UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0760%/8h= +83.3% APRnext payment +$7.60 per $10,000 · paid last 24h +0.089%

Price spread now: Binance against Bybit−0.121%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$214as in the Funding arb table

Net, price: spread back to 7d avg − costs−$240as in the Price arb table

costs, in and out, $10k−$2302.298% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.162%+$16 on $10k

Price spread, last 7 days+0.156%+$16 · spread now −0.121%, 7d avg −0.020%

Together, before fees+0.319%+$32 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.101% cheaper against Bybit than usual: you would sell low and buy high (spread −0.121% now, against its 7-day average of −0.020%). If the spread goes back, that is −$10 on $10k: about 11 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.162% in total) that is about 4.3 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.162% in total (about 8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.60 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	Bybit UVXYUSDT	17.330	0.0497	pay 0.0497% / 8h	7h 22m	$1.1M	$182K	25x
Short	Binance UVXYUSDT	17.309	0.1257	get 0.1257% / 8h	7h 22m	$2.1M	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now −0.121%Rate

Funding earned: $159.68
Price spread: −0.121% → −0.020%: −$10.08
Slippage, 4 orders: −$208.82
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$80.23
Costs to cover: 2.298%
Break-even: 10.5 days

Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 12 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 Bybit live order book, 3 min ago	8.65 bp	82.8 bp −$83	214.8 bp −$2,148	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	2.89 bp	22.3 bp −$22	60.1 bp −$601	125.8 bp −$12.6K	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	17.269	−0.355%	$6K	$1K	20x	as long as short
Gate UVXY_USDT	0.0000%	8h	17.280	−0.289%	$395K	$228K	20x	as long as short
Bitget UVXYUSDT	0.0000%	8h	17.276	−0.312%	$790K	$254K	20x	as long as short
SunX UVXY-USDT	0.0000%	8h	17.300	−0.173%	$941	$317K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.320	−0.058%	$1.3M	$120K	10x	as long as short
Bybit UVXYUSDTlong	+0.0497%	8h	17.330	long leg	$1.1M	$182K	25x
OKX UVXY-USDT-SWAP	+0.0813%	8h	17.300	−0.173%	$392K	$367K	20x	as long as short
KuCoin UVXYUSDTM	+0.0977%	8h	17.300	−0.173%	$161K	$850K	20x	as long as short
Variational Omni UVXY	+0.1118%	8h	17.297	−0.193%	$97K	$7K	—	as long as short
BloFin UVXY-USDT	+0.1228%	8h	17.310	−0.115%	$62K	$4K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC UVXY_USDT	+0.1240%	8h	17.280	−0.289%	$886K	$86K	20x	as long as short
Binance UVXYUSDTshort	+0.1257%	8h	17.309	−0.121%	$2.1M	$1.6M	20x
HTX UVXY-USDT	+0.1357%	8h	17.340	+0.058%	$11K	$3K	10x	as long as short
GRVT UVXY_USDT_Perp	+0.3704%	8h	17.292	−0.220%	$6K	$147K	10x	as long as short