UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0410%/8h= −44.9% APRnext payment −$4.10 per $10,000 · paid last 24h −0.042%

Price spread now: OKX against MEXC+0.117%7-day average +0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$1101.097% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.045%+$4 on $10k

Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.117%, 7d avg +0.067%

Together, before fees+0.022%+$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.050% dearer against MEXC than usual: you sell high and buy low (spread +0.117% now, against its 7-day average of +0.067%): +$5 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 10 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.045% in total (about 2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.10 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	17.160	0.1620	pay 0.1620% / 8h	5h 45m	$880K	$85K	20x
Short	OKX UVXY-USDT-SWAP	17.180	0.1210	get 0.1210% / 8h	5h 45m	$400K	$377K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.117%Rate

Funding earned: −$86.1
Price spread: +0.117% → +0.067%: $5
Slippage, 4 orders: −$99.68
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$190.79
Costs to cover: 1.097%
Break-even: never at this rate

Slippage from MEXC: live order book, 62 min ago; OKX: live order book, 63 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, 62 min ago	11.61 bp	23.3 bp −$23	59.1 bp −$591	178.1 bp −$17.8K	doesn't fit
Sell OKX live order book, 63 min ago	5.80 bp	46.5 bp −$47	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	17.218	+0.338%	$6K	$1K	20x	as long as short
Bybit UVXYUSDT	0.0000%	8h	17.190	+0.175%	$1.1M	$176K	25x	as long as short
Gate UVXY_USDT	0.0000%	8h	17.190	+0.175%	$396K	$223K	20x	as long as short
Bitget UVXYUSDT	0.0000%	8h	17.163	+0.017%	$790K	$252K	20x	as long as short
SunX UVXY-USDT	0.0000%	8h	17.180	+0.117%	$1K	$340K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.180	+0.117%	$1.2M	$129K	10x	as long as short
HTX UVXY-USDT	+0.0176%	8h	17.240	+0.466%	$11K	$3K	10x	as long as short
KuCoin UVXYUSDTM	+0.1110%	8h	17.210	+0.291%	$151K	$963K	20x	as long as short
OKX UVXY-USDT-SWAPshort	+0.1210%	8h	17.180	+0.117%	$400K	$377K	20x
Variational Omni UVXY	+0.1548%	8h	17.181	+0.120%	$97K	$6K	—	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UVXYUSDT	+0.1619%	8h	17.180	+0.117%	$2.1M	$1.7M	20x	as long as short
MEXC UVXY_USDTlong	+0.1620%	8h	17.160	long leg	$880K	$85K	20x
BloFin UVXY-USDT	+0.1622%	8h	17.170	+0.058%	$63K	$4K	20x	as long as short
GRVT UVXY_USDT_Perp	+0.1948%	8h	17.186	+0.149%	$6K	$142K	10x	as long as short