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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget UVXYUSDT | 17.241 | 0 | get 0.0000% / 8h | 1h 27m | $786K | $248K | 20x |
| Short | KuCoin UVXYUSDTM | 17.290 | 0.0100 | get 0.0100% / 8h | 1h 27m | $167K | $776K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 39 min ago | 14.78 bp | 25.5 bp −$25 | 58.3 bp −$583 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 27 min ago | 11.55 bp | 427.7 bp −$428 | 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 | +0.010% | $6K | $1K | 20x | as long as short |
| Bybit UVXYUSDT | 0.0000% | 8h | 17.280 | +0.226% | $1.1M | $195K | 25x | as long as short |
| OKX UVXY-USDT-SWAP | 0.0000% | 8h | 17.260 | +0.110% | $360K | $322K | 20x | as long as short |
| Gate UVXY_USDT | 0.0000% | 8h | 17.260 | +0.110% | $374K | $205K | 20x | as long as short |
| Bitget UVXYUSDTlong | 0.0000% | 8h | 17.241 | long leg | $786K | $248K | 20x | |
| SunX UVXY-USDT | 0.0000% | 8h | 17.250 | +0.052% | $1K | $291K | 10x | as long as short |
| HTX UVXY-USDT | 0.0000% | 8h | 17.290 | +0.284% | $11K | $3K | 10x | as long as short |
| Phemex UVXYUSDT | 0.0000% | 8h | 17.260 | +0.110% | $1.3M | $93K | 10x | as long as short |
| Variational Omni UVXY | +0.0001% | 8h | 17.252 | +0.064% | $97K | $9K | — | as long as short |
| BloFin UVXY-USDT | +0.0090% | 8h | 17.250 | +0.052% | $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 UVXYUSDTMshort | +0.0100% | 8h | 17.290 | +0.284% | $167K | $776K | 20x | |
| MEXC UVXY_USDT | +0.0115% | 8h | 17.250 | +0.052% | $886K | $148K | 20x | as long as short |
| Binance UVXYUSDT | +0.0119% | 8h | 17.254 | +0.077% | $1.8M | $1.2M | 20x | as long as short |
| GRVT UVXY_USDT_Perp | +0.0470% | 8h | 17.259 | +0.107% | $6K | $155K | 10x | as long as short |
Bitget UVXYUSDT
KuCoin UVXYUSDTM
Aster UVXYUSDT
Bybit UVXYUSDT
OKX UVXY-USDT-SWAP
Gate UVXY_USDT
SunX UVXY-USDT
HTX UVXY-USDT
Phemex UVXYUSDT
Variational Omni UVXY
BloFin UVXY-USDT
MEXC UVXY_USDT
Binance UVXYUSDT
GRVT UVXY_USDT_Perp