Funding you earn now, next payment 11:00 UTC−0.0286%/8h= −31.3% APRpaid last 24h −0.096%
Price spread now: Bybit against Reya−0.023%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bybit is 0.023% cheaper against Reya than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya UNIRUSDPERP | 8.8280 | 0.0386 | pay 0.0048% / 1h | 55m 13s | $16K | — | 20x |
| Short | Bybit UNIUSDT | 8.8260 | 0.0100 | get 0.0100% / 8h | 5h 55m | $97.7M | $97.4M | 75x |
Reya UNIRUSDPERP
Bybit UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$60.04
- Price spread: −0.023% → 0.000%
- −$2.3
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$79.34
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Bybit: live order book, 2 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 0.57 bp | 7.9 bp −$8 | 16.6 bp −$166 | 37.6 bp −$3,756 | doesn't fit |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.8336 | +0.063% | $584K | $217K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.8410 | +0.147% | $76K | — | 150x | as long as short |
| Nado UNI-PERP | +0.0026% | 1h | 8.8310 | +0.034% | $704K | $3.9M | 10x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | +0.022% | $660 | $147K | 12x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8411 | +0.148% | $4.4M | $4.8M | 15x | as long as short |
| 01 Exchange UNIUSD | +0.0096% | 1h | 8.8352 | +0.081% | $441 | $56 | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8311 | +0.035% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8329 | +0.056% | $742K | $2.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8360 | +0.090% | $287K | $467K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8290 | +0.011% | $214.2M | $569.0M | 75x | as long as short |
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
Nado UNI-PERP
Injective UNI/USDC PERP
Lighter UNI
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDTShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit UNIUSDTshort | +0.0100% | 8h | 8.8260 | −0.023% | $97.7M | $97.4M | 75x | |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8260 | −0.023% | $54.6M | $228.1M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8420 | +0.158% | $324K | $525K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8310 | +0.034% | $27.8M | $54.7M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8280 | 0.000% | $46.1M | $20.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8300 | +0.022% | $12.9M | $11.2M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8270 | −0.012% | $32.9M | $42.4M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8300 | +0.022% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8402 | +0.138% | $1.1M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8262 | −0.020% | $4.1M | $2.7M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8372 | +0.103% | $167K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8402 | +0.138% | $617K | $2.3M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8490 | +0.238% | $89K | $712K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8330 | +0.056% | $93K | $3.5M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8322 | +0.047% | $105K | $574K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8290 | +0.011% | $16K | $2.5M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8390 | +0.124% | $36K | $1.2M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8260 | −0.023% | $32K | $724K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8424 | +0.163% | $698K | $4.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8270 | −0.012% | $26.6M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8241 | −0.045% | $299K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8300 | +0.022% | $31K | — | 3x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0131% | 1h | 8.8337 | +0.065% | $4.7M | $7.7M | 50x | as long as short |
| Hyperliquid UNI | +0.0217% | 1h | 8.8443 | +0.184% | $95.2M | $61.7M | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8290 | +0.011% | $10.0M | $3.4M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0240% | 1h | 8.8470 | +0.215% | $924K | $4.4M | 50x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8287 | +0.007% | $628K | — | 120x | as long as short |
| Reya UNIRUSDPERPlong | +0.0386% | 1h | 8.8280 | long leg | $16K | — | 20x | |
| Aftermath Perps UNIUSD | +0.0575% | 1h | 8.8424 | +0.163% | $1K | $49K | 10x | as long as short |
| dYdX UNI-USD | +0.0713% | 1h | 8.8348 | +0.077% | $231K | $32K | 10x | as long as short |
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Kraken Futures PF_UNIUSD
Hyperliquid UNI
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD
dYdX UNI-USD