Funding you earn now, next payment 08:00 UTC+0.0551%/8h= +60.3% APRnext payment +$5.51 per $10,000 · paid last 24h −0.005%
Price spread now: MEXC against Bitget+0.058%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$590.586% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.058%, 7d avg +0.019%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and MEXC is 0.039% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.019%. Mind the row above: over the last 7 days funding on this pair cost −0.140%, 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 -0.140% in total (about -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.51 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 | 34.190 | −0.0551 | get 0.0551% / 8h | 3h 29m | $649K | $658K | 20x |
| Short | MEXC MVLL_USDT | 34.210 | 0 | get 0.0000% / 8h | 3h 29m | $4.3M | $1.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $115.71
- Price spread: +0.058% → +0.019%
- $3.92
- Slippage, 4 orders
- −$46.57
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $61.06
- Costs to cover
- 0.586%
- Break-even
- 3.3 days
Slippage from Bitget: live order book, 21 min ago; MEXC: live order book, 3 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, 21 min ago | 2.90 bp | 24.4 bp −$24 | 55.8 bp −$558 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.93 bp | 2.9 bp −$3 | 7.6 bp −$76 | 159.6 bp −$16.0K | 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 | −0.0551% | 8h | 34.190 | long leg | $649K | $658K | 20x | |
| Binance MVLLUSDT | 0.0000% | 8h | 34.163 | −0.078% | $3.4M | $39.7M | 20x | as long as short |
| Bybit MVLLUSDT | 0.0000% | 8h | 34.200 | +0.029% | $517K | $441K | 25x | as long as short |
| OKX MVLL-USDT-SWAP | 0.0000% | 8h | 34.160 | −0.088% | $839K | $1.2M | 10x | as long as short |
| Gate MVLL_USDT | 0.0000% | 8h | 34.190 | 0.000% | $519K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDTshort | 0.0000% | 8h | 34.210 | +0.058% | $4.3M | $1.4M | 20x | |
| Phemex MVLLUSDT | 0.0000% | 8h | 34.220 | +0.088% | $1.7M | $1.1M | 10x | as long as short |
| KuCoin MVLLUSDTM | +0.0100% | 8h | 34.180 | −0.029% | $183K | $570K | 20x | as long as short |
| HTX MVLL-USDT | +0.0100% | 8h | 34.230 | +0.117% | $9K | $259K | 10x | as long as short |
Bitget MVLLUSDT
MEXC MVLL_USDT
Binance MVLLUSDT
Bybit MVLLUSDT
OKX MVLL-USDT-SWAP
Gate MVLL_USDT
Phemex MVLLUSDT
KuCoin MVLLUSDTM
HTX MVLL-USDT