UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0407%/8h= +44.6% APRnext payment +$4.07 per $10,000 · paid last 24h +0.042%

Price spread now: MEXC against OKX−0.058%7-day average −0.067% · you buy dearer than you sell

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

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

Long on OKX Short on MEXC

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)−0.036%−$4 · spread now −0.058%, 7d avg −0.067%

Together, before fees−0.081%−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.

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 +$4.07 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	0.1213	pay 0.1213% / 8h	5h 45m	$400K	$377K	20x
Short	MEXC UVXY_USDT	17.170	0.1620	get 0.1620% / 8h	5h 45m	$881K	$85K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.058%Rate

Funding earned: $85.54
Price spread: −0.058% → −0.067%: $0.84
Slippage, 4 orders: −$99.68
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$23.3
Costs to cover: 1.097%
Break-even: 8.9 days

Slippage from OKX: live order book, 62 min ago; MEXC: live order book, 61 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, 62 min ago	5.80 bp	14.6 bp −$15	632.0 bp −$6,320	doesn't fit	doesn't fit
Sell MEXC live order book, 61 min ago	11.61 bp	25.3 bp −$25	41.4 bp −$414	89.0 bp −$8,900	230.9 bp −$115.5K

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	+0.220%	$6K	$1K	20x	as long as short
Gate UVXY_USDT	0.0000%	8h	17.190	+0.058%	$396K	$223K	20x	as long as short
Bitget UVXYUSDT	0.0000%	8h	17.163	−0.099%	$790K	$252K	20x	as long as short
SunX UVXY-USDT	0.0000%	8h	17.170	−0.058%	$1K	$340K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.190	+0.058%	$1.2M	$129K	10x	as long as short
Bybit UVXYUSDT	+0.0007%	8h	17.190	+0.058%	$1.1M	$176K	25x	as long as short
HTX UVXY-USDT	+0.0193%	8h	17.240	+0.349%	$11K	$3K	10x	as long as short
KuCoin UVXYUSDTM	+0.1107%	8h	17.200	+0.116%	$152K	$963K	20x	as long as short
OKX UVXY-USDT-SWAPlong	+0.1213%	8h	17.180	long leg	$400K	$377K	20x
Variational Omni UVXY	+0.1554%	8h	17.181	+0.004%	$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	17.185	+0.027%	$2.1M	$1.7M	20x	as long as short
MEXC UVXY_USDTshort	+0.1620%	8h	17.170	−0.058%	$881K	$85K	20x
BloFin UVXY-USDT	+0.1643%	8h	17.170	−0.058%	$63K	$4K	20x	as long as short
GRVT UVXY_USDT_Perp	+0.1974%	8h	17.183	+0.015%	$6K	$142K	10x	as long as short