Funding arb · Price arb /

UVXY

RWAall UVXY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Phemex+0.175%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.175% dearer against Phemex than usual: you sell high and buy low, +$17 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex UVXYUSDT	17.180	0	get 0.0000% / 8h	5h 26m	$1.2M	$131K	10x
Short	HTX UVXY-USDT	17.210	0	get 0.0000% / 8h	5h 26m	$11K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Phemex. 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 PhemexbpFee HTXbpOrdersPrice spread, now +0.175%Rate

Funding earned: $0
Price spread: +0.175% → 0.000%: $17.46
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$6.54
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 4 min ago; HTX: 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, 4 min ago	8.73 bp	76.4 bp −$76	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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	17.172	−0.046%	$6K	$1K	20x	as long as short
Bybit UVXYUSDT	0.0000%	8h	17.190	+0.058%	$1.1M	$175K	25x	as long as short
Gate UVXY_USDT	0.0000%	8h	17.160	−0.116%	$395K	$224K	20x	as long as short
Bitget UVXYUSDT	0.0000%	8h	17.154	−0.151%	$793K	$255K	20x	as long as short
SunX UVXY-USDT	0.0000%	8h	17.180	0.000%	$1K	$349K	10x	as long as short
HTX UVXY-USDTshort	0.0000%	8h	17.210	+0.175%	$11K	$3K	10x
Phemex UVXYUSDTlong	0.0000%	8h	17.180	long leg	$1.2M	$131K	10x
KuCoin UVXYUSDTM	+0.1109%	8h	17.200	+0.116%	$151K	$975K	20x	as long as short
OKX UVXY-USDT-SWAP	+0.1185%	8h	17.180	0.000%	$400K	$387K	20x	as long as short
Variational Omni UVXY	+0.1529%	8h	17.181	+0.006%	$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	+0.1579%	8h	17.180	0.000%	$63K	$4K	20x	as long as short
Binance UVXYUSDT	+0.1589%	8h	17.180	0.000%	$2.2M	$1.7M	20x	as long as short
MEXC UVXY_USDT	+0.1590%	8h	17.170	−0.058%	$881K	$86K	20x	as long as short
GRVT UVXY_USDT_Perp	+0.1748%	8h	17.189	+0.052%	$6K	$142K	10x	as long as short