Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0159%/8h= +17.4% APRpaid last 24h +0.043%

Price spread now: Reya against BloFin−0.071%7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Reya

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

Funding pays, the price is against you. Reya is 0.071% cheaper against BloFin than usual: you would sell low and buy high (spread −0.071% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 36 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin UNI-USDT	8.9180	0.0220	pay 0.0220% / 8h	1h 21m	$10.0M	$3.6M	75x
Short	Reya UNIRUSDPERP	8.9117	0.0379	get 0.0047% / 1h	21m 10s	$16K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against BloFin. 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 BloFinbpFee ReyabpOrdersPrice spread, now −0.071%Rate

Funding earned: $33.35
Price spread: −0.071% → 0.000%: −$7.11
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: $8.24
Costs to cover: 0.180%
Break-even: 5.3 days

Slippage unknown: BloFin: live order book, 3 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 BloFin live order book, 3 min ago	0.56 bp	10.2 bp −$10	18.2 bp −$182	44.6 bp −$4,461	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
Polymarket Perps UNI-USD	−0.0132%	1h	8.9144	−0.040%	$107K	$618K	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.9191	+0.012%	$4.7M	$8.6M	50x	as long as short
01 Exchange UNIUSD	−0.0016%	1h	8.9173	−0.008%	$445	$5	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9205	+0.028%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.987%	$660	$153K	12x	as long as short
Nado UNI-PERP	+0.0066%	1h	8.9155	−0.028%	$740K	$4.7M	10x	as long as short
Lighter UNI	+0.0096%	1h	8.9245	+0.073%	$4.5M	$5.7M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9224	+0.049%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9190	+0.012%	$731K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9275	+0.106%	$285K	$590K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.9134	−0.051%	$215.3M	$658.7M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9110	−0.078%	$99.0M	$111.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9110	−0.078%	$54.1M	$265.8M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9250	+0.078%	$318K	$696K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9160	−0.022%	$25.1M	$66.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9160	−0.022%	$49.0M	$26.6M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9150	−0.034%	$13.0M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9120	−0.067%	$32.6M	$45.4M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9130	−0.056%	—	$57.3M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9203	+0.026%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9369	+0.212%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9258	+0.088%	$169K	$346K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9241	+0.068%	$624K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9260	+0.090%	$90K	$711K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9220	+0.045%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9180	0.000%	$16K	$1.9M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9251	+0.080%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9130	−0.056%	$32K	$886K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9320	+0.157%	$699K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9100	−0.090%	$26.9M	$4.5M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0103%	1h	8.9225	+0.050%	$588K	$250K	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9144	−0.041%	$293K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9165	−0.017%	$32K	—	3x	as long as short
Hyperliquid UNI	+0.0185%	1h	8.9272	+0.103%	$94.9M	$67.5M	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0192%	1h	8.9250	+0.078%	$930K	$5.5M	50x	as long as short
BloFin UNI-USDTlong	+0.0220%	8h	8.9180	long leg	$10.0M	$3.6M	75x
dYdX UNI-USD	+0.0263%	1h	8.9235	+0.062%	$235K	$31K	10x	as long as short
Reya UNIRUSDPERPshort	+0.0379%	1h	8.9117	−0.071%	$16K	—	20x
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9142	−0.043%	$634K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0484%	1h	8.9275	+0.107%	$1K	$53K	10x	as long as short