Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0271%/8h= +29.7% APRpaid last 24h +0.074%

Price spread now: Reya against Gate−0.045%7-day average — · you buy dearer than you sell

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

Long on Gate 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 0.045% cheaper against Gate than usual: you would sell low and buy high (spread −0.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UNI_USDT	9.1450	0.0100	pay 0.0100% / 8h	5h 08m	$23.4M	$62.0M	75x
Short	Reya UNIRUSDPERP	9.1409	0.0371	get 0.0046% / 1h	8m 52s	$17K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Gate. 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 GatebpFee ReyabpOrdersPrice spread, now −0.045%Rate

Funding earned: $56.89
Price spread: −0.045% → 0.000%: −$4.47
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Reya: 3 bp × 2 orders: −$6
Net: $31.42
Costs to cover: 0.210%
Break-even: 3.1 days

Slippage unknown: Gate: live order book, 5 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 Gate live order book, 5 min ago	1.63 bp	15.6 bp −$16	25.4 bp −$254	51.8 bp −$5,182	76.0 bp −$38.0K
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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.1477	+0.030%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.445%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.1537	+0.095%	$457	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1415	−0.038%	$953K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1528	+0.085%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1408	−0.046%	$298K	$580K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1488	+0.042%	$227.1M	$622.4M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1420	−0.033%	$102.8M	$110.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1440	−0.011%	$56.7M	$257.5M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1590	+0.153%	$290K	$618K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDTlong	+0.0100%	8h	9.1450	long leg	$23.4M	$62.0M	75x
MEXC UNI_USDT	+0.0100%	8h	9.1510	+0.066%	$49.3M	$25.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1500	+0.055%	$13.7M	$13.0M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1440	−0.011%	$33.5M	$43.5M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.1440	−0.011%	—	$56.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1513	+0.069%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1627	+0.194%	$4.3M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1809	+0.392%	$173K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1990	+0.590%	$640K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.2110	+0.722%	$90K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.2020	+0.623%	$57K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1502	+0.057%	$87K	$419K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1490	+0.044%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1535	+0.093%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1500	+0.055%	$22K	$772K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1695	+0.268%	$723K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1500	+0.055%	$27.7M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1463	+0.014%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1421	−0.032%	$312K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1386	−0.070%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0121%	1h	9.1413	−0.040%	$241K	$31K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0216%	1h	9.1548	+0.107%	$586K	$193K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1490	+0.044%	$10.5M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	9.1573	+0.134%	$5.1M	$7.7M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.1470	+0.022%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERPshort	+0.0371%	1h	9.1409	−0.045%	$17K	—	20x
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1487	+0.041%	$651K	—	120x	as long as short
Hyperliquid UNI	+0.0553%	1h	9.1651	+0.220%	$100.0M	$61.6M	10x	as long as short
Lighter UNI	+0.0560%	1h	9.1649	+0.218%	$4.7M	$5.8M	15x	as long as short
Aftermath Perps UNIUSD	+0.1035%	1h	9.1909	+0.502%	$923	$47K	10x	as long as short