Funding you earn now, next payment 16:00 UTC−0.1588%/8h= −173.9% APRnext payment −$15.88 per $10,000 · paid last 24h −0.089%
Price spread now: Bitget against Binance−0.110%7-day average −0.158% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1151.154% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 7 days−0.147%−$15 · spread now −0.110%, 7d avg −0.158%
=The price spread pays, funding is against you. Bitget is 0.048% dearer against Binance than usual: you sell high and buy low (spread −0.110% now, against its 7-day average of −0.158%): +$5 on $10k if it goes back. Holding the pair costs −$48 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.138% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.138% in total (about -7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$15.88 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance UVXYUSDT | 17.220 | 0.1588 | pay 0.1588% / 8h | 6h 19m | $2.1M | $1.6M | 20x |
| Short | Bitget UVXYUSDT | 17.201 | 0 | get 0.0000% / 8h | 6h 19m | $788K | $240K | 20x |
Binance UVXYUSDT
Bitget UVXYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$333.47
- Price spread: −0.110% → −0.158%
- $4.78
- Slippage, 4 orders
- −$93.38
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$444.07
- Costs to cover
- 1.154%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Bitget: live order book, 29 min ago.
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 Binance live order book, 8 min ago | 2.90 bp | 22.6 bp −$23 | 87.3 bp −$873 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 29 min ago | 14.51 bp | 53.6 bp −$54 | 87.2 bp −$872 | doesn't fit | doesn't fit |
UVXY on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster UVXYUSDT | 0.0000% | 8h | 17.220 | 0.000% | $6K | $1K | 20x | as long as short |
| Gate UVXY_USDT | 0.0000% | 8h | 17.240 | +0.116% | $394K | $220K | 20x | as long as short |
| Bitget UVXYUSDTshort | 0.0000% | 8h | 17.201 | −0.110% | $788K | $240K | 20x | |
| SunX UVXY-USDT | 0.0000% | 8h | 17.220 | 0.000% | $1K | $334K | 10x | as long as short |
| HTX UVXY-USDT | 0.0000% | 8h | 17.230 | +0.058% | $11K | $3K | 10x | as long as short |
| Phemex UVXYUSDT | 0.0000% | 8h | 17.220 | 0.000% | $1.2M | $125K | 10x | as long as short |
| Bybit UVXYUSDT | +0.0309% | 8h | 17.250 | +0.174% | $1.1M | $184K | 25x | as long as short |
| OKX UVXY-USDT-SWAP | +0.1138% | 8h | 17.240 | +0.116% | $391K | $365K | 20x | as long as short |
| KuCoin UVXYUSDTM | +0.1174% | 8h | 17.250 | +0.174% | $151K | $935K | 20x | as long as short |
| Variational Omni UVXY | +0.1510% | 8h | 17.226 | +0.038% | $97K | $6K | — | as long as short |
Aster UVXYUSDT
Gate UVXY_USDT
SunX UVXY-USDT
HTX UVXY-USDT
Phemex UVXYUSDT
Bybit UVXYUSDT
OKX UVXY-USDT-SWAP
KuCoin UVXYUSDTM
Variational Omni UVXYShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin UVXY-USDT | +0.1585% | 8h | 17.230 | +0.058% | $63K | $4K | 20x | as long as short |
| MEXC UVXY_USDT | +0.1587% | 8h | 17.210 | −0.058% | $883K | $86K | 20x | as long as short |
| Binance UVXYUSDTlong | +0.1588% | 8h | 17.220 | long leg | $2.1M | $1.6M | 20x | |
| GRVT UVXY_USDT_Perp | +0.2448% | 8h | 17.230 | +0.058% | $6K | $144K | 10x | as long as short |
BloFin UVXY-USDT
MEXC UVXY_USDT
GRVT UVXY_USDT_Perp