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: HTX against Bybit−0.030%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1491.488% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now −0.030%, 7d avg −0.055%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.026% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MVLLUSDT | 33.640 | 0 | get 0.0000% / 8h | 50m 31s | $510K | $427K | 25x |
| Short | HTX MVLL-USDT | 33.630 | 0.0100 | get 0.0100% / 8h | 50m 31s | $8K | $269K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bybit. 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: −0.030% → −0.055%
- $2.55
- Slippage, 4 orders
- −$125.77
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$125.22
- Costs to cover
- 1.488%
- Break-even
- 48.7 days
Slippage from Bybit: live order book, 44 min ago; HTX: live order book, 51 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 Bybit live order book, 44 min ago | 4.49 bp | 15.6 bp −$16 | 207.0 bp −$2,070 | doesn't fit | doesn't fit |
| Sell HTX live order book, 51 min ago | 17.93 bp | 46.1 bp −$46 | 105.4 bp −$1,054 | 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 | −0.1724% | 8h | 33.700 | +0.178% | $789K | $937K | 20x | as long as short |
| Binance MVLLUSDT | 0.0000% | 8h | 33.638 | −0.007% | $3.4M | $41.5M | 20x | as long as short |
| Bybit MVLLUSDTlong | 0.0000% | 8h | 33.640 | long leg | $510K | $427K | 25x | |
| OKX MVLL-USDT-SWAP | 0.0000% | 8h | 33.640 | 0.000% | $801K | $1.3M | 10x | as long as short |
| Gate MVLL_USDT | 0.0000% | 8h | 33.680 | +0.119% | $486K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 33.650 | +0.030% | $4.5M | $1.4M | 20x | as long as short |
| Phemex MVLLUSDT | 0.0000% | 8h | 33.630 | −0.030% | $1.7M | $1.2M | 10x | as long as short |
| KuCoin MVLLUSDTM | +0.0100% | 8h | 33.640 | 0.000% | $181K | $491K | 20x | as long as short |
| HTX MVLL-USDTshort | +0.0100% | 8h | 33.630 | −0.030% | $8K | $269K | 10x |
Bybit MVLLUSDT
HTX MVLL-USDT
Bitget MVLLUSDT
Binance MVLLUSDT
OKX MVLL-USDT-SWAP
Gate MVLL_USDT
MEXC MVLL_USDT
Phemex MVLLUSDT
KuCoin MVLLUSDTM