Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Binance+0.059%7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1561.560% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now +0.059%, 7d avg −0.068%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.127% dearer against Binance than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MVLLUSDT | 33.640 | 0 | get 0.0000% / 8h | 52m 07s | $3.4M | $41.5M | 20x |
| Short | KuCoin MVLLUSDTM | 33.660 | 0.0100 | get 0.0100% / 8h | 52m 07s | $181K | $492K | 20x |
Binance MVLLUSDT
KuCoin MVLLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: +0.059% → −0.068%
- $12.73
- Slippage, 4 orders
- −$134.03
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$122.29
- Costs to cover
- 1.560%
- Break-even
- 47.8 days
Slippage from Binance: live order book, 5 min ago; KuCoin: live order book, 52 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, 5 min ago | 2.97 bp | 11.4 bp −$11 | 41.4 bp −$414 | 174.8 bp −$17.5K | doesn't fit |
| Sell KuCoin live order book, 52 min ago | 17.89 bp | 41.7 bp −$42 | doesn't fit | 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 MVLLUSDT | −0.1736% | 8h | 33.670 | +0.089% | $788K | $937K | 20x | as long as short |
| Binance MVLLUSDTlong | 0.0000% | 8h | 33.640 | long leg | $3.4M | $41.5M | 20x | |
| Bybit MVLLUSDT | 0.0000% | 8h | 33.690 | +0.149% | $511K | $427K | 25x | as long as short |
| OKX MVLL-USDT-SWAP | 0.0000% | 8h | 33.650 | +0.030% | $801K | $1.3M | 10x | as long as short |
| Gate MVLL_USDT | 0.0000% | 8h | 33.640 | 0.000% | $486K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 33.660 | +0.059% | $4.5M | $1.4M | 20x | as long as short |
| Phemex MVLLUSDT | 0.0000% | 8h | 33.640 | 0.000% | $1.7M | $1.2M | 10x | as long as short |
| KuCoin MVLLUSDTMshort | +0.0100% | 8h | 33.660 | +0.059% | $181K | $492K | 20x | |
| HTX MVLL-USDT | +0.0100% | 8h | 33.590 | −0.149% | $8K | $270K | 10x | as long as short |
Bitget MVLLUSDT
Bybit MVLLUSDT
OKX MVLL-USDT-SWAP
Gate MVLL_USDT
MEXC MVLL_USDT
Phemex MVLLUSDT
HTX MVLL-USDT