Funding you earn now, next payment 16:00 UTC+0.1469%/8h= +160.9% APRnext payment +$14.69 per $10,000 · paid last 24h +0.073%
Price spread now: Variational Omni against Phemex−0.201%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.201% cheaper against Phemex than usual: you would sell low and buy high (spread −0.201% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 11 hours of funding at the current rate (+$44 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex UVXYUSDT | 17.200 | 0 | get 0.0000% / 8h | 4h 47m | $1.2M | $135K | 10x |
| Short | Variational Omni UVXY | 17.165 | 0.1469 | get 0.1469% / 8h | 4h 47m | $97K | $6K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $308.49
- Price spread: −0.201% → 0.000%
- −$20.09
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $276.4
- Costs to cover
- 0.120%
- Break-even
- 0.7 days
Slippage unknown: Phemex: live order book, 3 min ago; Variational Omni: 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, 3 min ago | 5.82 bp | 55.9 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: 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 | 17.195 | −0.027% | $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 | 0.000% | $398K | $226K | 20x | as long as short |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.182 | −0.105% | $796K | $252K | 20x | as long as short |
| SunX UVXY-USDT | 0.0000% | 8h | 17.200 | 0.000% | $712 | $353K | 10x | as long as short |
| HTX UVXY-USDT | 0.0000% | 8h | 17.190 | −0.058% | $11K | $3K | 10x | as long as short |
| Phemex UVXYUSDTlong | 0.0000% | 8h | 17.200 | long leg | $1.2M | $135K | 10x | |
| OKX UVXY-USDT-SWAP | +0.1122% | 8h | 17.210 | +0.058% | $401K | $385K | 20x | as long as short |
| KuCoin UVXYUSDTM | +0.1173% | 8h | 17.210 | +0.058% | $152K | $998K | 20x | as long as short |
| Variational Omni UVXYshort | +0.1469% | 8h | 17.165 | −0.201% | $97K | $6K | — |
Show all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UVXY_USDT_Perp | +0.1514% | 8h | 17.201 | +0.007% | $6K | $142K | 10x | as long as short |
| MEXC UVXY_USDT | +0.1531% | 8h | 17.170 | −0.174% | $881K | $84K | 20x | as long as short |
| Binance UVXYUSDT | +0.1539% | 8h | 17.200 | 0.000% | $2.2M | $1.8M | 20x | as long as short |
| BloFin UVXY-USDT | +0.1542% | 8h | 17.190 | −0.058% | $64K | $4K | 20x | as long as short |
Phemex UVXYUSDT
Variational Omni UVXY
Aster UVXYUSDT
Bybit UVXYUSDT
Gate UVXY_USDT
Bitget UVXYUSDT
SunX UVXY-USDT
HTX UVXY-USDT
OKX UVXY-USDT-SWAP
KuCoin UVXYUSDTM
GRVT UVXY_USDT_Perp
MEXC UVXY_USDT
Binance UVXYUSDT
BloFin UVXY-USDT