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

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0348%/8h= +38.1% APRnext payment +$0.43 per $10,000 · paid last 24h −0.080%
Price spread now: Reya against Injective+0.503%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 4 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 0.503% dearer against Injective than usual: you sell high and buy low: +$50 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective UNI/USDC PERP8.83000.0033pay 0.0004% / 1h15m 14s$660$153K12x
ShortReya UNIRUSDPERP8.87440.0381get 0.0048% / 1h15m 14s$16K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Injective. 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
$73.02
Price spread: +0.503% → 0.000%
$50.32
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Reya: 3 bp × 2 orders
−$6
Net
$117.32
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample
Sell Reya no order-book sample
Injective and 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
Kraken Futures PF_UNIUSD−0.0306%1h8.8869+0.644%$4.7M$8.6M50xas long as short
01 Exchange UNIUSD−0.0008%1h8.8821+0.590%$443$510xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0005%1h8.8870+0.646%$73K150xas long as short
Injective UNI/USDC PERPlong+0.0033%1h8.8300long leg$660$153K12x
Nado UNI-PERP+0.0039%1h8.8770+0.532%$727K$4.7M10xas long as short
Deribit UNI_USDC-PERPETUAL+0.0056%1h8.8909+0.690%$589K$270K50xas long as short
Polymarket Perps UNI-USD+0.0086%1h8.8795+0.561%$104K$616K10xas long as short
Lighter UNI+0.0096%1h8.8965+0.753%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8859+0.633%$25K20xas long as short
Hyperliquid UNI+0.0100%1h8.8902+0.682%$94.8M$67.7M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster UNIUSDT+0.0100%8h8.8892+0.670%$722K$3.3M50xas long as short
Pacifica UNI+0.0100%1h8.8907+0.688%$288K$591K10xas long as short
Binance UNIUSDT+0.0100%8h8.8860+0.634%$215.2M$652.8M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8830+0.600%$98.4M$110.6M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8840+0.612%$54.4M$262.1M50xas long as short
Arcus UNI-USD+0.0100%1h8.8890+0.668%$317K$690K10xas long as short
Gate UNI_USDT+0.0100%8h8.8840+0.612%$26.2M$66.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8860+0.634%$48.1M$26.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8860+0.634%$12.9M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8810+0.578%$32.5M$45.3M75xas long as short
BingX UNI-USDT+0.0100%8h8.8810+0.578%$58.0Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8768+0.530%$1.1M$2.5M10xas long as short
Variational Omni UNI+0.0100%8h8.8681+0.432%$4.1M$4.1Mas long as short
edgeX UNIUSDC+0.0100%4h8.8824+0.593%$168K$348K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8706+0.460%$615K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8670+0.419%$89K$709K50xas long as short
StandX UNI-USD+0.0100%1h8.8810+0.578%$14K$3.5M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8820+0.589%$16K$2.2M10xas long as short
SunX UNI-USDT+0.0100%8h8.8895+0.674%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8840+0.612%$32K$886K10xas long as short
HTX UNI-USDT+0.0100%8h8.8956+0.743%$702K$4.7M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8800+0.566%$26.8M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.8807+0.574%$286K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8850+0.623%$32K3xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8890+0.668%$925K$5.4M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8880+0.657%$10.0M$3.6M75xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0243%1h8.8868+0.644%$632K120xas long as short
Reya UNIRUSDPERPshort+0.0381%1h8.8744+0.503%$16K20x
Aftermath Perps UNIUSD+0.0401%1h8.8682+0.433%$1K$52K10xas long as short
dYdX UNI-USD+0.0570%1h8.8898+0.677%$234K$30K10xas long as short