Funding you earn now, next payment 22:00 UTC−0.0139%/8h= −15.2% APRnext payment −$0.17 per $10,000 · paid last 24h −0.054%
Price spread now: Coinbase International against Reya+0.073%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Coinbase International is 0.073% dearer against Reya than usual: you sell high and buy low (spread +0.073% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 42 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya UNIRUSDPERP | 8.9605 | 0.0363 | pay 0.0045% / 1h | 5m 11s | $16K | — | 20x |
| Short | Coinbase International UNI-PERP-INTX | 8.9670 | 0.0224 | get 0.0028% / 1h | 5m 11s | $1.1M | $5.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$29.13
- Price spread: +0.073% → 0.000%
- $7.29
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$37.84
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 4 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 Coinbase International live order book, 4 min ago | 4.48 bp | 15.5 bp −$15 | 19.9 bp −$199 | 57.6 bp −$5,760 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0030% | 8h | 8.9413 | −0.214% | $4.0M | $4.6M | — | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.9634 | +0.032% | $62K | — | 150x | as long as short |
| Bybit UNIUSDT | +0.0019% | 8h | 8.9600 | −0.005% | $102.3M | $104.8M | 75x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −1.456% | $660 | $155K | 12x | as long as short |
| OKX UNI-USDT-SWAP | +0.0059% | 8h | 8.9610 | +0.006% | $55.4M | $247.7M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0080% | 1h | 8.9688 | +0.093% | $448 | — | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9611 | +0.007% | $26K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9567 | −0.042% | $947K | $4.1M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9684 | +0.088% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9605 | 0.000% | $298K | $584K | 10x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.9570 | −0.039% | $220.5M | $591.1M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9720 | +0.129% | $277K | $621K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9570 | −0.039% | $23.1M | $59.0M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9570 | −0.039% | $43.3M | $24.6M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9570 | −0.039% | $13.6M | $13.8M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9530 | −0.083% | $32.4M | $41.3M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.9530 | −0.083% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9633 | +0.032% | $995K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9307 | −0.332% | $168K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9280 | −0.362% | $628K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9370 | −0.262% | $88K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9380 | −0.251% | $107K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9654 | +0.055% | $87K | $356K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9640 | +0.039% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9692 | +0.097% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9590 | −0.016% | $25K | $663K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0100% | 1h | 8.9678 | +0.082% | $570K | $157K | 50x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9714 | +0.122% | $734K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9610 | +0.006% | $27.0M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9603 | −0.002% | $302K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9742 | +0.153% | $32K | $1K | 3x | as long as short |
| dYdX UNI-USD | +0.0119% | 1h | 8.9557 | −0.054% | $248K | $6K | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9620 | +0.017% | $9.9M | $3.4M | 75x | as long as short |
| Coinbase International UNI-PERP-INTXshort | +0.0224% | 1h | 8.9670 | +0.073% | $1.1M | $5.4M | 50x | |
| Kraken Futures PF_UNIUSD | +0.0338% | 1h | 8.9660 | +0.061% | $5.0M | $7.0M | 50x | as long as short |
| Reya UNIRUSDPERPlong | +0.0363% | 1h | 8.9605 | long leg | $16K | — | 20x | |
| GMX UNI/USD [UNI-USDC] | L +0.0380% / S −0.0320% | 1h | 8.9633 | +0.032% | $563K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0451% | 1h | 8.9698 | +0.104% | $98.8M | $59.3M | 10x | as long as short |
| Lighter UNI | +0.0656% | 1h | 8.9782 | +0.198% | $4.6M | $5.2M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0663% | 1h | 8.9393 | −0.236% | $1K | $49K | 10x | as long as short |
Coinbase International UNI-PERP-INTX
Variational Omni UNI
gTrade (Gains Network) UNI/USD
Bybit UNIUSDT
Injective UNI/USDC PERP
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
Deribit UNI_USDC-PERPETUAL
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Lighter UNI
Aftermath Perps UNIUSD