Funding arb · Price arb /

UVXY

RWAall UVXY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Bitget+0.058%7-day average +0.142% · you sell dearer than you buy

Net, funding: paid 7d − costs−$222as in the Funding arb table

Net, price: spread back to 7d avg − costs−$246as in the Price arb table

costs, in and out, $10k−$2372.371% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.150%+$15 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.058%, 7d avg +0.142%

Together, before fees+0.170%+$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.084% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.142%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget UVXYUSDT	17.250	0	get 0.0000% / 8h	1h 06m	$787K	$240K	20x
Short	Gate UVXY_USDT	17.260	0	get 0.0000% / 8h	1h 06m	$374K	$205K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.058%Rate

Funding earned: $0
Price spread: +0.058% → +0.142%: −$8.45
Slippage, 4 orders: −$210.09
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$245.54
Costs to cover: 2.371%
Break-even: never at this rate

Slippage from Bitget: live order book, 60 min ago; Gate: live order book, 34 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, 60 min ago	14.78 bp	25.5 bp −$25	58.3 bp −$583	doesn't fit	doesn't fit
Sell Gate live order book, 34 min ago	8.68 bp	100.7 bp −$101	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	17.216	−0.195%	$6K	$1K	20x	as long as short
Bybit UVXYUSDT	0.0000%	8h	17.280	+0.174%	$1.1M	$190K	25x	as long as short
OKX UVXY-USDT-SWAP	0.0000%	8h	17.260	+0.058%	$360K	$317K	20x	as long as short
Gate UVXY_USDTshort	0.0000%	8h	17.260	+0.058%	$374K	$205K	20x
Bitget UVXYUSDTlong	0.0000%	8h	17.250	long leg	$787K	$240K	20x
SunX UVXY-USDT	0.0000%	8h	17.250	0.000%	$1K	$287K	10x	as long as short
HTX UVXY-USDT	0.0000%	8h	17.300	+0.290%	$11K	$3K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.260	+0.058%	$1.3M	$93K	10x	as long as short
Variational Omni UVXY	+0.0092%	8h	17.252	+0.010%	$97K	$9K	—	as long as short
KuCoin UVXYUSDTM	+0.0100%	8h	17.290	+0.232%	$166K	$791K	20x	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	+0.0214%	8h	17.240	−0.058%	$885K	$149K	20x	as long as short
Binance UVXYUSDT	+0.0220%	8h	17.254	+0.024%	$1.8M	$1.2M	20x	as long as short
BloFin UVXY-USDT	+0.0237%	8h	17.250	0.000%	$60K	$3K	20x	as long as short
GRVT UVXY_USDT_Perp	+0.0525%	8h	17.259	+0.053%	$7K	$154K	10x	as long as short