Settings8H · net · $10k
Funding arb · Price arb /

UVXY

RWAall UVXY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bitget+0.284%7-day average +0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$851as in the Funding arb table
Net, price: spread back to 7d avg − costs−$852as in the Price arb table
costs, in and out, $10k−$8678.671% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.158%+$16 on $10k
Price spread, last 4 days (all we have)−0.195%−$19 · spread now +0.284%, 7d avg +0.128%
Together, before fees−0.037%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.156% dearer against Bitget than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.128%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget UVXYUSDT17.2410get 0.0000% / 8h1h 27m$786K$248K20x
ShortKuCoin UVXYUSDTM17.2900.0100get 0.0100% / 8h1h 27m$167K$776K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: +0.284% → +0.128%
$15.58
Slippage, 4 orders
−$843.08
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$830.5
Costs to cover
8.671%
Break-even
283.8 days
Slippage from Bitget: live order book, 39 min ago; KuCoin: live order book, 27 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 39 min ago14.78 bp25.5 bp −$2558.3 bp −$583doesn't fitdoesn't fit
Sell KuCoin live order book, 27 min ago11.55 bp427.7 bp −$428doesn't fitdoesn't fitdoesn't fit

UVXY on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster UVXYUSDT0.0000%8h17.243+0.010%$6K$1K20xas long as short
Bybit UVXYUSDT0.0000%8h17.280+0.226%$1.1M$195K25xas long as short
OKX UVXY-USDT-SWAP0.0000%8h17.260+0.110%$360K$322K20xas long as short
Gate UVXY_USDT0.0000%8h17.260+0.110%$374K$205K20xas long as short
Bitget UVXYUSDTlong0.0000%8h17.241long leg$786K$248K20x
SunX UVXY-USDT0.0000%8h17.250+0.052%$1K$291K10xas long as short
HTX UVXY-USDT0.0000%8h17.290+0.284%$11K$3K10xas long as short
Phemex UVXYUSDT0.0000%8h17.260+0.110%$1.3M$93K10xas long as short
Variational Omni UVXY+0.0001%8h17.252+0.064%$97K$9Kas long as short
BloFin UVXY-USDT+0.0090%8h17.250+0.052%$60K$3K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin UVXYUSDTMshort+0.0100%8h17.290+0.284%$167K$776K20x
MEXC UVXY_USDT+0.0115%8h17.250+0.052%$886K$148K20xas long as short
Binance UVXYUSDT+0.0119%8h17.254+0.077%$1.8M$1.2M20xas long as short
GRVT UVXY_USDT_Perp+0.0470%8h17.259+0.107%$6K$155K10xas long as short