UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0954%/8h= +104.4% APRnext payment +$9.54 per $10,000 · paid last 24h +0.089%

Price spread now: Binance against Bitget+0.203%7-day average +0.158% · you sell dearer than you buy

Net, funding: paid 7d − costs−$124as in the Funding arb table

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$1381.377% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.138%+$14 on $10k

Price spread, last 7 days+0.039%+$4 · spread now +0.203%, 7d avg +0.158%

Together, before fees+0.177%+$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Binance is 0.046% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.158%.

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 +$9.54 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget UVXYUSDT	17.225	0	get 0.0000% / 8h	7h 46m	$796K	$238K	20x
Short	Binance UVXYUSDT	17.260	0.0954	get 0.0954% / 8h	7h 46m	$2.1M	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee BinancebpOrdersPrice spread, now +0.203%Rate

Funding earned: $200.31
Price spread: +0.203% → +0.158%: $4.56
Slippage, 4 orders: −$115.68
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: $67.19
Costs to cover: 1.377%
Break-even: 4.7 days

Slippage from Bitget: live order book, 9 min ago; Binance: live order book, 2 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 Bitget live order book, 9 min ago	10.44 bp	31.2 bp −$31	42.8 bp −$428	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	2.90 bp	19.3 bp −$19	44.6 bp −$446	113.1 bp −$11.3K	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	17.224	−0.003%	$6K	$1K	20x	as long as short
Bybit UVXYUSDT	0.0000%	8h	17.260	+0.203%	$1.1M	$183K	25x	as long as short
Gate UVXY_USDT	0.0000%	8h	17.240	+0.087%	$394K	$226K	20x	as long as short
Bitget UVXYUSDTlong	0.0000%	8h	17.225	long leg	$796K	$238K	20x
SunX UVXY-USDT	0.0000%	8h	17.250	+0.145%	$964	$314K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.260	+0.203%	$1.2M	$117K	10x	as long as short
HTX UVXY-USDT	+0.0393%	8h	17.270	+0.261%	$11K	$3K	10x	as long as short
OKX UVXY-USDT-SWAP	+0.0575%	8h	17.250	+0.145%	$390K	$360K	20x	as long as short
KuCoin UVXYUSDTM	+0.0698%	8h	17.260	+0.203%	$161K	$826K	20x	as long as short
Variational Omni UVXY	+0.0829%	8h	17.247	+0.129%	$97K	$7K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC UVXY_USDT	+0.0948%	8h	17.260	+0.203%	$885K	$85K	20x	as long as short
Binance UVXYUSDTshort	+0.0954%	8h	17.260	+0.203%	$2.1M	$1.5M	20x
BloFin UVXY-USDT	+0.0976%	8h	17.270	+0.261%	$62K	$3K	20x	as long as short
GRVT UVXY_USDT_Perp	+0.3142%	8h	17.258	+0.190%	$6K	$151K	10x	as long as short