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

MAV

all MAV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0055%/8h= −6.0% APRnext payment $0.55 per $10,000 · paid last 24h −0.007%
Price spread now: MEXC against Bitget−0.338%7-day average −0.245% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1091.086% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 4 days (all we have)+0.338%+$34 · spread now −0.338%, 7d avg −0.245%
Together, before fees+0.324%+$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.093% cheaper against Bitget than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.245%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MAVUSDT0.011840.0155pay 0.0155% / 8h7h 39m$984K$62K10x
ShortMEXC MAV_USDT0.011800.0100get 0.0100% / 8h7h 39m$541K$104K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$11.55
Price spread: −0.338% → −0.245%
−$9.31
Slippage, 4 orders
−$88.58
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$129.44
Costs to cover
1.086%
Break-even
never at this rate
Slippage from Bitget: live order book, 56 min ago; MEXC: 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 Bitget live order book, 56 min ago8.52 bp43.7 bp −$44848.9 bp −$8,489doesn't fitdoesn't fit
Sell MEXC live order book, 50 min ago8.52 bp22.4 bp −$2298.5 bp −$985254.7 bp −$25.5K336.0 bp −$168.0K

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%8h0.01180−0.325%$1.5M$747K10xas long as short
Bybit MAVUSDT+0.0100%8h0.01182−0.135%$577K$102K20xas long as short
MEXC MAV_USDTshort+0.0100%8h0.01180−0.338%$541K$104K50x
KuCoin MAVUSDTM+0.0100%8h0.011840.000%$53K$15K10xas long as short
Variational Omni MAV+0.0100%8h0.01185+0.043%$2K$3Kas long as short
Bitget MAVUSDTlong+0.0155%8h0.01184long leg$984K$62K10x
BingX MAV-USDT+0.0156%8h0.01180−0.304%$1.2Mas long as short
Gate MAV_USDT+0.1877%8h0.01178−0.507%$232K$10K10xas long as short