Funding you earn now, next payment 16:00 UTC+0.0458%/8h= +50.2% APRnext payment +$4.58 per $10,000 · paid last 24h +0.007%
Price spread now: MEXC against KuCoin−0.116%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$728as in the Funding arb table
Net, price: spread back to 7d avg − costs−$726as in the Price arb table
costs, in and out, $10k−$7177.175% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.116%, 7d avg −0.030%
=Funding pays, the price is against you. MEXC is 0.086% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.116% now, against its 7-day average of −0.030%). If the spread goes back, that is −$9 on $10k: about 15 hours of funding at the current rate (+$14 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 +$4.58 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 | 17.200 | 0.1138 | pay 0.1138% / 8h | 6h 05m | $151K | $948K | 20x |
| Short | MEXC UVXY_USDT | 17.180 | 0.1596 | get 0.1596% / 8h | 6h 05m | $881K | $87K | 20x |
KuCoin UVXYUSDTM
MEXC UVXY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $96.18
- Price spread: −0.116% → −0.030%
- −$8.64
- Slippage, 4 orders
- −$705.47
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$629.93
- Costs to cover
- 7.175%
- Break-even
- 52.8 days
Slippage from KuCoin: live order book, 41 min ago; MEXC: live order book, 42 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, 41 min ago | 2.90 bp | 352.3 bp −$352 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 42 min ago | 11.61 bp | 25.3 bp −$25 | 41.4 bp −$414 | 89.0 bp −$8,900 | 230.9 bp −$115.5K |
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 | 17.220 | +0.116% | $6K | $1K | 20x | as long as short |
| Gate UVXY_USDT | 0.0000% | 8h | 17.170 | −0.174% | $394K | $221K | 20x | as long as short |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.159 | −0.238% | $789K | $236K | 20x | as long as short |
| SunX UVXY-USDT | 0.0000% | 8h | 17.190 | −0.058% | $1K | $339K | 10x | as long as short |
| Phemex UVXYUSDT | 0.0000% | 8h | 17.200 | 0.000% | $1.2M | $126K | 10x | as long as short |
| HTX UVXY-USDT | +0.0052% | 8h | 17.230 | +0.174% | $11K | $3K | 10x | as long as short |
| Bybit UVXYUSDT | +0.0189% | 8h | 17.200 | 0.000% | $1.1M | $179K | 25x | as long as short |
| KuCoin UVXYUSDTMlong | +0.1138% | 8h | 17.200 | long leg | $151K | $948K | 20x | |
| OKX UVXY-USDT-SWAP | +0.1164% | 8h | 17.190 | −0.058% | $398K | $373K | 20x | as long as short |
| Variational Omni UVXY | +0.1522% | 8h | 17.191 | −0.053% | $97K | $6K | — | as long as short |
Aster UVXYUSDT
Gate UVXY_USDT
Bitget UVXYUSDT
SunX UVXY-USDT
Phemex UVXYUSDT
HTX UVXY-USDT
Bybit 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 | +0.1583% | 8h | 17.190 | −0.058% | $63K | $4K | 20x | as long as short |
| MEXC UVXY_USDTshort | +0.1596% | 8h | 17.180 | −0.116% | $881K | $87K | 20x | |
| Binance UVXYUSDT | +0.1600% | 8h | 17.193 | −0.040% | $2.1M | $1.7M | 20x | as long as short |
| GRVT UVXY_USDT_Perp | +0.2162% | 8h | 17.192 | −0.046% | $6K | $145K | 10x | as long as short |
BloFin UVXY-USDT
Binance UVXYUSDT
GRVT UVXY_USDT_Perp