UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.1176%/8h= +128.8% APRnext payment +$11.76 per $10,000 · paid last 24h +0.082%

Price spread now: KuCoin against SunX+0.116%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$840as in the Funding arb table

Net, price: spread back to 7d avg − costs−$838as in the Price arb table

costs, in and out, $10k−$8468.457% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.059%+$6 on $10k

Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.116%, 7d avg +0.036%

Together, before fees+0.071%+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and KuCoin is 0.081% dearer against SunX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.036%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.059% in total (about 3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$11.76 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	SunX UVXY-USDT	17.200	0	get 0.0000% / 8h	4h 44m	$786	$353K	10x
Short	KuCoin UVXYUSDTM	17.220	0.1176	get 0.1176% / 8h	4h 44m	$152K	$999K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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 SunXbpFee KuCoinbpOrdersPrice spread, now +0.116%Rate

Funding earned: $246.96
Price spread: +0.116% → +0.036%: $8.05
Slippage, 4 orders: −$825.67
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$590.66
Costs to cover: 8.457%
Break-even: 23.7 days

Slippage from SunX: live order book, 49 min ago; KuCoin: live order book, 53 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, 49 min ago	49.46 bp	88.4 bp −$88	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 53 min ago	11.62 bp	312.0 bp −$312	doesn't fit	doesn't fit	doesn't fit

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	+0.007%	$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	17.192	−0.047%	$796K	$252K	20x	as long as short
SunX UVXY-USDTlong	0.0000%	8h	17.200	long leg	$786	$353K	10x
HTX UVXY-USDT	0.0000%	8h	17.240	+0.233%	$11K	$3K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.220	+0.116%	$1.2M	$135K	10x	as long as short
OKX UVXY-USDT-SWAP	+0.1112%	8h	17.210	+0.058%	$401K	$385K	20x	as long as short
KuCoin UVXYUSDTMshort	+0.1176%	8h	17.220	+0.116%	$152K	$999K	20x
Variational Omni UVXY	+0.1479%	8h	17.201	+0.004%	$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	+0.1522%	8h	17.210	+0.058%	$64K	$4K	20x	as long as short
GRVT UVXY_USDT_Perp	+0.1531%	8h	17.212	+0.069%	$6K	$142K	10x	as long as short
MEXC UVXY_USDT	+0.1540%	8h	17.190	−0.058%	$882K	$85K	20x	as long as short
Binance UVXYUSDT	+0.1541%	8h	17.215	+0.085%	$2.2M	$1.8M	20x	as long as short