UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0388%/8h= +42.5% APRnext payment +$3.88 per $10,000 · paid last 24h +0.042%

Price spread now: Binance against OKX−0.058%7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$106as in the Price arb table

costs, in and out, $10k−$980.981% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$5 on $10k

Price spread, last 4 days (all we have)−0.015%−$2 · spread now −0.058%, 7d avg +0.017%

Together, before fees−0.061%−$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.076% cheaper against OKX than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.017%). If the spread goes back, that is −$8 on $10k: about 16 hours of funding at the current rate (+$12 a day).

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 -2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.88 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	OKX UVXY-USDT-SWAP	17.180	0.1143	pay 0.1143% / 8h	5h 05m	$400K	$387K	20x
Short	Binance UVXYUSDT	17.170	0.1531	get 0.1531% / 8h	5h 05m	$2.2M	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now −0.058%Rate

Funding earned: $81.44
Price spread: −0.058% → +0.017%: −$7.56
Slippage, 4 orders: −$78.07
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$24.18
Costs to cover: 0.981%
Break-even: 9.1 days

Slippage from OKX: live order book, 38 min ago; Binance: live order book, 7 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 OKX live order book, 38 min ago	5.82 bp	31.0 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	2.91 bp	13.4 bp −$13	19.2 bp −$192	94.0 bp −$9,400	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	17.180	0.000%	$6K	$1K	20x	as long as short
Bybit UVXYUSDT	0.0000%	8h	17.190	+0.058%	$1.1M	$175K	25x	as long as short
Gate UVXY_USDT	0.0000%	8h	17.170	−0.058%	$396K	$227K	20x	as long as short
Bitget UVXYUSDT	0.0000%	8h	17.159	−0.122%	$795K	$255K	20x	as long as short
SunX UVXY-USDT	0.0000%	8h	17.170	−0.058%	$1K	$353K	10x	as long as short
HTX UVXY-USDT	0.0000%	8h	17.180	0.000%	$11K	$3K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.170	−0.058%	$1.2M	$134K	10x	as long as short
KuCoin UVXYUSDTM	+0.1132%	8h	17.210	+0.175%	$151K	$985K	20x	as long as short
OKX UVXY-USDT-SWAPlong	+0.1143%	8h	17.180	long leg	$400K	$387K	20x
Variational Omni UVXY	+0.1470%	8h	17.170	−0.056%	$97K	$6K	—	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT UVXY_USDT_Perp	+0.1528%	8h	17.178	−0.012%	$6K	$141K	10x	as long as short
Binance UVXYUSDTshort	+0.1531%	8h	17.170	−0.058%	$2.2M	$1.8M	20x
MEXC UVXY_USDT	+0.1533%	8h	17.160	−0.116%	$880K	$87K	20x	as long as short
BloFin UVXY-USDT	+0.1544%	8h	17.190	+0.058%	$63K	$4K	20x	as long as short