UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0168%/8h= −18.4% APRnext payment −$1.68 per $10,000 · paid last 24h −0.030%

Price spread now: Bitget against KuCoin−0.423%7-day average −0.131% · you buy dearer than you sell

Net, funding: paid 7d − costs−$857as in the Funding arb table

Net, price: spread back to 7d avg − costs−$871as in the Price arb table

costs, in and out, $10k−$8428.416% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.158%−$16 on $10k

Price spread, last 4 days (all we have)+0.327%+$33 · spread now −0.423%, 7d avg −0.131%

Together, before fees+0.170%+$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.293% cheaper against KuCoin than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.131%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UVXYUSDTM	17.240	0.0168	pay 0.0168% / 8h	35m 58s	$161K	$794K	20x
Short	Bitget UVXYUSDT	17.167	0	get 0.0000% / 8h	35m 58s	$793K	$242K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now −0.423%Rate

Funding earned: −$35.28
Price spread: −0.423% → −0.131%: −$29.28
Slippage, 4 orders: −$817.6
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$906.16
Costs to cover: 8.416%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; Bitget: live order book, 25 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, 8 min ago	11.60 bp	381.9 bp −$382	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 25 min ago	9.86 bp	19.6 bp −$20	62.7 bp −$627	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	17.180	−0.348%	$6K	$1K	20x	as long as short
Bybit UVXYUSDT	0.0000%	8h	17.220	−0.116%	$1.1M	$188K	25x	as long as short
Gate UVXY_USDT	0.0000%	8h	17.190	−0.290%	$375K	$203K	20x	as long as short
Bitget UVXYUSDTshort	0.0000%	8h	17.167	−0.423%	$793K	$242K	20x
SunX UVXY-USDT	0.0000%	8h	17.180	−0.348%	$2K	$307K	10x	as long as short
HTX UVXY-USDT	0.0000%	8h	17.270	+0.174%	$11K	$3K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.210	−0.174%	$1.2M	$115K	10x	as long as short
KuCoin UVXYUSDTMlong	+0.0168%	8h	17.240	long leg	$161K	$794K	20x
OKX UVXY-USDT-SWAP	+0.0244%	8h	17.200	−0.232%	$383K	$343K	20x	as long as short
Variational Omni UVXY	+0.0347%	8h	17.222	−0.106%	$97K	$8K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC UVXY_USDT	+0.0490%	8h	17.200	−0.232%	$882K	$147K	20x	as long as short
Binance UVXYUSDT	+0.0501%	8h	17.213	−0.156%	$2.0M	$1.5M	20x	as long as short
BloFin UVXY-USDT	+0.0512%	8h	17.230	−0.058%	$61K	$3K	20x	as long as short
GRVT UVXY_USDT_Perp	+0.0839%	8h	17.227	−0.076%	$6K	$154K	10x	as long as short