Funding you earn now, next payment 16:00 UTC+0.1240%/8h= +135.8% APRnext payment +$12.40 per $10,000 · paid last 24h +0.089%
Price spread now: MEXC against SunX−0.116%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2122.122% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)+0.572%+$57 · spread now −0.116%, 7d avg +0.007%
=Funding pays, the price is against you. MEXC is 0.123% cheaper against SunX than usual: you would sell low and buy high (spread −0.116% now, against its 7-day average of +0.007%). If the spread goes back, that is −$12 on $10k: about 8 hours of funding at the current rate (+$37 a day). Mind the row above: over the last 7 days funding on this pair cost −0.050%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.050% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.40 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 | 17.300 | 0 | get 0.0000% / 8h | 7h 21m | $941 | $317K | 10x |
| Short | MEXC UVXY_USDT | 17.280 | 0.1240 | get 0.1240% / 8h | 7h 21m | $886K | $86K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $260.4
- Price spread: −0.116% → +0.007%
- −$12.28
- Slippage, 4 orders
- −$204.2
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $35.92
- Costs to cover
- 2.122%
- Break-even
- 6.0 days
Slippage from SunX: live order book, 19 min ago; MEXC: live order book, 69 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, 19 min ago | 52.14 bp | 89.9 bp −$90 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 69 min ago | 11.63 bp | 18.4 bp −$18 | 26.8 bp −$268 | 81.7 bp −$8,172 | 235.8 bp −$117.9K |
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 | 17.269 | −0.179% | $6K | $1K | 20x | as long as short |
| Gate UVXY_USDT | 0.0000% | 8h | 17.310 | +0.058% | $396K | $228K | 20x | as long as short |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.278 | −0.127% | $790K | $254K | 20x | as long as short |
| SunX UVXY-USDTlong | 0.0000% | 8h | 17.300 | long leg | $941 | $317K | 10x | |
| Phemex UVXYUSDT | 0.0000% | 8h | 17.320 | +0.116% | $1.3M | $120K | 10x | as long as short |
| Bybit UVXYUSDT | +0.0545% | 8h | 17.330 | +0.173% | $1.1M | $182K | 25x | as long as short |
| OKX UVXY-USDT-SWAP | +0.0813% | 8h | 17.300 | 0.000% | $392K | $367K | 20x | as long as short |
| KuCoin UVXYUSDTM | +0.0977% | 8h | 17.300 | 0.000% | $161K | $850K | 20x | as long as short |
| Variational Omni UVXY | +0.1118% | 8h | 17.297 | −0.019% | $97K | $7K | — | as long as short |
| BloFin UVXY-USDT | +0.1228% | 8h | 17.310 | +0.058% | $62K | $4K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC UVXY_USDTshort | +0.1240% | 8h | 17.280 | −0.116% | $886K | $86K | 20x | |
| Binance UVXYUSDT | +0.1265% | 8h | 17.313 | +0.073% | $2.1M | $1.6M | 20x | as long as short |
| HTX UVXY-USDT | +0.1357% | 8h | 17.340 | +0.231% | $11K | $3K | 10x | as long as short |
| GRVT UVXY_USDT_Perp | +0.3704% | 8h | 17.292 | −0.047% | $6K | $147K | 10x | as long as short |
SunX UVXY-USDT
MEXC UVXY_USDT
Aster UVXYUSDT
Gate UVXY_USDT
Bitget UVXYUSDT
Phemex UVXYUSDT
Bybit UVXYUSDT
OKX UVXY-USDT-SWAP
KuCoin UVXYUSDTM
Variational Omni UVXY
BloFin UVXY-USDT
Binance UVXYUSDT
HTX UVXY-USDT
GRVT UVXY_USDT_Perp