Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.007%
Price spread now: KuCoin against Binance+0.177%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$788as in the Funding arb table
Net, price: spread back to 7d avg − costs−$778as in the Price arb table
costs, in and out, $10k−$8028.018% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.177%, 7d avg −0.062%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.238% dearer against Binance than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance UVXYUSDT | 17.260 | 0 | get 0.0000% / 8h | 2h 10m | $1.8M | $1.2M | 20x |
| Short | KuCoin UVXYUSDTM | 17.290 | 0.0100 | get 0.0100% / 8h | 2h 10m | $167K | $738K | 20x |
Binance UVXYUSDT
KuCoin UVXYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: +0.177% → −0.062%
- $23.82
- Slippage, 4 orders
- −$779.76
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$756.95
- Costs to cover
- 8.018%
- Break-even
- 259.3 days
Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 49 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 | 5.79 bp | 28.1 bp −$28 | 85.2 bp −$852 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 49 min ago | 8.66 bp | 361.3 bp −$361 | doesn't fit | doesn't fit | doesn't fit |
UVXY on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster UVXYUSDT | 0.0000% | 8h | 17.247 | −0.075% | $6K | $1K | 20x | as long as short |
| Binance UVXYUSDTlong | 0.0000% | 8h | 17.260 | long leg | $1.8M | $1.2M | 20x | |
| Bybit UVXYUSDT | 0.0000% | 8h | 17.260 | +0.003% | $1.1M | $191K | 25x | as long as short |
| OKX UVXY-USDT-SWAP | 0.0000% | 8h | 17.280 | +0.119% | $360K | $330K | 20x | as long as short |
| Gate UVXY_USDT | 0.0000% | 8h | 17.270 | +0.061% | $370K | $204K | 20x | as long as short |
| MEXC UVXY_USDT | 0.0000% | 8h | 17.250 | −0.055% | $880K | $148K | 20x | as long as short |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.243 | −0.096% | $786K | $253K | 20x | as long as short |
| Variational Omni UVXY | 0.0000% | 8h | 17.257 | −0.015% | $98K | $8K | — | as long as short |
| SunX UVXY-USDT | 0.0000% | 8h | 17.250 | −0.055% | $1K | $284K | 10x | as long as short |
| HTX UVXY-USDT | 0.0000% | 8h | 17.320 | +0.350% | $11K | $3K | 10x | as long as short |
Aster UVXYUSDT
Bybit UVXYUSDT
OKX UVXY-USDT-SWAP
Gate UVXY_USDT
MEXC UVXY_USDT
Bitget UVXYUSDT
Variational Omni UVXY
SunX UVXY-USDT
HTX UVXY-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex UVXYUSDT | 0.0000% | 8h | 17.270 | +0.061% | $1.3M | $91K | 10x | as long as short |
| BloFin UVXY-USDT | +0.0003% | 8h | 17.250 | −0.055% | $17K | $3K | 20x | as long as short |
| KuCoin UVXYUSDTMshort | +0.0100% | 8h | 17.290 | +0.177% | $167K | $738K | 20x | |
| GRVT UVXY_USDT_Perp | +0.0222% | 8h | 17.270 | +0.062% | $7K | $153K | 10x | as long as short |
Phemex UVXYUSDT
BloFin UVXY-USDT
GRVT UVXY_USDT_Perp