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

UNI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0345%/8h= +37.7% APRpaid last 24h +0.106%
Price spread now: Reya against Bybit+0.050%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 0.050% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit UNIUSDT8.95200.0018pay 0.0018% / 8h1h 05m$102.2M$104.8M75x
ShortReya UNIRUSDPERP8.95650.0363get 0.0045% / 1h5m 47s$16K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Bybit. 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
$72.37
Price spread: +0.050% → 0.000%
$4.99
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Reya: 3 bp × 2 orders
−$6
Net
$60.37
Costs to cover
0.170%
Break-even
1.2 days
Slippage unknown: Bybit: live order book, 8 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 8 min ago0.56 bp8.8 bp −$912.7 bp −$12734.1 bp −$3,414doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni UNI−0.0038%8h8.9363−0.175%$4.0M$4.6Mas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0004%1h8.9603+0.093%$62K150xas long as short
Bybit UNIUSDTlong+0.0018%8h8.9520long leg$102.2M$104.8M75x
Injective UNI/USDC PERP+0.0033%1h8.8300−1.363%$660$155K12xas long as short
OKX UNI-USDT-SWAP+0.0057%8h8.9540+0.022%$55.4M$247.5M50xas long as short
01 Exchange UNIUSD+0.0080%1h8.9627+0.120%$44710xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9531+0.013%$26K20xas long as short
Nado UNI-PERP+0.0100%1h8.9515−0.006%$947K$4.1M10xas long as short
Aster UNIUSDT+0.0100%8h8.9603+0.092%$1.0M$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.9492−0.032%$298K$584K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9550+0.034%$220.4M$591.1M75xas long as short
Arcus UNI-USD+0.0100%1h8.9620+0.112%$276K$621K10xas long as short
Gate UNI_USDT+0.0100%8h8.9550+0.034%$23.1M$59.0M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9500−0.022%$43.2M$24.6M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9470−0.056%$13.6M$13.8M75xas long as short
Bitget UNIUSDT+0.0100%8h8.95200.000%$32.4M$41.3M75xas long as short
BingX UNI-USDC+0.0100%8h8.9530+0.011%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9602+0.092%$995K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.9326−0.217%$168K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9280−0.268%$628K$2.5M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9300−0.246%$88K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.9380−0.156%$107K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9609+0.099%$87K$356K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9580+0.067%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.9654+0.150%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9551+0.035%$25K$663K10xas long as short
HTX UNI-USDT+0.0100%8h8.9726+0.230%$734K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9570+0.056%$27.0M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.9432−0.099%$302K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9607+0.098%$32K$1K3xas long as short
dYdX UNI-USD+0.0121%1h8.9467−0.059%$248K$6K10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0123%1h8.9607+0.097%$569K$157K50xas long as short
BloFin UNI-USDT+0.0220%8h8.9380−0.156%$9.9M$3.4M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.9580+0.067%$1.1M$5.3M50xas long as short
Kraken Futures PF_UNIUSD+0.0338%1h8.9610+0.100%$5.0M$7.0M50xas long as short
Reya UNIRUSDPERPshort+0.0363%1h8.9565+0.050%$16K20x
GMX UNI/USD [UNI-USDC]L +0.0380% / S −0.0320%1h8.9618+0.109%$562K120xas long as short
Hyperliquid UNI+0.0449%1h8.9684+0.183%$98.8M$59.3M10xas long as short
Lighter UNI+0.0656%1h8.9772+0.282%$4.6M$5.2M15xas long as short
Aftermath Perps UNIUSD+0.0668%1h8.9322−0.221%$1K$49K10xas long as short