UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.1122%/8h= +122.9% APRnext payment +$11.22 per $10,000 · paid last 24h +0.047%

Price spread now: OKX against Gate+0.058%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$232as in the Funding arb table

Net, price: spread back to 7d avg − costs−$228as in the Price arb table

costs, in and out, $10k−$2312.312% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.058%, 7d avg +0.029%

Together, before fees+0.035%+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and OKX is 0.030% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.029%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$11.22 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	17.200	0	get 0.0000% / 8h	4h 47m	$398K	$226K	20x
Short	OKX UVXY-USDT-SWAP	17.210	0.1122	get 0.1122% / 8h	4h 47m	$401K	$385K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.058%Rate

Funding earned: $235.66
Price spread: +0.058% → +0.029%: $2.96
Slippage, 4 orders: −$206.2
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: $7.42
Costs to cover: 2.312%
Break-even: 6.8 days

Slippage from Gate: live order book, 56 min ago; OKX: live order book, 56 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, 56 min ago	11.63 bp	75.0 bp −$75	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 56 min ago	5.82 bp	33.9 bp −$34	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	17.195	−0.027%	$6K	$1K	20x	as long as short
Bybit UVXYUSDT	0.0000%	8h	17.210	+0.058%	$1.1M	$174K	25x	as long as short
Gate UVXY_USDTlong	0.0000%	8h	17.200	long leg	$398K	$226K	20x
Bitget UVXYUSDT	0.0000%	8h	17.182	−0.105%	$796K	$252K	20x	as long as short
SunX UVXY-USDT	0.0000%	8h	17.200	0.000%	$712	$353K	10x	as long as short
HTX UVXY-USDT	0.0000%	8h	17.190	−0.058%	$11K	$3K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.200	0.000%	$1.2M	$135K	10x	as long as short
OKX UVXY-USDT-SWAPshort	+0.1122%	8h	17.210	+0.058%	$401K	$385K	20x
KuCoin UVXYUSDTM	+0.1173%	8h	17.210	+0.058%	$152K	$998K	20x	as long as short
Variational Omni UVXY	+0.1469%	8h	17.165	−0.201%	$97K	$6K	—	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT UVXY_USDT_Perp	+0.1514%	8h	17.201	+0.007%	$6K	$142K	10x	as long as short
MEXC UVXY_USDT	+0.1531%	8h	17.170	−0.174%	$881K	$84K	20x	as long as short
Binance UVXYUSDT	+0.1539%	8h	17.200	0.000%	$2.2M	$1.8M	20x	as long as short
BloFin UVXY-USDT	+0.1542%	8h	17.190	−0.058%	$64K	$4K	20x	as long as short