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
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG16.85000.0000% / 1h45m 42s$366K$70K30xLong QFEX
SHORT16.95000.0000% / 8h1h 45m$720K$338K20xShort Gate
Price gap+0.593%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$259 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding$00.0000% /8h now · paid 0.000% over the last 4 days (all we have)
Price+$259spread +0.593% now, avg −2.001% → +2.595% if it goes back
Costs−$6586.585% 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

Gate price against QFEXnow
RANGE STATS · 7D
Now+0.593%
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

1 ok · 4 to watch
  • Watch: Thin at this size260.1 / 104.2 bp
    At $10k entering QFEX costs 260.1 bp, fee and slippage, 2.5× Gate’s.
  • Note: Margin at max leverage$333 + $500
    QFEX 30x, Gate 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: $0.00Long QFEX: 24 payments, $0.00; short Gate: 3 payments, $0.00.
  • OK: Entry gap works for you+0.593% vs −2.001%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$366K vs $720K OI
    QFEX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCQFEX No · Gate Yes
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned0.0000%/8h × 21 periods−$0.01
Price spread+0.593% → −2.001% (7d avg)+$259.48
Slippage, 4 orderslive order books−$633.47
Fee QFEX bp × 2 orders−$10.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$399.00
Costs to cover6.585%Break-evennever at this rate
Slippage: QFEX: live order book, 44 min ago; Gate: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGQFEX153.03260.1 bp−$260doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTGate5.88104.2 bp−$104doesn’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