UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.1112%/8h= −121.8% APRnext payment −$11.12 per $10,000 · paid last 24h −0.047%

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

Net, funding: paid 7d − costs−$242as in the Funding arb table

Net, price: spread back to 7d avg − costs−$241as in the Price arb table

costs, in and out, $10k−$2422.424% of the position

Long on OKX Short on SunX

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)−0.170%−$17 · spread now −0.058%, 7d avg −0.067%

Together, before fees−0.164%−$16 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: −$33 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 0.005% in total (about 0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$11.12 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	17.210	0.1112	pay 0.1112% / 8h	4h 44m	$401K	$385K	20x
Short	SunX UVXY-USDT	17.200	0	get 0.0000% / 8h	4h 44m	$786	$353K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.058%Rate

Funding earned: −$233.55
Price spread: −0.058% → −0.067%: $0.9
Slippage, 4 orders: −$224.36
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$475.01
Costs to cover: 2.424%
Break-even: never at this rate

Slippage from OKX: live order book, 59 min ago; SunX: live order book, 49 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, 59 min ago	5.82 bp	31.0 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 49 min ago	49.46 bp	89.0 bp −$89	doesn't fit	doesn't fit	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	17.201	−0.051%	$6K	$1K	20x	as long as short
Bybit UVXYUSDT	0.0000%	8h	17.210	0.000%	$1.1M	$174K	25x	as long as short
Gate UVXY_USDT	0.0000%	8h	17.200	−0.058%	$398K	$226K	20x	as long as short
Bitget UVXYUSDT	0.0000%	8h	17.192	−0.105%	$796K	$252K	20x	as long as short
SunX UVXY-USDTshort	0.0000%	8h	17.200	−0.058%	$786	$353K	10x
HTX UVXY-USDT	0.0000%	8h	17.240	+0.174%	$11K	$3K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.220	+0.058%	$1.2M	$135K	10x	as long as short
OKX UVXY-USDT-SWAPlong	+0.1112%	8h	17.210	long leg	$401K	$385K	20x
KuCoin UVXYUSDTM	+0.1176%	8h	17.220	+0.058%	$152K	$999K	20x	as long as short
Variational Omni UVXY	+0.1479%	8h	17.201	−0.055%	$97K	$6K	—	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin UVXY-USDT	+0.1522%	8h	17.210	0.000%	$64K	$4K	20x	as long as short
GRVT UVXY_USDT_Perp	+0.1531%	8h	17.212	+0.011%	$6K	$142K	10x	as long as short
MEXC UVXY_USDT	+0.1540%	8h	17.190	−0.116%	$882K	$85K	20x	as long as short
Binance UVXYUSDT	+0.1541%	8h	17.215	+0.026%	$2.2M	$1.8M	20x	as long as short