Funding you earn now, next payment 16:00 UTC+0.0856%/8h= +93.7% APRnext payment +$8.56 per $10,000 · paid last 24h +0.178%
Price spread now: HTX against Bitget−0.088%46s7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1571.568% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)−0.106%−$11 · spread now −0.088%, 7d avg −0.084%
=The price spread sits at its 7-day average of −0.084%, so right now this pair is about funding alone: +$26 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.051% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.56 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MVLLUSDT | 33.950 | −0.0756 | get 0.0756% / 8h | 5h 56m | $975K | $1.3M | 20x |
| Short | HTX MVLL-USDT | 33.920 | 0.0100 | get 0.0100% / 8h | 5h 56m | $8K | $273K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $179.76
- Price spread: −0.088% → −0.084%
- −$0.47
- Slippage, 4 orders
- −$132.8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $22.5
- Costs to cover
- 1.568%
- Break-even
- 6.1 days
Slippage from Bitget: live order book, 3 min ago; HTX: live order book, 53 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, 3 min ago | 2.95 bp | 46.3 bp −$46 | 96.5 bp −$965 | doesn't fit | doesn't fit |
| Sell HTX live order book, 53 min ago | 24.00 bp | 38.2 bp −$38 | 68.5 bp −$685 | doesn't fit | doesn't fit |
MVLL on 9 exchanges
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 | −0.0756% | 8h | 33.950 | long leg | $975K | $1.3M | 20x | |
| Binance MVLLUSDT | 0.0000% | 8h | 33.929 | −0.061% | $3.3M | $45.2M | 20x | as long as short |
| Bybit MVLLUSDT | 0.0000% | 8h | 33.930 | −0.059% | $498K | $497K | 25x | as long as short |
| OKX MVLL-USDT-SWAP | 0.0000% | 8h | 33.950 | 0.000% | $773K | $2.6M | 10x | as long as short |
| Gate MVLL_USDT | 0.0000% | 8h | 33.930 | −0.059% | $508K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 33.940 | −0.029% | $4.1M | $1.5M | 20x | as long as short |
| Phemex MVLLUSDT | 0.0000% | 8h | 33.910 | −0.118% | $1.7M | $1.3M | 10x | as long as short |
| KuCoin MVLLUSDTM | +0.0100% | 8h | 33.930 | −0.059% | $182K | $582K | 20x | as long as short |
| HTX MVLL-USDTshort | +0.0100% | 8h | 33.920 | −0.088% | $8K | $273K | 10x |
Bitget MVLLUSDT
HTX MVLL-USDT
Binance MVLLUSDT
Bybit MVLLUSDT
OKX MVLL-USDT-SWAP
Gate MVLL_USDT
MEXC MVLL_USDT
Phemex MVLLUSDT
KuCoin MVLLUSDTM