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: Phemex against Binance−0.063%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1171.168% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 4 days (all we have)+0.518%+$52 · spread now −0.063%, 7d avg +0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.096% cheaper against Binance than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MVLLUSDT | 35.242 | 0 | get 0.0000% / 8h | 5h 08m | $3.5M | $39.0M | 20x |
| Short | Phemex MVLLUSDT | 35.220 | 0 | get 0.0000% / 8h | 5h 08m | $1.8M | $1.1M | 10x |
Binance MVLLUSDT
Phemex MVLLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.063% → +0.033%
- −$9.56
- Slippage, 4 orders
- −$94.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$126.36
- Costs to cover
- 1.168%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Phemex: live order book, 5 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, 3 min ago | 2.84 bp | 10.2 bp −$10 | 36.2 bp −$362 | 122.2 bp −$12.2K | doesn't fit |
| Sell Phemex live order book, 5 min ago | 4.26 bp | 52.3 bp −$52 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MVLLUSDTlong | 0.0000% | 8h | 35.242 | long leg | $3.5M | $39.0M | 20x | |
| Bybit MVLLUSDT | 0.0000% | 8h | 35.230 | −0.035% | $522K | $430K | 25x | as long as short |
| OKX MVLL-USDT-SWAP | 0.0000% | 8h | 35.240 | −0.006% | $878K | $1.2M | 10x | as long as short |
| Gate MVLL_USDT | 0.0000% | 8h | 35.200 | −0.120% | $530K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 35.220 | −0.063% | $4.4M | $1.4M | 20x | as long as short |
| Bitget MVLLUSDT | 0.0000% | 8h | 35.250 | +0.022% | $681K | $640K | 20x | as long as short |
| Phemex MVLLUSDTshort | 0.0000% | 8h | 35.220 | −0.063% | $1.8M | $1.1M | 10x | |
| KuCoin MVLLUSDTM | +0.0100% | 8h | 35.210 | −0.091% | $189K | $591K | 20x | as long as short |
| HTX MVLL-USDT | +0.0100% | 8h | 35.260 | +0.051% | $9K | $253K | 10x | as long as short |
Bybit MVLLUSDT
OKX MVLL-USDT-SWAP
Gate MVLL_USDT
MEXC MVLL_USDT
Bitget MVLLUSDT
KuCoin MVLLUSDTM
HTX MVLL-USDT