.0033pay 0.0004% / 1h4m 43s$660$154K12x
ShortReya UNIRUSDPERP9.10050.0367get 0.0046% / 1h4m 43s$17K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Injective. 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
$70.04
Price spread: +3.063% → 0.000%
$306.3
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Reya: 3 bp × 2 orders
−$6
Net
$370.32
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Reya no order-book sample
Injective and 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
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h9.1010+3.069%$19K150xas long as short
Injective UNI/USDC PERPlong+0.0033%1h8.8300long leg$660$154K12x
Deribit UNI_USDC-PERPETUAL+0.0086%1h9.1052+3.117%$589K$186K50xas long as short
01 Exchange UNIUSD+0.0096%1h9.1010+3.069%$45410xas long as short
Nado UNI-PERP+0.0100%1h9.0970+3.024%$968K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.1237+3.326%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.1002+3.060%$301K$586K10xas long as short
Binance UNIUSDT+0.0100%8h9.1405+3.516%$232.1M$600.6M75xas long as short
Bybit UNIUSDT+0.0100%8h9.1360+3.465%$102.9M$107.3M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.1270+3.364%$56.4M$255.1M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus UNI-USD+0.0100%1h9.1050+3.114%$281K$617K10xas long as short
Gate UNI_USDT+0.0100%8h9.1330+3.431%$23.3M$60.7M75xas long as short
MEXC UNI_USDT+0.0100%8h9.1330+3.431%$51.0M$25.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.1310+3.409%$13.7M$13.6M75xas long as short
Bitget UNIUSDT+0.0100%8h9.1290+3.386%$33.5M$42.9M75xas long as short
BingX UNI-USDT+0.0100%8h9.1310+3.409%$57.1Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h9.1210+3.296%$999K$2.4M10xas long as short
Variational Omni UNI+0.0100%8h9.0908+2.954%$4.1M$4.4Mas long as short
edgeX UNIUSDC+0.0100%4h9.1361+3.466%$172K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.1560+3.692%$638K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.1520+3.647%$89K$708K50xas long as short
StandX UNI-USD+0.0100%1h9.1430+3.545%$56K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.1028+3.089%$85K$389K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.1020+3.080%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.1078+3.146%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.1070+3.137%$22K$709K10xas long as short
HTX UNI-USDT+0.0100%8h9.1267+3.360%$720K$4.4M75xas long as short
Phemex UNIUSDT+0.0100%8h9.1130+3.205%$27.5M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.0913+2.959%$26K20xas long as short
Extended UNI-USD+0.0104%1h9.1269+3.362%$305K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h9.1036+3.099%$32K3xas long as short
dYdX UNI-USD+0.0197%1h9.0983+3.038%$244K$24K10xas long as short
BloFin UNI-USDT+0.0220%8h9.0960+3.012%$10.5M$3.6M75xas long as short
Coinbase International UNI-PERP-INTX+0.0272%1h9.0940+2.990%$1.1M$4.8M50xas long as short
Reya UNIRUSDPERPshort+0.0367%1h9.1005+3.063%$17K20x
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0323%1h9.1000+3.058%$576K120xas long as short
Kraken Futures PF_UNIUSD+0.0385%1h9.1111+3.184%$5.1M$7.0M50xas long as short
Hyperliquid UNI+0.0530%1h9.1435+3.550%$100.6M$58.5M10xas long as short
Lighter UNI+0.0952%1h9.1552+3.683%$4.7M$5.4M15xas long as short
Aftermath Perps UNIUSD+0.1058%1h9.1435+3.551%$940$49K10xas long as short