UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0736%/8h= −80.6% APRnext payment −$7.36 per $10,000 · paid last 24h −0.047%

Price spread now: Gate against OKX−0.173%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$380as in the Funding arb table

Net, price: spread back to 7d avg − costs−$395as in the Price arb table

costs, in and out, $10k−$3813.809% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%+$1 on $10k

Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.173%, 7d avg −0.028%

Together, before fees+0.122%+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Gate is 0.145% cheaper against OKX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.028%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.005% in total (about 0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.36 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	OKX UVXY-USDT-SWAP	17.300	0.0736	pay 0.0736% / 8h	7h 28m	$392K	$367K	20x
Short	Gate UVXY_USDT	17.270	0	get 0.0000% / 8h	7h 28m	$395K	$228K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.173%Rate

Funding earned: −$154.66
Price spread: −0.173% → −0.028%: −$14.52
Slippage, 4 orders: −$355.87
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$550.05
Costs to cover: 3.809%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago	5.78 bp	61.7 bp −$62	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	8.68 bp	112.9 bp −$113	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	17.261	−0.225%	$6K	$1K	20x	as long as short
Bybit UVXYUSDT	0.0000%	8h	17.320	+0.116%	$1.1M	$184K	25x	as long as short
Gate UVXY_USDTshort	0.0000%	8h	17.270	−0.173%	$395K	$228K	20x
Bitget UVXYUSDT	0.0000%	8h	17.267	−0.191%	$789K	$243K	20x	as long as short
SunX UVXY-USDT	0.0000%	8h	17.290	−0.058%	$1K	$315K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.280	−0.116%	$1.2M	$118K	10x	as long as short
HTX UVXY-USDT	+0.0505%	8h	17.320	+0.116%	$11K	$3K	10x	as long as short
OKX UVXY-USDT-SWAPlong	+0.0736%	8h	17.300	long leg	$392K	$367K	20x
KuCoin UVXYUSDTM	+0.0903%	8h	17.300	0.000%	$162K	$846K	20x	as long as short
Variational Omni UVXY	+0.1031%	8h	17.292	−0.045%	$97K	$7K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin UVXY-USDT	+0.1125%	8h	17.290	−0.058%	$62K	$4K	20x	as long as short
MEXC UVXY_USDT	+0.1150%	8h	17.270	−0.173%	$886K	$86K	20x	as long as short
Binance UVXYUSDT	+0.1157%	8h	17.300	0.000%	$2.1M	$1.6M	20x	as long as short
GRVT UVXY_USDT_Perp	+0.3457%	8h	17.298	−0.014%	$6K	$148K	10x	as long as short