Funding you earn now, next payment 01:00 UTC+0.0111%/8h= +12.1% APRnext payment +$0.14 per $10,000 · paid last 24h −0.080%
Price spread now: Deribit against Reya+0.021%49s7-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
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.021% dearer against Reya than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya UNIRUSDPERP | 9.3080 | 0.0366 | pay 0.0046% / 1h | 25m 26s | $17K | — | 20x |
| Short | Deribit UNI_USDC-PERPETUAL | 9.3100 | 0.0477 | get 0.0060% / 1h | 25m 26s | $600K | $178K | 50x |
Reya UNIRUSDPERP
Deribit UNI_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $23.27
- Price spread: +0.021% → 0.000%
- $2.11
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $12.38
- Costs to cover
- 0.130%
- Break-even
- 3.3 days
Slippage unknown: Reya: no order-book sample; Deribit: live order book, 48 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 Deribit live order book, 48 min ago | 7.01 bp | 12.7 bp −$13 | 23.5 bp −$235 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 9.3041 | −0.042% | $50K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −5.136% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0080% | 1h | 9.3130 | +0.053% | $465 | — | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.3100 | +0.021% | $1.0M | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.3210 | +0.139% | $1.1M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.3110 | +0.032% | $310K | $586K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.3112 | +0.034% | $233.8M | $597.7M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.3070 | −0.011% | $105.1M | $107.5M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.3070 | −0.011% | $57.3M | $261.2M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 9.3180 | +0.107% | $277K | $616K | 10x | as long as short |
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USDShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate UNI_USDT | +0.0100% | 8h | 9.3100 | +0.021% | $23.7M | $59.5M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.3110 | +0.032% | $45.3M | $24.1M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.3100 | +0.021% | $13.9M | $13.6M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.3070 | −0.011% | $34.3M | $42.7M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 9.3080 | 0.000% | — | $55.7M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.3002 | −0.084% | $1.0M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.2980 | −0.108% | $4.2M | $4.4M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.2687 | −0.422% | $174K | $343K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.2633 | −0.480% | $647K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.2790 | −0.312% | $91K | $707K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.2770 | −0.333% | $37K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.3159 | +0.084% | $82K | $379K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.2980 | −0.108% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.3107 | +0.029% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.3010 | −0.076% | $22K | $719K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.3085 | +0.005% | $735K | $4.4M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.3000 | −0.086% | $28.0M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.3076 | −0.005% | $27K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.3020 | −0.065% | $311K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.3039 | −0.044% | $33K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0106% | 1h | 9.3081 | +0.001% | $245K | $20K | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 9.2550 | −0.570% | $10.3M | $3.6M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0272% | 1h | 9.3140 | +0.064% | $1.1M | $4.9M | 50x | as long as short |
| Reya UNIRUSDPERPlong | +0.0366% | 1h | 9.3080 | long leg | $17K | — | 20x | |
| Kraken Futures PF_UNIUSD | +0.0377% | 1h | 9.3089 | +0.009% | $5.2M | $7.0M | 50x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0382% / S −0.0323% | 1h | 9.3029 | −0.055% | $588K | — | 120x | as long as short |
| Deribit UNI_USDC-PERPETUALshort | +0.0477% | 1h | 9.3100 | +0.021% | $600K | $178K | 50x | |
| Hyperliquid UNI | +0.0566% | 1h | 9.3259 | +0.192% | $102.8M | $60.7M | 10x | as long as short |
| Aftermath Perps UNIUSD | +0.0965% | 1h | 9.2431 | −0.698% | $1K | $49K | 10x | as long as short |
| Lighter UNI | +0.0992% | 1h | 9.3274 | +0.208% | $4.7M | $5.3M | 15x | as long as short |
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
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
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
dYdX UNI-USD
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Kraken Futures PF_UNIUSD
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Aftermath Perps UNIUSD
Lighter UNI