Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Gate+0.116%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$405as in the Funding arb table
Net, price: spread back to 7d avg − costs−$393as in the Price arb table
costs, in and out, $10k−$4054.052% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.515%−$51 · spread now +0.116%, 7d avg −0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.127% dearer against Gate than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate UVXY_USDT | 17.270 | 0 | get 0.0000% / 8h | 7h 28m | $395K | $228K | 20x |
| Short | Phemex UVXYUSDT | 17.290 | 0 | get 0.0000% / 8h | 7h 28m | $1.2M | $118K | 10x |
Gate UVXY_USDT
Phemex UVXYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.116% → −0.011%
- $12.71
- Slippage, 4 orders
- −$378.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$392.51
- Costs to cover
- 4.052%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Phemex: 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, 2 min ago | 8.68 bp | 159.0 bp −$159 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.89 bp | 64.1 bp −$64 | doesn't fit | doesn't fit | 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 | 17.261 | −0.052% | $6K | $1K | 20x | as long as short |
| Bybit UVXYUSDT | 0.0000% | 8h | 17.320 | +0.290% | $1.1M | $184K | 25x | as long as short |
| Gate UVXY_USDTlong | 0.0000% | 8h | 17.270 | long leg | $395K | $228K | 20x | |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.263 | −0.041% | $789K | $243K | 20x | as long as short |
| SunX UVXY-USDT | 0.0000% | 8h | 17.290 | +0.116% | $1K | $316K | 10x | as long as short |
| Phemex UVXYUSDTshort | 0.0000% | 8h | 17.290 | +0.116% | $1.2M | $118K | 10x | |
| HTX UVXY-USDT | +0.0641% | 8h | 17.320 | +0.290% | $11K | $3K | 10x | as long as short |
| OKX UVXY-USDT-SWAP | +0.0736% | 8h | 17.300 | +0.174% | $392K | $367K | 20x | as long as short |
| KuCoin UVXYUSDTM | +0.0903% | 8h | 17.300 | +0.174% | $162K | $847K | 20x | as long as short |
| Variational Omni UVXY | +0.1031% | 8h | 17.292 | +0.128% | $97K | $7K | — | as long as short |
Aster UVXYUSDT
Bybit UVXYUSDT
Bitget UVXYUSDT
SunX UVXY-USDT
HTX UVXY-USDT
OKX UVXY-USDT-SWAP
KuCoin UVXYUSDTM
Variational Omni UVXYShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin UVXY-USDT | +0.1125% | 8h | 17.290 | +0.116% | $62K | $4K | 20x | as long as short |
| MEXC UVXY_USDT | +0.1150% | 8h | 17.280 | +0.058% | $886K | $86K | 20x | as long as short |
| Binance UVXYUSDT | +0.1157% | 8h | 17.290 | +0.116% | $2.1M | $1.6M | 20x | as long as short |
| GRVT UVXY_USDT_Perp | +0.3457% | 8h | 17.298 | +0.159% | $6K | $148K | 10x | as long as short |
BloFin UVXY-USDT
MEXC UVXY_USDT
Binance UVXYUSDT
GRVT UVXY_USDT_Perp