Funding you earn now, next payment 16:00 UTC−0.3899%/8h= −426.9% APRnext payment −$38.99 per $10,000 · paid last 24h −0.147%
Price spread now: Bitget against GRVT−0.566%7-day average −0.141% · you buy dearer than you sell
Net, funding: paid 7d − costs−$247as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2052.053% of the position
Funding, last 7 days−0.417%−$42 on $10k
+Price spread, last 4 days (all we have)+0.802%+$80 · spread now −0.566%, 7d avg −0.141%
=Together, before fees+0.385%+ Points / potential airdropGRVT: Active · farm board+$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$117 a day on $10k at the current rate, and Bitget is 0.426% cheaper against GRVT than usual: you would sell low and buy high (−$43 if the spread goes back to its 7-day average of −0.141%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.417% in total (about -21.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$38.99 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT UVXY_USDT_Perp | 17.299 | 0.3899 | pay 0.3899% / 8h | 7h 01m | $6K | $147K | 10x |
| Short | Bitget UVXYUSDT | 17.201 | 0 | get 0.0000% / 8h | 7h 01m | $788K | $247K | 20x |
GRVT UVXY_USDT_Perp
Bitget UVXYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GRVT. 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
- −$818.79
- Price spread: −0.566% → −0.141%
- −$42.59
- Slippage, 4 orders
- −$184.34
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,066.72
- Costs to cover
- 2.053%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 31 min ago; Bitget: live order book, 54 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 GRVT live order book, 31 min ago | 5.78 bp | 53.5 bp −$54 | 122.2 bp −$1,222 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 54 min ago | 10.44 bp | 68.4 bp −$68 | 93.2 bp −$932 | 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 | 17.220 | −0.458% | $6K | $1K | 20x | as long as short |
| Gate UVXY_USDT | 0.0000% | 8h | 17.240 | −0.341% | $394K | $230K | 20x | as long as short |
| Bitget UVXYUSDTshort | 0.0000% | 8h | 17.201 | −0.566% | $788K | $247K | 20x | |
| SunX UVXY-USDT | 0.0000% | 8h | 17.240 | −0.341% | $902 | $328K | 10x | as long as short |
| Phemex UVXYUSDT | 0.0000% | 8h | 17.240 | −0.341% | $1.2M | $124K | 10x | as long as short |
| Bybit UVXYUSDT | +0.0810% | 8h | 17.260 | −0.225% | $1.1M | $185K | 25x | as long as short |
| OKX UVXY-USDT-SWAP | +0.1005% | 8h | 17.230 | −0.399% | $391K | $369K | 20x | as long as short |
| KuCoin UVXYUSDTM | +0.1173% | 8h | 17.240 | −0.341% | $161K | $865K | 20x | as long as short |
| Variational Omni UVXY | +0.1385% | 8h | 17.292 | −0.040% | $97K | $6K | — | as long as short |
| MEXC UVXY_USDT | +0.1503% | 8h | 17.220 | −0.457% | $883K | $87K | 20x | as long as short |
Aster UVXYUSDT
Gate UVXY_USDT
SunX UVXY-USDT
Phemex UVXYUSDT
Bybit UVXYUSDT
OKX UVXY-USDT-SWAP
KuCoin UVXYUSDTM
Variational Omni UVXY
MEXC UVXY_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UVXYUSDT | +0.1508% | 8h | 17.240 | −0.341% | $2.1M | $1.6M | 20x | as long as short |
| BloFin UVXY-USDT | +0.1515% | 8h | 17.240 | −0.341% | $18K | $4K | 20x | as long as short |
| HTX UVXY-USDT | +0.1688% | 8h | 17.240 | −0.341% | $11K | $3K | 10x | as long as short |
| GRVT UVXY_USDT_Perplong | +0.3899% | 8h | 17.299 | long leg | $6K | $147K | 10x |
Binance UVXYUSDT
BloFin UVXY-USDT
HTX UVXY-USDT