Funding you earn now, next payment 16:00 UTC+0.1257%/8h= +137.6% APRnext payment +$12.57 per $10,000 · paid last 24h +0.089%
Price spread now: Binance against Gate+0.168%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$319as in the Funding arb table
Net, price: spread back to 7d avg − costs−$302as in the Price arb table
costs, in and out, $10k−$3143.143% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)−0.620%−$62 · spread now +0.168%, 7d avg +0.044%
=Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and Binance is 0.124% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.044%. Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.57 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 | Gate UVXY_USDT | 17.280 | 0 | get 0.0000% / 8h | 7h 22m | $395K | $228K | 20x |
| 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 Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $263.98
- Price spread: +0.168% → +0.044%
- $12.4
- Slippage, 4 orders
- −$289.29
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$37.91
- Costs to cover
- 3.143%
- Break-even
- 8.0 days
Slippage from Gate: live order book, 8 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 Gate live order book, 8 min ago | 8.68 bp | 159.0 bp −$159 | doesn't fit | 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 | −0.066% | $6K | $1K | 20x | as long as short |
| Gate UVXY_USDTlong | 0.0000% | 8h | 17.280 | long leg | $395K | $228K | 20x | |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.276 | −0.023% | $790K | $254K | 20x | as long as short |
| SunX UVXY-USDT | 0.0000% | 8h | 17.300 | +0.116% | $941 | $317K | 10x | as long as short |
| Phemex UVXYUSDT | 0.0000% | 8h | 17.320 | +0.231% | $1.3M | $120K | 10x | as long as short |
| Bybit UVXYUSDT | +0.0497% | 8h | 17.330 | +0.289% | $1.1M | $182K | 25x | as long as short |
| OKX UVXY-USDT-SWAP | +0.0813% | 8h | 17.300 | +0.116% | $392K | $367K | 20x | as long as short |
| KuCoin UVXYUSDTM | +0.0977% | 8h | 17.300 | +0.116% | $161K | $850K | 20x | as long as short |
| Variational Omni UVXY | +0.1118% | 8h | 17.297 | +0.096% | $97K | $7K | — | as long as short |
| BloFin UVXY-USDT | +0.1228% | 8h | 17.310 | +0.174% | $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 | 0.000% | $886K | $86K | 20x | as long as short |
| Binance UVXYUSDTshort | +0.1257% | 8h | 17.309 | +0.168% | $2.1M | $1.6M | 20x | |
| HTX UVXY-USDT | +0.1357% | 8h | 17.340 | +0.347% | $11K | $3K | 10x | as long as short |
| GRVT UVXY_USDT_Perp | +0.3704% | 8h | 17.292 | +0.069% | $6K | $147K | 10x | as long as short |
Gate UVXY_USDT
Binance UVXYUSDT
Aster UVXYUSDT
Bitget UVXYUSDT
SunX UVXY-USDT
Phemex UVXYUSDT
Bybit UVXYUSDT
OKX UVXY-USDT-SWAP
KuCoin UVXYUSDTM
Variational Omni UVXY
BloFin UVXY-USDT
MEXC UVXY_USDT
HTX UVXY-USDT
GRVT UVXY_USDT_Perp