Funding you earn now, next payment 16:00 UTC+0.0813%/8h= +89.0% APRnext payment +$8.13 per $10,000 · paid last 24h +0.047%
Price spread now: OKX against SunX0.000%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$287as in the Funding arb table
Net, price: spread back to 7d avg − costs−$293as in the Price arb table
costs, in and out, $10k−$2862.863% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)+0.569%+$57 · spread now 0.000%, 7d avg +0.070%
=Funding pays, the price is against you. OKX is 0.070% cheaper against SunX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.070%). If the spread goes back, that is −$7 on $10k: about 7 hours of funding at the current rate (+$24 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.13 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 | OKX UVXY-USDT-SWAP | 17.300 | 0.0813 | get 0.0813% / 8h | 7h 21m | $392K | $367K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $170.76
- Price spread: 0.000% → +0.070%
- −$7.01
- Slippage, 4 orders
- −$268.33
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$122.58
- Costs to cover
- 2.863%
- Break-even
- 12.0 days
Slippage from SunX: live order book, 19 min ago; OKX: live order book, 9 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 OKX live order book, 9 min ago | 5.78 bp | 47.2 bp −$47 | doesn't fit | doesn't fit | 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 | 17.269 | −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-SWAPshort | +0.0813% | 8h | 17.300 | 0.000% | $392K | $367K | 20x | |
| 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_USDT | +0.1240% | 8h | 17.280 | −0.116% | $886K | $86K | 20x | as long as short |
| 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
OKX UVXY-USDT-SWAP
Aster UVXYUSDT
Gate UVXY_USDT
Bitget UVXYUSDT
Phemex UVXYUSDT
Bybit UVXYUSDT
KuCoin UVXYUSDTM
Variational Omni UVXY
BloFin UVXY-USDT
MEXC UVXY_USDT
Binance UVXYUSDT
HTX UVXY-USDT
GRVT UVXY_USDT_Perp