Funding you earn now, next payment 08:00 UTC−0.1837%/8h= −201.2% APRnext payment −$18.37 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against Binance+0.059%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$980.978% of the position
Funding, last 7 days+0.141%+$14 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now +0.059%, 7d avg −0.002%
=The price spread pays, funding is against you. Bitget is 0.061% dearer against Binance than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of −0.002%): +$6 on $10k if it goes back. Holding the pair costs −$55 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 7 days funding on this pair paid +0.141%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.141% in total (about 7.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$18.37 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MVLLUSDT | 33.890 | 0 | get 0.0000% / 8h | 1h 58m | $3.5M | $41.0M | 20x |
| Short | Bitget MVLLUSDT | 33.910 | −0.1837 | pay 0.1837% / 8h | 1h 58m | $776K | $890K | 20x |
Binance MVLLUSDT
Bitget MVLLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$385.77
- Price spread: +0.059% → −0.002%
- $6.11
- Slippage, 4 orders
- −$75.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$477.44
- Costs to cover
- 0.978%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Bitget: live order book, 47 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 13 min ago | 1.48 bp | 12.2 bp −$12 | 47.4 bp −$474 | 113.8 bp −$11.4K | doesn't fit |
| Sell Bitget live order book, 47 min ago | 2.94 bp | 39.4 bp −$39 | 76.0 bp −$760 | doesn't fit | doesn't fit |
MVLL on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MVLLUSDTshort | −0.1837% | 8h | 33.910 | +0.059% | $776K | $890K | 20x | |
| Binance MVLLUSDTlong | 0.0000% | 8h | 33.890 | long leg | $3.5M | $41.0M | 20x | |
| Bybit MVLLUSDT | 0.0000% | 8h | 33.880 | −0.030% | $514K | $441K | 25x | as long as short |
| OKX MVLL-USDT-SWAP | 0.0000% | 8h | 33.930 | +0.118% | $811K | $1.3M | 10x | as long as short |
| Gate MVLL_USDT | 0.0000% | 8h | 33.860 | −0.089% | $485K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 33.830 | −0.177% | $4.2M | $1.4M | 20x | as long as short |
| Phemex MVLLUSDT | 0.0000% | 8h | 33.820 | −0.207% | $1.7M | $1.2M | 10x | as long as short |
| KuCoin MVLLUSDTM | +0.0100% | 8h | 33.810 | −0.236% | $181K | $512K | 20x | as long as short |
| HTX MVLL-USDT | +0.0100% | 8h | 33.810 | −0.236% | $9K | $266K | 10x | as long as short |
Bybit MVLLUSDT
OKX MVLL-USDT-SWAP
Gate MVLL_USDT
MEXC MVLL_USDT
Phemex MVLLUSDT
KuCoin MVLLUSDTM
HTX MVLL-USDT