Settings8H · net · $10k
Funding arb · Price arb /

UVXY

RWAall UVXY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0309%/8h= +33.9% APRnext payment +$3.09 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against KuCoin+0.116%65s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.121%−$12 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.116% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.121%, so the current rate has only just turned in your favour. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.121% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin UVXYUSDTM17.2200.1215pay 0.1215% / 8h6h 54m$161K$872K20x
ShortBloFin UVXY-USDT17.2400.1524get 0.1524% / 8h6h 54m$19K$4K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$64.96
Price spread: +0.116% → 0.000%
$11.61
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$52.57
Costs to cover
0.240%
Break-even
1.3 days
Slippage unknown: KuCoin: live order book, 40 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 40 min ago14.47 bp463.7 bp −$464doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

UVXY on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster UVXYUSDT0.0000%8h17.206−0.083%$6K$1K20xas long as short
Gate UVXY_USDT0.0000%8h17.240+0.116%$394K$218K20xas long as short
Bitget UVXYUSDT0.0000%8h17.204−0.093%$788K$246K20xas long as short
SunX UVXY-USDT0.0000%8h17.2200.000%$963$330K10xas long as short
Phemex UVXYUSDT0.0000%8h17.230+0.058%$1.2M$124K10xas long as short
Bybit UVXYUSDT+0.0545%8h17.250+0.174%$1.1M$185K25xas long as short
OKX UVXY-USDT-SWAP+0.1057%8h17.200−0.116%$391K$367K20xas long as short
HTX UVXY-USDT+0.1080%8h17.250+0.174%$11K$3K10xas long as short
KuCoin UVXYUSDTMlong+0.1215%8h17.220long leg$161K$872K20x
Variational Omni UVXY+0.1444%8h17.212−0.049%$97K$6Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin UVXY-USDTshort+0.1524%8h17.240+0.116%$19K$4K20x
MEXC UVXY_USDT+0.1531%8h17.210−0.058%$883K$84K20xas long as short
Binance UVXYUSDT+0.1531%8h17.225+0.030%$2.1M$1.6M20xas long as short
GRVT UVXY_USDT_Perp+0.3461%8h17.230+0.058%$6K$146K10xas long as short