UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.1748%/8h= +191.4% APRnext payment +$17.48 per $10,000 · paid last 24h +0.147%

Price spread now: GRVT against Gate+0.110%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$213as in the Funding arb table

Net, price: spread back to 7d avg − costs−$223as in the Price arb table

costs, in and out, $10k−$2362.356% of the position

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.229%+$23 on $10k

Price spread, last 4 days (all we have)−0.253%−$25 · spread now +0.110%, 7d avg −0.014%

Together, before fees−0.025%+ Points / potential airdropGRVT: Active · farm board−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$52 a day on $10k at the current rate, and GRVT 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 −0.014%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.229% in total (about 11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$17.48 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	17.170	0	get 0.0000% / 8h	5h 27m	$396K	$224K	20x
Short	GRVT UVXY_USDT_Perp	17.189	0.1748	get 0.1748% / 8h	5h 27m	$6K	$142K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.110%Rate

Funding earned: $367.08
Price spread: +0.110% → −0.014%: $12.35
Slippage, 4 orders: −$211.61
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $143.82
Costs to cover: 2.356%
Break-even: 4.3 days

Slippage from Gate: live order book, 16 min ago; GRVT: live order book, 17 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, 16 min ago	11.63 bp	75.0 bp −$75	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 17 min ago	8.73 bp	30.4 bp −$30	50.7 bp −$507	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	17.176	+0.033%	$6K	$1K	20x	as long as short
Bybit UVXYUSDT	0.0000%	8h	17.190	+0.116%	$1.1M	$175K	25x	as long as short
Gate UVXY_USDTlong	0.0000%	8h	17.170	long leg	$396K	$224K	20x
Bitget UVXYUSDT	0.0000%	8h	17.160	−0.058%	$794K	$255K	20x	as long as short
SunX UVXY-USDT	0.0000%	8h	17.180	+0.058%	$636	$347K	10x	as long as short
HTX UVXY-USDT	0.0000%	8h	17.210	+0.233%	$11K	$3K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.180	+0.058%	$1.2M	$131K	10x	as long as short
KuCoin UVXYUSDTM	+0.1110%	8h	17.200	+0.175%	$151K	$975K	20x	as long as short
OKX UVXY-USDT-SWAP	+0.1185%	8h	17.190	+0.116%	$400K	$387K	20x	as long as short
Variational Omni UVXY	+0.1529%	8h	17.181	+0.064%	$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	+0.1590%	8h	17.170	0.000%	$881K	$86K	20x	as long as short
Binance UVXYUSDT	+0.1590%	8h	17.180	+0.058%	$2.2M	$1.7M	20x	as long as short
BloFin UVXY-USDT	+0.1610%	8h	17.200	+0.175%	$63K	$4K	20x	as long as short
GRVT UVXY_USDT_Perpshort	+0.1748%	8h	17.189	+0.110%	$6K	$142K	10x