UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.3899%/8h= +426.9% APRnext payment +$38.99 per $10,000 · paid last 24h +0.147%

Price spread now: GRVT against Bitget+0.570%7-day average +0.141% · you sell dearer than you buy

Net, funding: paid 7d − costs−$164as in the Funding arb table

Net, price: spread back to 7d avg − costs−$162as in the Price arb table

costs, in and out, $10k−$2052.053% of the position

Long on Bitget Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.417%+$42 on $10k

Price spread, last 4 days (all we have)−0.805%−$81 · spread now +0.570%, 7d avg +0.141%

Together, before fees−0.388%+ Points / potential airdropGRVT: Active · farm board−$39 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$117 a day on $10k at the current rate, and GRVT is 0.429% dearer against Bitget than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of +0.141%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.417% in total (about 21.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$38.99 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	17.201	0	get 0.0000% / 8h	7h 01m	$788K	$247K	20x
Short	GRVT UVXY_USDT_Perp	17.299	0.3899	get 0.3899% / 8h	7h 01m	$6K	$147K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.570%Rate

Funding earned: $818.79
Price spread: +0.570% → +0.141%: $42.91
Slippage, 4 orders: −$184.34
Fee Bitget: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $656.36
Costs to cover: 2.053%
Break-even: 1.4 days

Slippage from Bitget: live order book, 55 min ago; GRVT: live order book, 31 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, 55 min ago	10.44 bp	31.2 bp −$31	42.8 bp −$428	doesn't fit	doesn't fit
Sell GRVT live order book, 31 min ago	5.78 bp	52.2 bp −$52	116.9 bp −$1,169	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	17.220	+0.109%	$6K	$1K	20x	as long as short
Gate UVXY_USDT	0.0000%	8h	17.240	+0.227%	$394K	$230K	20x	as long as short
Bitget UVXYUSDTlong	0.0000%	8h	17.201	long leg	$788K	$247K	20x
SunX UVXY-USDT	0.0000%	8h	17.240	+0.227%	$902	$328K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.240	+0.227%	$1.2M	$124K	10x	as long as short
Bybit UVXYUSDT	+0.0810%	8h	17.260	+0.343%	$1.1M	$185K	25x	as long as short
OKX UVXY-USDT-SWAP	+0.1005%	8h	17.230	+0.169%	$391K	$369K	20x	as long as short
KuCoin UVXYUSDTM	+0.1173%	8h	17.240	+0.227%	$161K	$865K	20x	as long as short
Variational Omni UVXY	+0.1385%	8h	17.292	+0.530%	$97K	$6K	—	as long as short
MEXC UVXY_USDT	+0.1503%	8h	17.220	+0.110%	$883K	$87K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UVXYUSDT	+0.1508%	8h	17.240	+0.227%	$2.1M	$1.6M	20x	as long as short
BloFin UVXY-USDT	+0.1515%	8h	17.240	+0.227%	$18K	$4K	20x	as long as short
HTX UVXY-USDT	+0.1688%	8h	17.240	+0.227%	$11K	$3K	10x	as long as short
GRVT UVXY_USDT_Perpshort	+0.3899%	8h	17.299	+0.570%	$6K	$147K	10x