Funding you earn now, next payment 16:00 UTC−0.0452%/8h= −49.5% APRnext payment −$4.52 per $10,000 · paid last 24h −0.007%
Price spread now: KuCoin against MEXC+0.174%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$707as in the Funding arb table
Net, price: spread back to 7d avg − costs−$703as 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)−0.146%−$15 · spread now +0.174%, 7d avg +0.030%
=The price spread pays, funding is against you. KuCoin is 0.145% dearer against MEXC than usual: you sell high and buy low (spread +0.174% now, against its 7-day average of +0.030%): +$14 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 26 hours. Mind the row above: over the last 7 days funding on this pair paid +0.110%, so the current rate has only just turned against you.
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 −$4.52 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 | 17.200 | 0.1595 | pay 0.1595% / 8h | 6h 08m | $882K | $87K | 20x |
| Short | KuCoin UVXYUSDTM | 17.230 | 0.1143 | get 0.1143% / 8h | 6h 08m | $152K | $946K | 20x |
MEXC UVXY_USDT
KuCoin UVXYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$94.92
- Price spread: +0.174% → +0.030%
- $14.45
- Slippage, 4 orders
- −$705.47
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$797.94
- Costs to cover
- 7.175%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 39 min ago; KuCoin: live order book, 38 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, 39 min ago | 11.61 bp | 23.3 bp −$23 | 59.1 bp −$591 | 178.1 bp −$17.8K | doesn't fit |
| Sell KuCoin live order book, 38 min ago | 2.90 bp | 316.6 bp −$317 | 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 | +0.116% | $6K | $1K | 20x | as long as short |
| Gate UVXY_USDT | 0.0000% | 8h | 17.200 | 0.000% | $393K | $221K | 20x | as long as short |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.171 | −0.169% | $789K | $242K | 20x | as long as short |
| SunX UVXY-USDT | 0.0000% | 8h | 17.200 | 0.000% | $1K | $334K | 10x | as long as short |
| Phemex UVXYUSDT | 0.0000% | 8h | 17.210 | +0.058% | $1.2M | $124K | 10x | as long as short |
| HTX UVXY-USDT | +0.0013% | 8h | 17.230 | +0.174% | $11K | $3K | 10x | as long as short |
| Bybit UVXYUSDT | +0.0208% | 8h | 17.230 | +0.174% | $1.1M | $180K | 25x | as long as short |
| KuCoin UVXYUSDTMshort | +0.1143% | 8h | 17.230 | +0.174% | $152K | $946K | 20x | |
| OKX UVXY-USDT-SWAP | +0.1159% | 8h | 17.220 | +0.116% | $392K | $365K | 20x | as long as short |
| Variational Omni UVXY | +0.1522% | 8h | 17.206 | +0.036% | $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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC UVXY_USDTlong | +0.1595% | 8h | 17.200 | long leg | $882K | $87K | 20x | |
| Binance UVXYUSDT | +0.1595% | 8h | 17.210 | +0.058% | $2.1M | $1.7M | 20x | as long as short |
| BloFin UVXY-USDT | +0.1599% | 8h | 17.200 | 0.000% | $63K | $4K | 20x | as long as short |
| GRVT UVXY_USDT_Perp | +0.2240% | 8h | 17.204 | +0.025% | $6K | $145K | 10x | as long as short |
Binance UVXYUSDT
BloFin UVXY-USDT
GRVT UVXY_USDT_Perp