Funding you earn now, next payment 16:00 UTC+0.0995%/8h= +109.0% APRnext payment +$9.95 per $10,000 · paid last 24h +0.089%
Price spread now: Binance against SunX−0.058%56s7-day average +0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2072.068% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+0.459%+$46 · spread now −0.058%, 7d avg +0.107%
=Funding pays, the price is against you. Binance is 0.165% cheaper against SunX than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.107%). If the spread goes back, that is −$16 on $10k: about 13 hours of funding at the current rate (+$30 a day). Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX UVXY-USDT | 17.260 | 0 | get 0.0000% / 8h | 7h 44m | $965 | $315K | 10x |
| Short | Binance UVXYUSDT | 17.250 | 0.0995 | get 0.0995% / 8h | 7h 44m | $2.1M | $1.5M | 20x |
SunX UVXY-USDT
Binance UVXYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $209
- Price spread: −0.058% → +0.107%
- −$16.45
- Slippage, 4 orders
- −$188.84
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$14.29
- Costs to cover
- 2.068%
- Break-even
- 7.5 days
Slippage from SunX: live order book, 66 min ago; Binance: live order book, 5 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 SunX live order book, 66 min ago | 49.35 bp | 84.1 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 2.90 bp | 19.3 bp −$19 | 44.6 bp −$446 | 113.1 bp −$11.3K | doesn't fit |
UVXY on 14 venues
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 | 17.225 | −0.201% | $6K | $1K | 20x | as long as short |
| Gate UVXY_USDT | 0.0000% | 8h | 17.240 | −0.116% | $394K | $227K | 20x | as long as short |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.221 | −0.226% | $796K | $238K | 20x | as long as short |
| SunX UVXY-USDTlong | 0.0000% | 8h | 17.260 | long leg | $965 | $315K | 10x | |
| Phemex UVXYUSDT | 0.0000% | 8h | 17.260 | 0.000% | $1.2M | $117K | 10x | as long as short |
| Bybit UVXYUSDT | +0.0003% | 8h | 17.270 | +0.058% | $1.1M | $183K | 25x | as long as short |
| HTX UVXY-USDT | +0.0393% | 8h | 17.290 | +0.174% | $11K | $3K | 10x | as long as short |
| OKX UVXY-USDT-SWAP | +0.0605% | 8h | 17.240 | −0.116% | $389K | $360K | 20x | as long as short |
| KuCoin UVXYUSDTM | +0.0722% | 8h | 17.260 | 0.000% | $161K | $828K | 20x | as long as short |
| Variational Omni UVXY | +0.0885% | 8h | 17.262 | +0.012% | $97K | $7K | — | as long as short |
Aster UVXYUSDT
Gate UVXY_USDT
Bitget UVXYUSDT
Phemex UVXYUSDT
Bybit UVXYUSDT
HTX UVXY-USDT
OKX UVXY-USDT-SWAP
KuCoin UVXYUSDTM
Variational Omni UVXYShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC UVXY_USDT | +0.0977% | 8h | 17.250 | −0.058% | $885K | $85K | 20x | as long as short |
| BloFin UVXY-USDT | +0.0984% | 8h | 17.260 | 0.000% | $62K | $3K | 20x | as long as short |
| Binance UVXYUSDTshort | +0.0995% | 8h | 17.250 | −0.058% | $2.1M | $1.5M | 20x | |
| GRVT UVXY_USDT_Perp | +0.3142% | 8h | 17.258 | −0.013% | $6K | $151K | 10x | as long as short |
MEXC UVXY_USDT
BloFin UVXY-USDT
GRVT UVXY_USDT_Perp