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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0187%/8h= −20.4% APRnext payment $0.23 per $10,000 · paid last 24h −0.039%
Price spread now: Coinbase International against Reya+0.227%48s7-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
The price spread pays, funding is against you. Coinbase International is 0.227% dearer against Reya than usual: you sell high and buy low (spread +0.227% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.0 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya UNIRUSDPERP8.91780.0379pay 0.0047% / 1h23m 24s$16K20x
ShortCoinbase International UNI-PERP-INTX8.93800.0192get 0.0024% / 1h23m 24s$931K$5.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$39.21
Price spread: +0.227% → 0.000%
$22.68
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$32.53
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 6 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 Coinbase International live order book, 6 min ago5.05 bp11.1 bp −$1116.0 bp −$16042.2 bp −$4,222doesn'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
Polymarket Perps UNI-USD−0.0146%1h8.9186+0.009%$107K$618K10xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.9436+0.290%$4.7M$8.7M50xas long as short
01 Exchange UNIUSD−0.0016%1h8.9250+0.081%$445$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9419+0.271%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.984%$660$153K12xas long as short
Nado UNI-PERP+0.0075%1h8.9190+0.014%$739K$4.7M10xas long as short
Lighter UNI+0.0096%1h8.9443+0.297%$4.5M$5.7M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9290+0.125%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.9265+0.097%$731K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.9336+0.178%$286K$590K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9220+0.047%$215.4M$659.0M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9200+0.025%$99.1M$111.7M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9230+0.059%$54.2M$266.3M50xas long as short
Arcus UNI-USD+0.0100%1h8.9320+0.160%$319K$696K10xas long as short
Gate UNI_USDT+0.0100%8h8.9230+0.059%$25.1M$66.6M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9230+0.059%$49.1M$26.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9210+0.036%$13.1M$13.4M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9230+0.059%$32.6M$45.4M75xas long as short
BingX UNI-USDC+0.0100%8h8.9230+0.059%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9483+0.342%$1.1M$2.5M10xas long as short
Variational Omni UNI+0.0100%8h8.9369+0.215%$4.1M$4.3Mas long as short
edgeX UNIUSDC+0.0100%4h8.9114−0.072%$169K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9127−0.056%$624K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9190+0.014%$90K$710K50xas long as short
StandX UNI-USD+0.0100%1h8.9460+0.317%$15K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9220+0.047%$16K$1.9M10xas long as short
SunX UNI-USDT+0.0100%8h8.9291+0.127%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9395+0.244%$32K$886K10xas long as short
HTX UNI-USDT+0.0100%8h8.9376+0.222%$699K$4.8M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9370+0.216%$27.0M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.9253+0.084%$293K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9236+0.065%$32K3xas long as short
Deribit UNI_USDC-PERPETUAL+0.0150%1h8.9443+0.297%$589K$250K50xas long as short
Hyperliquid UNI+0.0187%1h8.9317+0.156%$94.9M$67.5M10xas long as short
Coinbase International UNI-PERP-INTXshort+0.0192%1h8.9380+0.227%$931K$5.5M50x
BloFin UNI-USDT+0.0220%8h8.9330+0.171%$10.0M$3.6M75xas long as short
dYdX UNI-USD+0.0247%1h8.9377+0.223%$235K$31K10xas long as short
Reya UNIRUSDPERPlong+0.0379%1h8.9178long leg$16K20x
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.9367+0.213%$635K120xas long as short
Aftermath Perps UNIUSD+0.0477%1h8.9296+0.133%$992$53K10xas long as short