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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0159%/8h= +17.4% APRnext payment +$0.20 per $10,000 · paid last 24h +0.039%
Price spread now: Reya against Coinbase International−0.021%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. Reya is 0.021% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 11 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International UNI-PERP-INTX8.92900.0216pay 0.0027% / 1h20m 39s$929K$5.8M50x
ShortReya UNIRUSDPERP8.92710.0375get 0.0047% / 1h20m 39s$16K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Coinbase International. 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
$33.31
Price spread: −0.021% → 0.000%
−$2.11
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$15.2
Costs to cover
0.160%
Break-even
3.8 days
Slippage unknown: Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 3 min ago5.60 bp12.7 bp −$1319.4 bp −$19478.7 bp −$7,866doesn'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
01 Exchange UNIUSD0.0000%1h8.9362+0.081%$446$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.9248−0.047%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.109%$660$154K12xas long as short
Deribit UNI_USDC-PERPETUAL+0.0058%1h8.9280−0.011%$572K$208K50xas long as short
Lighter UNI+0.0096%1h8.9319+0.032%$4.5M$5.9M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.9339+0.055%$26K20xas long as short
Nado UNI-PERP+0.0100%1h8.9255−0.039%$943K$4.5M10xas long as short
Hyperliquid UNI+0.0100%1h8.9309+0.021%$94.9M$64.6M10xas long as short
Aster UNIUSDT+0.0100%8h8.9266−0.027%$780K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.9278−0.014%$290K$608K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9351+0.068%$219.4M$648.1M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9330+0.045%$100.2M$111.7M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9330+0.045%$54.2M$261.4M50xas long as short
Arcus UNI-USD+0.0100%1h8.9430+0.157%$320K$664K10xas long as short
Gate UNI_USDT+0.0100%8h8.9360+0.078%$23.8M$64.6M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9250−0.045%$47.4M$26.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9220−0.078%$13.2M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9340+0.056%$32.9M$45.8M75xas long as short
BingX UNI-USDT+0.0100%8h8.9340+0.056%$56.7Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.9236−0.060%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h8.9179−0.124%$4.2M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.9270−0.023%$169K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9410+0.134%$621K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9340+0.056%$91K$701K50xas long as short
StandX UNI-USD+0.0100%1h8.9330+0.045%$15K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9286−0.004%$87K$438K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.9230−0.067%$16K$1.4M10xas long as short
SunX UNI-USDT+0.0100%8h8.9289−0.001%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.9205−0.095%$31K$811K10xas long as short
HTX UNI-USDT+0.0100%8h8.9358+0.076%$700K$4.9M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9180−0.123%$27.0M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.9316+0.029%$289K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h8.9207−0.094%$32K3xas long as short
Coinbase International UNI-PERP-INTXlong+0.0216%1h8.9290long leg$929K$5.8M50x
BloFin UNI-USDT+0.0220%8h8.9170−0.134%$10.2M$3.6M75xas long as short
dYdX UNI-USD+0.0263%1h8.9242−0.054%$235K$30K10xas long as short
Kraken Futures PF_UNIUSD+0.0273%1h8.9226−0.072%$4.9M$8.2M50xas long as short
Reya UNIRUSDPERPshort+0.0375%1h8.9271−0.021%$16K20x
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.9247−0.048%$635K120xas long as short
Aftermath Perps UNIUSD+0.0773%1h8.9428+0.155%$960$45K10xas long as short