Funding you earn now, next payment 16:00 UTC+0.0365%/8h= +40.0% APRnext payment +$3.65 per $10,000 · paid last 24h +0.007%
Price spread now: Binance against KuCoin−0.032%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$709as in the Funding arb table
Net, price: spread back to 7d avg − costs−$707as in the Price arb table
costs, in and out, $10k−$6986.983% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now −0.032%, 7d avg +0.051%
=Funding pays, the price is against you. Binance is 0.082% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.051%). If the spread goes back, that is −$8 on $10k: about 18 hours of funding at the current rate (+$11 a day). Mind the row above: over the last 7 days funding on this pair cost −0.110%, 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 -0.110% in total (about -5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.65 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 | KuCoin UVXYUSDTM | 17.220 | 0.1176 | pay 0.1176% / 8h | 4h 44m | $152K | $999K | 20x |
| Short | Binance UVXYUSDT | 17.215 | 0.1541 | get 0.1541% / 8h | 4h 44m | $2.2M | $1.8M | 20x |
KuCoin UVXYUSDTM
Binance UVXYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $76.71
- Price spread: −0.032% → +0.051%
- −$8.22
- Slippage, 4 orders
- −$676.33
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$629.84
- Costs to cover
- 6.983%
- Break-even
- 64.5 days
Slippage from KuCoin: live order book, 53 min ago; Binance: live order book, 13 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 KuCoin live order book, 53 min ago | 11.62 bp | 356.2 bp −$356 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.91 bp | 12.9 bp −$13 | 19.0 bp −$190 | 90.3 bp −$9,032 | 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 | 17.201 | −0.109% | $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_USDT | 0.0000% | 8h | 17.200 | −0.116% | $398K | $226K | 20x | as long as short |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.192 | −0.163% | $796K | $252K | 20x | as long as short |
| SunX UVXY-USDT | 0.0000% | 8h | 17.200 | −0.116% | $786 | $353K | 10x | as long as short |
| HTX UVXY-USDT | 0.0000% | 8h | 17.240 | +0.116% | $11K | $3K | 10x | as long as short |
| Phemex UVXYUSDT | 0.0000% | 8h | 17.220 | 0.000% | $1.2M | $135K | 10x | as long as short |
| OKX UVXY-USDT-SWAP | +0.1112% | 8h | 17.210 | −0.058% | $401K | $385K | 20x | as long as short |
| KuCoin UVXYUSDTMlong | +0.1176% | 8h | 17.220 | long leg | $152K | $999K | 20x | |
| Variational Omni UVXY | +0.1479% | 8h | 17.201 | −0.113% | $97K | $6K | — | as long as short |
Aster UVXYUSDT
Bybit UVXYUSDT
Gate UVXY_USDT
Bitget UVXYUSDT
SunX UVXY-USDT
HTX UVXY-USDT
Phemex UVXYUSDT
OKX UVXY-USDT-SWAP
Variational Omni UVXYShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin UVXY-USDT | +0.1522% | 8h | 17.210 | −0.058% | $64K | $4K | 20x | as long as short |
| GRVT UVXY_USDT_Perp | +0.1531% | 8h | 17.212 | −0.047% | $6K | $142K | 10x | as long as short |
| MEXC UVXY_USDT | +0.1540% | 8h | 17.190 | −0.174% | $882K | $85K | 20x | as long as short |
| Binance UVXYUSDTshort | +0.1541% | 8h | 17.215 | −0.032% | $2.2M | $1.8M | 20x |
BloFin UVXY-USDT
GRVT UVXY_USDT_Perp
MEXC UVXY_USDT