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

MAV

all MAV markets
SwapBacktest
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 BingX+0.009%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$360as in the Funding arb table
Net, price: spread back to 7d avg − costs−$364as in the Price arb table
costs, in and out, $10k−$3603.602% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.009%, 7d avg +0.050%
Together, before fees−0.024%−$2 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 0.042% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MAV-USDT0.011520.0100pay 0.0100% / 8h6h 09m$1.2M
ShortBybit MAVUSDT0.011520.0100get 0.0100% / 8h6h 09m$553K$103K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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: +0.009% → +0.050%
−$4.17
Slippage, 4 orders
−$339.18
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$364.35
Costs to cover
3.602%
Break-even
never at this rate
Slippage from BingX: live order book, 15 min ago; Bybit: live order book, 50 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 BingX live order book, 15 min ago5.61 bp26.9 bp −$27137.5 bp −$1,375409.3 bp −$40.9K434.2 bp −$217.1K
Sell Bybit live order book, 50 min ago6.93 bp154.7 bp −$155doesn'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 MAVUSDT+0.0100%8h0.01151−0.128%$1.5M$649K10xas long as short
Bybit MAVUSDTshort+0.0100%8h0.01152+0.009%$553K$103K20x
MEXC MAV_USDT+0.0100%8h0.01150−0.174%$489K$100K50xas long as short
KuCoin MAVUSDTM+0.0100%8h0.011520.000%$50K$13K10xas long as short
Bitget MAVUSDT+0.0100%8h0.01154+0.174%$950K$43K10xas long as short
BingX MAV-USDTlong+0.0100%8h0.01152long leg$1.2M
Variational Omni MAV+0.0100%8h0.01155+0.252%$2K$3Kas long as short
Gate MAV_USDT+0.0536%8h0.01150−0.174%$225K$10K10xas long as short