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: Binance against Bybit−0.222%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$271as in the Funding arb table
Net, price: spread back to 7d avg − costs−$281as in the Price arb table
costs, in and out, $10k−$2692.686% 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)+0.168%+$17 · spread now −0.222%, 7d avg −0.095%
Together, before fees+0.149%+$15 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: Binance is 0.127% cheaper against Bybit than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.095%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MAVUSDT0.011700.0100pay 0.0100% / 8h3h 31m$561K$93K20x
ShortBinance MAVUSDT0.011670.0100get 0.0100% / 8h3h 31m$1.5M$640K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: −0.222% → −0.095%
−$12.69
Slippage, 4 orders
−$247.65
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$281.34
Costs to cover
2.686%
Break-even
never at this rate
Slippage from Bybit: live order book, 13 min ago; Binance: live order book, 1 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 Bybit live order book, 13 min ago5.12 bp121.4 bp −$121doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 1 min ago2.14 bp26.2 bp −$26312.1 bp −$3,121doesn'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 MAVUSDTshort+0.0100%8h0.01167−0.222%$1.5M$640K10x
Bybit MAVUSDTlong+0.0100%8h0.01170long leg$561K$93K20x
MEXC MAV_USDT+0.0100%8h0.01166−0.342%$508K$99K50xas long as short
KuCoin MAVUSDTM+0.0100%8h0.01171+0.085%$51K$13K10xas long as short
BingX MAV-USDT+0.0100%8h0.01169−0.111%$1.2Mas long as short
Variational Omni MAV+0.0100%8h0.01170−0.030%$2K$3Kas long as short
Bitget MAVUSDT+0.0110%8h0.011700.000%$963K$44K10xas long as short
Gate MAV_USDT+0.0687%8h0.01164−0.513%$228K$9K10xas long as short