Funding you earn now, next payment 16:00 UTC+0.1522%/8h= +166.6% APRnext payment +$15.22 per $10,000 · paid last 24h +0.087%
Price spread now: BloFin against Phemex−0.058%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 0.058% cheaper against Phemex than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 3 hours of funding at the current rate (+$46 a day). Mind the row above: over the last 7 days funding on this pair cost −0.062%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.062% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$15.22 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 | Phemex UVXYUSDT | 17.220 | 0 | get 0.0000% / 8h | 4h 44m | $1.2M | $135K | 10x |
| Short | BloFin UVXY-USDT | 17.210 | 0.1522 | get 0.1522% / 8h | 4h 44m | $64K | $4K | 20x |
Phemex UVXYUSDT
BloFin UVXY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $319.54
- Price spread: −0.058% → 0.000%
- −$5.81
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $289.73
- Costs to cover
- 0.240%
- Break-even
- 0.7 days
Slippage unknown: Phemex: live order book, 1 min ago; BloFin: no order-book sample. Net counts fees only.
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 Phemex live order book, 1 min ago | 14.51 bp | 53.9 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.109% | $6K | $1K | 20x | as long as short |
| Bybit UVXYUSDT | 0.0000% | 8h | 17.210 | −0.058% | $1.1M | $174K | 25x | as long as short |
| Gate UVXY_USDT | 0.0000% | 8h | 17.200 | −0.116% | $398K | $226K | 20x | as long as short |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.192 | −0.163% | $796K | $252K | 20x | as long as short |
| SunX UVXY-USDT | 0.0000% | 8h | 17.200 | −0.116% | $786 | $353K | 10x | as long as short |
| HTX UVXY-USDT | 0.0000% | 8h | 17.240 | +0.116% | $11K | $3K | 10x | as long as short |
| Phemex UVXYUSDTlong | 0.0000% | 8h | 17.220 | long leg | $1.2M | $135K | 10x | |
| OKX UVXY-USDT-SWAP | +0.1112% | 8h | 17.210 | −0.058% | $401K | $385K | 20x | as long as short |
| KuCoin UVXYUSDTM | +0.1176% | 8h | 17.220 | 0.000% | $152K | $999K | 20x | as long as short |
| Variational Omni UVXY | +0.1479% | 8h | 17.201 | −0.113% | $97K | $6K | — | as long as short |
Aster UVXYUSDT
Bybit UVXYUSDT
Gate UVXY_USDT
Bitget UVXYUSDT
SunX UVXY-USDT
HTX UVXY-USDT
OKX UVXY-USDT-SWAP
KuCoin UVXYUSDTM
Variational Omni UVXYShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin UVXY-USDTshort | +0.1522% | 8h | 17.210 | −0.058% | $64K | $4K | 20x | |
| GRVT UVXY_USDT_Perp | +0.1531% | 8h | 17.212 | −0.047% | $6K | $142K | 10x | as long as short |
| MEXC UVXY_USDT | +0.1540% | 8h | 17.190 | −0.174% | $882K | $85K | 20x | as long as short |
| Binance UVXYUSDT | +0.1541% | 8h | 17.215 | −0.032% | $2.2M | $1.8M | 20x | as long as short |
GRVT UVXY_USDT_Perp
MEXC UVXY_USDT
Binance UVXYUSDT