Funding you earn now, next payment 16:00 UTC+0.1622%/8h= +177.6% APRnext payment +$16.22 per $10,000 · paid last 24h +0.089%
Price spread now: MEXC against Gate−0.058%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$304as in the Funding arb table
Net, price: spread back to 7d avg − costs−$301as in the Price arb table
costs, in and out, $10k−$2992.987% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.058%, 7d avg −0.039%
=The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: +$49 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.050%, 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 -0.050% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$16.22 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 | 17.180 | 0 | get 0.0000% / 8h | 5h 49m | $395K | $221K | 20x |
| Short | MEXC UVXY_USDT | 17.170 | 0.1622 | get 0.1622% / 8h | 5h 49m | $881K | $84K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $340.62
- Price spread: −0.058% → −0.039%
- −$1.91
- Slippage, 4 orders
- −$283.66
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $40.05
- Costs to cover
- 2.987%
- Break-even
- 6.2 days
Slippage from Gate: live order book, 58 min ago; MEXC: live order book, 57 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, 58 min ago | 11.60 bp | 150.2 bp −$150 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 57 min ago | 11.61 bp | 25.3 bp −$25 | 41.4 bp −$414 | 89.0 bp −$8,900 | 230.9 bp −$115.5K |
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 | 17.210 | +0.176% | $6K | $1K | 20x | as long as short |
| Gate UVXY_USDTlong | 0.0000% | 8h | 17.180 | long leg | $395K | $221K | 20x | |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.147 | −0.192% | $790K | $252K | 20x | as long as short |
| SunX UVXY-USDT | 0.0000% | 8h | 17.180 | 0.000% | $1K | $339K | 10x | as long as short |
| Phemex UVXYUSDT | 0.0000% | 8h | 17.180 | 0.000% | $1.2M | $129K | 10x | as long as short |
| Bybit UVXYUSDT | +0.0039% | 8h | 17.190 | +0.058% | $1.1M | $176K | 25x | as long as short |
| HTX UVXY-USDT | +0.0218% | 8h | 17.210 | +0.175% | $11K | $3K | 10x | as long as short |
| KuCoin UVXYUSDTM | +0.1102% | 8h | 17.210 | +0.175% | $151K | $959K | 20x | as long as short |
| OKX UVXY-USDT-SWAP | +0.1214% | 8h | 17.170 | −0.058% | $397K | $374K | 20x | as long as short |
| Variational Omni UVXY | +0.1554% | 8h | 17.181 | +0.004% | $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 | +0.1598% | 8h | 17.190 | +0.058% | $63K | $4K | 20x | as long as short |
| MEXC UVXY_USDTshort | +0.1622% | 8h | 17.170 | −0.058% | $881K | $84K | 20x | |
| Binance UVXYUSDT | +0.1624% | 8h | 17.178 | −0.010% | $2.1M | $1.7M | 20x | as long as short |
| GRVT UVXY_USDT_Perp | +0.2029% | 8h | 17.199 | +0.113% | $6K | $145K | 10x | as long as short |
Gate UVXY_USDT
MEXC UVXY_USDT
Aster UVXYUSDT
Bitget UVXYUSDT
SunX UVXY-USDT
Phemex UVXYUSDT
Bybit UVXYUSDT
HTX UVXY-USDT
KuCoin UVXYUSDTM
OKX UVXY-USDT-SWAP
Variational Omni UVXY
BloFin UVXY-USDT
Binance UVXYUSDT
GRVT UVXY_USDT_Perp