Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0279%/8h= +30.5% APRpaid last 24h +0.079%

Price spread now: Reya against MEXC−0.049%7-day average — · you buy dearer than you sell

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

Long on MEXC 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 0.049% cheaper against MEXC than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 14 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	MEXC UNI_USDT	8.8900	0.0100	pay 0.0100% / 8h	1h 15m	$48.9M	$26.6M	200x
Short	Reya UNIRUSDPERP	8.8857	0.0379	get 0.0047% / 1h	15m 12s	$16K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against MEXC. 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 MEXCbpFee ReyabpOrdersPrice spread, now −0.049%Rate

Funding earned: $58.59
Price spread: −0.049% → 0.000%: −$4.85
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Reya: 3 bp × 2 orders: −$6
Net: $43.74
Costs to cover: 0.100%
Break-even: 1.8 days

Slippage unknown: MEXC: live order book, 4 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 MEXC live order book, 4 min ago	0.56 bp	3.5 bp −$3	5.6 bp −$56	15.2 bp −$1,520	129.9 bp −$65.0K
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
Polymarket Perps UNI-USD	−0.0106%	1h	8.8864	−0.040%	$107K	$618K	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.8935	+0.040%	$4.7M	$8.6M	50x	as long as short
01 Exchange UNIUSD	−0.0016%	1h	8.8886	−0.016%	$444	$5	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.8912	+0.013%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.675%	$660	$153K	12x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0036%	1h	8.8931	+0.035%	$586K	$250K	50x	as long as short
Nado UNI-PERP	+0.0057%	1h	8.8870	−0.034%	$739K	$4.7M	10x	as long as short
Lighter UNI	+0.0096%	1h	8.9004	+0.117%	$4.5M	$5.7M	15x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8873	−0.030%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8915	+0.017%	$728K	$3.6M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.8951	+0.057%	$285K	$590K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8860	−0.045%	$214.6M	$657.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8860	−0.045%	$98.6M	$111.3M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8860	−0.045%	$54.0M	$264.8M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8960	+0.067%	$317K	$695K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8890	−0.011%	$25.1M	$66.7M	75x	as long as short
MEXC UNI_USDTlong	+0.0100%	8h	8.8900	long leg	$48.9M	$26.6M	200x
KuCoin UNIUSDTM	+0.0100%	8h	8.8910	+0.011%	$13.0M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8860	−0.045%	$32.5M	$45.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8880	−0.022%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8999	+0.111%	$1.1M	$2.5M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8909	+0.011%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9029	+0.145%	$168K	$347K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9130	+0.259%	$624K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9060	+0.180%	$89K	$709K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8990	+0.101%	$15K	$3.4M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8900	0.000%	$16K	$1.9M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8928	+0.031%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8865	−0.039%	$32K	$887K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8980	+0.090%	$696K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8880	−0.022%	$26.8M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8834	−0.074%	$292K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8877	−0.026%	$32K	—	3x	as long as short
Hyperliquid UNI	+0.0187%	1h	8.9004	+0.117%	$94.6M	$67.5M	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0192%	1h	8.8990	+0.101%	$927K	$5.5M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8940	+0.045%	$10.0M	$3.6M	75x	as long as short
dYdX UNI-USD	+0.0317%	1h	8.8912	+0.014%	$234K	$30K	10x	as long as short
Reya UNIRUSDPERPshort	+0.0379%	1h	8.8857	−0.049%	$16K	—	20x
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.8900	0.000%	$632K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0508%	1h	8.9134	+0.263%	$1K	$53K	10x	as long as short