UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.1173%/8h= −128.4% APRnext payment −$11.73 per $10,000 · paid last 24h −0.082%

Price spread now: SunX against KuCoin−0.058%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$861as in the Funding arb table

Net, price: spread back to 7d avg − costs−$857as in the Price arb table

costs, in and out, $10k−$8558.547% of the position

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 4 days (all we have)−0.142%−$14 · spread now −0.058%, 7d avg −0.034%

Together, before fees−0.201%−$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and SunX is 0.024% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.034%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.059% in total (about -3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$11.73 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	17.230	0.1173	pay 0.1173% / 8h	6h 15m	$151K	$938K	20x
Short	SunX UVXY-USDT	17.220	0	get 0.0000% / 8h	6h 15m	$1K	$334K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.058%Rate

Funding earned: −$246.33
Price spread: −0.058% → −0.034%: −$2.42
Slippage, 4 orders: −$834.71
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$1,103.46
Costs to cover: 8.547%
Break-even: never at this rate

Slippage from KuCoin: live order book, 32 min ago; SunX: live order book, 28 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, 32 min ago	2.90 bp	352.3 bp −$352	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 28 min ago	52.20 bp	88.4 bp −$88	doesn't fit	doesn't fit	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	17.220	−0.058%	$6K	$1K	20x	as long as short
Gate UVXY_USDT	0.0000%	8h	17.210	−0.116%	$393K	$220K	20x	as long as short
Bitget UVXYUSDT	0.0000%	8h	17.171	−0.342%	$789K	$242K	20x	as long as short
SunX UVXY-USDTshort	0.0000%	8h	17.220	−0.058%	$1K	$334K	10x
HTX UVXY-USDT	0.0000%	8h	17.250	+0.116%	$11K	$3K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.200	−0.174%	$1.2M	$125K	10x	as long as short
Bybit UVXYUSDT	+0.0306%	8h	17.230	0.000%	$1.1M	$181K	25x	as long as short
OKX UVXY-USDT-SWAP	+0.1143%	8h	17.210	−0.116%	$392K	$366K	20x	as long as short
KuCoin UVXYUSDTMlong	+0.1173%	8h	17.230	long leg	$151K	$938K	20x
Variational Omni UVXY	+0.1516%	8h	17.221	−0.051%	$97K	$6K	—	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin UVXY-USDT	+0.1582%	8h	17.240	+0.058%	$63K	$4K	20x	as long as short
MEXC UVXY_USDT	+0.1590%	8h	17.200	−0.174%	$882K	$86K	20x	as long as short
Binance UVXYUSDT	+0.1592%	8h	17.210	−0.116%	$2.1M	$1.7M	20x	as long as short
GRVT UVXY_USDT_Perp	+0.2355%	8h	17.229	−0.008%	$6K	$145K	10x	as long as short