UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0995%/8h= +109.0% APRnext payment +$9.95 per $10,000 · paid last 24h +0.089%

Price spread now: MEXC against Bitget−0.012%7-day average +0.104% · you buy dearer than you sell

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$1341.344% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.139%+$14 on $10k

Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.012%, 7d avg +0.104%

Together, before fees+0.150%+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.116% cheaper against Bitget than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.104%). If the spread goes back, that is −$12 on $10k: about 9 hours of funding at the current rate (+$30 a day). At the pace of the last 7 days (+0.139% in total) that is about 5.9 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.139% in total (about 7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.95 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	17.222	0	get 0.0000% / 8h	7h 43m	$796K	$238K	20x
Short	MEXC UVXY_USDT	17.220	0.0995	get 0.0995% / 8h	7h 43m	$883K	$85K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.012%Rate

Funding earned: $208.95
Price spread: −0.012% → +0.104%: −$11.61
Slippage, 4 orders: −$122.41
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: $62.94
Costs to cover: 1.344%
Break-even: 4.9 days

Slippage from Bitget: live order book, 12 min ago; MEXC: live order book, 47 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, 12 min ago	10.44 bp	31.2 bp −$31	42.8 bp −$428	doesn't fit	doesn't fit
Sell MEXC live order book, 47 min ago	11.63 bp	18.4 bp −$18	26.8 bp −$268	81.7 bp −$8,172	235.8 bp −$117.9K

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	17.231	+0.053%	$6K	$1K	20x	as long as short
Bybit UVXYUSDT	0.0000%	8h	17.280	+0.337%	$1.1M	$183K	25x	as long as short
Gate UVXY_USDT	0.0000%	8h	17.240	+0.105%	$394K	$227K	20x	as long as short
Bitget UVXYUSDTlong	0.0000%	8h	17.222	long leg	$796K	$238K	20x
SunX UVXY-USDT	0.0000%	8h	17.260	+0.221%	$868	$315K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.250	+0.163%	$1.2M	$117K	10x	as long as short
HTX UVXY-USDT	+0.0473%	8h	17.290	+0.395%	$11K	$3K	10x	as long as short
OKX UVXY-USDT-SWAP	+0.0605%	8h	17.240	+0.105%	$389K	$360K	20x	as long as short
KuCoin UVXYUSDTM	+0.0734%	8h	17.260	+0.221%	$161K	$829K	20x	as long as short
Variational Omni UVXY	+0.0885%	8h	17.262	+0.233%	$97K	$7K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin UVXY-USDT	+0.0984%	8h	17.260	+0.221%	$62K	$3K	20x	as long as short
MEXC UVXY_USDTshort	+0.0995%	8h	17.220	−0.012%	$883K	$85K	20x
Binance UVXYUSDT	+0.1001%	8h	17.260	+0.219%	$2.1M	$1.5M	20x	as long as short
GRVT UVXY_USDT_Perp	+0.3142%	8h	17.258	+0.208%	$6K	$151K	10x	as long as short