UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.1035%/8h= −113.3% APRnext payment −$10.35 per $10,000 · paid last 24h −0.089%

Price spread now: Bitget against MEXC−0.058%7-day average −0.104% · you buy dearer than you sell

Net, funding: paid 7d − costs−$148as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$1341.344% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.139%−$14 on $10k

Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.058%, 7d avg −0.104%

Together, before fees−0.080%−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.046% dearer against MEXC than usual: you sell high and buy low (spread −0.058% now, against its 7-day average of −0.104%): +$5 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.139% in total) that is about 2.3 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.139% in total (about -7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.35 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	MEXC UVXY_USDT	17.240	0.1035	pay 0.1035% / 8h	7h 37m	$884K	$86K	20x
Short	Bitget UVXYUSDT	17.230	0	get 0.0000% / 8h	7h 37m	$796K	$238K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now −0.058%Rate

Funding earned: −$217.35
Price spread: −0.058% → −0.104%: $4.65
Slippage, 4 orders: −$122.41
Fee MEXC: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$347.11
Costs to cover: 1.344%
Break-even: never at this rate

Slippage from MEXC: live order book, 53 min ago; Bitget: live order book, 18 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 MEXC live order book, 53 min ago	11.63 bp	16.5 bp −$16	41.6 bp −$416	172.8 bp −$17.3K	doesn't fit
Sell Bitget live order book, 18 min ago	10.44 bp	68.4 bp −$68	93.2 bp −$932	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	17.239	−0.003%	$6K	$1K	20x	as long as short
Bybit UVXYUSDT	0.0000%	8h	17.280	+0.232%	$1.1M	$183K	25x	as long as short
Gate UVXY_USDT	0.0000%	8h	17.240	0.000%	$394K	$227K	20x	as long as short
Bitget UVXYUSDTshort	0.0000%	8h	17.230	−0.058%	$796K	$238K	20x
SunX UVXY-USDT	0.0000%	8h	17.250	+0.058%	$887	$315K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.260	+0.116%	$1.2M	$117K	10x	as long as short
HTX UVXY-USDT	+0.0395%	8h	17.260	+0.116%	$11K	$3K	10x	as long as short
OKX UVXY-USDT-SWAP	+0.0639%	8h	17.260	+0.116%	$390K	$361K	20x	as long as short
KuCoin UVXYUSDTM	+0.0782%	8h	17.270	+0.174%	$162K	$835K	20x	as long as short
Variational Omni UVXY	+0.0939%	8h	17.257	+0.099%	$97K	$7K	—	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	+0.1020%	8h	17.240	0.000%	$62K	$3K	20x	as long as short
MEXC UVXY_USDTlong	+0.1035%	8h	17.240	long leg	$884K	$86K	20x
Binance UVXYUSDT	+0.1045%	8h	17.250	+0.058%	$2.1M	$1.5M	20x	as long as short
GRVT UVXY_USDT_Perp	+0.3358%	8h	17.260	+0.116%	$6K	$151K	10x	as long as short