UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0605%/8h= +66.3% APRnext payment +$6.05 per $10,000 · paid last 24h +0.047%

Price spread now: OKX against Bitget+0.105%7-day average +0.170% · you sell dearer than you buy

Net, funding: paid 7d − costs−$166as in the Funding arb table

Net, price: spread back to 7d avg − costs−$191as in the Price arb table

costs, in and out, $10k−$1841.841% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.183%+$18 on $10k

Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.105%, 7d avg +0.170%

Together, before fees+0.135%+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.066% cheaper against Bitget than usual: you would sell low and buy high (spread +0.105% now, against its 7-day average of +0.170%). If the spread goes back, that is −$7 on $10k: about 9 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.183% in total) that is about 2.5 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.183% in total (about 9.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.05 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	OKX UVXY-USDT-SWAP	17.240	0.0605	get 0.0605% / 8h	7h 43m	$389K	$360K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.105%Rate

Funding earned: $127.07
Price spread: +0.105% → +0.170%: −$6.58
Slippage, 4 orders: −$162.13
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$63.64
Costs to cover: 1.841%
Break-even: 10.5 days

Slippage from Bitget: live order book, 12 min ago; OKX: live order book, 52 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 OKX live order book, 52 min ago	5.81 bp	50.9 bp −$51	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	17.231	+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-SWAPshort	+0.0605%	8h	17.240	+0.105%	$389K	$360K	20x
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_USDT	+0.0995%	8h	17.220	−0.012%	$883K	$85K	20x	as long as short
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