Funding you earn now, next payment 08:00 UTC−0.0115%/8h= −12.6% APRnext payment −$1.15 per $10,000 · paid last 24h −0.037%
Price spread now: SunX against Binance−0.023%7-day average −0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$2012.013% of the position
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 4 days (all we have)−0.172%−$17 · spread now −0.023%, 7d avg −0.110%
=The price spread pays, funding is against you. SunX is 0.087% dearer against Binance than usual: you sell high and buy low (spread −0.023% now, against its 7-day average of −0.110%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.133%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance UVXYUSDT | 17.254 | 0.0115 | pay 0.0115% / 8h | 1h 28m | $1.8M | $1.2M | 20x |
| Short | SunX UVXY-USDT | 17.250 | 0 | get 0.0000% / 8h | 1h 28m | $1K | $291K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$24.23
- Price spread: −0.023% → −0.110%
- $8.74
- Slippage, 4 orders
- −$183.29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$216.79
- Costs to cover
- 2.013%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; SunX: live order book, 32 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, 5 min ago | 2.90 bp | 7.9 bp −$8 | 53.2 bp −$532 | doesn't fit | doesn't fit |
| Sell SunX live order book, 32 min ago | 49.23 bp | 84.5 bp −$85 | 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 | 17.243 | −0.061% | $6K | $1K | 20x | as long as short |
| Bybit UVXYUSDT | 0.0000% | 8h | 17.280 | +0.151% | $1.1M | $195K | 25x | as long as short |
| OKX UVXY-USDT-SWAP | 0.0000% | 8h | 17.260 | +0.035% | $360K | $322K | 20x | as long as short |
| Gate UVXY_USDT | 0.0000% | 8h | 17.260 | +0.035% | $374K | $205K | 20x | as long as short |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.241 | −0.075% | $786K | $248K | 20x | as long as short |
| SunX UVXY-USDTshort | 0.0000% | 8h | 17.250 | −0.023% | $1K | $291K | 10x | |
| HTX UVXY-USDT | 0.0000% | 8h | 17.290 | +0.209% | $11K | $3K | 10x | as long as short |
| Phemex UVXYUSDT | 0.0000% | 8h | 17.260 | +0.035% | $1.3M | $93K | 10x | as long as short |
| Variational Omni UVXY | +0.0001% | 8h | 17.252 | −0.011% | $97K | $9K | — | as long as short |
| BloFin UVXY-USDT | +0.0090% | 8h | 17.250 | −0.023% | $60K | $3K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin UVXYUSDTM | +0.0100% | 8h | 17.290 | +0.209% | $167K | $776K | 20x | as long as short |
| MEXC UVXY_USDT | +0.0113% | 8h | 17.240 | −0.081% | $885K | $148K | 20x | as long as short |
| Binance UVXYUSDTlong | +0.0115% | 8h | 17.254 | long leg | $1.8M | $1.2M | 20x | |
| GRVT UVXY_USDT_Perp | +0.0470% | 8h | 17.259 | +0.032% | $6K | $155K | 10x | as long as short |
Binance UVXYUSDT
SunX UVXY-USDT
Aster UVXYUSDT
Bybit UVXYUSDT
OKX UVXY-USDT-SWAP
Gate UVXY_USDT
Bitget UVXYUSDT
HTX UVXY-USDT
Phemex UVXYUSDT
Variational Omni UVXY
BloFin UVXY-USDT
KuCoin UVXYUSDTM
MEXC UVXY_USDT
GRVT UVXY_USDT_Perp