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

MAV

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRnext payment $0.02 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget−0.205%7-day average −0.158% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1171.166% 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)+0.105%+$11 · spread now −0.205%, 7d avg −0.158%
Together, before fees+0.105%+$11 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: BingX is 0.047% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.158%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MAVUSDT0.011700.0102pay 0.0102% / 8h3h 33m$963K$44K10x
ShortBingX MAV-USDT0.011680.0100get 0.0100% / 8h3h 33m$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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
−$0.42
Price spread: −0.205% → −0.158%
−$4.67
Slippage, 4 orders
−$94.63
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$121.73
Costs to cover
1.166%
Break-even
never at this rate
Slippage from Bitget: live order book, 17 min ago; BingX: live order book, 7 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 Bitget live order book, 17 min ago4.27 bp30.2 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago6.84 bp32.2 bp −$32132.4 bp −$1,324506.8 bp −$50.7K539.6 bp −$269.8K

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%8h0.01167−0.266%$1.5M$641K10xas long as short
Bybit MAVUSDT+0.0100%8h0.01169−0.077%$561K$93K20xas long as short
MEXC MAV_USDT+0.0100%8h0.01166−0.342%$508K$99K50xas long as short
KuCoin MAVUSDTM+0.0100%8h0.01168−0.171%$51K$13K10xas long as short
BingX MAV-USDTshort+0.0100%8h0.01168−0.205%$1.2M
Variational Omni MAV+0.0100%8h0.01170−0.030%$2K$3Kas long as short
Bitget MAVUSDTlong+0.0102%8h0.01170long leg$963K$44K10x
Gate MAV_USDT+0.0673%8h0.01165−0.427%$228K$9K10xas long as short