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: BingX against Bybit+0.017%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$278as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2782.776% 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)+0.032%+$3 · spread now +0.017%, 7d avg −0.048%
Together, before fees+0.032%+$3 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 0.065% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MAVUSDT0.011700.0100pay 0.0100% / 8h3h 31m$561K$93K20x
ShortBingX MAV-USDT0.011700.0100get 0.0100% / 8h3h 31m$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.017% → −0.048%
$6.47
Slippage, 4 orders
−$256.65
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$271.18
Costs to cover
2.776%
Break-even
never at this rate
Slippage from Bybit: live order book, 14 min ago; BingX: live order book, 9 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, 14 min ago5.12 bp121.4 bp −$121doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 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%8h0.01169−0.065%$1.5M$640K10xas long as short
Bybit MAVUSDTlong+0.0100%8h0.01170long leg$561K$93K20x
MEXC MAV_USDT+0.0100%8h0.01169−0.103%$510K$99K50xas long as short
KuCoin MAVUSDTM+0.0100%8h0.01172+0.154%$51K$13K10xas long as short
BingX MAV-USDTshort+0.0100%8h0.01170+0.017%$1.2M
Variational Omni MAV+0.0100%8h0.01170−0.047%$2K$3Kas long as short
Bitget MAVUSDT+0.0110%8h0.01170−0.017%$963K$44K10xas long as short
Gate MAV_USDT+0.0687%8h0.01165−0.444%$228K$9K10xas long as short