UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0438%/8h= −48.0% APRnext payment −$4.38 per $10,000 · paid last 24h −0.030%

Price spread now: Gate against KuCoin0.000%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$968as in the Funding arb table

Net, price: spread back to 7d avg − costs−$969as in the Price arb table

costs, in and out, $10k−$9689.675% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)−0.019%−$2 · spread now 0.000%, 7d avg +0.012%

Together, before fees−0.026%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.007% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.38 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	KuCoin UVXYUSDTM	17.240	0.0438	pay 0.0438% / 8h	16m 22s	$162K	$807K	20x
Short	Gate UVXY_USDT	17.240	0	get 0.0000% / 8h	16m 22s	$377K	$206K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: −$91.98
Price spread: 0.000% → +0.012%: −$1.17
Slippage, 4 orders: −$940.53
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,060.67
Costs to cover: 9.675%
Break-even: never at this rate

Slippage from KuCoin: live order book, 28 min ago; Gate: live order book, 19 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, 28 min ago	11.60 bp	381.9 bp −$382	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 19 min ago	11.63 bp	91.2 bp −$91	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	17.180	−0.348%	$6K	$1K	20x	as long as short
Bybit UVXYUSDT	0.0000%	8h	17.240	0.000%	$1.1M	$188K	25x	as long as short
Gate UVXY_USDTshort	0.0000%	8h	17.240	0.000%	$377K	$206K	20x
Bitget UVXYUSDT	0.0000%	8h	17.197	−0.249%	$795K	$243K	20x	as long as short
SunX UVXY-USDT	0.0000%	8h	17.220	−0.116%	$1K	$311K	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	17.220	−0.116%	$1.2M	$115K	10x	as long as short
OKX UVXY-USDT-SWAP	+0.0361%	8h	17.220	−0.116%	$388K	$351K	20x	as long as short
KuCoin UVXYUSDTMlong	+0.0438%	8h	17.240	long leg	$162K	$807K	20x
Variational Omni UVXY	+0.0549%	8h	17.222	−0.104%	$97K	$8K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin UVXY-USDT	+0.0647%	8h	17.220	−0.116%	$62K	$3K	20x	as long as short
MEXC UVXY_USDT	+0.0670%	8h	17.210	−0.174%	$883K	$148K	20x	as long as short
Binance UVXYUSDT	+0.0679%	8h	17.225	−0.090%	$2.1M	$1.5M	20x	as long as short
GRVT UVXY_USDT_Perp	+0.0998%	8h	17.220	−0.115%	$6K	$152K	10x	as long as short