Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0268%/8h= −29.3% APRpaid last 24h −0.073%

Price spread now: SunX against Reya+0.085%7-day average — · you sell dearer than you buy

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

Long on Reya Short on SunX

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

The price spread pays, funding is against you. SunX is 0.085% dearer against Reya than usual: you sell high and buy low (spread +0.085% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya UNIRUSDPERP	8.9748	0.0368	pay 0.0046% / 1h	39m 18s	$16K	—	20x
Short	SunX UNI-USDT	8.9824	0.0100	get 0.0100% / 8h	6h 39m	$36K	$1.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee ReyabpFee SunXbpOrdersPrice spread, now +0.085%Rate

Funding earned: −$56.23
Price spread: +0.085% → 0.000%: $8.45
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: −$61.78
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; SunX: live order book, 5 min ago. 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 SunX live order book, 5 min ago	13.86 bp	19.4 bp −$19	doesn't fit	doesn't fit	doesn'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.

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	8.9780	+0.036%	$37K	—	150x	as long as short
dYdX UNI-USD	+0.0031%	1h	8.9730	−0.021%	$236K	$30K	10x	as long as short
01 Exchange UNIUSD	+0.0032%	1h	8.9691	−0.064%	$448	—	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.614%	$660	$154K	12x	as long as short
ApeX Omni UNIUSDT	+0.0078%	1h	9.0130	+0.425%	$88K	$706K	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9670	−0.087%	$929K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9868	+0.134%	$97.7M	$59.7M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9737	−0.012%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9690	−0.065%	$293K	$580K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9781	+0.037%	$224.0M	$613.3M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit UNIUSDT	+0.0100%	8h	8.9750	+0.002%	$100.4M	$108.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9740	−0.009%	$55.4M	$253.7M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9760	+0.013%	$284K	$630K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9780	+0.036%	$22.9M	$58.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9780	+0.036%	$49.2M	$25.9M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9780	+0.036%	$13.4M	$13.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9740	−0.009%	$32.9M	$43.1M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9780	+0.036%	—	$57.4M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9574	−0.194%	$977K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9551	−0.220%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0023	+0.307%	$169K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9562	−0.208%	$624K	$2.6M	10x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9280	−0.522%	$55K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9795	+0.052%	$85K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9720	−0.031%	$16K	$1.7M	10x	as long as short
SunX UNI-USDTshort	+0.0100%	8h	8.9824	+0.085%	$36K	$1.3M	30x
SoDEX UNI-USD	+0.0100%	1h	8.9785	+0.041%	$21K	$715K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9680	−0.076%	$713K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9620	−0.143%	$27.0M	$4.6M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9688	−0.067%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9714	−0.038%	$299K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9799	+0.057%	$32K	—	3x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9940	+0.214%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	8.9760	+0.013%	$1.1M	$4.7M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0359%	1h	8.9848	+0.112%	$583K	$200K	50x	as long as short
Reya UNIRUSDPERPlong	+0.0368%	1h	8.9748	long leg	$16K	—	20x
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.9785	+0.041%	$639K	—	120x	as long as short
Lighter UNI	+0.0400%	1h	8.9808	+0.067%	$4.6M	$5.3M	15x	as long as short
Kraken Futures PF_UNIUSD	+0.0427%	1h	8.9816	+0.076%	$5.0M	$6.9M	50x	as long as short
Aftermath Perps UNIUSD	+0.0987%	1h	8.9800	+0.057%	$934	$49K	10x	as long as short