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

UVXY

RWAall UVXY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.1610%/8h= +176.2% APRnext payment +$16.10 per $10,000 · paid last 24h +0.087%
Price spread now: BloFin against Bybit+0.058%102s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.151%+$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$48 a day on $10k at the current rate, and BloFin is 0.058% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.151% in total (about 7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$16.10 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit UVXYUSDT17.1900get 0.0000% / 8h5h 27m$1.1M$175K25x
ShortBloFin UVXY-USDT17.2000.1610get 0.1610% / 8h5h 27m$63K$4K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$338.01
Price spread: +0.058% → 0.000%
$5.82
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
$320.83
Costs to cover
0.230%
Break-even
0.4 days
Slippage unknown: Bybit: live order book, 1 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago8.72 bp82.0 bp −$82225.4 bp −$2,254doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

UVXY on 14 exchanges

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%8h17.176−0.084%$6K$1K20xas long as short
Bybit UVXYUSDTlong0.0000%8h17.190long leg$1.1M$175K25x
Gate UVXY_USDT0.0000%8h17.170−0.116%$396K$224K20xas long as short
Bitget UVXYUSDT0.0000%8h17.160−0.175%$794K$255K20xas long as short
SunX UVXY-USDT0.0000%8h17.180−0.058%$636$347K10xas long as short
HTX UVXY-USDT0.0000%8h17.210+0.116%$11K$3K10xas long as short
Phemex UVXYUSDT0.0000%8h17.180−0.058%$1.2M$131K10xas long as short
KuCoin UVXYUSDTM+0.1110%8h17.200+0.058%$151K$975K20xas long as short
OKX UVXY-USDT-SWAP+0.1188%8h17.160−0.175%$399K$385K20xas long as short
Variational Omni UVXY+0.1529%8h17.181−0.053%$97K$6Kas long as short
Show all 14 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC UVXY_USDT+0.1590%8h17.170−0.116%$881K$86K20xas long as short
Binance UVXYUSDT+0.1590%8h17.180−0.058%$2.2M$1.7M20xas long as short
BloFin UVXY-USDTshort+0.1610%8h17.200+0.058%$63K$4K20x
GRVT UVXY_USDT_Perp+0.1748%8h17.189−0.007%$6K$142K10xas long as short