Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG16.94000.0000% / 8h1h 01m$408K$224K20xLong OKX
SHORT16.89000.0000% / 1h1m 15s$367K$70K30xShort QFEX
Price gap−0.295%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 2.365% under its 7d average: the price leg works against you, −$236 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$20.0000% /8h now · paid −0.024% over the last 4 days (all we have)
Price−$236spread −0.295% now, avg +2.069% → −2.365% if it goes back
Costs−$1691.693% of $10k · taker + slippage, in and out

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

QFEX price against OKXnow
RANGE STATS · 7D
Now−0.295%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

UVXY on 15 exchanges

lowest funding first

Before you open

0 ok · 5 to watch
  • Watch: Thin at this size66.8 / 25.6 bp
    At $10k entering OKX costs 66.8 bp, fee and slippage, 2.6× QFEX’s.
  • Note: Margin at max leverage$500 + $333
    OKX 20x, QFEX 30x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: $0.00Long OKX: 3 payments, $0.00; short QFEX: 24 payments, $0.00.
  • Watch: Gap narrower than usual−0.295% vs +2.069%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$367K vs $408K OI
    QFEX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Yes · QFEX No
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0019%/8h × 21 periods−$3.89
Price spread−0.295% → +2.069% (7d avg)−$236.46
Slippage, 4 orderslive order books−$149.28
Fee OKX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k−$409.64
Costs to cover1.693%Break-evennever at this rate
Slippage: OKX: live order book, 54 min ago; QFEX: live order book, 23 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX5.8966.8 bp−$67doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTQFEX2.9525.6 bp−$26doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

UVXY news

posts that mention UVXY, from every exchangeSearch all news →
09-25 16:48QFEXListingnew market UVXY-USD ($UVXY) seen by our collector