Settings8H · net · $10k
Funding arb · Price arb /

MAV

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.121%7-day average +0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$331as in the Funding arb table
Net, price: spread back to 7d avg − costs−$355as in the Price arb table
costs, in and out, $10k−$3333.331% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.171%+$17 · spread now −0.121%, 7d avg +0.095%
Together, before fees+0.191%+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.216% cheaper against Binance than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.095%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MAVUSDT0.011600.0100pay 0.0100% / 8h4h 30m$1.5M$637K10x
ShortBybit MAVUSDT0.011580.0100get 0.0100% / 8h4h 30m$557K$93K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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

Funding earned
$0
Price spread: −0.121% → +0.095%
−$21.58
Slippage, 4 orders
−$312.13
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$354.71
Costs to cover
3.331%
Break-even
never at this rate
Slippage from Binance: live order book, 2 min ago; Bybit: live order book, 20 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago1.73 bp25.9 bp −$26894.4 bp −$8,944doesn't fitdoesn't fit
Sell Bybit live order book, 20 min ago8.21 bp135.1 bp −$135doesn't fitdoesn't fitdoesn't fit

MAV on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MAVUSDTlong+0.0100%8h0.01160long leg$1.5M$637K10x
Bybit MAVUSDTshort+0.0100%8h0.01158−0.121%$557K$93K20x
Gate MAV_USDT+0.0100%8h0.01156−0.310%$226K$9K10xas long as short
MEXC MAV_USDT+0.0100%8h0.01159−0.052%$503K$100K50xas long as short
KuCoin MAVUSDTM+0.0100%8h0.01159−0.052%$51K$13K10xas long as short
Bitget MAVUSDT+0.0100%8h0.01158−0.138%$953K$43K10xas long as short
BingX MAV-USDT+0.0100%8h0.01159−0.069%$1.2Mas long as short
Variational Omni MAV+0.0100%8h0.01160+0.069%$2K$3Kas long as short