Funding you earn now, next payment 08:00 UTC−0.0347%/8h= −38.0% APRnext payment −$0.43 per $10,000 · paid last 24h +0.080%
Price spread now: Injective against Reya−0.354%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Injective is 0.354% cheaper against Reya than usual: you would sell low and buy high (−$35 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 | Reya UNIRUSDPERP | 8.8614 | 0.0380 | pay 0.0048% / 1h | 36m 45s | $16K | — | 20x |
| Short | Injective UNI/USDC PERP | 8.8300 | 0.0033 | get 0.0004% / 1h | 36m 45s | $660 | $153K | 12x |
Reya UNIRUSDPERP
Injective UNI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Reya. 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
- −$72.86
- Price spread: −0.354% → 0.000%
- −$35.43
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$114.31
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Injective: 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 Reya no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Reya and Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_UNIUSD | −0.0307% | 1h | 8.8646 | +0.036% | $4.7M | $8.6M | 50x | as long as short |
| 01 Exchange UNIUSD | −0.0024% | 1h | 8.8641 | +0.031% | $442 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8657 | +0.048% | $49K | — | 150x | as long as short |
| Nado UNI-PERP | +0.0023% | 1h | 8.8630 | +0.018% | $729K | $4.7M | 10x | as long as short |
| Injective UNI/USDC PERPshort | +0.0033% | 1h | 8.8300 | −0.354% | $660 | $153K | 12x | |
| Deribit UNI_USDC-PERPETUAL | +0.0038% | 1h | 8.8658 | +0.050% | $584K | $251K | 50x | as long as short |
| Polymarket Perps UNI-USD | +0.0071% | 1h | 8.8632 | +0.020% | $105K | $616K | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8745 | +0.148% | $4.4M | $5.6M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8725 | +0.126% | $25K | — | 20x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.8766 | +0.172% | $94.4M | $67.5M | 10x | as long as short |
Kraken Futures PF_UNIUSD
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Nado UNI-PERP
Deribit UNI_USDC-PERPETUAL
Polymarket Perps UNI-USD
Lighter UNI
Paradex UNI-USD-PERP
Hyperliquid UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster UNIUSDT | +0.0100% | 8h | 8.8692 | +0.088% | $726K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8648 | +0.039% | $287K | $600K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8642 | +0.031% | $214.3M | $657.3M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8590 | −0.027% | $98.2M | $111.4M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8590 | −0.027% | $54.2M | $264.3M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8750 | +0.154% | $317K | $701K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8670 | +0.063% | $25.5M | $65.9M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8680 | +0.075% | $48.4M | $26.1M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8710 | +0.108% | $13.0M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8620 | +0.007% | $32.4M | $45.5M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8660 | +0.052% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8727 | +0.128% | $1.1M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.9018 | +0.456% | $4.1M | $4.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8859 | +0.277% | $168K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8843 | +0.259% | $616K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9110 | +0.560% | $90K | $711K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8820 | +0.233% | $15K | $3.4M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8620 | +0.007% | $16K | $2.1M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8790 | +0.199% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8595 | −0.021% | $32K | $889K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8784 | +0.192% | $698K | $4.8M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8620 | +0.007% | $26.8M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8641 | +0.031% | $288K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8553 | −0.069% | $31K | — | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8760 | +0.165% | $924K | $5.4M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8650 | +0.041% | $10.0M | $3.6M | 75x | as long as short |
| Reya UNIRUSDPERPlong | +0.0380% | 1h | 8.8614 | long leg | $16K | — | 20x | |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.8658 | +0.049% | $631K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0411% | 1h | 8.8954 | +0.384% | $985 | $53K | 10x | as long as short |
| dYdX UNI-USD | +0.0592% | 1h | 8.8702 | +0.100% | $234K | $30K | 10x | as long as short |
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD
dYdX UNI-USD