Funding you earn now, next payment 08:00 UTC+0.1843%/8h= +201.8% APRnext payment +$18.43 per $10,000 · paid last 24h −0.005%
Price spread now: Bybit against Bitget−0.148%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$2092.087% of the position
Funding, last 7 days−0.160%−$16 on $10k
+Price spread, last 4 days (all we have)+0.215%+$22 · spread now −0.148%, 7d avg −0.019%
=Funding pays, the price is against you. Bybit is 0.128% cheaper against Bitget than usual: you would sell low and buy high (spread −0.148% now, against its 7-day average of −0.019%). If the spread goes back, that is −$13 on $10k: about 6 hours of funding at the current rate (+$55 a day). Mind the row above: over the last 7 days funding on this pair cost −0.160%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.160% in total (about -8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$18.43 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 | Bitget MVLLUSDT | 33.880 | −0.1843 | get 0.1843% / 8h | 1h 58m | $772K | $886K | 20x |
| Short | Bybit MVLLUSDT | 33.830 | 0 | get 0.0000% / 8h | 1h 58m | $514K | $441K | 25x |
Bitget MVLLUSDT
Bybit MVLLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- $387.03
- Price spread: −0.148% → −0.019%
- −$12.84
- Slippage, 4 orders
- −$185.72
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $165.47
- Costs to cover
- 2.087%
- Break-even
- 4.0 days
Slippage from Bitget: live order book, 47 min ago; Bybit: live order book, 41 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 Bitget live order book, 47 min ago | 2.94 bp | 35.6 bp −$36 | 40.0 bp −$400 | 292.0 bp −$29.2K | doesn't fit |
| Sell Bybit live order book, 41 min ago | 4.49 bp | 54.4 bp −$54 | 191.3 bp −$1,913 | 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 MVLLUSDTlong | −0.1843% | 8h | 33.880 | long leg | $772K | $886K | 20x | |
| Binance MVLLUSDT | 0.0000% | 8h | 33.838 | −0.125% | $3.4M | $41.0M | 20x | as long as short |
| Bybit MVLLUSDTshort | 0.0000% | 8h | 33.830 | −0.148% | $514K | $441K | 25x | |
| OKX MVLL-USDT-SWAP | 0.0000% | 8h | 33.870 | −0.030% | $810K | $1.3M | 10x | as long as short |
| Gate MVLL_USDT | 0.0000% | 8h | 33.840 | −0.118% | $485K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 33.820 | −0.177% | $4.2M | $1.4M | 20x | as long as short |
| Phemex MVLLUSDT | 0.0000% | 8h | 33.820 | −0.177% | $1.7M | $1.2M | 10x | as long as short |
| KuCoin MVLLUSDTM | +0.0100% | 8h | 33.810 | −0.207% | $181K | $512K | 20x | as long as short |
| HTX MVLL-USDT | +0.0100% | 8h | 33.810 | −0.207% | $9K | $266K | 10x | as long as short |
Binance MVLLUSDT
OKX MVLL-USDT-SWAP
Gate MVLL_USDT
MEXC MVLL_USDT
Phemex MVLLUSDT
KuCoin MVLLUSDTM
HTX MVLL-USDT