UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.1044%/8h= −114.3% APRnext payment −$10.44 per $10,000 · paid last 24h −0.089%

Price spread now: SunX against MEXC+0.058%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$207as in the Funding arb table

Net, price: spread back to 7d avg − costs−$206as in the Price arb table

costs, in and out, $10k−$2122.122% of the position

Long on MEXC Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.050%+$5 on $10k

Price spread, last 4 days (all we have)−0.514%−$51 · spread now +0.058%, 7d avg −0.007%

Together, before fees−0.464%−$46 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.065% dearer against MEXC than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of −0.007%): +$7 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 5 hours. Mind the row above: over the last 7 days funding on this pair paid +0.050%, 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 0.050% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.44 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	0.1044	pay 0.1044% / 8h	7h 37m	$884K	$86K	20x
Short	SunX UVXY-USDT	17.250	0	get 0.0000% / 8h	7h 37m	$983	$315K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.058%Rate

Funding earned: −$219.24
Price spread: +0.058% → −0.007%: $6.52
Slippage, 4 orders: −$204.2
Fee MEXC: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$424.92
Costs to cover: 2.122%
Break-even: never at this rate

Slippage from MEXC: live order book, 54 min ago; SunX: live order book, 4 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, 54 min ago	11.63 bp	16.5 bp −$16	41.6 bp −$416	172.8 bp −$17.3K	doesn't fit
Sell SunX live order book, 4 min ago	52.14 bp	87.5 bp −$88	doesn't fit	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	17.240	−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 UVXYUSDT	0.0000%	8h	17.230	−0.058%	$796K	$238K	20x	as long as short
SunX UVXY-USDTshort	0.0000%	8h	17.250	+0.058%	$983	$315K	10x
Phemex UVXYUSDT	0.0000%	8h	17.270	+0.174%	$1.2M	$117K	10x	as long as short
HTX UVXY-USDT	+0.0375%	8h	17.260	+0.116%	$11K	$3K	10x	as long as short
OKX UVXY-USDT-SWAP	+0.0644%	8h	17.300	+0.348%	$390K	$364K	20x	as long as short
KuCoin UVXYUSDTM	+0.0791%	8h	17.270	+0.174%	$161K	$837K	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
MEXC UVXY_USDTlong	+0.1044%	8h	17.240	long leg	$884K	$86K	20x
Binance UVXYUSDT	+0.1050%	8h	17.268	+0.163%	$2.1M	$1.5M	20x	as long as short
BloFin UVXY-USDT	+0.1072%	8h	17.280	+0.232%	$62K	$4K	20x	as long as short
GRVT UVXY_USDT_Perp	+0.3138%	8h	17.247	+0.042%	$6K	$151K	10x	as long as short