Funding you earn now, next payment 16:00 UTC−0.1531%/8h= −167.6% APRnext payment −$15.31 per $10,000 · paid last 24h −0.089%
Price spread now: Bybit against MEXC+0.175%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1961.961% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.175%, 7d avg +0.098%
=The price spread pays, funding is against you. Bybit is 0.076% dearer against MEXC than usual: you sell high and buy low (spread +0.175% now, against its 7-day average of +0.098%): +$8 on $10k if it goes back. Holding the pair costs −$46 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.163% in total) that is about 3.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.163% in total (about -8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$15.31 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 | MEXC UVXY_USDT | 17.180 | 0.1531 | pay 0.1531% / 8h | 4h 47m | $881K | $84K | 20x |
| Short | Bybit UVXYUSDT | 17.210 | 0 | get 0.0000% / 8h | 4h 47m | $1.1M | $174K | 25x |
MEXC UVXY_USDT
Bybit UVXYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- −$321.51
- Price spread: +0.175% → +0.098%
- $7.64
- Slippage, 4 orders
- −$185.12
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$509.99
- Costs to cover
- 1.961%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 52 min ago; Bybit: live order book, 1 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, 52 min ago | 8.73 bp | 16.2 bp −$16 | 43.0 bp −$430 | 170.0 bp −$17.0K | 280.2 bp −$140.1K |
| Sell Bybit live order book, 1 min ago | 8.71 bp | 78.4 bp −$78 | 230.3 bp −$2,303 | 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 | 17.195 | +0.087% | $6K | $1K | 20x | as long as short |
| Bybit UVXYUSDTshort | 0.0000% | 8h | 17.210 | +0.175% | $1.1M | $174K | 25x | |
| Gate UVXY_USDT | 0.0000% | 8h | 17.200 | +0.116% | $398K | $226K | 20x | as long as short |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.181 | +0.006% | $796K | $252K | 20x | as long as short |
| SunX UVXY-USDT | 0.0000% | 8h | 17.200 | +0.116% | $786 | $353K | 10x | as long as short |
| HTX UVXY-USDT | 0.0000% | 8h | 17.190 | +0.058% | $11K | $3K | 10x | as long as short |
| Phemex UVXYUSDT | 0.0000% | 8h | 17.200 | +0.116% | $1.2M | $135K | 10x | as long as short |
| OKX UVXY-USDT-SWAP | +0.1122% | 8h | 17.210 | +0.175% | $401K | $385K | 20x | as long as short |
| KuCoin UVXYUSDTM | +0.1173% | 8h | 17.210 | +0.175% | $152K | $998K | 20x | as long as short |
| Variational Omni UVXY | +0.1469% | 8h | 17.165 | −0.085% | $97K | $6K | — | as long as short |
Aster UVXYUSDT
Gate UVXY_USDT
Bitget UVXYUSDT
SunX UVXY-USDT
HTX UVXY-USDT
Phemex UVXYUSDT
OKX UVXY-USDT-SWAP
KuCoin UVXYUSDTM
Variational Omni UVXYShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UVXY_USDT_Perp | +0.1514% | 8h | 17.201 | +0.123% | $6K | $142K | 10x | as long as short |
| MEXC UVXY_USDTlong | +0.1531% | 8h | 17.180 | long leg | $881K | $84K | 20x | |
| Binance UVXYUSDT | +0.1539% | 8h | 17.200 | +0.116% | $2.2M | $1.8M | 20x | as long as short |
| BloFin UVXY-USDT | +0.1541% | 8h | 17.190 | +0.058% | $64K | $4K | 20x | as long as short |
GRVT UVXY_USDT_Perp
Binance UVXYUSDT
BloFin UVXY-USDT