UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0143%/8h= −15.7% APRnext payment −$1.43 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Bybit−0.174%7-day average −0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$422as in the Funding arb table

Net, price: spread back to 7d avg − costs−$456as in the Price arb table

costs, in and out, $10k−$4444.438% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.213%+$21 on $10k

Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.174%, 7d avg −0.057%

Together, before fees+0.331%+$33 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.118% cheaper against Bybit than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.057%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.213%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit UVXYUSDT	17.200	0.0143	pay 0.0143% / 8h	6h 01m	$1.1M	$177K	25x
Short	Gate UVXY_USDT	17.170	0	get 0.0000% / 8h	6h 01m	$395K	$222K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.174%Rate

Funding earned: −$30.09
Price spread: −0.174% → −0.057%: −$11.79
Slippage, 4 orders: −$417.76
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$485.64
Costs to cover: 4.438%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Gate: 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 Bybit live order book, 2 min ago	11.62 bp	96.5 bp −$96	277.9 bp −$2,779	doesn't fit	doesn't fit
Sell Gate live order book, 47 min ago	11.60 bp	99.9 bp −$100	doesn't fit	doesn't fit	doesn't fit

UVXY on 14 exchanges

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	17.220	+0.116%	$6K	$1K	20x	as long as short
Gate UVXY_USDTshort	0.0000%	8h	17.170	−0.174%	$395K	$222K	20x
Bitget UVXYUSDT	0.0000%	8h	17.142	−0.337%	$790K	$246K	20x	as long as short
SunX UVXY-USDT	0.0000%	8h	17.180	−0.116%	$1K	$340K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.190	−0.058%	$1.2M	$128K	10x	as long as short
HTX UVXY-USDT	+0.0080%	8h	17.190	−0.058%	$11K	$3K	10x	as long as short
Bybit UVXYUSDTlong	+0.0143%	8h	17.200	long leg	$1.1M	$177K	25x
KuCoin UVXYUSDTM	+0.1134%	8h	17.210	+0.058%	$152K	$953K	20x	as long as short
OKX UVXY-USDT-SWAP	+0.1183%	8h	17.180	−0.116%	$397K	$374K	20x	as long as short
Variational Omni UVXY	+0.1522%	8h	17.191	−0.053%	$97K	$6K	—	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC UVXY_USDT	+0.1607%	8h	17.180	−0.116%	$881K	$87K	20x	as long as short
Binance UVXYUSDT	+0.1609%	8h	17.190	−0.058%	$2.1M	$1.7M	20x	as long as short
BloFin UVXY-USDT	+0.1620%	8h	17.190	−0.058%	$63K	$4K	20x	as long as short
GRVT UVXY_USDT_Perp	+0.2126%	8h	17.187	−0.073%	$6K	$145K	10x	as long as short