UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0309%/8h= +33.8% APRnext payment +$3.09 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Gate+0.058%7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$432as in the Funding arb table

Net, price: spread back to 7d avg − costs−$411as in the Price arb table

costs, in and out, $10k−$4114.112% of the position

Long on Gate Short on Bybit

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)−0.002%$0 · spread now +0.058%, 7d avg +0.057%

Together, before fees−0.215%−$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.057%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.213%, 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 -0.213% in total (about -11.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.09 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UVXY_USDT	17.240	0	get 0.0000% / 8h	6h 19m	$394K	$220K	20x
Short	Bybit UVXYUSDT	17.250	0.0309	get 0.0309% / 8h	6h 19m	$1.1M	$184K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now +0.058%Rate

Funding earned: $64.86
Price spread: +0.058% → +0.057%: $0.14
Slippage, 4 orders: −$385.19
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$346.19
Costs to cover: 4.112%
Break-even: 44.4 days

Slippage from Gate: live order book, 28 min ago; Bybit: live order book, 4 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, 28 min ago	11.60 bp	150.2 bp −$150	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	5.79 bp	79.6 bp −$80	247.2 bp −$2,472	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_USDTlong	0.0000%	8h	17.240	long leg	$394K	$220K	20x
Bitget UVXYUSDT	0.0000%	8h	17.201	−0.226%	$788K	$240K	20x	as long as short
SunX UVXY-USDT	0.0000%	8h	17.220	−0.116%	$1K	$334K	10x	as long as short
HTX UVXY-USDT	0.0000%	8h	17.230	−0.058%	$11K	$3K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.220	−0.116%	$1.2M	$125K	10x	as long as short
Bybit UVXYUSDTshort	+0.0309%	8h	17.250	+0.058%	$1.1M	$184K	25x
OKX UVXY-USDT-SWAP	+0.1138%	8h	17.240	0.000%	$391K	$364K	20x	as long as short
KuCoin UVXYUSDTM	+0.1174%	8h	17.250	+0.058%	$151K	$935K	20x	as long as short
Variational Omni UVXY	+0.1510%	8h	17.226	−0.078%	$97K	$6K	—	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin UVXY-USDT	+0.1585%	8h	17.230	−0.058%	$63K	$4K	20x	as long as short
MEXC UVXY_USDT	+0.1587%	8h	17.210	−0.174%	$883K	$86K	20x	as long as short
Binance UVXYUSDT	+0.1588%	8h	17.220	−0.116%	$2.1M	$1.7M	20x	as long as short
GRVT UVXY_USDT_Perp	+0.2448%	8h	17.230	−0.058%	$6K	$144K	10x	as long as short